Plains All American Pipeline LP - Unit

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Debt Financing / Related, Earnings Announcements, Mergers / Acquisitions

Inter Pipeline To Acquire Milk River Pipeline System In Exchange For Empress II And V Straddle Plants

Published: 09/28/2020 12:18 GMT
Plains All American Pipeline LP (PAA) - Inter Pipeline to Acquire Milk River Pipeline System in Exchange for Empress Ii and V Straddle Plants.
Inter Pipeline Ltd - Plains Will Also Pay Inter Pipeline Cash Proceeds of $35 Million.
Inter Pipeline Ltd - Agreed to Acquire Milk River Pipeline System From Plains Midstream Canada Ulc.
Inter Pipeline - Deal Expected to Be Accretive to FFO & Provide Meaningful Operational, Commercial Synergies With Existing Oil Transportation Business.
Inter Pipeline - to Acquire Pipeline System in Exchange for 100% Ownership Interest in Empress Ii, 50% Ownership Interest in Empress V Straddle Plants.
Revenue is expected to be $5.25 Billion
Adjusted EPS is expected to be $0.33

Next Quarter Revenue Guidance is expected to be $5.61 Billion
Next Quarter EPS Guidance is expected to be $0.36

More details on our Analysts Page.