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Enbridge Inc. (ENB $61.88)
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Pembina Pipeline Corporation (PPL $51.10)
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Inter Pipeline Ltd. (IPL $19.12)
Q: Hi Peter and Gang,
IPL is currently trading at a much lower P/E ratio (18X, 6.3% dividend yield) than PPL (35X, 4.8%) and ENB (50x, 4.9%). Would you please comment on what may have contributed to this.
Cheers,
Harry
IPL is currently trading at a much lower P/E ratio (18X, 6.3% dividend yield) than PPL (35X, 4.8%) and ENB (50x, 4.9%). Would you please comment on what may have contributed to this.
Cheers,
Harry