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    IPL   CA45833V1094

INTER PIPELINE LTD.

(IPL)
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Inter Pipeline : to get $325 mln under Alberta Petrochemicals Incentive Program

04/05/2021 | 07:42am EDT

April 5 (Reuters) - Inter Pipeline Ltd said on Monday it would receive C$408 million ($325.15 million) under the Alberta Petrochemicals Incentive Program for the company's Heartland Petrochemical Complex in the province.

APIP is an incentive program introduced by the Government of Alberta to attract investment into the development of petrochemical facilities in Alberta.

($1 = 1.2548 Canadian dollars) (Reporting by Arathy S Nair in Bengaluru;)


ę Reuters 2021
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More news
Financials
Sales 2021 2 299 M 1 823 M 1 823 M
Net income 2021 362 M 287 M 287 M
Net Debt 2021 6 860 M 5 440 M 5 440 M
P/E ratio 2021 20,3x
Yield 2021 2,68%
Capitalization 7 687 M 6 112 M 6 096 M
EV / Sales 2021 6,33x
EV / Sales 2022 4,95x
Nbr of Employees 1 656
Free-Float 99,8%
Chart INTER PIPELINE LTD.
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Inter Pipeline Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends INTER PIPELINE LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 17,93 CAD
Last Close Price 17,91 CAD
Spread / Highest target 14,5%
Spread / Average Target 0,09%
Spread / Lowest Target -16,2%
EPS Revisions
Managers and Directors
NameTitle
Christian P. Bayle President, Chief Executive Officer & Director
Brent Cameron Heagy Chief Financial Officer
Margaret A. McKenzie Chairman
Richard Sawyer Vice President-EH&S & Technical Services
Duane E. Keinick Independent Director
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