Inter Pipeline Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

Inter Pipeline Ltd. is a Canada-based energy infrastructure business. The Company is engaged in the transportation, processing and storage of energy products across Western Canada and Europe. The Company owns and operates energy infrastructure assets in Western Canada. The Company operate through four segments: Transportation, Facilities Infrastructure, Marketing and New Ventures. Its transportation segment consists of oil sands and conventional oil pipelines, as well as bulk liquid storage terminals. It owns and operates assets that provide natural gas liquids (NGL), offgas and petrochemical products and services. Its centralized marketing segment manages the logistics and sale of products not produced under fee-based or cost-of-service agreements, as well as engages in pipeline and facility optimization opportunities. New Ventures segment develops North America's integrated propane dehydrogenation (PDH) and polypropylene facility (PP) complex.