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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (71444)12/16/2019 7:46:10 PM
From: Goose94Read Replies (1) of 202715
 
Pembina Pipeline (PPL-T) top pick from Chris Blumas on BNN.ca Market Call 2nite Monday Dec 16th @ 1800ET

Pembina is an energy infrastructure company with a unique collection of gathering and processing assets. The company derives around 85 per cent of its profits from fee-based contracts that include take-or-pay and fee-for-service contracts. In addition, Pembina has an investment-grade balance sheet and the ability to fund organic growth initiatives with internally generated cash flows. Going forward, there is tremendous fundamental demand for Pembina’s assets and its strategic footprint provides further opportunities for growth. The stock currently trades at around 10 times forward cash flows and provides investors with a dividend of around 5 per cent.
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