TSX:PPLOil and Gas
Does Alliance Pipeline Re-Contracting Shift the Bull Case for Pembina Pipeline (TSX:PPL)?
Earlier this month, Pembina Pipeline re-contracted the Canadian segment of the Alliance Pipeline, lowering contracted rates and making several concessions that are expected to affect its near-term earnings.
This adjustment comes as Pembina manages $4 billion in ongoing capital projects, with Cedar LNG in Kitimat, BC scheduled for completion by late 2028 and positioned as a potential new income stream.
We'll explore how the Alliance Pipeline re-contracting and its impact on near-term earnings...