Pembina has already announced their big capital expenditures. And every day we seem to have new projects coming down the pipe to increase capacity at Redwater Fractionation(I'm a project consultant there). I don't even think they've announced Watson Island yet? And it is already being built. Huge Propane sales volume is going to be going out that way and loaded on ships. And of course they have their own PP plant getting built, which is part of the big capital expenditures already announced.This quote is hidden because you are ignoring this member. Show Quote
Personally I have a hard time seeing any major downward correction in their stock, but I do see some good upside.