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Inter Pipeline Ltd. is a petroleum transportation, storage and natural-gas-liquids processing company.

Its share price set a 52-week low of $21.36 on March 26. However, the stock has since rallied about 10 per cent supported by growing revenue.

The company reported first-quarter sales on May 7 of $646.0-million, up from $578.7-million in Q1 2017. Meanwhile, insiders have been buying into the growth story, with three of them spending a total of $344,632 picking up shares in the public market over the past 90 days.

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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.

Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.

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