CA - Pembina Pipelines: Why We Bought The 8.31% Yielding Preferreds

2024-07-05 18:00:00 ET

Summary

• Pembina Pipeline Corporation reported strong Q1-2024 results, beating analyst estimates.
• Pembina reached FID on Cedar LNG and also acquired assets from Whitecap Resources.
• We tell you why we went with the PPL.PR.E preferred shares in the recent preferred selloff.

Note: All amounts discussed are in Canadian Dollars

On our last coverage of Pembina Pipelines ( PPL:CA ), we extolled the company's cautious approach and forecasted a bump up for the income investors....

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