Report
Joe Gemino
EUR 101.80 For Business Accounts Only

Inter Pipeline’s 7.3% Dividend Reigns Supreme; Modest Upside in the Stock

After updating our model for Inter Pipeline’s fourth-quarter results, we are increasing our fair value estimate to CAD 26 per share from CAD 25. The increase is driven by our bullish oil sands production forecast for Cenovus Energy, Imperial Oil, and Canadian Natural. We expect Inter Pipeline to add 1.6 million barrels of oil per day of incremental volumes from oil sands growth projects over the next decade, aided by the implementation of solvent-assisted technology.  Furthermore, we are maintai...
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

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch