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Enbridge Inc. (ENB $66.29)
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TC Energy Corporation (TRP $72.01)
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Pembina Pipeline Corporation (PPL $53.07)
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Brookfield Infrastructure Partners L.P. (BIP.UN $48.61)
Q: Questions on PPL:
- Can you please provide a bear and bull case for PPL?
- How is its balance sheet compared to TRP and ENB?
- Is PPL different enough from TRP and ENB that one could own all three?
- If one were to own all three (and if BIP.UN is also owned - which has pipelines too) what overall total percentage range of Pipelines would 5i be comfortable with?
- Can you please provide a bear and bull case for PPL?
- How is its balance sheet compared to TRP and ENB?
- Is PPL different enough from TRP and ENB that one could own all three?
- If one were to own all three (and if BIP.UN is also owned - which has pipelines too) what overall total percentage range of Pipelines would 5i be comfortable with?
5i Research Answer:
The three noted have some differences but the correlation of stocks is fairly high and we do not...