Inter Pipeline (OTCMKTS:IPPLF) Stock Price Up 1.5% – Time to Buy?

Inter Pipeline Ltd. (OTCMKTS:IPPLFGet Free Report) shares traded up 1.5% during mid-day trading on Monday . The company traded as high as $15.47 and last traded at $15.47. 2,100 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 11,523 shares. The stock had previously closed at $15.24.

Inter Pipeline Price Performance

The stock has a 50-day moving average of $15.47 and a two-hundred day moving average of $15.47.

About Inter Pipeline

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Inter Pipeline Ltd is a midstream energy infrastructure company headquartered in Calgary, Alberta. Formerly listed on the Toronto Stock Exchange and now trading over?the?counter as IPPLF following its privatization in early 2022, the company specializes in the transportation, processing and storage of hydrocarbon products. Its diversified asset base spans four core business segments, providing critical services to producers, refineries and petrochemical customers across North America and Europe.

Through its Oil Sands Transportation business, Inter Pipeline operates two major pipelines in Alberta’s oil sands region, conveying heavy crude and bitumen blend between production areas and market hubs.

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