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
COMMENT
Difficult to analyze because of the scope of properties as well as geographies. Trades at a discount to her other oil/gas pipelines trade. Will possibly sell off parts to US Master Limited Partnerships, which is a very acquisitive space with very rich stock prices.
BUY
Yield is in excess of 8%. Has recently expanded its capacity to ship oil from the tar sands.
TOP PICK
Has a good yield Have just finished a pipeline which will add to their capacity. They are one of the leaders.
BUY
Pipelines are a growth industry and if demand keeps on rising, the product will have to be shipped. Has been buying Fort Chicago (FCE.UN-T) Inter Pipeline (IPL.UN-T) and Pembina (PIF.UN-T) for new accounts.
BUY
One of his favourite names in the pipeline trust sector. Good growth and it is stable. Will benefit from a stable/declining interest rate.
PAST TOP PICK
(A Top Pick Nov 29/06. Up 10.1%.) Still buying.
BUY
Recently acquired a pipeline that gives them good oil sands exposure. Has some storage assets in Europe.
HOLD
Made a large acquisition of a pipeline in the oil sands region of Alberta. Opens up a new growth platform for them. Currently undergoing expansion of their existing pipeline. Looks expensive on an EBITDA ratio, but when you look out 3 or 4 years, it becomes a bit more reasonable. 8.9% yield.
BUY
A good long-term hold. Acquired Kinder Morgan’s Alberta pipeline, which is quite large, but paid a fairly full valuation. Low volatility.
BUY
One of his favourites. Feels the distributions are definitely safe.
BUY
The pipeline trusts is a sector with tremendous value. Offer better value than the pipeline companies. He owns Keyera (KEY.UN-T), Inter-Pipeline (IPL.UN-T), Fort Chicago (FCE.UN-T) and Pembina (PIF.UN-T). Distributions have held and the yields are up. Feels they will be taken out.
PAST TOP PICK
(A Top Pick Nov 29/06. Up 5.3%.) Still buying.
DON'T BUY
Just cleared out of her holdings and moved money into other players in this sector. Prefers Fort Chicago (FCE.UN-T), Altagas (ALA.UN-T) and Keyera (KEY.UN-T). This company is fine, but prefers others.
PAST TOP PICK
(A Top Pick Nov 29/06. Up 8.8%.) This is a form of trust that will be around for a long, long time.
BUY
The pipeline model is a good one for and income trust. Both Inter Pipeline (IPL.UN-T) and Fort Chicago (FCE.UN-T) are relatively attractive investments. Their assets have significant value.
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