Brookfield Infrastructure Pa trades in the stock market as ticker BIP. Business Summary & Profile For Brookfield Infrastructure Pa.

Brookfield Infrastructure Pa

Brookfield Infrastructure Partners L.P. operates in utilities, transport and energy, and timber sectors. The company operates a port facility, which exports metallurgical and thermal coal mined in the Bowen Basin region of Queensland, Australia; approximately 8,200 kilometers (KM) of transmission lines in Chile; and approximately 550 km of 44 kV to 230 kV transmission lines in the province of Ontario, Canada, as well as involves in the distribution of electricity and natural gas to approximately 420,000 connections in New Zealand, and 435,000 connections in the United Kingdom. It also operates approximately 15,500 KM of natural gas pipelines in the United States; approximately 5,100 KM of track and related infrastructure in southwestern Australia; Teesport and Hartlepool in the United Kingdom; a portfolio of port concessions in Europe and China; and a network of 730 KM gas distribution lines in Australia, as well as involves in the natural gas retail business and the distribution of liquid petroleum gas and natural gas in the Channel Islands and Isle of Man. In addition, the company owns approximately 419,000 acres of freehold timberlands in British Columbia, Canada, and the Pacific northwest region of the United States. Brookfield Infrastructure Partners Limited serves as a general partner of Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. founded in 2007 and is based in Hamilton, Bermuda.
www.brookfieldinfrastructure.com
Founded in 2007
LAST $29.57 USD
CHANGE TODAY +0.04 0.14%
VOLUME 203.8K
As of 3:28 PM 02/17/12 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of BROOKFIELD INFRASTRUCTURE PA (BIP)

OPEN
$29.58
PREVIOUS CLOSE
$29.53
DAY HIGH
$29.70
DAY LOW
$29.50
52 WEEK HIGH
02/17/12 - $29.70
52 WEEK LOW
03/15/11 - $21.32
MARKET CAP
5.5B
AVERAGE VOLUME 10 D
393.7K
EPS TTM
$1.15
SHARES OUTSTANDING
132.3M
EX-DATE
02/27/12
P/E TTM
25.7x
DIVIDEND
$1.50
DIVIDEND YIELD
4.47%
K = Thousands  M = Millions  B = Billions

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Key developments for BROOKFIELD INFRASTRUCTURE PA (BIP)

Brookfield Infrastructure Partners L.P. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2011; Declares Quarterly Distribution, Payable on March 30, 2012

Brookfield Infrastructure Partners L.P. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported revenues of $404 million against $216 million a year ago. Investment income was $5 million against $5 million a year ago. Income before income tax was $221 million against $405 million a year ago. Net income attributable to partnership was $54 million or $0.30 per unit against $407 million or $3.41 per unit a year ago. Cash from operating activities was $38 million against $51 million a year ago. FFO was $95 million against $0.54 per unit against FFO of $46 million against $0.39 per unit a year ago. The 35% increase in FFO per unit was largely attributable to accretion from the merger with Prime Infrastructure during the fourth quarter of 2010. For the year, the company reported revenues of $1,636 million against $634 million a year ago. Investment income was $13 million against $9 million a year ago. Income before income tax was $598 million against $486 million a year ago. Net income attributable to partnership was $187 million or $1.15 per unit against $458 million or $4.17 per unit a year ago. Cash from operating activities was $352 million against $78 million a year ago. FFO was $392 million against $2.41 per unit against FFO of $197 million against $1.79 per unit a year ago. The Board of Directors has declared a quarterly distribution in the amount of $0.375 per unit, payable on March 30, 2012 to unit holders of record as at the close of business on February 29, 2012. This distribution represents a 7% increase, and it is consistent with Brookfield Infrastructure's policy of targeting a sustainable distribution in the range of 60-70% of FFO.

Brookfield Seeks Acquisitions

Brookfield Infrastructure Partners L.P. is looking for acquisition opportunities. Sam Pollock, Chief Executive Officer of Brookfield said, "We expect to increase our funds from operations in the future through both organic growth and acquisitions, while maintaining a conservative, investment grade balance sheet."

Brookfield Infrastructure Partners L.P. to Report Q4, 2011 Results on Feb 09, 2012

Brookfield Infrastructure Partners L.P. announced that they will report Q4, 2011 results at 8:00 AM, US Eastern Standard Time on Feb 09, 2012

BIP Competitors

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Industry Analysis

Valuation BIP Industry Range
Price/Earnings -- Not Meaningful
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BIP

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BIP transactions

Type
Date
Target
Buyback
February 9, 2012
--
Private Placement
October 19, 2011
--
Merger/Acquisition
September 21, 2011
Cross-Sound Cable Company, LLC
BIP to Invest $350M in Brazil
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Brookfield Infrastructure to Invest $350 Million in South American Transportation Infrastructure
[at noodls] - December 23, 2013 - Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced it has signed agreements to invest alongside institutional investors to acquire an approximate 27% interest in VLI, ...
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Mid-Year Utilities Dog Upsides Vs. Analyst Mean Price Targets
[at Seeking Alpha] - (Editors' Note: This article covers a micro-cap stock. Please be aware of the risks associated with these stocks.) Using closing prices for utilities stocks as of April 26, 2013, this report is based on ...
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6 Ultra Utilities Dogs Power 11% To 27% November Upsides
[at Seeking Alpha] - This end of month report tallied results from here as verified using Yahoo Finance data for utilities sector stocks as of market closing prices November 1 along with analyst mean target price results one ...
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Dividend Challengers: 10 Increases Expected By February 28
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Brookfield Infrastructure Partners L.P. Enters Oversold Territory
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Brookfield Infrastructure Partners Stock Getting Very Oversold
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Notable Two Hundred Day Moving Average Cross - BIP
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Brookfield Offers High Dividend Yield And Steady Growth From Infrastructure Assets Neutral
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Brookfield Infrastructure: A Perfect Fit For Income Investors
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