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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (59501)	5/17/2017 9:44:06 PM
From: E_K_S	Respond to of 78763

Pembina Pipeline Corporation (PBA) is another one I have been accumulating as they recently announced the acquisition of Veresen Inc. (FCGYF). I own both but a lot more of FCGYF. They are a little smaller than ENB but are similar in a lot of respects (large NG footprint w/ Veresen acquisition). Dividend is about the same and management stated big growth potential out through 2022. You might want to look at PBA. Once the merger is approved (may be September 2017), PBA was looking at a West Coast LNG export facility (Jorden Cove Or may be cancelled in favor of one in British Colombia). I think PBA was eyeing an old Shell facility that was up for sale. Veresen just sold their Power Service Division ($1.5Bln) and that was used to pay down debt. ENB and PBA dividends are qualified w/ no K1's. I like that management has stated they expect dividend growth based on expected FCF growth. EKS