Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; and 3.6 million gas and electricity connections and 1.5 million installed smart meters in the United Kingdom. The company was founded in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.
IPO Year: 2020
Exchange: NYSE
Website: bip.brookfield.com/bipc
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/13/2021 | $73.00 → $70.00 | Overweight | Wells Fargo |
8/9/2021 | Equal Weight → Overweight | Wells Fargo | |
8/9/2021 | $73.00 | Equal-Weight → Overweight | Wells Fargo |
3 - Brookfield Infrastructure Corp (0001788348) (Reporting)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
6-K - Brookfield Infrastructure Corp (0001788348) (Filer)
EFFECT - Brookfield Infrastructure Corp (0001788348) (Filer)
Wells Fargo reiterated coverage of Brookfield Infrastructure with a rating of Overweight and set a new price target of $70.00 from $73.00 previously
Wells Fargo upgraded Brookfield Infrastructure Corp. from Equal Weight to Overweight
Wells Fargo upgraded Brookfield Infrastructure from Equal-Weight to Overweight and set a new price target of $73.00
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BROOKFIELD, NEWS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE:BIP, TSX:BIP) (the "Partnership") and Brookfield Infrastructure Corporation ("BIPC") ((TSX, NYSE:BIPC) today announced their intention to complete a reorganization (the "Arrangement") that maintains the benefits of Brookfield Infrastructure's business structure, while addressing proposed amendments to the Income Tax Act (Canada) that are expected to result in additional costs to BIPC if no action is taken. BIPC was created by the Partnership in 2020 to provide investors with an opportunity to gain access to the Partnership's globally diversified portfolio of high-quality infrastructure assets
BROOKFIELD, NEWS, July 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its second quarter 2024 conference call and webcast on Thursday, August 1, 2024 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com. Participants can join by conference call or webcast. Conference Call Please pre-register at: https://register.vevent.com/register/BI4860b3b9fc604060aa9c603b7c0c75c1Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypass the operator and avoid the queue. Webcast Please join and register at: https://edge.media-
BROOKFIELD, NEWS, June 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the "Corporation") ((TSX, NYSE:BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares ("Exchangeable Shares") and holders of class B multiple voting shares ("Class B Shares") were elected at the Corporation's annual meeting of shareholders held on June 18, 2024 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting in
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") from Brookfield Infrastructure Partners L.P. (NYSE:BIP, TSX:BIP) ("Brookfield Infrastructure"). As a result of this transaction, ArcLight's ownership in NGPL increased to 37.5% while Brookfield Infrastructure retains a 25% interest. Kinder Morgan, Inc. (NYSE:KMI) continues to operate the pipeline and holds a 37.5% interest in NGPL. "Our investment in NGPL continues to be highly representative of ArcLight's thesis in strategic natural gas infrastructure. NGPL provides critical energy reliability and
BROOKFIELD, NEWS, June 14, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the "Corporation") ((TSX, NYSE:BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares ("Exchangeable Shares") and holders of class B multiple voting shares ("Class B Shares") were elected at the Corporation's annual meeting of shareholders held on June 14, 2023 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting inte
Triton common shareholders to receive consideration valued at $85 per share, including $68.50 in cash and $16.50 in class A shares of Brookfield Infrastructure Corporation Represents a 35% premium to Triton's closing share price on April 11, 2023 and a 34% premium to the 30-day volume-weighted average share price BROOKFIELD, NEWS, April 12, 2023 (GLOBE NEWSWIRE) -- Triton International Limited (NYSE:TRTN) ("Triton" or the "Company") and Brookfield Infrastructure Partners L.P. ("BIP") (NYSE:BIP, TSX:BIP), through its subsidiary Brookfield Infrastructure Corporation ("BIPC") and its institutional partners (collectively, "Brookfield Infrastructure"), jointly announce a definitive agreemen
Triton common shareholders to receive consideration valued at $85 per share, including $68.50 in cash and $16.50 in class A shares of Brookfield Infrastructure Corporation Represents a 35% premium to Triton's closing share price on April 11, 2023 and a 34% premium to the 30-day volume-weighted average share price HAMILTON, Bermuda, April 12, 2023 /PRNewswire/ -- Triton International Limited (NYSE:TRTN) ("Triton" or the "Company") and Brookfield Infrastructure Partners L.P. ("BIP") (NYSE:BIP, TSX:BIP), through its subsidiary Brookfield Infrastructure Corporation ("BIPC") and its institutional partners (collectively, "Brookfield Infrastructure"), jointly announce a definitive agreement for
BROOKFIELD, NEWS, June 16, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the "Corporation") ((TSX, NYSE:BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares ("Exchangeable Shares") and holders of class B multiple voting shares ("Class B Shares") were elected at the Corporation's annual meeting of shareholders held on June 16, 2022 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting inte
BROOKFIELD, NEWS, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation Exchange Limited Partnership ("BIPC Exchange LP"), a subsidiary of Brookfield Infrastructure Partners L.P., today announced that, in connection with the announcement by Brookfield Infrastructure Corporation ("BIPC") of a three-for-two split of its class A exchangeable subordinate voting shares, the board of directors of BIPC Exchange LP has approved a three-for-two unit split (the "Unit Split") of the outstanding exchangeable units of BIPC Exchange LP ("Exchangeable Units"). The Unit Split will be implemented by way of a subdivision on June 10, 2022 to holders of record at the close of business on Jun
BROOKFIELD, NEWS, March 09, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (NYSE:BIPC, TSX:BIPC) today announced that it has filed its 2021 annual report on Form 20-F (the "Annual Report"), including its audited financial statements for the year ended December 31, 2021, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR. These documents are also available under the Financial Reports section of our website and a hard copy will be provided to shareholders free of charge upon request. Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream
BROOKFIELD, NEWS, July 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its second quarter 2024 conference call and webcast on Thursday, August 1, 2024 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com. Participants can join by conference call or webcast. Conference Call Please pre-register at: https://register.vevent.com/register/BI4860b3b9fc604060aa9c603b7c0c75c1Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypass the operator and avoid the queue. Webcast Please join and register at: https://edge.media-
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") from Brookfield Infrastructure Partners L.P. (NYSE:BIP, TSX:BIP) ("Brookfield Infrastructure"). As a result of this transaction, ArcLight's ownership in NGPL increased to 37.5% while Brookfield Infrastructure retains a 25% interest. Kinder Morgan, Inc. (NYSE:KMI) continues to operate the pipeline and holds a 37.5% interest in NGPL. "Our investment in NGPL continues to be highly representative of ArcLight's thesis in strategic natural gas infrastructure. NGPL provides critical energy reliability and
Triton common shareholders to receive consideration valued at $85 per share, including $68.50 in cash and $16.50 in class A shares of Brookfield Infrastructure Corporation Represents a 35% premium to Triton's closing share price on April 11, 2023 and a 34% premium to the 30-day volume-weighted average share price BROOKFIELD, NEWS, April 12, 2023 (GLOBE NEWSWIRE) -- Triton International Limited (NYSE:TRTN) ("Triton" or the "Company") and Brookfield Infrastructure Partners L.P. ("BIP") (NYSE:BIP, TSX:BIP), through its subsidiary Brookfield Infrastructure Corporation ("BIPC") and its institutional partners (collectively, "Brookfield Infrastructure"), jointly announce a definitive agreemen
Triton common shareholders to receive consideration valued at $85 per share, including $68.50 in cash and $16.50 in class A shares of Brookfield Infrastructure Corporation Represents a 35% premium to Triton's closing share price on April 11, 2023 and a 34% premium to the 30-day volume-weighted average share price HAMILTON, Bermuda, April 12, 2023 /PRNewswire/ -- Triton International Limited (NYSE:TRTN) ("Triton" or the "Company") and Brookfield Infrastructure Partners L.P. ("BIP") (NYSE:BIP, TSX:BIP), through its subsidiary Brookfield Infrastructure Corporation ("BIPC") and its institutional partners (collectively, "Brookfield Infrastructure"), jointly announce a definitive agreement for
Offer Highlights Aggregate cash and share-based consideration totalling C$19.751 per Inter Pipeline Ltd. (TSX: IPL) (“IPL” or the “Company”) share representing a 4.4% premium to the Pembina Pipeline Corporation (“Pembina”) share-based offer valued at C$18.91 per share (the “Alternative Transaction”) as of market close on June 1, 2021.Cash component of the Offer represents 74% of the total consideration, compared to zero in the Alternative Transaction.Brookfield Infrastructure has received all key regulatory and anti-trust approvals and our Offer is open for Tender until June 22nd with take-up and payment within three business days thereafter.Preserves significant local Canadian jobs compar
Offer Highlights Aggregate cash and share-based consideration totaling C$19.75 per Inter Pipeline Ltd. (TSX:IPL) ("IPL" or the "Company") share1, representing a 4.4% premium to the Pembina Pipeline Corporation ("Pembina") share-based offer valued at C$18.91 per share as of market close on June 1, 2021.Cash component of the Offer represents 74% of the total consideration, compared to zero in the Pembina offer.Brookfield Infrastructure has received all regulatory and anti-trust approvals and can close as early as 10 business days from the filing date of the variation to our Offer.Preserves significant local Canadian jobs compared to IPL's alternative cost synergy-driven transaction. BROOKFIE
On Tuesday, 647 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company on a market cap basis to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company by market cap to set a new 52-week low. Stryve Foods (NASDAQ:SNAX) shares dropped the most, trading down 27.96% to reach its new 52-week low. Royal Bank of Canada (NYSE:RY) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Tuesday: Bank of America (NYSE:BAC) shares set a new yearly low of $26.16 this morning. The stock was down 0.75% on
Wells Fargo has decided to maintain its Overweight rating of Brookfield Infrastructure (NYSE:BIPC) and lower its price target from $46.00 to $42.00. Shares of Brookfield Infrastructure are trading up 1.0% over the last 24 hours, at $37.50 per share. A move to $42.00 would account for a 12.0% increase from the current share price. About Brookfield Infrastructure Brookfield Infrastructure Corp is an indirect subsidiary of the partnership of the diversified infrastructure owner and operators. Its business is comprised of a U.K. regulated distribution operation, a Brazilian regulated natural gas transmission operation and an Australian regulated utility. About Analyst Ratings Analysts work in ba
Wells Fargo analyst Jonathan Reeder maintains Brookfield Infrastructure (NYSE:BIPC) with a Overweight and lowers the price target from $46 to $42.
On Thursday, 283 companies set new 52-week lows. 52-Week Low Highlights: The largest company by market cap to set a new 52-week low was Pfizer (NYSE:PFE). Blue Star Foods (NASDAQ:BSFC) was the smallest company when considering market cap to set a new 52-week low. Edible Garden AG (NASDAQ:EDBL) made the largest move down on the session, with shares plummeting 34.15% to reach its 52-week low. Almacenes Exito (NYSE:EXTO) shares bounced back the most, actually rising 0.0% after hiting a new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) shares made a new 52-week low of $34.04 on Thursday. The stock was down 0.74% for the day. Walt Disney
On Wednesday, 179 companies reached new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: The company with the largest market cap to set a new 52-week low was Pfizer (NYSE:PFE). Gaucho Group Holdings (NASDAQ:VINO) was the smallest, in terms of market cap, to set a new 52-week low. EZGO Technologies (NASDAQ:EZGO)'s stock traded down the lowest, falling 78.43% to reach a new 52-week low. Protara Therapeutics (NASDAQ:TARA)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. The stocks that set new 52-week lows on Wednesday: Pfizer (NYSE:PFE) shares hit a yearly low of $34.57. The stock was down 1.91% on the session. Bristol-My
Wells Fargo analyst Jonathan Reeder maintains Brookfield Infrastructure (NYSE:BIPC) with a Overweight and lowers the price target from $48 to $46.
As of the close of business on Tuesday, 5/2, we captured the Top 10 Highest Short Interest % stocks within the Utilities sector. The average short interest for stocks within the Utilities sector stands at 1.89%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector. Otter Tail Corp (NASDAQ:OTTR) 11.53% One Gas Inc (NYSE:OGS) 9.71% Advent Technologie (NASDAQ:ADN) 8.73% Portland Gen Elec (NYSE:POR) 8.63% Ormat Technologies (NYSE:ORA) 8.33% Avista Corp (NYSE:AVA) 5.75% Nrg Energy Inc (NYSE:NRG) 5.48% Brookfield Infr Co (NYSE:BIPC) 5.35% Atmos Energy Corp (NYSE:ATO) 4.95% Sjw Group (NY
As of the close of business on Friday, 4/14, we captured the Top 10 Highest Short Interest % stocks within the Utilities sector. The average short interest for stocks within the Utilities sector stands at 1.86%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector. Otter Tail Corp (NASDAQ:OTTR) 11.52% One Gas Inc (NYSE:OGS) 9.19% Portland Gen Elec (NYSE:POR) 8.15% Ormat Technologies (NYSE:ORA) 7.92% Sjw Group (NYSE:SJW) 6.35% Avista Corp (NYSE:AVA) 5.93% Brookfield Infr Co (NYSE:BIPC) 5.67% Atmos Energy Corp (NYSE:ATO) 5.6% New Jersey Res Cp (NYSE:NJR) 5.11% Advent Technologie (N
Wells Fargo analyst Jonathan Reeder maintains Brookfield Infrastructure (NYSE:BIPC) with a Overweight and raises the price target from $47 to $48.
The market is trading higher on Wednesday after the Labor Department reported the latest Consumer Price Index figure for the month of March. While most stocks are trading higher alongside the major index funds, several stocks are taking noticeable hits in the premarket and early market trading hours. What Happened: The U.S. Labor Department reported headline CPI of 5% for the month of March, which came in below what many economists were predicting for the month. CPI was up 0.1% on a month-over-month basis, which also came in lower than economists’ expectations for the month. Core CPI, which excludes food and energy items, rose 5.6% year-over-year for the month of March. The figure marks