Brookfield Infrastructure Partners L.P. (BIP)
| Market Cap | 20.55B |
| Revenue (ttm) | 16.67B |
| Net Income (ttm) | 177.00M |
| Shares Out | 652.43M |
| EPS (ttm) | 0.31 |
| PE Ratio | 101.58 |
| Forward PE | 33.00 |
| Dividend | $1.53 (4.86%) |
| Ex-Dividend Date | Nov 29, 2023 |
| Volume | 395,483 |
| Open | 31.37 |
| Previous Close | 31.47 |
| Day's Range | 31.16 - 31.61 |
| 52-Week Range | 21.03 - 37.32 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 40.43 (+28.39%) |
| Earnings Date | Feb 1, 2024 |
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 60,000 kilometers (km) of operational electricity transmission and distribution lines; 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.8 million electricity and natural gas connections; and 540,000 long-term contracted sub-metering services. This segment also offers heating, cooling, and ener... [Read more]
Financial Performance
In 2022, BIP's revenue was $14.43 billion, an increase of 25.05% compared to the previous year's $11.54 billion. Earnings were $101.00 million, a decrease of -81.83%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BIP stock is "Buy." The 12-month stock price forecast is $40.43, which is an increase of 28.39% from the latest price.
News
Brookfield Infrastructure Announces Results of Reclassification of Its Series 11 Preferred Units
BROOKFIELD, News, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the Decembe...
Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 11 Preferred Units
All amounts in Canadian dollars unless otherwise stated BROOKFIELD, News, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.U...
Brookfield Infrastructure Renews Its Normal Course Issuer Bids
BROOKFIELD, News, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that the Toronto Stock Exchange (the “TSX”) accepted a noti...
Cyxtera Receives Court Approval for Sale to Brookfield and Plan of Reorganization
MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced tha...
Cyxtera Enters Asset Purchase Agreement with Brookfield
MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced tha...
Brookfield Infrastructure Reports Third Quarter 2023 Results
BROOKFIELD, NEWS, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results fo...
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Brookfield Infrastructure Announces Automatic Purchase Plans
BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that, in connection with its previously announced normal co...
Brookfield Infrastructure to Host Third Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2023 conference call and webcast on Wednesday, November 1, 2023 at 9:00 a.m. (ET).
Triton International Announces Completion of Acquisition By Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--September 28, 2023—Triton International Limited (NYSE: TRTN) (“Triton” or the "Company") today announced the completion of its acquisition by Brookfield Infrastruct...
Triton International Announces Preliminary Election Results in Connection With Acquisition by Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--September 27, 2023—Triton International Limited (NYSE: TRTN) (“Triton”) announced today the preliminary results of the elections made by holders of Triton common sh...
Triton International and Brookfield Infrastructure Announce Receipt of All Required Regulatory Approvals for Proposed Acquisition and Election Deadline
HAMILTON, Bermuda--(BUSINESS WIRE)--September 19, 2023 -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”...
Triton International Shareholders Approve Acquisition by Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--August 24, 2023—Triton International Limited (NYSE: TRTN) (“Triton” or the "Company") announced that its shareholders have voted to approve the acquisition of the C...
Brookfield Infrastructure Partners LP: A High-Performing Stock with Strong Growth Prospects
Brookfield Infrastructure Partners LP ( BIP , Financial) is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, energy, and data ...
Brookfield Infrastructure Reports Second Quarter 2023 Results
BROOKFIELD, NEWS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results fo...
Brookfield Infrastructure to Issue $700 Million of Medium-Term Notes
All amounts in Canadian dollars unless otherwise stated NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, NEWS, July 25, 2023 (GLOBE NEWSWIRE) -- Bro...
TRITON INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Triton International Limited - TRTN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Triton Internati...
Triton International Announces Date of Special Meeting to Approve Acquisition by Brookfield Infrastructure
HAMILTON, Bermuda--(BUSINESS WIRE)--July 7, 2023--Triton International Limited (NYSE: TRTN) (“Triton”) announced that it has set August 24, 2023 as the date for the special general meeting of sharehol...
Brookfield Infrastructure to Host Second Quarter 2023 Results Conference Call
BROOKFIELD, NEWS, July 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its second quarter 2023 conference call and webcast on Thursday, August 3, 2023 at 9:00 a.m. (ET).
Brookfield Infrastructure and Ontario Teachers' to Acquire Compass Datacenters from RedBird Capital Partners and Azrieli Group
DALLAS, June 20, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Te...
ArcLight Acquires an Incremental Interest in Natural Gas Pipeline Company of America LLC from Brookfield Infrastructure
BOSTON , June 15, 2023 /PRNewswire/ -- An affiliate of ArcLight Capital Partners, LLC ("ArcLight") has acquired an incremental 12.5% interest in Natural Gas Pipeline Company of America LLC ("NGPL") fr...
Triton International Announces Expiration of Hart-Scott-Rodino Act Waiting Period
HAMILTON, Bermuda--(BUSINESS WIRE)--June 12, 2023 – Triton International Limited (NYSE: TRTN) (“Triton”) today announced the expiration of the required waiting period under the Hart-Scott-Rodino Antit...
Brookfield Infrastructure Reports First Quarter 2023 Results
BROOKFIELD, NEWS, May 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for...