TSE:IPL

Inter Pipeline (IPL.TO)

19.12
+0.28 (1.49%)
as of Nov 1, 2021, 8:00:00 pm Market Open.
714 watching
0
HOLD
Has done well like all pipeline stocks. The one thing about them is that they are oil sands and are basically taking stuff from northern Canada and are perceived a little bit less risky than others. Looking pretty fully valued but you can collect the dividend for sure. Pipe are trading at 20 plus times earnings so are fully valued.
BUY ON WEAKNESS
Fine company and great management. He intends to hold. Would wait for a pullback before going into it. $16.50-$17 would be a good entry point.
PAST TOP PICK
(Top Pick Dec 16/10, Up 42.67%)
HOLD
Has run a fair bit lately and is in the sweet spot of steady growth and a good dividend. Pretty fully valued.
BUY
Likes this one at these levels. Last quarter was fairly clean. Over the last period of time, more of their business is coming from fees and is less commodity dependent than it used to be. Have been expanding their operations at Cold Lake.
PAST TOP PICK
(A Top Pick Dec 16/10. Up 26.78%.) Still thinks it can double the size of its assets in the next 10 years. This way you capture the dividends and still get the growth. He thinks he can get 10% compounded.
BUY
Plugged into the oil sands and you don't have to think too much with this one. You have a good asset and really good demand. With Keystone being laid, it will be filled with oil.
TOP PICK
Bought in August because it was on sale at that price. Even at today’s price, two things will drive it. Two drivers are (i) and first class management and (ii) businesses they are in: Pipeline (additional pipelines built) and Bulk storage business in UK and Europe. Both are cash cows. Also have liquids business, which is having a tough time. More acquisitions. Further dividend increases.
BUY
Good assets. Expanding with storage facilities in Denmark, Polaris pipeline coming on and big potential for expansion in Swan Hills area.
DON'T BUY
A Toppy name. 9 or 10 times cash flow.
TOP PICK
One of his biggest positions over the last couple of years. This one rallies on the up days. There is an appetite for this type of investment. Pipeline, Liquid extraction business, storage, will grow cash flow 4-5%/year over the next few years as well as their distribution. Very little variation in the business.
TOP PICK
One of the more aggressive pipeline companies. Stock is outperforming the index. Have tied themselves into the oil sands and have built some new pipelines. Cash flow easily covers the payout.
TOP PICK
(Top Pick Dec 16’2010 Up 15.30%) You have to go up the earnings stream to the guy that sends it through the pipe. 6% yield. Will grow at 2-3% a year. Very boring utility pipeline stories might become very interesting.
TOP PICK
(A Top Pick Oct 12q/10. Up 27.26%.) Have several pipelines in the oil sands and will be adding more, which will be the prime mover of growth. His target is $17 plus. With a potential capital gain from here, plus the dividend, you are looking at 13%-15% return.
TOP PICK
Pipeline and a stable way to play energy. 6% dividend. Really likes its growth prospects. Has the corridor pipeline, which is handling just under 500,000 barrels a day and can go to 1.2 million. Also acquired some oil storage in the Danish Straits, which has a really good return on it.
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