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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (68295)	11/18/2019 7:43:42 PM
From: Goose94	Read Replies (1) of 202283

Inter Pipeline (IPL-T) revisited top pick from Ryan Bushell on BNN.ca Market Call Monday Nov 18th @ 1200ET Inter Pipeline continues to make progress on their Heartland Petrochemical Complex (HPC) and said on their last call that it was ahead of schedule and on budget. As the project is de-risked (currently 60 per cent), the market will likely gain confidence in the EBITDA growth profile post 2021. Catalysts include any material disclosure related to the intake/offtake for HPC as well as the possible sale of their bulk liquids storage business in the U.K./Europe. They reported a weak quarter recently in their NGL business, but Q4 is setting up strong and we get paid a hefty 8 per cent dividend yield to be patient here.

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