CALGARY, May 13, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today the voting results from its annual meeting of shareholders (the “Meeting”) held May 9, 2019 in Calgary, Alberta. Shareholders were asked to vote on a number of proposals as described in detail in Inter Pipeline’s Management Information Circular dated March 18, 2019.

A total of 173,835,610 common shares representing 42.59% of Inter Pipeline’s issued and outstanding shares were voted in person or by proxy in connection with the Meeting.

Election of Directors
Inter Pipeline is pleased to announce that all board nominees … Continue Reading

CALGARY, May 9, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for May 2019. This dividend will be paid on or about June 14, 2019 to shareholders of record on May 23, 2019. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $5.3 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

CALGARY, May 9, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) today announced financial and operating results for the three-month period ended March 31, 2019.

First Quarter Highlights

Funds from operations (FFO) totalled $212 million

Net income for the quarter was $98 million

Declared cash dividends of $174 million, or $0.43 per share

Quarterly payout ratio* of 82 percent

Total pipeline throughput volume averaged 1,386,600 barrels per day (b/d)

Heartland Petrochemical Complex (HPC) continues to progress on-time and on-budget with the propane propylene splitter and the polypropylene reactor now successfully installed at site

Issued $750

… Continue Reading

CALGARY, April 9, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for April 2019. This dividend will be paid on or about May 15, 2019 to shareholders of record on April 23, 2019. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $5.3 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

CALGARY, March 29, 2019 /CNW/ – Inter Pipeline Ltd. (TSX: IPL) will announce its first quarter 2019 financial and operating results on May 9, 2019. A conference call and webcast have been scheduled for May 10 at 9:00 a.m. MT (11:00 a.m. ET) for interested shareholders, analysts and media representatives.

To participate in the conference call, please dial 1 (888) 231-8191. A replay of the conference call will be available until May 17, 2018 by calling 1 (855) 859-2056. The code for the replay is 2556857.

Annual Meeting of Shareholders

Inter Pipeline will hold its Annual … Continue Reading

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CALGARY, March 21, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today that it has priced an offering of $750 million of 6.875% fixed-to-floating rate subordinated notes due March 26, 2079.

The offering is expected to close on March 26, 2019. Inter Pipeline will use the net proceeds of the offering to fund capital projects, repay indebtedness under its revolving credit facility and for other general corporate purposes.

The issue was underwritten by a syndicate co-led by BMO Capital … Continue Reading

CALGARY, March 11, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for March 2019. This dividend will be paid on or about April 15, 2019 to shareholders of record on March 22, 2019. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $5.2 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

CALGARY, Feb. 14, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for February 2019. This dividend will be paid on or about March 15, 2019 to shareholders of record on February 25, 2019. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $5 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

CALGARY, Jan. 25, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) will announce its year end and fourth quarter 2018 financial and operating results on February 14, 2019. A conference call and webcast has been scheduled for February 15, 2019 at 9:00 a.m. MT (11:00 a.m. ET) for interested shareholders, analysts and media representatives.

To participate in the conference call, please dial 1 (888) 231-8191. The conference ID is 7276635. A replay of the conference call will be available until November 16, 2018 by calling 1 (855) 859-2056. The code for the replay is 7276635.… Continue Reading

CALGARY, Jan. 9, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for January 2019. This dividend will be paid on or about February 15, 2019 to shareholders of record on January 22, 2019. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $5.1 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

CALGARY, Dec. 10, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for December 2018. This dividend will be paid on or about January 15, 2019 to shareholders of record on December 21, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $5.0 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

CALGARY, Dec. 3, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today a $1.46 billion capital expenditure program for 2019. Approximately $1.34 billion, or 92 percent, of total capital expenditures will be for organic growth initiatives with the remaining invested in sustaining capital projects.

“Our 2019 capital program will largely be focused on construction activities related to the $3.5 billion Heartland Petrochemical Complex,” stated Christian Bayle, Inter Pipeline’s President and CEO. “This transformational investment is proceeding according to plan with an expected completion date of late 2021. Rounding out our capital program will be … Continue Reading