Pembina Pipeline Corporation (PBA)

NYSE: PBA · IEX Real-Time Price · USD
36.94
-0.16 (-0.43%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.43%
Market Cap 20.30B
Revenue (ttm) 6.15B
Net Income (ttm) 1.26B
Shares Out 549.58M
EPS (ttm) 2.28
PE Ratio 16.17
Forward PE 11.33
Dividend $2.02 (5.46%)
Ex-Dividend Date Jun 17, 2024
Volume 490,114
Open 37.21
Previous Close 37.10
Day's Range 36.84 - 37.23
52-Week Range 28.15 - 37.48
Beta 1.48
Analysts Strong Buy
Price Target 53.00 (+43.48%)
Earnings Date May 9, 2024

About PBA

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 Amer... [Read more]

Sector Energy
Founded 1997
Employees 2,669
Stock Exchange NYSE
Ticker Symbol PBA
Full Company Profile

Financial Performance

In 2023, PBA's revenue was 9.13 billion, a decrease of -21.41% compared to the previous year's 11.61 billion. Earnings were 1.65 billion, a decrease of -42.01%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PBA stock is "Strong Buy." The 12-month stock price forecast is $53.0, which is an increase of 43.48% from the latest price.

Price Target
$53.0
(43.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Unveiling the HPC Future with xFusion at ISC 2024

HAMBURG, Germany--(BUSINESS WIRE)--xFusion Digital Technologies Co., Ltd. (xFusion) dazzled attendees with its top-of-the-range computing products and solutions at the prestigious ISC High Performance...

Other symbols: GO
1 day ago - Business Wire

Pembina Pipeline Corporation Announces Conversion Results for Series 5 Preferred Shares

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Seri...

1 day ago - Business Wire

Canada's Pembina Pipeline expects investment decision on Cedar LNG project in June

Pembina Pipeline Corp said on Thursday progress on its proposed $4 billion Cedar project remains on track and a final investment decision (FID) is expected in June on what would be one of Canada's fir...

2 days ago - Reuters

Pembina Pipeline Corporation Hosting 2024 Investor Day

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) will hold its 2024 Investor Day today in Toronto, Ontario, beginning at 8:30 a.m. ET....

2 days ago - Business Wire

Pembina Pipeline Corporation Announces Renewal of Share Repurchase Program

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that the Toronto Stock Exchange (the "TSX") has approved the renewal ...

5 days ago - Business Wire

Pembina Pipeline Corporation Reports Voting Results from 2024 Annual Meeting of Shareholders

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) reported the voting results from its annual meeting of common shareholders held virtu...

8 days ago - Business Wire

Pembina Pipeline Corporation Reports Strong Results for the First Quarter 2024 and Raises Quarterly Common Share Dividend

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the first quarter of 2024. Hi...

9 days ago - Business Wire

Pembina Pipeline Corporation Provides Notice of Series 5 Preferred Share Conversion Right and Announces Reset Dividend Rates

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently...

16 days ago - Business Wire

Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends and Announces First Quarter 2024 Results Conference Call and Webcast

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the ...

5 weeks ago - Business Wire

Pembina Pipeline Corporation Announces Significant Milestones Achieved on Cedar LNG

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) with its partner the Haisla Nation are pleased to announce the significant progress a...

6 weeks ago - Business Wire

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

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has completed its previously announced acquisition of ...

6 weeks ago - Business Wire

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

CALGARY, AB , April 1, 2024 /PRNewswire/ - Enbridge Inc. ("Enbridge" or "the Company") (TSX: ENB) (NYSE: ENB) announced today the closing of the agreement to sell its 50.0% interest in Alliance Pipeli...

Other symbols: ENB
6 weeks ago - PRNewsWire

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

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has received a "no-action letter" from the Canadian Co...

2 months ago - Business Wire

Pembina Pipeline Corporation Announces Conversion Results for Series 17 Preferred Shares

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Seri...

2 months ago - Business Wire

Pembina Pipeline Corporation Provides Notice of Series 17 Preferred Share Conversion Right and Announces Reset Dividend Rates

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently...

2 months ago - Business Wire

Pembina Pipeline Corporation Files 2023 Year-End Disclosure Documents

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has filed its audited consolidated financial statements for the year ended December 3...

3 months ago - Business Wire

Pembina Pipeline Corporation Reports Record Results for the Fourth Quarter 2023, Provides Business Update, and Declares Quarterly Common Share Dividend

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the fourth quarter and full y...

3 months ago - Business Wire

Pembina Pipeline Corporation Announces Conversion Results for Series 3 Preferred Shares

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Seri...

3 months ago - Business Wire

Pembina Pipeline Corporation Provides Notice of Series 3 Preferred Share Conversion Right and Announces Reset Dividend Rates

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently...

3 months ago - Business Wire

Pembina Pipeline Corporation Announces Closing of $1.8 Billion Public Note Offering

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $1.8 b...

4 months ago - Business Wire

Pembina Pipeline Corporation Announces $1.8 Billion Public Note Offering

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has agreed to issue $1.8 billion aggregate principal amount o...

4 months ago - Business Wire

Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends and Announces Fourth Quarter 2023 Results Conference Call and Webcast

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the ...

4 months ago - Business Wire

Pembina Pipeline Corporation Announces Closing of $1.28 Billion Bought Deal Offering of Subscription Receipts

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced bought deal offeri...

5 months ago - Business Wire

Enbridge Announces $3.1 Billion Sale of its Interests in Alliance Pipeline and Aux Sable

CALGARY, AB , Dec. 13, 2023 /PRNewswire/ - Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement to sell its 50.0% interest in Alliance Pipe...

Other symbols: ENB
5 months ago - PRNewsWire

Pembina Announces Accretive Consolidation of Alliance Pipeline and Aux Sable, and Concurrent $1.1 Billion Bought Deal Offering of Subscription Receipts

All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBI...

5 months ago - GlobeNewsWire