Brookfield Infrast Partners Lp Stock Price, News & Analysis

BROOKFIELD, NEWS, May 04, 2022 – Brookfield Infrastructure Partners Exchange L.P. (“BIP Exchange LP”) announced a three-for-two unit split of its outstanding exchangeable units, approved by its board of directors. This split will be effective on June 10, 2022, for holders on record as of June 6, 2022. Fractional units will be rounded to the nearest whole unit. The split is not expected to be taxable in Canada. BIP Exchange LP will employ the direct registration system for unit distribution, ensuring a seamless update for registered unitholders.

Brookfield Infrastructure Partners L.P. (BIP) reported Q1 2022 results showing a net income of $70 million, down from $190 million year-over-year, impacted by foreign currency and commodity hedging. Funds from operations (FFO) reached $493 million, a record high and a 14% increase from the previous year. The company experienced 10% organic growth, driven by inflation and increased demand. A three-for-two unit split was approved to enhance liquidity, and a quarterly distribution of $0.54 per unit was declared, reflecting a 6% increase from last year. Recent investments include acquisitions in Australia.

Brookfield Infrastructure Partners will host its Q1 2022 conference call on May 4, 2022, at 9:00 a.m. ET. The financial results will be released at approximately 7:00 a.m. ET on the same day, available on their website. Participation details include a toll-free North American number and a conference ID. A rebroadcast will be accessible until May 11, 2022. This premier infrastructure firm operates assets across multiple sectors worldwide.

BROOKFIELD, NEWS, March 09, 2022 – Brookfield Infrastructure (NYSE: BIP) has filed its 2021 annual report on Form 20-F, which includes audited financial statements for the fiscal year ending December 31, 2021. The report is accessible via the SEC's EDGAR system and Canadian securities authorities on SEDAR. Brookfield Infrastructure owns quality, long-life assets across utilities, transport, midstream, and data sectors globally, focusing on those that provide stable cash flows with minimal maintenance costs. Investors can access its portfolio through Brookfield Infrastructure Partners L.P. or Brookfield Infrastructure Corporation.

Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) announced plans to redeem all outstanding Cumulative Class A Preferred Limited Partnership Units, Series 7, effective March 31, 2022. The redemption price is set at C$25.00 per unit, with eligible holders receiving a final quarterly distribution of C$0.3125 per unit if recorded by February 28, 2022. The company focuses on high-quality infrastructure assets generating stable cash flows globally.

BROOKFIELD, NEWS, Feb. 02, 2022 -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) reported a 6% increase in distributions for 2022, marking the 13th consecutive annual increase. For 2021, net income reached $1.1 billion, up from $0.4 billion in 2020, driven by strong organic growth and capital gains from asset disposals. Funds From Operations (FFO) increased by 19% to $1.7 billion. Strategic initiatives include a $500 million investment in AusNet Services and a $215 million stake in Intellihub. A quarterly distribution of $0.54 per unit was declared, payable on March 31, 2022.

BROOKFIELD, NEWS, Jan. 21, 2022 – Brookfield Infrastructure Partners L.P. (NYSE: BIP) has closed a public offering of $300 million in fixed-rate perpetual subordinated notes with a 5.125% coupon. The notes will be listed under the symbol 'BIPI' on the NYSE. Proceeds will be used to redeem its Class A Preferred Units, Series 7, due March 31, 2022, and for general working capital. The underwriting was managed by Wells Fargo, BofA, Morgan Stanley, RBC Capital Markets, and Citigroup. Brookfield Infrastructure operates infrastructure assets generating stable cash flows worldwide.

Brookfield Infrastructure Partners will conduct its fourth quarter 2021 conference call on February 2, 2022, at 9:00 a.m. ET. Results will be disclosed that day at approximately 7:00 a.m. ET and can be accessed on their website. Participants can join via phone at +1-866-688-9459 (NA) or +1-409-216-0834 (international) starting at 8:50 a.m.

A rebroadcast will be available until February 9, 2022, at +1-855-859-2056 or +1-404-537-3406.

BROOKFIELD, NEWS, Nov. 25, 2021 — Brookfield Infrastructure Partners L.P. (BIP) announced the TSX's acceptance of its intent to renew its normal course issuer bid for its LP Units and class A Preferred Units. The repurchase plan allows BIP to buy back up to 5% of its total LP Units, equating to 15,259,720 units, potentially reflecting perceived undervaluation. BIPC also plans to repurchase up to 10% of its total public float of Exchangeable Shares. Both bids are set to commence on November 29, 2021, and conclude on November 28, 2022. No units were repurchased in the prior twelve months.