Pembina Pipeline (PBA) Stock Price, News & Analysis

Company Overview

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: $42.86 to $43.44
• 50-Day Range: $40.17 to $43.35
• 52-Week Range: $32.39 to $43.44
• Volume: 1.35 million shs
• Average Volume: 873,518 shs
• Market Capitalization: $24.92 billion
• P/E Ratio: 17.74
• Dividend Yield: 4.75%
• Price Target: $56.50
• Consensus Rating: Hold

Pembina Pipeline Stock Analysis - MarketRank™

Pembina Pipeline scored higher than 81% of companies evaluated by MarketBeat, and ranked 77th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Pembina Pipeline has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pembina Pipeline has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.80%

Earnings Growth

Earnings for Pembina Pipeline are expected to grow by 4.80% in the coming year, from $2.29 to $2.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pembina Pipeline is 17.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pembina Pipeline is 17.74, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.70.

Price to Book Value per Share Ratio

Pembina Pipeline has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.77% of the float of Pembina Pipeline has been sold short.

Short Interest Ratio / Days to Cover

Pembina Pipeline has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pembina Pipeline has recently decreased by 1.11%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Pembina Pipeline is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Pembina Pipeline does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pembina Pipeline is 84.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Pembina Pipeline will have a dividend payout ratio of 85.00% in the coming year. This indicates that Pembina Pipeline may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.1 / 5
• Environmental Score: -9.38

Percentage of Shares Shorted

0.77% of the float of Pembina Pipeline has been sold short.

Short Interest Ratio / Days to Cover

Pembina Pipeline has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pembina Pipeline has recently decreased by 1.11%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.90

News Sentiment

Pembina Pipeline has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Pembina Pipeline this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for PBA on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

MarketBeat Follows

5 people have added Pembina Pipeline to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pembina Pipeline insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.07% of the stock of Pembina Pipeline is held by insiders.

Percentage Held by Institutions

55.37% of the stock of Pembina Pipeline is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PBA Stock Analysis - Frequently Asked Questions

How have PBA shares performed this year?

Pembina Pipeline's stock was trading at $34.42 at the beginning of the year. Since then, PBA stock has increased by 24.7% and is now trading at $42.93.
View the best growth stocks for 2024 here.

How were Pembina Pipeline's earnings last quarter?

Pembina Pipeline Co. (NYSE:PBA) announced its quarterly earnings data on Thursday, August, 8th. The pipeline company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.21. Pembina Pipeline's quarterly revenue was up 30.5% compared to the same quarter last year.

Who are Pembina Pipeline's major shareholders?

Top institutional investors of Pembina Pipeline include Toronto Dominion Bank (1.41%), CIBC Asset Management Inc (1.10%), Connor Clark & Lunn Investment Management Ltd. (1.07%) and Kayne Anderson Capital Advisors LP (0.72%).

How do I buy shares of Pembina Pipeline?

Shares of PBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Pembina Pipeline own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pembina Pipeline investors own include NVIDIA (NVDA), Vanguard Short-Term Inflation-Protected Securities ETF (VTIP), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and iShares Treasury Floating Rate Bond ETF (TFLO).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 9/27 Dividend: 9/16/2024
• Dividend Payable: 9/27/2024
• Today: 11/23/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas exploration services
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:PBA
• CUSIP: N/A
• CIK: 1546066
• Web: www.pembina.com
• Phone: (403) 231-7500
• Fax: 403-237-0254
• Employees: 2,837
• Year Founded: 1954

Price Target and Rating

• Average Stock Price Target: $56.50
• High Stock Price Target: $57.00
• Low Stock Price Target: $56.00
• Potential Upside/Downside: +31.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.42
• Trailing P/E Ratio: 17.74
• Forward P/E Ratio: 18.75
• P/E Growth: N/A
• Net Income: $1.32 billion
• Net Margins: 25.39%
• Pretax Margin: 23.33%
• Return on Equity: 13.62%
• Return on Assets: 5.71%

Debt

• Debt-to-Equity Ratio: 0.79
• Current Ratio: 0.65
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $6.70 billion
• Price / Sales: 3.72
• Cash Flow: $3.25 per share
• Price / Cash Flow: 13.21
• Book Value: $18.73 per share
• Price / Book: 2.29

Miscellaneous

• Outstanding Shares: 580,530,000
• Free Float: 580,124,000
• Market Cap: $24.92 billion
• Optionable: Optionable
• Beta: 1.25