Inter Pipeline (IPL.TO) Stock Price

Inter Pipeline Price

Delisted·Nov 1, 2021
19.12CAD
Last traded price

Over the last 19 years Inter Pipeline grew revenue by 18.7% annually, reaching 2.40 B CAD. Earnings per share have grown at 22.0% per year over the last 19 years. For Inter Pipeline, the net margin of 15.0% is down versus 24.6% a few years ago. At today's price the dividend yield works out to roughly 4.12%. The payout ratio is around 94% of earnings. The dividend has grown at 0.8% per year over the past 19 years.

Inter Pipeline stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Inter Pipeline over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Inter Pipeline stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Inter Pipeline's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Inter Pipeline Stock Price History
DateInter Pipeline Price
Access this data via the Eulerpool API

Inter Pipeline Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
2.59 B CAD
971.10 M CAD
592.50 M CAD
Jan 1, 2019
2.54 B CAD
690.40 M CAD
539.00 M CAD
Jan 1, 2020
2.40 B CAD
602.60 M CAD
359.00 M CAD
Jan 1, 2021 (e)
2.41 B CAD
0.00 CAD
386.28 M CAD
Jan 1, 2022 (e)
2.81 B CAD
0.00 CAD
489.29 M CAD
Jan 1, 2023 (e)
2.99 B CAD
0.00 CAD
546.20 M CAD
Jan 1, 2024 (e)
3.27 B CAD
0.00 CAD
618.03 M CAD
Jan 1, 2025 (e)
3.61 B CAD
0.00 CAD
706.29 M CAD

Inter Pipeline Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 6:11 PM
 
REVENUEB CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CAD
EBITM CAD
EBIT MARGIN%
NET INCOMEM CAD
NET INCOME GROWTH%
DIV.CAD
DIV. GROWTH%
SHARESM
201020112012201320142015201620172018201920202021e2022e2023e2024e2025e
1.001.151.191.361.561.681.822.262.592.542.402.412.812.993.273.61
7.9015.453.1314.7414.247.718.8323.9014.69-2.20-5.330.4616.726.369.3210.45
42.5351.0969.5068.2164.8574.1171.1166.1963.4356.6156.7956.7956.7956.7956.7956.79
0.420.590.830.931.011.241.301.501.641.441.361.371.601.701.862.05
283.00423.00452.00141.00552.00794.00778.00887.00971.00690.00602.00
28.3936.7538.0810.3535.4847.3742.6539.2537.4627.2225.08
234.00247.00307.00-58.00334.00427.00449.00526.00592.00539.00359.00386.00489.00546.00618.00706.00
49.045.5624.29-118.89-675.8627.845.1517.1512.55-8.95-33.407.5226.6811.6613.1914.24
0.79
-100.00
429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20429.20
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Inter Pipeline generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Inter Pipeline retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Inter Pipeline's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Inter Pipeline has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Inter Pipeline's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Inter Pipeline stock margins

The Inter Pipeline margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Inter Pipeline. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Inter Pipeline.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
71.11 %
42.68 %
24.65 %
Jan 1, 2017
66.20 %
39.25 %
23.30 %
Jan 1, 2018
63.41 %
37.45 %
22.85 %
Jan 1, 2019
56.60 %
27.23 %
21.26 %
Jan 1, 2020
56.79 %
25.10 %
14.96 %
Jan 1, 2021 (e)
56.79 %
0.00 %
16.02 %
Jan 1, 2022 (e)
56.79 %
0.00 %
17.38 %
Jan 1, 2023 (e)
56.79 %
0.00 %
18.25 %

Inter Pipeline Stock Revenue, EBIT, Earnings per Share

The Inter Pipeline earnings per share therefore indicates how much revenue Inter Pipeline has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
4.25 CAD
1.81 CAD
1.05 CAD
Jan 1, 2017
5.27 CAD
2.07 CAD
1.23 CAD
Jan 1, 2018
6.04 CAD
2.26 CAD
1.38 CAD
Jan 1, 2019
5.91 CAD
1.61 CAD
1.26 CAD
Jan 1, 2020
5.59 CAD
1.40 CAD
0.84 CAD
Jan 1, 2021 (e)
5.62 CAD
0.00 CAD
0.90 CAD
Jan 1, 2022 (e)
6.56 CAD
0.00 CAD
1.14 CAD
Jan 1, 2023 (e)
6.97 CAD
0.00 CAD
1.27 CAD

Inter Pipeline business model & stock analysis

Inter Pipeline Ltd was founded in 1997 and is based in Calgary, Alberta, Canada. The company is involved in the transportation and storage of energy products and is one of the leading companies in this field. Inter Pipeline operates pipeline systems in Western Canada and Europe, as well as tank farms and processing facilities, and provides commercial transportation of oil and gas products. Inter Pipeline's business model is focused on long-term contracts with customers and strategic partnerships. These contracts guarantee stable revenue streams, and the partnerships allow for the realization of larger-scale projects. Inter Pipeline is divided into four divisions: oil pipelines, NGL pipelines, tank farms, and processing. Each division has its own products and services. The oil pipelines division transports crude oil from production sites to refineries and export-oriented ships. Inter Pipeline operates a pipeline system in Western Canada with a total length of approximately 3,900 km. These pipeline systems are aimed at long-term contracts with customers, ensuring continuous revenue streams. The NGL pipelines division transports liquid natural gas and liquified petroleum gas from production sites to processing units and chemical plants. Inter Pipeline operates an NGL pipeline system from Fort McMurray, Alberta, to Edmonton, Alberta, and from Edmonton to Fort Saskatchewan, Alberta. The tank farms division offers storage facilities for oil products and NGLs. Inter Pipeline's tank farms have a total capacity of over 37 million barrels. The processing division consists of Inter Pipeline's processing facilities in Canada and Europe. The two main facilities in Canada are located in Fort McMurray and Corridor. The processing process transforms crude oil and natural gas into refined products such as gasoline, diesel, heating oil, and petrochemicals. Inter Pipeline offers a wide range of products and services tailored to the needs of customers and partners. These products include crude oil, NGLs, liquified petroleum gas, gasoline, diesel, and heating oil. Inter Pipeline's services include the storage and transportation of energy products, as well as the processing of crude oil and natural gas. Inter Pipeline has a strong presence in Canada and Europe, where the company focuses on expanding its existing infrastructure. Expansion into new geographical regions and products is currently not planned. Overall, Inter Pipeline is a leading company in the field of energy product transportation and storage. Through long-term contracts and strategic partnerships, the company can generate stable revenue streams. With a wide range of products and services, Inter Pipeline is well positioned to meet the needs of customers and partners.

Inter Pipeline SWOT Analysis

Strengths

Inter Pipeline Ltd has a strong market presence and established reputation in the energy sector. The company has a diverse portfolio of assets, including pipelines, storage facilities, and processing plants, which provide a competitive advantage. Additionally, Inter Pipeline Ltd has a strong financial position and a history of consistent revenue and profit growth.

Weaknesses

One weakness of Inter Pipeline Ltd is its reliance on the energy industry, which is subject to market volatility and regulatory challenges. The company's dependence on long-term contracts for revenue generation poses a risk if these contracts are not renewed or if market conditions change. Moreover, the company may face challenges related to environmental sustainability and transitioning to renewable energy sources.

Opportunities

Inter Pipeline Ltd has opportunities to expand its operations and diversify its business. The company can explore strategic partnerships and acquisitions to enter new markets or enhance its existing capabilities. Additionally, the growing demand for renewable energy presents an opportunity for Inter Pipeline Ltd to invest in renewable energy infrastructure and capitalize on the transition towards cleaner energy sources.

Threats

Inter Pipeline Ltd faces threats from various sources, including fluctuations in commodity prices and geopolitical risks. The company operates in a highly competitive industry where technological advancements and changing consumer preferences can disrupt traditional business models. Moreover, regulatory changes and government policies aimed at reducing greenhouse gas emissions pose challenges for Inter Pipeline Ltd's operations.

Inter Pipeline Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Inter Pipeline historical P/E ratio, EBIT multiple, and P/S ratio

Inter Pipeline annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Inter Pipeline shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
429.20 M Stocks
Jan 1, 2017
429.20 M Stocks
Jan 1, 2018
429.20 M Stocks
Jan 1, 2019
429.20 M Stocks
Jan 1, 2020
429.20 M Stocks
Jan 1, 2021 (e)
429.20 M Stocks
Jan 1, 2022 (e)
429.20 M Stocks
Jan 1, 2023 (e)
429.20 M Stocks

Inter Pipeline stock splits

In Inter Pipeline's history, there have been no stock splits.

Inter Pipeline Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20210.32CAD 59.4%
20200.79CAD 53.9%12×
20191.71CAD 1.5%12×
20181.69CAD 3.4%12×
20171.63CAD 3.8%12×
20161.57CAD 5.7%12×
20151.49CAD 12.5%12×
20141.32CAD 12.1%12×
20131.18CAD 11.6%12×
20121.06CAD 9.0%12×

Inter Pipeline dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2016
149.84 %
Jan 1, 2017
132.83 %
Jan 1, 2018
122.06 %
Jan 1, 2019
136.17 %
Jan 1, 2020
94.15 %
Jan 1, 2021 (e)
87.50 %
Jan 1, 2022 (e)
0.00 %
Jan 1, 2023 (e)
0.00 %
Price targets and forecasts for Inter Pipeline are not yet available.

Inter Pipeline Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/5/20210.24CAD-550.58 MCAD-2021 Q2
5/6/20210.21CAD-577.04 MCAD-2021 Q1
2/18/20210.19CAD-606.59 MCAD-2020 Q4
11/12/20200.19CAD-563.87 MCAD-2020 Q3
8/6/20200.16CAD-571.89 MCAD-2020 Q2
5/7/20200.22CAD-633.36 MCAD-2020 Q1
2/20/20200.21CAD-634.88 MCAD-2019 Q4
11/7/20190.28CAD-602.91 MCAD-2019 Q3
8/8/20190.31CAD-603.42 MCAD-2019 Q2
5/9/20190.33CAD-610.83 MCAD-2019 Q1

Inter Pipeline shareholder structure

% Name
9.75043%
Brookfield Infrastructure Partners, L.P.
Brookfield Infrastructure Partners, L.P.
2.54632%
Franklin Mutual Advisers, LLC
Franklin Mutual Advisers, LLC
1.36184%
Capital Research Global Investors
Capital Research Global Investors
1.26596%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.86285%
Capital World Investors
Capital World Investors
0.66251%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
...

Inter Pipeline Beneficial Ownership Filings (SEC 13D/G)

Shares Outstanding
-

Frequently asked questions about Inter Pipeline

The business model of Inter Pipeline Ltd is focused on operating and managing energy infrastructure assets. As a leading petroleum transportation and storage company, Inter Pipeline Ltd owns and operates an extensive network of pipelines, storage terminals, and processing facilities in Western Canada and Europe. The company primarily deals with the transportation and storage of oil sands, conventional oil, natural gas liquids, and petrochemical products. With a strong emphasis on technological innovation and sustainable practices, Inter Pipeline Ltd continues to play a vital role in supporting the energy needs of various industries and facilitating the efficient movement of resources globally.

Inter Pipeline Ltd is primarily active in the oil and gas industry.

The main competitors of Inter Pipeline Ltd in the market include Enbridge Inc., Pembina Pipeline Corporation, and TC Energy Corporation.

Inter Pipeline Ltd is a leading energy infrastructure company based in Canada. Founded in 1997, Inter Pipeline is engaged in the transportation, storage, and processing of petroleum and natural gas products. With a strong track record of growth and innovation, the company operates a diversified portfolio of assets including pipelines, natural gas liquids extraction facilities, and storage terminals. Inter Pipeline has built a reputation for providing reliable and efficient services to the energy industry. It has a strategic presence in key regions and continues to expand its footprint. As a prominent player in the energy sector, Inter Pipeline remains committed to delivering value to its shareholders while contributing to the growth of Canada's energy infrastructure.

Inter Pipeline Ltd has achieved several significant milestones. The company successfully diversified its operations through the acquisition of the Williams NGL business in 2016. Inter Pipeline Ltd also expanded its presence in Europe by acquiring the Polaris pipeline system in 2017. In addition, the company completed the construction of the Heartland Petrochemical Complex, which is set to become the first integrated propane dehydrogenation and polypropylene facility in Canada. Furthermore, Inter Pipeline Ltd received numerous industry awards for its commitment to health, safety, and environmental stewardship. These milestones demonstrate the company's growth, strategic acquisitions, and commitment to innovation in the energy sector.

Inter Pipeline Ltd is primarily present in Canada and Europe. In Canada, the company operates pipelines, storage terminals, and processing facilities in Alberta and Saskatchewan. In Europe, Inter Pipeline Ltd has a presence in the United Kingdom, where it owns and operates the largest independent petroleum and petrochemical storage facility in Scotland. With its strategic locations in these countries and regions, Inter Pipeline Ltd caters to the energy needs of businesses and consumers while ensuring efficient transportation and storage services for petroleum and petrochemical products.

Inter Pipeline Ltd represents essential values and a strong corporate philosophy. The company emphasizes integrity, professionalism, and collaboration in its daily operations. Inter Pipeline is committed to providing exceptional customer service, maintaining strong relationships with stakeholders, and delivering reliable energy infrastructure solutions. With a focus on innovation and sustainability, Inter Pipeline strives to optimize its operations while minimizing its environmental footprint. By prioritizing safety and security, the company ensures the well-being of its employees, contractors, and communities. Inter Pipeline's commitment to fiscal responsibility and accountability also demonstrates its dedication to long-term growth and success.

Converted at the current exchange rate, the Inter Pipeline share trades at 11.80 EUR (19.12 CAD).

The Inter Pipeline share (IPL.TO) is listed on 1 stock exchanges, including: Toronto (IPL.TO).

Inter Pipeline Ltd is a Canadian company that operates in the field of energy product transportation and processing. It has various branches in North America and Europe and is listed on the Toronto Stock Exchange and the New York Stock Exchange. Inter Pipeline Ltd consists of four different business segments: oil pipelines, natural gas and NGL pipelines, petrochemicals, and oil sands transportation. The company aims to provide secure and reliable transportation options for energy products and is committed to sustainable and environmentally friendly business practices. It plans to expand its market presence in both North America and Europe through investments in existing infrastructure and new business areas.

The revenue cannot currently be calculated for Inter Pipeline.

The profit cannot currently be calculated for Inter Pipeline.

The P/E ratio cannot be calculated for Inter Pipeline at the moment.

The P/S cannot be calculated for Inter Pipeline currently.

The Eulerpool Quality Score for Inter Pipeline is 2/10.

The ISIN of Inter Pipeline is CA45833V1094. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Inter Pipeline is A1W4ZN. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Inter Pipeline is IPL.TO. The ticker symbol is used to trade Inter Pipeline shares on the stock exchange.

Over the past 12 months, Inter Pipeline paid a dividend of 0.79 CAD . This corresponds to a dividend yield of about 4.12 %. For the coming 12 months, Inter Pipeline is expected to pay a dividend of 0.00 CAD.

The current dividend yield of Inter Pipeline is 4.12 %.

Inter Pipeline pays a dividend, distributed in the months of , , , .

Inter Pipeline paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.00 CAD are expected. This corresponds to a dividend yield of 0.00 %.

Inter Pipeline is assigned to the 'Energy' sector.

To receive the latest dividend of Inter Pipeline from amounting to 0.04 CAD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Inter Pipeline distributed 0 CAD as dividends.

The dividends of Inter Pipeline are distributed in CAD.

All fundamentals and in-depth analysis of Inter Pipeline

Our stock analysis for Inter Pipeline stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Inter Pipeline. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.