Inter Pipeline

IPL-T

TSE:IPL

13.33
0.00 (0.00%)
Inter Pipeline is a multinational petroleum transportation and infrastructure limited partnership that ranks among North America's leading natural gas and NGL's extraction businesses.
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Analysis and Opinions about IPL-T

Signal
Opinion
Expert
HOLD
HOLD
November 16, 2020
They have been hit hard. In 2008 these were the best performing sector. This year they have performed terribly. They are attractive given the dividend yields. He still owns some IPL-T. They cut their dividend and are working on a feed plant for recycled plastics. In the summer there was considerable insider buying. If you have it, consider it still a hold.
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Inter Pipeline (IPL-T)
November 16, 2020
They have been hit hard. In 2008 these were the best performing sector. This year they have performed terribly. They are attractive given the dividend yields. He still owns some IPL-T. They cut their dividend and are working on a feed plant for recycled plastics. In the summer there was considerable insider buying. If you have it, consider it still a hold.
PAST TOP PICK
PAST TOP PICK
November 4, 2020
(A Top Pick Nov 18/19, Down 40%) Hurt by pandemic fear. Business is actually performing well. Financing is in question for their plant making more durable and recylable plastics. Temporary, though large, hiccup. Opportunity to average down.
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Inter Pipeline (IPL-T)
November 4, 2020
(A Top Pick Nov 18/19, Down 40%) Hurt by pandemic fear. Business is actually performing well. Financing is in question for their plant making more durable and recylable plastics. Temporary, though large, hiccup. Opportunity to average down.
DON'T BUY
DON'T BUY
October 14, 2020

Hold ENB and PPL instead, which have more robust cashflows and can sustain the dividend. Cut dividend, and still looking for partner for their chemical plant. Overhangs on the stock. Wouldn't add at current levels in this environment. Yield is 3.7%.

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Inter Pipeline (IPL-T)
October 14, 2020

Hold ENB and PPL instead, which have more robust cashflows and can sustain the dividend. Cut dividend, and still looking for partner for their chemical plant. Overhangs on the stock. Wouldn't add at current levels in this environment. Yield is 3.7%.

SPECULATIVE BUY
SPECULATIVE BUY
October 8, 2020

Execution and funding risk. There are safer names like ENB and PPL. If they pull off this execution on time and on budget, there's meaningful upside. Balance sheet pretty levered. Not as cheap as peers. It can work, but it's a riskier play.

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Inter Pipeline (IPL-T)
October 8, 2020

Execution and funding risk. There are safer names like ENB and PPL. If they pull off this execution on time and on budget, there's meaningful upside. Balance sheet pretty levered. Not as cheap as peers. It can work, but it's a riskier play.

HOLD
HOLD
October 5, 2020
His model price is $13.14, which is only 1.8% higher. He would look for opportunities down the road. It is fully valued right now. Don't buy or sell it here.
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Inter Pipeline (IPL-T)
October 5, 2020
His model price is $13.14, which is only 1.8% higher. He would look for opportunities down the road. It is fully valued right now. Don't buy or sell it here.
DON'T BUY
DON'T BUY
September 22, 2020

Prefers Enbridge, Keyera and others in pipelines. IPL had no choice but to cut their dividend to fund their ambitious projects. Selling their storage business in Europe, announced today, helps. There are safer, better dividend-paying stocks.

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Inter Pipeline (IPL-T)
September 22, 2020

Prefers Enbridge, Keyera and others in pipelines. IPL had no choice but to cut their dividend to fund their ambitious projects. Selling their storage business in Europe, announced today, helps. There are safer, better dividend-paying stocks.

DON'T BUY
DON'T BUY
August 28, 2020
A very simple pipeline and tank business. They owned and followed it for a long time. They invested in turning oil to plastics. The demand for propylene that they will produce is hard to evaluate so they exited.
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Inter Pipeline (IPL-T)
August 28, 2020
A very simple pipeline and tank business. They owned and followed it for a long time. They invested in turning oil to plastics. The demand for propylene that they will produce is hard to evaluate so they exited.
PAST TOP PICK
PAST TOP PICK
August 18, 2020
(A Top Pick Jul 16/19, Down 32%) They're completing their Heartland Petrochemical Project, still doing well, though the budget rose. The pandemic hit them at a bad time when their financing was overextended and some questioned their base business, but that business is actually performing better than expects. Their oil sands pipeline is just fine while their storage business in Europe is at all-time highs. There are a lot of catalysts here going forward though they cut their dividend. He continues to hold it and gently averages into it and would buy more if he retraces to past lows.
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Inter Pipeline (IPL-T)
August 18, 2020
(A Top Pick Jul 16/19, Down 32%) They're completing their Heartland Petrochemical Project, still doing well, though the budget rose. The pandemic hit them at a bad time when their financing was overextended and some questioned their base business, but that business is actually performing better than expects. Their oil sands pipeline is just fine while their storage business in Europe is at all-time highs. There are a lot of catalysts here going forward though they cut their dividend. He continues to hold it and gently averages into it and would buy more if he retraces to past lows.
DON'T BUY
DON'T BUY
July 16, 2020

Attractive yield. Overhang on the stock is still to find a partner for a large chemical plant. She's happy instead to own ENB and PPL.

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Attractive yield. Overhang on the stock is still to find a partner for a large chemical plant. She's happy instead to own ENB and PPL.

DON'T BUY
DON'T BUY
July 7, 2020
He sold it two years ago. They cut their dividend 70% in April which surprised many. A lot of their revenue was contracted and not so much exposed to oil prices. They were building a propane processing plant in Alberta, but this $4 billion project strained the balance sheet. The current dividend is sage, and he thinks in 2023 when the plant comes online IPL will recover. Until then, the stock won't move up much.
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He sold it two years ago. They cut their dividend 70% in April which surprised many. A lot of their revenue was contracted and not so much exposed to oil prices. They were building a propane processing plant in Alberta, but this $4 billion project strained the balance sheet. The current dividend is sage, and he thinks in 2023 when the plant comes online IPL will recover. Until then, the stock won't move up much.
BUY WEAKNESS
BUY WEAKNESS
July 3, 2020
An oil-sands transportation business, which also holds some storage assets in Europe. Its flagship business is a petrochemical facility in the Heartland region of Alberta. It trades at a discount to its peers, because the petrochemical plant brings uncertainty -- namely, they have not disclosed how much of the plant's capacity is contracted and there is no partner. It is a massive capital project. He does not own this. They have raised debt and cut the dividend 70%. He might be inclined to buy if it dropped another 15%.
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An oil-sands transportation business, which also holds some storage assets in Europe. Its flagship business is a petrochemical facility in the Heartland region of Alberta. It trades at a discount to its peers, because the petrochemical plant brings uncertainty -- namely, they have not disclosed how much of the plant's capacity is contracted and there is no partner. It is a massive capital project. He does not own this. They have raised debt and cut the dividend 70%. He might be inclined to buy if it dropped another 15%.
DON'T BUY
DON'T BUY
June 8, 2020

IPL-T vs. ENB-T. IPL-T is a mid-carrier. It moves between facilities. ENB-T is international and moves between Canada and the US. ENB-T also owns a local gas utility in Southern Ontario. He owns ENB-T because it is a higher quality company and has bigger projects that are somewhat deferred due to environmental assessments. The dividend is stable and was not at risk.

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IPL-T vs. ENB-T. IPL-T is a mid-carrier. It moves between facilities. ENB-T is international and moves between Canada and the US. ENB-T also owns a local gas utility in Southern Ontario. He owns ENB-T because it is a higher quality company and has bigger projects that are somewhat deferred due to environmental assessments. The dividend is stable and was not at risk.

PAST TOP PICK
PAST TOP PICK
June 5, 2020
(A Top Pick Jul 15/19, Down 33%) They are building the first modern petrochemical plant in Western Canada. They were progressing nicely, but the fear of the pandemic caused them to cut the dividends an circle the wagons. He feels the assets have not been impaired, plus the new plan is a 50% or more add to earnings. He thinks they are emerging okay.
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(A Top Pick Jul 15/19, Down 33%) They are building the first modern petrochemical plant in Western Canada. They were progressing nicely, but the fear of the pandemic caused them to cut the dividends an circle the wagons. He feels the assets have not been impaired, plus the new plan is a 50% or more add to earnings. He thinks they are emerging okay.
DON'T BUY
DON'T BUY
May 13, 2020
She sold this a few years ago, when they reduced exposure in pipelines. They cut the dividend a few weeks ago. They are still funding a large new petrochemical facility and have not yet found a partner to move forward with. A large capex project will be questioned about how it will be funded going forward she thinks.
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She sold this a few years ago, when they reduced exposure in pipelines. They cut the dividend a few weeks ago. They are still funding a large new petrochemical facility and have not yet found a partner to move forward with. A large capex project will be questioned about how it will be funded going forward she thinks.
HOLD
HOLD
May 7, 2020
They did this project to create polypropylene. Investors don’t like large projects when things become uncertain. He does not want to take any risks right now. They cut their dividend about 70% and that is factored into the price. He would not switch out of it. Pipelines are similar seasonally to oil but are strong longer. He'd be cautious after that. It may do okay for the next few weeks, however.
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They did this project to create polypropylene. Investors don’t like large projects when things become uncertain. He does not want to take any risks right now. They cut their dividend about 70% and that is factored into the price. He would not switch out of it. Pipelines are similar seasonally to oil but are strong longer. He'd be cautious after that. It may do okay for the next few weeks, however.
Showing 1 to 15 of 787 entries

Inter Pipeline(IPL-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 7

Bearish - Sell Signals / Votes : 13

Total Signals / Votes : 37

Stockchase rating for Inter Pipeline is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Inter Pipeline(IPL-T) Frequently Asked Questions

What is Inter Pipeline stock symbol?

Inter Pipeline is a Canadian stock, trading under the symbol IPL-T on the Toronto Stock Exchange (IPL-CT). It is usually referred to as TSX:IPL or IPL-T

Is Inter Pipeline a buy or a sell?

In the last year, 37 stock analysts published opinions about IPL-T. 17 analysts recommended to BUY the stock. 13 analysts recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Inter Pipeline.

Is Inter Pipeline a good investment or a top pick?

Inter Pipeline was recommended as a Top Pick by Teal Linde on 2020-11-16. Read the latest stock experts ratings for Inter Pipeline.

Why is Inter Pipeline stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Inter Pipeline worth watching?

37 stock analysts on Stockchase covered Inter Pipeline In the last year. It is a trending stock that is worth watching.

What is Inter Pipeline stock price?

On 2020-12-02, Inter Pipeline (IPL-T) stock closed at a price of $13.33.