Brookfield Infrastructure Stock (NYSE:BIPC)
Previous Close
$41.19
52W Range
$34.18 - $51.72
50D Avg
$40.52
200D Avg
$43.68
Market Cap
$4.96B
Avg Vol (3M)
$1.24M
Beta
1.29
Div Yield
$1.77 (4.28%)
BIPC Company Profile
Brookfield Infrastructure Corporation (BIPC), in conjunction with its subsidiary companies, primarily engages in the ownership and operation of essential infrastructure assets globally. The company manages regulated natural gas transmission systems in Brazil, operating an approximate 2,000-kilometer network of pipelines that span the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Expanding its international presence, BIPC also oversees regulated gas and electricity distribution operations across the United Kingdom. Furthermore, its Australian operations are comprehensive, covering both electricity transmission and distribution, as well as gas distribution services. In Australia, the firm provides services to roughly 3.9 million gas and electricity connections, supported by an expansive 61,000-kilometer infrastructure of active electricity transmission and distribution lines. Established in 2019, Brookfield Infrastructure Corporation is headquartered in New York, New York, and functions as a subsidiary of Brookfield Infrastructure Partners L.P.