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Canada in midst of great energy infrastructure super cycle – Financial Post


“Midstream companies and crude-by-rail projects have a symbiotic relationship few would have imagined three years ago”

Pipelines used to be classic widow-and-orphan stocks; dully performing at low risk with regular dividends. They stuck to one product, oil or gas, and extolled the benefit of being singularly focused to their conservative shareholders.

Fast forward to 2013 and companies such as TransCanada Corp. and Enbridge Inc. have transformed themselves into diversified energy giants, moving both oil and gas, and lighting up power plants across North America on the way.

Add the re-emergence of midstream companies such as Keyera and Gibson Energy processing and marketing the commodities to the mix, and there’s a grab bag full of investment possibilities.

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