Could you please provide your opinion on pipeline companies in Canada?

Hey there. Pembina has definitely had a very strong run.

I own TC Energy, and it is a Foundational Stock. However, I do believe that Enbridge and TC are practically interchangeable. TC has had a rough go of things due to its revised guidance and some project issues, primarily Coastal GasLink.

It's really hard to argue with Pembina's operational performance however. If I were to buy one today, it likely would be Pembina. The company's earnings last quarter were very strong, and it ended up raising guidance and the dividend.

It doesn't have the moat or as wide of a network of pipes as TC and Enbridge do. But it's still a very solid company.