Pembina Pipeline (PPL) has notable insider buying

Pembina Pipeline (T:PPL)

Jaret Sprott, a Senior Officer, acquired 1,375 Common Shares on an indirect ownership basis for registered holder RBC Direct Investing at a price of $40.820 through the public market on August 23rd, 2023. This represents a $56,128 investment into the company's shares and an account share holdings change of 7.3%.

Pembina Pipeline Corp (Pembina) is a Canada-based energy transportation and midstream service provider. Pembina owns an integrated network of hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and a growing export terminals business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment includes conventional, oil sands and transmission pipeline systems, crude oil storage and terminalling business and related infrastructure serving various markets and basins across North America. The Facilities Division includes infrastructure that provides Pembina's customers with natural gas, condensate and Natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities including buying and selling products and optimizing storage opportunities.