Pembina maps out 2019

PEMBINA PIPELINE $41.23 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $20.5 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.pembina.com) plans to spend $1.6 billion on new projects and upgrades to its existing operations in 2019.
About 53% of that spending will go toward new pipelines. That… Read More

High-quality operations offset acquisition risk

ALGONQUIN POWER & UTILITIES CORP. $14 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 473.9 million; Market cap: $6.6 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Generation Group produces and sells electricity from 35 clean energy… Read More

These utilities offer income—and growth

PEMBINA PIPELINE $45.89 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $23.1 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. In addition, its network transports 30% of Western Canada’s natural gas… Read More

New U.S. assets spur Pembina

Pembina’s $9.7 billion purchase of Veresen Inc. late last year has already proven a great fit for the company: Veresen’s U.S. exposure and its assets, including a 50% stake in the Alliance natural-gas pipeline, have broadened Pembina’s operations. Veresen should also continue to boost Pembina’s… Read More