Pembina Pipeline Corporation (PBA)

NYSE: PBA · IEX Real-Time Price · USD
35.34
+0.25 (0.71%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.71%
Market Cap 19.28B
Revenue (ttm) 6.86B
Net Income (ttm) 1.24B
Shares Out 549.47M
EPS (ttm) 2.21
PE Ratio 16.00
Forward PE 11.77
Dividend $1.98 (5.59%)
Ex-Dividend Date Mar 14, 2024
Volume 856,883
Open 35.17
Previous Close 35.09
Day's Range 35.03 - 35.40
52-Week Range 28.15 - 36.17
Beta 1.48
Analysts Strong Buy
Price Target 51.00 (+44.31%)
Earnings Date May 2, 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 2 analysts, the average rating for PBA stock is "Strong Buy." The 12-month stock price forecast is $51.0, which is an increase of 44.31% from the latest price.

Price Target
$51.0
(44.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

9 days 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...

10 days 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...

27 days 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...

4 weeks 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...

5 weeks 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...

6 weeks 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...

2 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...

2 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...

2 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 ...

2 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...

3 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
3 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...

3 months ago - GlobeNewsWire

Pembina Pipeline Corporation Announces 2024 Guidance and Provides Business Update

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its 2024 financial guidance and provided a business update. Highlight...

3 months ago - Business Wire

Pembina Pipeline Corporation Announces Conversion Results for Series 1 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...

4 months ago - Business Wire

Pembina Pipeline Corporation Reports Record Results for the Third Quarter 2023, Raises 2023 Guidance 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 third quarter of 2023. Hi...

5 months ago - Business Wire

Pembina Pipeline Corporation Provides Notice of Series 1 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...

5 months ago - Business Wire

Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends and Announces Third 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 ...

6 months ago - Business Wire

Pembina Pipeline Corporation Reports Results for the Second Quarter 2023 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 second quarter of 2023. H...

8 months ago - Business Wire

Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends and Announces Second 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 ...

9 months ago - Business Wire

Pembina Pipeline Corporation Announces Closing of $500 Million 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 $500 m...

10 months ago - Business Wire

Pembina Pipeline Corporation Announces $500 Million 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 $500 million aggregate principal amount o...

10 months ago - Business Wire

Pembina Pipeline Announces Agreement with Marubeni Corporation to Develop a Low Carbon Ammonia Project and Outlines Vision for Pembina Low Carbon Complex

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) is pleased to announce today the signing of a Memorandum of Agreement ("MOA") with Marubeni Corporatio...

10 months ago - Business Wire

Pembina Pipeline Corporation Provides Additional Update on Wildfires

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) today provided an update on the operational impacts of the wildfires in Alberta and British Columbia. ...

11 months ago - Business Wire

Alberta wildfires halt some energy companies' operations

A number of energy companies, including Cenovus Energy CVE and Obsidian Energy OBE, halted some operations due to Alberta wildfires.

Other symbols: BTECPGCVEOBE
11 months ago - Market Watch