IPL:CA:TSX-Inter Pipeline Ltd (CAD)

COMMON STOCK | Oil & Gas Midstream | TSX

Last Closing Price

CAD 18.14

Change

+0.30 (+1.68)%

Market Cap

CAD 7.66B

Volume

2.93M

Average Target Price

CAD 15.97 (-11.97%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; Natural Gas Liquids (NGL) Processing; and Bulk Liquid Storage. The Oil Sands Transportation segment transports petroleum products, such as bitumen blend and diluent through Cold Lake, Corridor, and Polaris pipeline systems covering approximately 3,300 kilometers of pipeline and 3.8 million barrels of storage capacity. This segment also offers related blending and handling services. The Conventional Oil Pipelines segment is involved in the transportation of petroleum products, including crude oil through Bow River, Central Alberta, and Mid-Saskatchewan pipeline systems covering approximately 3,900 kilometers of pipeline and 1,375,000 barrels of storage capacity; and related blending, handling, and marketing activities. The NGL Processing segment processes pipeline natural gas to remove NGL, including ethane, propane, butane, and pentanes-plus; and fractionates NGL stream to produce ethane products and propane plus. These NGLs are used as energy products; and as a feedstock for the petrochemical and crude oil refining industries. The Bulk Liquid Storage segment stores and handles bulk liquid products. This segment operates 23 bulk liquid storage terminals and approximately 37 million barrels of storage capacity. Inter Pipeline Ltd. was founded in 1997 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-04 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ENB-PY:CA Enbridge Inc

+0.07 (+0.44%)

CAD107.11B 10.83 N/A
ENB-PP:CA Enbridge Inc

+0.06 (+0.35%)

CAD101.82B 11.50 N/A
ENB:CA Enbridge Inc

+0.13 (+0.29%)

CAD90.05B 30.10 15.01
TRP-PA:CA TC Energy Corporation

+0.02 (+0.12%)

CAD74.82B 3.99 N/A
TRP-PB:CA TC Energy Corporation

N/A

CAD69.34B 2.99 N/A
TRP-PC:CA TC Energy Corporation

+0.01 (+0.08%)

CAD67.69B 3.15 N/A
TRP:CA TC Energy Corporation

+0.41 (+0.74%)

CAD55.13B 11.75 10.38
PPL:CA Pembina Pipeline Corporation

+0.65 (+1.90%)

CAD18.09B 20.05 46.41
KEY:CA Keyera Corp

+0.59 (+2.34%)

CAD5.57B 90.00 18.20
GEI:CA Gibson Energy Inc

+0.12 (+0.54%)

CAD3.21B 26.88 12.04

ETFs Containing IPL:CA

Symbol Name Weight Mer Price(Change) Market Cap
HOG:CA Horizons Pipelines & .. 0.00 % 0.55 %

+0.12 (+1.52%)

CAD0.02B
ZEO:CA BMO Equal Weight Oil &.. 0.00 % 0.55 %

+0.79 (+2.23%)

CAD0.11B
PINC:CA Purpose Multi-Asset Incom.. 0.00 % 0.99 %

-0.08 (-0.40%)

CAD0.17B

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas Midstream)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 52.82% 100% A+ 95% A
Dividend Return 0.67% 13% F 51% F
Total Return 53.50% 100% A+ 95% A
Trailing 12 Months  
Capital Gain -5.82% 50% F 17% F
Dividend Return 2.82% 17% F 59% F
Total Return -3.00% 50% F 18% F
Trailing 5 Years  
Capital Gain -28.72% 43% F 18% F
Dividend Return 27.02% 71% C- 83% B
Total Return -1.70% 43% F 24% F
Average Annual (5 Year Horizon)  
Capital Gain -15.41% 8% F 8% F
Dividend Return 5.98% 92% A- 94% A
Total Return -9.44% 17% F 11% F
Risk Return Profile  
Volatility (Standard Deviation) 19.49% 17% F 39% F
Risk Adjusted Return -48.41% 33% F 13% F
Market Capitalization 7.66B 33% F 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas Midstream)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.24 42% F 31% F
Price/Book Ratio 1.82 57% F 48% F
Price / Cash Flow Ratio 10.76 17% F 29% F
EV/EBITDA 14.44 71% C- 41% F
Management Effectiveness  
Return on Equity 8.65% 58% F 69% D+
Return on Invested Capital 4.50% 25% F 56% F
Return on Assets 3.06% 17% F 66% D
Debt to Equity Ratio 122.52% 58% F 20% F
Technical Ratios  
Short Ratio 8.84 33% F 8% F
Short Percent N/A N/A N/A N/A N/A
Beta 2.20 17% F 10% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector