Pembina Pipeline (PPL) 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: C$59.31 to C$59.76
• 50-Day Range: C$54.69 to C$59.82
• 52-Week Range: C$43.64 to C$59.86
• Volume: 71,518 shs
• Average Volume: 2.68 million shs
• Market Capitalization: C$34.64 billion
• P/E Ratio: 18.32
• Dividend Yield: 4.62%
• Price Target: C$58.86
• Consensus Rating: Moderate Buy

Pembina Pipeline Stock Analysis - MarketRank™

Pembina Pipeline scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Pembina Pipeline has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pembina Pipeline has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Pembina Pipeline is 18.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pembina Pipeline is 18.27, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 109.19.

Price to Earnings Growth Ratio

Pembina Pipeline has a PEG Ratio of 1.58. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pembina Pipeline has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PPL.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Pembina Pipeline is a leading dividend payer. It pays a dividend yield of 4.61%, 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 84.66%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PPL.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.19

News Sentiment

Pembina Pipeline has a news sentiment score of 0.19. 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 lower news sentiment than the 0.54 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Pembina Pipeline this week, compared to 4 articles on an average week.

Search Interest

19 people have searched for PPL on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Pembina Pipeline to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pembina Pipeline insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$213,252.00 in company stock.

Percentage Held by Insiders

Only 0.05% of the stock of Pembina Pipeline is held by insiders.

Percentage Held by Institutions

63.93% of the stock of Pembina Pipeline is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PPL Stock Analysis - Frequently Asked Questions

How have PPL shares performed this year?

Pembina Pipeline's stock was trading at C$45.62 at the beginning of the year. Since then, PPL shares have increased by 30.5% and is now trading at C$59.55.
View the best growth stocks for 2024 here.

How were Pembina Pipeline's earnings last quarter?

Pembina Pipeline Co. (TSE:PPL) announced its earnings results on Tuesday, November, 5th. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.79 by $0.19. The company earned $1.84 billion during the quarter, compared to analyst estimates of $2.03 billion. Pembina Pipeline had a trailing twelve-month return on equity of 11.89% and a net margin of 20.60%.

How do I buy shares of Pembina Pipeline?

Shares of PPL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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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 Constellation Software (CSU), Intact Financial (IFC), Enbridge (ENB), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Pembina Pipeline (PBA) and Freehold Royalties (FRU).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/16/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Dividend Payable: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Midstream
• Sub-Industry: Utilities
• Current Symbol: TSE:PPL
• CUSIP: N/A
• CIK: N/A
• Web: www.pembina.com
• Phone: +1-403-2317500
• Fax: N/A
• Employees: 6,530
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$58.86
• High Stock Price Target: C$65.00
• Low Stock Price Target: C$56.00
• Potential Upside/Downside: -1.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.58
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.26
• Trailing P/E Ratio: 18.27
• Forward P/E Ratio: 17.31
• P/E Growth: 1.58
• Net Income: C$1.82 billion
• Net Margins: 20.60%
• Pretax Margin: N/A
• Return on Equity: 11.89%
• Return on Assets: 4.31%

Debt

• Debt-to-Equity Ratio: 77.50
• Current Ratio: 0.69
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: C$9.48 billion
• Price / Sales: 3.64
• Cash Flow: C$0.71 per share
• Price / Cash Flow: 84.34
• Book Value: C$25.93 per share
• Price / Book: 2.30

Miscellaneous

• Outstanding Shares: 580,210,000
• Free Float: N/A
• Market Cap: C$34.55 billion
• Optionable: Not Optionable
• Beta: 1.48