Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Pembina Pipeline Corporation to Acquire KML

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Exchange ratio of .3068 Pembina shares for each share of KML common equity;  

Consideration represents a 38 percent premium to KML’s closing price on August 20, 2019

CALGARY, Aug. 21, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that it has reached an agreement with Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (Pembina) under which Pembina has agreed to acquire all of the outstanding common equity of KML (including the 70 percent majority voting interest held by Kinder Morgan Inc. (NYSE:  KMI)), subject to the terms of the arrangement agreement between KML and Pembina.  … Continue Reading

Pembina Pipeline Corporation to Acquire Kinder Morgan Canada and the Cochin Pipeline for $4.35 Billion and Increase Dividend

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All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”) and adjusted cash flow from operating activities per share (“adjusted cash flow per share”), which are financial measures that are not defined by Generally Accepted Accounting Principles (“GAAP”). For more information about these metrics, see “Non-GAAP Measures” herein.

CALGARY, Aug. 21, 2019 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) is pleased to announce that it has entered into agreements pursuant to which it will acquire Kinder … Continue Reading