- Pembina Pipeline is one of the largest pipeline companies in North America, boasting a commanding position in the WCSB in Canada.
- The WCSB has essentially undone all of the production declines inflicted by the pandemic, and the business environment is now stronger than in 2019.
- This has a very real likelihood of driving up Pembina Pipeline's volumes, which should reflect itself in growth.
- The company is poised to deliver fairly strong cash flow growth in 2022 as some of its new projects come online.
- The 6.77% dividend appears sustainable and could increase going forward, providing for a better yield-on-cost.
For further details see:
Pembina Pipeline: Return To Growth, Possible Forward Dividend Growth