Brookfield Infrastructure Partners LP (BIP)
| Market Cap | 18.63B |
| Revenue (ttm) | 12.27B |
| Net Income (ttm) | 473.00M |
| Shares Out | 307.30M |
| EPS (ttm) | 1.77 |
| PE Ratio | 34.22 |
| Forward PE | 87.72 |
| Dividend | $2.10 (3.46%) |
| Ex-Dividend Date | May 27, 2022 |
| Volume | 413,396 |
| Open | 60.55 |
| Previous Close | 60.85 |
| Day's Range | 60.13 - 61.02 |
| 52-Week Range | 52.92 - 69.01 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 71.57 (+18.0%) |
| Earnings Date | May 4, 2022 |
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 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services. This segment also offers heating and cooling soluti...
Financial Performance
In 2021, BIP's revenue was $11.54 billion, an increase of 29.85% compared to the previous year's $8.89 billion. Earnings were $1.09 billion, an increase of 177.41%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is 71.57, which is an increase of 18.04% from the latest price.
News
Brookfield Sees Natural Gas as an Essential Fuel for the Future
The global infrastructure company highlighted the cleaner-burning fossil fuel in its recent letter to investors.
Brookfield Infrastructure Is Benefitting From an Inflation-Driven Boost
The global infrastructure operator has a very positive outlook.
Brookfield Infrastructure Partners Exchange L.P. Announces Three-for-Two Unit Split
BROOKFIELD, NEWS, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners Exchange L.P. (“BIP Exchange LP”), a subsidiary of Brookfield Infrastructure Partners L.P. (“BIP”), today announced ...
Brookfield Infrastructure Reports First Quarter 2022 Results and Three-for-Two Stock Split
BROOKFIELD, News, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for t...
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Brookfield Infrastructure to Issue $600 Million of Medium-Term Notes
All amounts in Canadian dollars unless otherwise stated
This Safety Stock Will Rise Thanks to Reliable Cash Flows
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Brookfield Infrastructure Partners to Host First Quarter 2022 Results Conference Call
Wednesday, May 4, 2022 at 9:00 a.m. (ET) Wednesday, May 4, 2022 at 9:00 a.m. (ET)
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Brookfield Infrastructure Completes Annual Filings
BROOKFIELD, NEWS, March 09, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that it has filed its 2021 annual report on Form 20-F (the “Annual Report”), inclu...
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Brookfield Infrastructure Announces Intention to Redeem its Series 7 Preferred Units
BROOKFIELD, News, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A P...
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Inflation Is Giving This Dividend Growth Stock a Boost
Inflation is one of many growth drivers for the company's dividend.
Brookfield Infrastructure Reports 2021 Year-End Results
2022 distributions increased by 6% - 13th consecutive annual increase 2022 distributions increased by 6% - 13th consecutive annual increase
Brookfield Infrastructure Completes Offering of $300 Million of Perpetual Subordinated Notes
All amounts in U.S. dollars
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