Veresen is a great fit for Pembina

Pembina has now completed its acquisition of Veresen Inc. for $9.7 billion. The purchase is a great fit for the company: Veresen’s assets, including its 50% stake in the Alliance natural-gas pipeline, will broaden Pembina’s operations and its U.S. exposure. Veresen should also boost Pembina’s… Read More

Dividend increase: Pembina Pipeline

PEMBINA PIPELINE CORP. $41 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 502.5 million; Market cap: $20.6 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 5.3%; www.pembina.com) has completed its acquisition of rival pipeline operator Veresen Inc. (Toronto symbol VSN, a now-former… Read More

Veresen is a great fit for Pembina

Pembina has now completed its acquisition of Veresen Inc. for $9.7 billion. The purchase is a great fit for the company: Veresen’s assets, including its 50% stake in the Alliance natural-gas pipeline, will broaden Pembina’s operations and its U.S. exposure. Veresen should also boost Pembina’s… Read More

Big acquisitions fuel growth, but also risk

PEMBINA PIPELINE $42.88 (Toronto symbol PPL; Shares o/s: 401.0 million; Market cap: $17.2 billion; TSINetwork Rating: Average; Divd. yield: 4.1%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. Its network also carries 30% of Western Canada’s natural… Read More

Veresen to power Pembina dividend

PEMBINA PIPELINE CORP. $44 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 400.0 million; Market cap: $17.6 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 4.9%; www.pembina.com) has agreed to buy VERESEN INC. $19 (Toronto symbol VSN).
Under the deal, Veresen investors can… Read More

Pembina buys Veresen

PEMBINA PIPELINE $43.25 (Toronto symbol PPL; s/o: 399.0 million; Market cap: $17.2 billion; TSINetwork Rating: Average; Divd. yield: 4.7%; www.pembina. com) will now buy VERESEN $18.45 (Toronto symbol VSN; Shares outstanding: 313.6 million; Market cap: $5.8 billion; TSINetwork Rating: Average; Dividend yield: 5.4%; www.vereseninc.com). Veresen… Read More

Expansion fuels Pembina’s dividend

Dear client:
Pembina is set to complete a $5.2 billion expansion program this year. Those new operations will immediately add to cash flow and support the company’s plans for future dividend increases. In fact, Pembina has already begun to benefit from a new wave of growth… Read More

Expansion fuels Pembina’s dividend

Dear client:
Pembina is set to complete a $5.2 billion expansion program this year. Those new operations will immediately add to cash flow and support the company’s plans for future dividend increases. In fact, Pembina has already begun to benefit from a new wave of growth… Read More