Brookfield Infrastructure Partners L.P. (BIP)
Market Cap | 14.66B |
Revenue (ttm) | 20.57B |
Net Income (ttm) | -153.00M |
Shares Out | 467.57M |
EPS (ttm) | -0.33 |
PE Ratio | n/a |
Forward PE | 61.79 |
Dividend | $1.62 (5.17%) |
Ex-Dividend Date | Nov 29, 2024 |
Volume | 745,206 |
Open | 30.60 |
Previous Close | 31.00 |
Day's Range | 30.52 - 31.55 |
52-Week Range | 24.84 - 36.50 |
Beta | 1.05 |
Analysts | Strong Buy |
Price Target | 37.50 (+19.58%) |
Earnings Date | Jan 30, 2025 |
About BIP
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company’s Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services. This segment also offers heating, cooling, and energy solutions; gas distribution; water heaters; and heating, ventilation, and air co... [Read more]
Financial Performance
In 2023, BIP's revenue was $17.93 billion, an increase of 24.29% compared to the previous year's $14.43 billion. Earnings were $87.00 million, a change of 0.00%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for BIP stock is "Strong Buy." The 12-month stock price forecast is $37.5, which is an increase of 19.58% from the latest price.
News
Brookfield Infrastructure Announces Closing Date of Reorganization
BROOKFIELD, News, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: BIPC) today ...
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BIP Investment Corporation Announces Results of Special Meeting and Intention to Redeem Series 1 Preferred Shares
BROOKFIELD, NEWS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”...
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Brookfield Infrastructure Completes 30-Year Subordinated Note Offering
All amounts in U.S. dollars BROOKFIELD, News, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (“Brookfield Infrastructure”) today announced the closi...
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BROOKFIELD, News, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that the Toronto Stock Exchange (the “TSX”) accepted a noti...
BIP Investment Corporation Announces Adjournment of Special Meeting
BROOKFIELD, News, Nov. 27, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”...
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Brookfield Infrastructure Partners L.P. Limited Partnership Units (BIP) Q3 2024 Earnings Call Transcript
Brookfield Infrastructure Partners L.P. Limited Partnership Units (NYSE:BIP) Q3 2024 Earnings Call Transcript November 6, 2024 9:00 AM ET Company Participants Sam Pollock - Chief Executive Officer of...
Brookfield Infrastructure Achieves Capital Recycling Target and Announces Third Quarter 2024 Results
BROOKFIELD, News, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results fo...
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BIP Investment Corporation Announces Preferred Shareholder Meeting for Early Redemption of Preferred Shares
BROOKFIELD, NEWS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BIP Investment Corporation (“BIPIC”) (TSX: BIK.PR.A), an indirect subsidiary of Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”...
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