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
BUY ON WEAKNESS
Nice conservative play with good yields. Company has been growing their assets so as they grow their assets they have more cash flow, which they pay out to their investors. Can be some volatility.
BUY
Because of index rebalancing, stock spiked March 31st. Big pension funds need more than what they are getting in the bond market, which could create some interest in a takeover. This is his favourite in this sector and his largest holding. Also likes Pembina (PPL-T). Keyera (KEY-T) has had a huge run so is probably more of a hold. You can also consider Trans Canada (TRP-T) even though it has a lower yield but has some good growth prospects ahead of it.
BUY
A clean strategy to toll the oil sands production from Alberta. As more and more infrastructure goes into the oil sands, their throughput increases more and more.
BUY
They are just a pass-through so it should not matter what the price of oil is, but it does. There is more interest in the stock when oil prices are high. Dividend is safe.
COMMENT
Popped up 5% yesterday but reversed back today. Relative strength index was at 87 today indicating it was overbought. Trend is still higher, so it’s OK. Eventually we’ll be getting into a rising rate environment so would be a little concerned about utilities.
WATCH
Pipelines are getting construction activity, which is why it is having a bit of a move right now. Yield of about 5.6%. Steady and very consistent payer. Don’t expect a lot of growth as utilities have had a lot of their run already. Technicals indicate it is very overbought right now so wait for it to be oversold.
BUY
Been a great stock. Did increase dividend in 2011. In big cap X project, so probably wont increase dividend this year or next.
TOP PICK
Dividend yield of over 6% and thinks it will be able to grow organically at 5% to 10%. They are building the incremental oil pipelines to the oil sands over the next 10 years.
TOP PICK
(A Top Pick Feb 26/10. Up 35.27%.) A utility and very good management. Have been heads up on the tar sands and built their pipelines to fit this. Only about 70% payout, which will drop to about 63% next year. Yield of around 6.4%.
HOLD
Ship oil from the oil sands, so in the right spot at the right time. Won’t go up too much so probably a Hold more than a Buy. Dividends are completely sustainable. Also have a lot of tax losses to drill through.
HOLD
Valuations are pretty full in every stock in this sector and he is holding for the income stream. Doesn’t think there is much risk to the downside. The risks on these start to come when the bond market starts to tick up and rising interest rates.
TOP PICK
6% yield. Increased distributions twice in the last couple of years. Have big tax pools. Expecting good growth.
TOP PICK
One of the companies that retained it partnership structure so still has a favourable tax treatment. Yielding over 6%. Thinks it can grow in the oil sands business as they build the pipes over the next decade and should be able to double the size of the company.
BUY
Has a higher growth profile than a lot of the other pipelines. Will probably give an 8%-10% rate of return. Has the growth profile of the oil sands. As this increases output, they will benefit.
BUY
Has had a huge run. Pays a good distribution. (A dividend as at Jan 1st and they don’t have to convert from a trust.) Thinks they will increase dividend again as there is good organic growth. This is mostly a Buy for yield at this point, not growth.
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