Should I buy or sell Pembina Pipeline stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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?

11 brokers have issued 1-year price objectives for Pembina Pipeline's stock. Their PPL share price targets range from C$49.00 to C$56.00. On average, they predict the company's stock price to reach C$52.42 in the next twelve months. This suggests a possible upside of 10.3% 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 4.2% and is now trading at C$47.54. 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, May 9th 2024. View our PPL earnings forecast .

How were Pembina Pipeline's earnings last quarter?

Pembina Pipeline Co. (TSE:PPL) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.46. The business earned $2.47 billion during the quarter, compared to the consensus estimate of $2.47 billion. Pembina Pipeline had a net margin of 19.46% and a trailing twelve-month return on equity of 11.24%.

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

Pembina Pipeline declared a quarterly dividend on Thursday, November 2nd. Shareholders of record on Friday, December 15th will be paid a dividend of 0.668 per share on Friday, December 29th. This represents a $2.67 annualized dividend and a dividend yield of 5.62%. The ex-dividend date of this dividend is Thursday, December 14th. Read our dividend analysis for PPL .

Is Pembina Pipeline a good dividend stock?

Pembina Pipeline (TSE:PPL) pays an annual dividend of C$2.67 per share and currently has a dividend yield of 5.61%. PPL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 89.30%. 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 .

TSE:PPL

Pembina Pipeline (PPL) Stock Price, News & Analysis

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Free PPL Stock Alerts

C$47.54

-0.29 (-0.61%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$47.38
▼
C$48.13
50-Day Range: C$45.04
▼
C$48.74
52-Week Range: C$38.79
▼
C$48.97

Volume: 3.32 million shs
Average Volume: 2.73 million shs
Market Capitalization: C$26.12 billion

P/E Ratio: 15.90
Dividend Yield: 5.62%
Price Target: C$52.42

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Pembina Pipeline MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 10.3% Upside
C$52.42 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.41
Based on 12 Articles This Week
Insider Trading: Selling Shares
C$259,429 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.

3.16 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Pembina Pipeline has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Pembina Pipeline has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for PPL.

1.7

Dividend Strength

Dividend Leadership
Pembina Pipeline is a leading dividend payer. It pays a dividend yield of 5.61%, 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 89.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PPL.

1.9

News and Social Media Coverage

News Sentiment
Pembina Pipeline has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Energy companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Pembina Pipeline this week, compared to 4 articles on an average week.
Search Interest
Only 28 people have searched for PPL on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Pembina Pipeline to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pembina Pipeline insiders have sold 169.96% more of their company's stock than they have bought. Specifically, they have bought C$96,098.00 in company stock and sold C$259,429.00 in company stock.
Percentage Held by Insiders
Only 0.07% of the stock of Pembina Pipeline is held by insiders.
Percentage Held by Institutions
61.98% of the stock of Pembina Pipeline is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pembina Pipeline is 15.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pembina Pipeline is 15.90, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 99.19.
Price to Earnings Growth Ratio
Pembina Pipeline has a PEG Ratio of 4.80. 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 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

PPL Stock News Headlines

April 10, 2024 | insidertrades.com

Insider Buying: Pembina Pipeline Co. (TSE:PPL) Director Buys 1,984 Shares of Stock

April 14, 2024 | americanbankingnews.com

JPMorgan Chase & Co. Increases Pembina Pipeline (TSE:PPL) Price Target to C$52.00

April 16, 2024 | InvestorPlace (Ad)

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April 12, 2024 | seekingalpha.com

Pembina Pipeline Corporation CUM PFD SER A 21 declares CAD 0.3938 dividend

April 10, 2024 | msn.com

Pembina Pipeline Corporation PFD 5 YR CL A 1 declares CAD 0.4078 dividend

April 10, 2024 | msn.com

Pembina Pipeline Corporation PFD CL A SER 3 declares $0.3761 dividend

April 10, 2024 | americanbankingnews.com

Pembina Pipeline Co. (TSE:PPL) Senior Officer J. Scott Burrows Sells 5,314 Shares

April 10, 2024 | americanbankingnews.com

Pembina Pipeline Co. (TSE:PPL) Director Henry William Sykes Buys 1,984 Shares of Stock

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 6, 2024 | investing.com

Pembina advances Cedar LNG project with key agreements

April 6, 2024 | americanbankingnews.com

Pembina Pipeline (TSE:PPL) Price Target Increased to C$56.00 by Analysts at ATB Capital

April 6, 2024 | americanbankingnews.com

Pembina Pipeline (TSE:PPL) Given New C$53.00 Price Target at TD Securities

April 6, 2024 | americanbankingnews.com

Pembina Pipeline (TSE:PPL) Reaches New 52-Week High After Analyst Upgrade

April 5, 2024 | finance.yahoo.com

Pembina Moves Ahead on Cedar LNG as Costs Rise to $3.4 Billion

April 5, 2024 | finance.yahoo.com

CORRECTED-UPDATE 1-Pembina says ARC Resources will supply natgas to Cedar LNG for liquefication (April 4)

April 5, 2024 | ca.finance.yahoo.com

Pembina says ARC Resources will supply natgas to Cedar LNG for liquefication (April 4)

April 4, 2024 | finance.yahoo.com

Pembina Pipeline Corporation (PBA)

April 4, 2024 | finance.yahoo.com

Pembina Pipeline Corporation Announces Significant Milestones Achieved on Cedar LNG

April 3, 2024 | theglobeandmail.com

Closing Bell: Pembina Pipeline Corp Pref Ser 3 down on Tuesday (PPL-PR-C)

April 1, 2024 | msn.com

Pembina Pipeline closes Alliance, Aux Sable purchases; raises guidance

April 1, 2024 | finance.yahoo.com

Enbridge Completes Sale of its Interests in Alliance Pipeline and Aux Sable

April 1, 2024 | finance.yahoo.com

Pembina Pipeline Corporation Announces Closing of Acquisition of Enbridge’s Interest in Alliance/Aux Sable and Raises 2024 Guidance

March 31, 2024 | msn.com

TFSA: Invest $20,000 and Get $860/Year of Predictable Passive Income

March 19, 2024 | reuters.com

Pembina Pipeline gets regulatory approval to buy Enbridge's JV interests

March 19, 2024 | finance.yahoo.com

Pembina Pipeline Corporation Receives Canadian Competition Bureau Approval for the Proposed Acquisition of Enbridge’s Interest in Alliance/Aux Sable

March 18, 2024 | finance.yahoo.com

With 60% ownership, Pembina Pipeline Corporation (TSE:PPL) boasts of strong institutional backing

March 13, 2024 | ca.finance.yahoo.com

BITF Aug 2024 5.500 put

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/15/2024
Next Earnings (Confirmed): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Midstream
Sub-Industry: N/A
Current Symbol: TSE:PPL
CUSIP: N/A
CIK: N/A
Web: www.pembina.com
Phone: +1-403-2317500
Fax: N/A
Employees: 2,349
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$52.42
High Stock Price Target: C$56.00
Low Stock Price Target: C$49.00
Potential Upside/Downside: +10.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.99
Trailing P/E Ratio: 15.90
Forward P/E Ratio: 15.65
P/E Growth: 4.8
Net Income: C$1.65 billion
Net Margins: 19.46%
Pretax Margin: N/A
Return on Equity: 11.24%
Return on Assets: 4.11%

Debt

Debt-to-Equity Ratio: 70.47
Current Ratio: 0.82
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: C$9.13 billion
Price / Sales: 2.86
Cash Flow: C$0.56 per share
Price / Cash Flow: 84.34
Book Value: C$24.80 per share
Price / Book: 1.92

Miscellaneous

Outstanding Shares: 549,470,000
Free Float: N/A
Market Cap: C$26.12 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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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 Corporation received Canadian Competition Bureau approval for the proposed acquisition of Enbridge’s interest in Alliance/Aux Sable, indicating strategic growth opportunities.
The company operates through three segments, including Pipelines, Facilities, and Marketing & New Ventures, providing diversified revenue streams.
Pembina Pipeline has a strong transportation capacity of 2.9 million barrels of oil equivalent per day, ensuring consistent revenue generation.
The company offers infrastructure for natural gas, condensate, and natural gas liquids, tapping into multiple energy markets.
Investors may find the current stock price of Pembina Pipeline Co. attractive for potential value appreciation.

Cons

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

Volatility in oil and gas prices could impact Pembina Pipeline's financial performance and stock value.

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 Wednesday, April 10, 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?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pembina Pipeline in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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?: 11 brokers have issued 1-year price objectives for Pembina Pipeline's stock. Their PPL share price targets range from C$49.00 to C$56.00. On average, they predict the company's stock price to reach C$52.42 in the next twelve months. This suggests a possible upside of 10.3% 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 4.2% and is now trading at C$47.54.
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, May 9th 2024.
View our PPL earnings forecast.
How were Pembina Pipeline's earnings last quarter?: Pembina Pipeline Co. (TSE:PPL) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.46. The business earned $2.47 billion during the quarter, compared to the consensus estimate of $2.47 billion. Pembina Pipeline had a net margin of 19.46% and a trailing twelve-month return on equity of 11.24%.

How often does Pembina Pipeline pay dividends? What is the dividend yield for Pembina Pipeline?: Pembina Pipeline declared a quarterly dividend on Thursday, November 2nd. Shareholders of record on Friday, December 15th will be paid a dividend of 0.668 per share on Friday, December 29th. This represents a $2.67 annualized dividend and a dividend yield of 5.62%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for PPL.
Is Pembina Pipeline a good dividend stock?: Pembina Pipeline (TSE:PPL) pays an annual dividend of C$2.67 per share and currently has a dividend yield of 5.61%. PPL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 89.30%. 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 4/16/2024 by MarketBeat.com Staff

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Pembina Pipeline (PPL) Stock Price, News & Analysis

Pembina Pipeline MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pembina Pipeline Stock (TSE:PPL)

PPL Stock Price History

PPL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

PPL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™