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TSE:PPL

Pembina Pipeline (PPL) Stock Price, News & Analysis

C$49.59
-0.64 (-1.27%)
(As of 06/17/2024 ET)
Today's Range
C$49.20
C$50.19
50-Day Range
C$47.01
C$51.30
52-Week Range
C$38.79
C$51.59
Volume
5.92 million shs
Average Volume
2.75 million shs
Market Capitalization
C$28.74 billion
P/E Ratio
15.95
Dividend Yield
5.57%
Price Target
C$54.25

Pembina Pipeline MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
9.4% Upside
C$54.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of Pembina Pipeline in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
C$2.82 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.07 out of 5 stars

PPL stock logo

About Pembina Pipeline Stock (TSE:PPL)

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.

PPL Stock Price History

PPL Stock News Headlines

Pembina Pipeline Co. (TSE:PPL) Raises Dividend to $0.69 Per Share
Pembina Pipeline to Renew Share Repurchase Program
Pembina Pipeline: Q1 Earnings Snapshot
What Wall Street expects from Pembina Pipeline's earnings
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/17/2024
Ex-Dividend for 6/28 Dividend
6/17/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/01/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Midstream
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,349
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$54.25
High Stock Price Target
C$57.00
Low Stock Price Target
C$51.00
Potential Upside/Downside
+9.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
C$1.71 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$9.05 billion
Cash Flow
C$0.59 per share
Book Value
C$25.00 per share

Miscellaneous

Free Float
N/A
Market Cap
C$28.74 billion
Optionable
Not Optionable
Beta
1.48
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Key Executives

  • Mr. J. Scott Burrows (Age 43)
    President, CEO & Director
    Comp: $3.85M
  • Mr. Cameron J. Goldade
    Senior VP & CFO
  • Mr. Jaret A. Sprott PEng
    Senior VP & COO
  • Ms. Janet C. Loduca (Age 56)
    Senior VP of External Affairs and Chief Legal & Sustainability Officer
    Comp: $1.11M
  • Mr. Stuart V. Taylor
    Senior VP & Corporate Development Officer
  • Mr. Allan Charlesworth
    Vice President of Technical Services
  • Mr. Scott W. Arnold
    Manager of Investor Relations
  • Mr. Christopher S. Scherman
    Senior VP of Marketing & Strategy Officer
  • Ms. Claudia D'Orazio
    Vice President of Human Resources
  • Ms. Eva M. Bishop
    Senior VP & Corporate Services Officer

Should I Buy Pembina Pipeline Stock? PPL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Pembina Pipeline Co.:

  • Pembina Pipeline has consistently reported strong earnings, with a recent EPS of C$1.21 for the quarter, surpassing analyst estimates.
  • The company has a healthy net margin of around 20.39%, indicating efficient cost management and profitability.
  • Recent insider activity shows confidence in the company, with a director purchasing shares at C$48.44 per share.
  • Pembina Pipeline operates in the energy transportation and midstream services sector, providing essential services in the industry.
  • With a market capitalization of C$29.15 billion, Pembina Pipeline is a significant player in the market, offering stability and potential growth.

Cons

Investors should be bearish about investing in Pembina Pipeline Co. for these reasons:

  • Despite strong earnings, the price-to-earnings ratio of 16.82 may indicate that the stock is currently overvalued.
  • The price-to-earnings-growth ratio of 4.80 suggests that the stock may be considered expensive relative to its growth prospects.
  • There has been recent insider selling activity, with a senior officer selling shares at C$48.82 per share, which could signal lack of confidence.
  • The beta of 1.49 indicates that the stock is relatively more volatile compared to the market, posing higher risk for investors.
  • While the company has a return on equity of 11.65%, investors should consider if this level of return meets their investment objectives.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 1, 2024. Please send any questions or comments about these Pembina Pipeline pros and cons to contact@marketbeat.com.

PPL Stock Analysis - Frequently Asked Questions

Should I buy or sell Pembina Pipeline stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PPL shares.
View PPL analyst ratings
or view top-rated stocks.

What is Pembina Pipeline's stock price target for 2024?

10 equities research analysts have issued 1-year target prices for Pembina Pipeline's shares. Their PPL share price targets range from C$51.00 to C$57.00. On average, they predict the company's share price to reach C$54.25 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts price targets for PPL
or view top-rated stocks among Wall Street analysts.

How have PPL shares performed in 2024?

Pembina Pipeline's stock was trading at C$45.62 at the beginning of the year. Since then, PPL shares have increased by 8.7% and is now trading at C$49.59.
View the best growth stocks for 2024 here
.

When is Pembina Pipeline's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PPL earnings forecast
.

How were Pembina Pipeline's earnings last quarter?

Pembina Pipeline Co. (TSE:PPL) released its quarterly earnings data on Thursday, May, 9th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.74 by $0.01. The company earned $1.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Pembina Pipeline had a trailing twelve-month return on equity of 11.65% and a net margin of 20.39%.

How often does Pembina Pipeline pay dividends? What is the dividend yield for Pembina Pipeline?

Pembina Pipeline announced a quarterly dividend on Thursday, May 9th. Investors of record on Monday, June 17th will be given a dividend of 0.69 per share on Friday, June 28th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date is Monday, June 17th. This is a boost from the stock's previous quarterly dividend of C$0.67.
Read our dividend analysis for PPL
.

Is Pembina Pipeline a good dividend stock?

Pembina Pipeline (TSE:PPL) pays an annual dividend of C$2.76 per share and currently has a dividend yield of 5.49%. PPL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 88.75%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PPL.

What other stocks do shareholders of Pembina Pipeline own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pembina Pipeline investors own include Intact Financial (IFC), Constellation Software (CSU), Pembina Pipeline (PBA), Bank of Nova Scotia (BNS), Enbridge (ENB), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Vermilion Energy (VET).

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.
Compare Top Brokerages Here.

This page (TSE:PPL) was last updated on 6/18/2024 by MarketBeat.com Staff

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