After completing a $3 billion oil sands pipelines capital program in early 2015, Inter Pipeline is spending less than our estimated free cash flow after dividend payments in 2016. Inter Pipeline has historically been one of the stronger names in terms of efficient capital deployment in the energy infrastructure space, and we expect this to continue. As one of the safest names in our space in terms of its EBITDA (63% from take-or-pay/cost of service agreements in 3Q15), we continue to rank Inter ....
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Inter Pipeline Ltd. (IPL) Announces 2016 Capex of $250 mm
- Published:
22 Dec 2015 -
Author:
Steven I. Paget -
Pages:
5
After completing a $3 billion oil sands pipelines capital program in early 2015, Inter Pipeline is spending less than our estimated free cash flow after dividend payments in 2016. Inter Pipeline has historically been one of the stronger names in terms of efficient capital deployment in the energy infrastructure space, and we expect this to continue. As one of the safest names in our space in terms of its EBITDA (63% from take-or-pay/cost of service agreements in 3Q15), we continue to rank Inter ....