Report
Joe Gemino
EUR 101.80 For Business Accounts Only

Raising Inter Pipeline's FVE on Record Throughput Volumes

Inter Pipeline reported first-quarter funds from operations of CAD 247 million, a 33% increase from the year-ago period. Improved performance was driven by the NGL processing segment and record pipeline throughput volumes. The first quarter saw a full quarter of cash flow from the recently acquired Williams Canada NGL midstream business, coupled with higher propane-plus frac-spread pricing at the company’s Cochrane straddle plant. Additionally, total oil sands throughput volumes increased almost...
Underlying
Inter Pipeline Ltd.

Inter Pipeline is engaged in the business of of petroleum transportation, bulk liquid storage and natural gas liquids (NGL) extraction through the ownership and operation of energy infrastructure assets in western Canada, the U.K., Denmark, Germany, Ireland and Sweden. Co. has four operating business segments that are reportable segments: the oil sands transportation business segment; the conventional oil pipelines business segment; the bulk liquid storage business segment; and the NGL extraction business segment.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joe Gemino

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