Thoughts on PPL please

I still like the pipeline. I removed it from the Bull List in late 2024 after its runup as I thought the company had gotten a bit pricey. It has slid in price since then and is kind of on a year long downturn here.

I view it as one of the better pipelines of the 3, however the valuation gap between the three has now closed and I'd say it's more appropriately valued.

I wouldn't go chasing returns here and swapping from pipe to pipe. Pembina had its day from 2021-2024, and is now just kind of consolidating. It's still a high quality company.