Brookfield Infrastructure Partners LP (BIP)
| Market Cap | 16.43B |
| Revenue (ttm) | 8.89B |
| Net Income (ttm) | 141.00M |
| Shares Out | 295.54M |
| EPS (ttm) | 1.40 |
| PE Ratio | 39.51 |
| Forward PE | n/a |
| Dividend | $1.99 (3.60%) |
| Ex-Dividend Date | Aug 30, 2021 |
| Volume | 294,936 |
| Open | 55.77 |
| Previous Close | 55.85 |
| Day's Range | 54.54 - 55.67 |
| 52-Week Range | 41.11 - 58.58 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 54.13 (-2.0%) |
| Est. Earnings Date | Nov 9, 2021 |
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 Utilities segment operates approximately 4,200 kilometers (km) of natural gas pipelines; 2,000 km of electricity transmission lines; and 6.9 million electricity and natural gas connections, as well as 1.5 million installed smart meters; and 330,000 long-term contracted sub-metering services. This segment also offers centralized heating and cooling systems; centralized gas di...
Financial Performance
In 2020, BIP's revenue was $8.89 billion, an increase of 34.68% compared to the previous year's $6.60 billion. Earnings were $394.00 million, an increase of 69.10%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is 54.13, which is a decrease of -1.99% from the latest price.
News
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Brookfield Infrastructure and Inter Pipeline Announce Subsequent Acquisition Transaction and Completion of Offer
BROOKFIELD, NEWS, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”...
Brookfield Infrastructure Announces Intention to Redeem its Series 5 Preferred Units
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES
Brookfield Infrastructure Announces Acquisition of Approximately 18.4 Million Additional Inter Pipeline Ltd. Common S...
BROOKFIELD, NEWS, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
Brookfield Infrastructure and Inter Pipeline Ltd. Provide Update on Strategic Transaction
BROOKFIELD, NEWS, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
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Brookfield Infrastructure Announces Successful Tender and Take-up of 65.6% of Inter Pipeline Ltd. Common Shares
BROOKFIELD, NEWS, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
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Brookfield Infrastructure Reminds Inter Pipeline Shareholders to Tender Before Offer Expiry at 5 p.m. Mountain Time o...
BROOKFIELD, NEWS, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
Brookfield Infrastructure Reminds Inter Pipeline Shareholders to Tender to the Board Recommended Offer – Offer Open U...
BROOKFIELD, News, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
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Brookfield Infrastructure Extends Offer to Purchase Inter Pipeline Ltd. – Revised Offer Open Until August 20th at 5 p.m.
BROOKFIELD, NEWS, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
Brookfield Infrastructure Reports Second Quarter 2021 Results
BROOKFIELD, NEWS, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced its results for the second quarter ended June 30, 2021.
Brookfield Infrastructure Encourages Inter Pipeline Shareholders to Tender to the IPL Board Recommended Offer Before ...
BROOKFIELD, News, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
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Brookfield Infrastructure Offer to Purchase Inter Pipeline Recommended for Acceptance by IPL Board of Directors – Ten...
BROOKFIELD, NEWS, July 28, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
Brookfield Infrastructure Partners Submits Written Consent to the TSX as Evidence of Brookfield Infrastructure Corpor...
BROOKFIELD NEWS, July 26, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastru...
Brookfield Infrastructure has Clear Path to Acquire Inter Pipeline Ltd. – Tender Deadline of 5pm (Mountain Time) on A...
BROOKFIELD, NEWS, July 26, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
Brookfield Infrastructure Wins Its Takeover Battle for Inter Pipeline
The global infrastructure giant's latest offer sealed the deal.
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Leading Independent Proxy Advisor, Glass Lewis, Recommends Inter Pipeline Shareholders Vote AGAINST the Pembina Trans...
BROOKFIELD, NEWS, July 23, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...
Brookfield Infrastructure Agrees with ISS' Recommendation to Vote AGAINST the Pembina Transaction and Files Revised O...
BROOKFIELD, NEWS, July 19, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”)...