Inter Pipeline Ltd.
IPL
Rank in Stocks
#3068
Inter Pipeline Ltd. functions as a vital infrastructure company across Canada... Inter Pipeline Ltd. functions as a vital infrastructure company across Canada and Europe, primarily engaged in the movement and warehousing of petroleum, in addition to processing natural gas liquids. The enterprise is structured around four primary operational units: Oil Sands Transportation, Conventional Oil Pipelines, Natural Gas Liquids (NGL) Processing, and Bulk Liquid Storage. The Oil Sands Transportation division manages the pipeline networks, including the Cold Lake, Corridor, and Polaris systems, for conveying bitumen blend and diluent. This segment features approximately 3,300 kilometers of pipeline and a substantial 3.8 million barrels of storage capacity, along with offering blending and handling services. Conversely, the Conventional Oil Pipelines division specializes in transporting crude oil via its Bow River, Central Alberta, and Mid-Saskatchewan pipeline systems, covering around 3,900 kilometers and providing 1,375,000 barrels of storage, supplemented by blending, handling, and marketing activities. Within the NGL Processing segment, the company extracts natural gas liquids like ethane, propane, butane, and pentanes-plus from natural gas streams, subsequently fractionating them. These refined NGLs are critical as energy products and serve as essential raw materials for both the petrochemical and crude oil refining sectors. Lastly, the Bulk Liquid Storage division oversees the storage and management of various bulk liquid commodities, operating 23 terminals with an impressive total capacity of approximately 37 million barrels. Inter Pipeline Ltd. was established in 1997 and is headquartered in Calgary, Canada.
Share Price
$13.60
Last synced: 2021-11-01
Market Cap
$5.84B
Change (1 day)
-10.56%
Change (1 year)
0.00%
Country
CA
Trade Inter Pipeline Ltd. (IPL)
Category
Energy
P/E ratio for Inter Pipeline Ltd. (IPL)
P/E ratio as of October 2026 TTM: 22.76
According to Inter Pipeline Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.76. At the end of 2019 the company had a P/E ratio of 17.25.
P/E ratio history for Inter Pipeline Ltd. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 22.76 | 61.09% |
| 2020 | 14.13 | -18.04% |
| 2019 | 17.25 | 36.10% |
| 2018 | 12.67 | -31.39% |
| 2017 | 18.47 | -18.40% |
| 2016 | 22.63 | 30.17% |
| 2015 | 17.39 | -49.41% |
| 2014 | 34.37 | -127.03% |
| 2013 | -127.13 | -715.68% |
| 2012 | 20.65 | 5.72% |
| 2011 | 19.53 | 19.64% |
| 2010 | 16.33 | 0.03% |
| 2009 | 16.32 | 160.37% |
| 2008 | 6.27 | -125.99% |
| 2007 | -24.12 | -273.41% |
| 2006 | 13.91 | -32.19% |
| 2005 | 20.51 | 3.00% |
| 2004 | 19.91 | -66.64% |
| 2003 | 59.69 | 171.77% |
| 2002 | 21.96 | -64.30% |
| 2001 | 61.52 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 22.48 | -1.25% |
CA
|
|
| 27.96 | 22.82% |
US
|
|
| 12.70 | -44.18% |
US
|
|
| 20.30 | -10.80% |
US
|
|
| 12.57 | -44.76% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.