Pembina Pipeline (PPL) to Release Quarterly Earnings on Tuesday

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA is scheduled to be releasing its earnings data after the market closes on Tuesday, November 5th. Analysts expect Pembina Pipeline to post earnings of C$0.79 per share for the quarter.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last released its earnings results on Thursday, August 8th. The company reported C$0.75 EPS for the quarter, missing analysts' consensus estimates of C$0.76 by C($0.01). The company had revenue of C$1.86 billion for the quarter, compared to analysts' expectations of C$1.99 billion. Pembina Pipeline had a return on equity of 11.89% and a net margin of 20.60%.

Pembina Pipeline Price Performance

Shares of PPL stock traded down C$0.27 on Tuesday, reaching C$58.25. 1,378,894 shares of the company were exchanged, compared to its average volume of 2,752,438. The company has a market cap of C$33.80 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 1.58 and a beta of 1.48. The business has a 50-day moving average price of C$56.25 and a 200 day moving average price of C$52.58. The company has a debt-to-equity ratio of 77.50, a quick ratio of 0.50 and a current ratio of 0.69. Pembina Pipeline has a 1 year low of C$42.11 and a 1 year high of C$59.86.

Pembina Pipeline Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were paid a dividend of $0.69 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $2.76 annualized dividend and a yield of 4.74%. Pembina Pipeline's dividend payout ratio is presently 84.66%.

Insider Transactions at Pembina Pipeline

In other news, Senior Officer J. Scott Burrows sold 3,926 shares of the company's stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of C$54.32, for a total value of C$213,251.68. In related news, Senior Officer Jaret Sprott sold 37,414 shares of the company's stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$52.55, for a total transaction of C$1,965,933.60. Also, Senior Officer J. Scott Burrows sold 3,926 shares of the company's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of C$54.32, for a total transaction of C$213,251.68. Company insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Tudor Pickering & Holt upped their price objective on shares of Pembina Pipeline from C$55.00 to C$56.00 in a research note on Friday, July 5th. ATB Capital upped their price objective on shares of Pembina Pipeline from C$56.00 to C$58.00 in a research note on Wednesday, July 24th. UBS Group raised shares of Pembina Pipeline to a "hold" rating in a research note on Wednesday, September 11th. JPMorgan Chase & Co. upped their price objective on shares of Pembina Pipeline from C$60.00 to C$62.00 and gave the company a "hold" rating in a research note on Thursday, October 3rd. Finally, BMO Capital Markets upped their price objective on shares of Pembina Pipeline from C$56.00 to C$58.00 in a research note on Thursday, September 5th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$58.29.

Pembina Pipeline Company Profile

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.