Earnings
November 14, 2019 - NFI
New! NFI Group Inc. Q3-2019 Earnings, Price Target Update .....
November 13, 2019 - CUF.UN
New! Cominar REIT - Q3-2019 Earnings, Price Target .....
November 10, 2019 - PKI
Parkland Fuel Corp. Q3-2019 Earnings & Price Target Update .....
November 9, 2019 - IPL
Inter Pipeline Ltd - Q3-2019 Earnings - Price Target Update .....
November 8, 2019 - CRT.UN
CT REIT Q3-2016 Earnings, Price Target Forecast .....
November 6, 2019 - KEY
Keyera Corp. Q3-2019 Earnings, Price Target Update .....
November 5, 2019 - VET
Vermilion Energy Q3-2019 Earnings, Price Target Update .....
November 3, 2019 - TRP
TC Energy Corp - Q3-2019 Earnings, Price Target Update .....
Recommendation Changes
VET, SRV.UN, PLZ-UN, ESI, KEG.UN, more...

Pinnacle Renewable Energy Inc. Q1-2019 Earnings, Price Target Forecast

This is only a sample of the article, please login to view the entire article

Pinnacle Renewable Energy (PL-TSX) is one of the larger global producers and distributors of industrial wood pellets used by large-scale thermal power generators as a greener alternative for reliable baseload renewable power. Pinnacle owns 8 production facilities in western Canada, one in Alabama, and a port terminal in B.C. Combined production capacity is 2.2M tons annually. Pinnacle has entered into long-term take-or-pay contracts with customers in the UK, Europe and Asia that represent 109% of its production capacity through 2021 and nearly 109% of its production capacity through 2026. They currently operate eight wood pellet production facilities throughout western Canada, and one production facility in Alabama. Pinnacle's Canadian production facilities are all located on major rail lines allowing for efficient rail transport to one of two shipping terminals on the B.C. coast. Canadian National Railway has been contracted under a 5 year shipping agreement for operations in Western Canada. Pinnacle's owns the Westview terminal in Prince Rupert, and the Fibreco Terminal at the Port of Vancouver. The Alabama production facility utilizes shipping facilities on the U.S. Gulf Coast.

Their IPO was completed during Feb-2018 The IPO included a treasury offering and a secondary offering by Onex. As of Mar-29-2019, Onex Corp.(ONEX-TSX) owned 31.3% of Pinnacle compared to 42.8% prior to the IPO.

Facilities

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
November 8, 2019
New! Coverage Universe - Weekly Price Change: Nov 1-8, 2019
November 1, 2019
Coverage Universe - Weekly Price Change: Oct 25-Nov 1, 2019
October 26, 2019
Coverage Universe - Weekly Price Change: Oct 18-25, 2019
October 18, 2019
Coverage Universe - Weekly Price Change: Oct 11-18, 2019
October 11, 2019
Melcor REIT - 5.1% Convertible Debenture New Issue
October 11, 2019
Coverage Universe - Weekly Price Change: Oct 4-11, 2019
October 5, 2019
Coverage Universe - Weekly Price Change: Sept 27- Oct 4, 2019
September 27, 2019
Coverage Universe - Weekly Price Change: Sept 20-27, 2019