TSE:IPL

Inter Pipeline Stock Forecast, Price & News

C$20.39

+0.02 (+0.10 %)

(As of 06/18/2021 12:00 AM ET)

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Today's Range

C$20.14

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C$20.50

50-Day Range

C$17.55

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C$20.56

52-Week Range

C$11.23

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C$20.67

Volume2.74 million shs

Average Volume1.87 million shs

Market CapitalizationC$8.75 billion

P/E Ratio22.00

Dividend Yield2.36%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Inter Pipeline

Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids (NGL) processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; NGL Processing; and Bulk Liquid Storage. The Oil Sands Transportation segment transports petroleum products through Cold Lake, Corridor, and Polaris pipeline systems covering approximately 3,300 kilometers of pipeline and 3.8 million barrels of storage capacity; and related blending and handling services. The Conventional Oil Pipelines segment is involved in the transportation of crude oil through Bow River, Central Alberta, and Mid-Saskatchewan pipeline systems covering approximately 3,900 kilometers of pipeline and 1,635,000 barrels of storage capacity; and related blending, handling, and marketing activities. The NGL Processing segment processes pipeline natural gas to extract NGL, including ethane, propane, butane, and pentanes-plus; and fractionates NGL stream to produce ethane products and propane plus. These NGLs are used as energy products; and as a feedstock for the petrochemical and crude oil refining industries. The Bulk Liquid Storage segment engages in the storage and handling of bulk liquid products. This segment operates 8 bulk liquid storage terminals and approximately 19 million barrels of storage capacity. Inter Pipeline Ltd. was founded in 1997 and is headquartered in Calgary, Canada.

Inter Pipeline Ltd. Declares Monthly Dividend of $0.04 (TSE:IPL)
June 19, 2021 | americanbankingnews.com

Brookfield willing to sweeten offer for Inter Pipeline in bidding war with Pembina
June 18, 2021 | msn.com

Inter Pipeline (TSE:IPL) Rating Reiterated by Tudor Pickering
June 18, 2021 | americanbankingnews.com

Inter Pipeline (TSE:IPL) Given a C$20.00 Price Target at Tudor Pickering & Holt
June 18, 2021 | americanbankingnews.com

BRIEF-Brookfield Infrastructure Revises Offer To Purchase Inter Pipeline
June 18, 2021 | msn.com

Brookfield Infrastructure Revises Offer For Inter Pipeline
June 18, 2021 | marketwatch.com

Inter Pipeline Ltd. (TSE:IPL) Receives Consensus Rating of "Hold" from Analysts
June 17, 2021 | americanbankingnews.com

Inter Pipeline (TSE:IPL) Hits New 52-Week High at $20.57
June 15, 2021 | americanbankingnews.com

Inter Pipeline (TSE:IPL) Given "Hold" Rating at Tudor Pickering
June 11, 2021 | americanbankingnews.com

Tudor Pickering & Holt Reiterates "C$20.00" Price Target for Inter Pipeline (TSE:IPL)
June 11, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Oil & Gas Pipelines
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:IPL
Previous SymbolTSE:IPL.UN
CUSIPN/A
CIKN/A
Webwww.interpipeline.com
Phone+1-403-2906000
Employees1,656
Year FoundedN/A

Sales & Book Value

Annual SalesC$2.49 billion
Price / Sales3.51
Cash FlowC$0.09 per share
Price / Cash Flow237.09
Book ValueC$9.92 per share
Price / Book2.06

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares429,200,000
Market CapC$8.75 billion
Next Earnings Date8/5/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.46 out of 5 stars

2.0 Analyst's Opinion

Consensus Rating
Inter Pipeline has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 13 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$17.89, Inter Pipeline has a forecasted downside of 12.2% from its current price of C$20.39.
Amount of Analyst Coverage
Inter Pipeline has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Inter Pipeline has received 533 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Inter Pipeline has received 562 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Inter Pipeline has received 51.32% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Inter Pipeline and other stocks. Vote “Outperform” if you believe IPL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IPL will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Inter Pipeline pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Inter Pipeline does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Inter Pipeline is 51.78%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Inter Pipeline insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Inter Pipeline is 22.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Inter Pipeline is 22.00, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.23.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Inter Pipeline, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Inter Pipeline has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Inter Pipeline (TSE:IPL) Frequently Asked Questions

Is Inter Pipeline a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inter Pipeline in the last year. There are currently 13 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Inter Pipeline stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPL, but not buy additional shares or sell existing shares.
View analyst ratings for Inter Pipeline or view top-rated stocks.

What stocks does MarketBeat like better than Inter Pipeline?

Wall Street analysts have given Inter Pipeline a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Inter Pipeline wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Inter Pipeline's next earnings date?

Inter Pipeline is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Inter Pipeline.

How were Inter Pipeline's earnings last quarter?

Inter Pipeline Ltd. (TSE:IPL) posted its quarterly earnings results on Thursday, May, 6th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.14. The business had revenue of $697.20 million for the quarter.
View Inter Pipeline's earnings history.

How has Inter Pipeline's stock price been impacted by Coronavirus (COVID-19)?

Inter Pipeline's stock was trading at C$13.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IPL shares have increased by 55.3% and is now trading at C$20.39.
View which stocks have been most impacted by COVID-19.

How often does Inter Pipeline pay dividends? What is the dividend yield for Inter Pipeline?

Inter Pipeline declared a monthly dividend on Monday, June 21st. Investors of record on Thursday, July 15th will be paid a dividend of 0.04 per share on Thursday, July 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Monday, June 21st.
View Inter Pipeline's dividend history.

Is Inter Pipeline a good dividend stock?

Inter Pipeline pays an annual dividend of C$0.48 per share and currently has a dividend yield of 2.36%. The dividend payout ratio of Inter Pipeline is 51.78%. This payout ratio is at a healthy, sustainable level, below 75%.
View Inter Pipeline's dividend history.

What price target have analysts set for IPL?

13 brokers have issued twelve-month target prices for Inter Pipeline's stock. Their forecasts range from C$12.00 to C$20.00. On average, they expect Inter Pipeline's share price to reach C$17.89 in the next year. This suggests that the stock has a possible downside of 12.2%.
View analysts' price targets for Inter Pipeline or view top-rated stocks among Wall Street analysts.

Who are Inter Pipeline's key executives?

Inter Pipeline's management team includes the following people:

Mr. Christian P. Bayle, Pres, CEO & Director (Age 52, Pay $2.04M)
Mr. Brent C. Heagy, Chief Financial Officer
Mr. Bernard Perron, Sr. VP of Projects & Operations Services
Mr. Jeffrey D. Marchant, Sr. VP of Transportation
Mr. James J. Madro, Sr. VP of Petrochemicals
Mr. Richard Sawyer, VP of EH&S and Technical Services
Mr. Jeremy Allan Roberge, VP of Fin. & Investor Relations
Breanne Oliver, Director of Corp. Communications
Mr. Stephen Fukuda C.F.A., Director of Investor Relations & Corp. Communications
Mr. Spilios H. Kousinioris, VP of Corp. Devel.

Who are some of Inter Pipeline's key competitors?

Some companies that are related to Inter Pipeline include AltaGas (ALA), Keyera (KEY), Macro Enterprises (MCR), Fulcrum Utility Services (FCRM), Inter Pipeline (IPPLF) and Leigh Creek Energy (LCK).
View all of IPL's competitors.

What other stocks do shareholders of Inter Pipeline own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Inter Pipeline investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Enbridge (ENB), The Toronto-Dominion Bank (TD), Vermilion Energy (VET), AbbVie (ABBV), The Bank of Nova Scotia (BNS) and Pembina Pipeline (PPL).

What is Inter Pipeline's stock symbol?

Inter Pipeline trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IPL."

How do I buy shares of Inter Pipeline?

Shares of IPL and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Inter Pipeline's stock price today?

One share of IPL stock can currently be purchased for approximately C$20.39.

How much money does Inter Pipeline make?

Inter Pipeline has a market capitalization of C$8.75 billion and generates C$2.49 billion in revenue each year.

How many employees does Inter Pipeline have?

Inter Pipeline employs 1,656 workers across the globe.

What is Inter Pipeline's official website?

The official website for Inter Pipeline is www.interpipeline.com.

Where are Inter Pipeline's headquarters?

Inter Pipeline is headquartered at 3200-215 2 St SW, CALGARY, AB T2P 1M4, Canada.

How can I contact Inter Pipeline?

Inter Pipeline's mailing address is 3200-215 2 St SW, CALGARY, AB T2P 1M4, Canada. The company can be reached via phone at +1-403-2906000.

This page was last updated on 6/20/2021 by MarketBeat.com Staff

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