Pembina targets a rival

PEMBINA PIPELINE, $38.02, is a buy. The company (Toronto symbol PPL; Shares outstanding: 550.0 million; Market cap: $20.8 billion; TSINetwork Rating: Average; Dividend yield: 6.6%; www.pembina.com) has announced a takeover bid for Inter Pipeline Ltd. (symbol IPL on Toronto). Pembina is offering 0.5 of a.. Read More

Cash flow covers Inter Pipeline’s high yield

Cash flow covers Inter Pipeline’s high yield

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that transports, stores, markets and processes oil and natural gas in Canada and internationally.

Operations expansion has lifted quarterly revenue 25.1% and earnings, 18.9%. The stock currently trades at a modest… Read More

Inter Pipeline makes key purchase

Inter Pipeline makes key purchase

Pat McKeough recently replied to an Inner Circle member looking for an opinion on Inter Pipeline Ltd. as it prepares for $1.35 billion acquisition. That move, says Pat, carries some risk.

Q: Hi Pat: Can you please comment on Inter Pipeline? Thanks.

A: Inter Pipeline Ltd.,… Read More