Pembina Pipeline Corporation (PBA)

NYSE: PBA · Real-Time Price · USD
42.96
-0.09 (-0.21%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-0.21%
Market Cap 24.92B
Revenue (ttm) 6.93B
Net Income (ttm) 1.33B
Shares Out 580.21M
EPS (ttm) 2.38
PE Ratio 18.73
Forward PE 19.89
Dividend $2.03 (4.72%)
Ex-Dividend Date Sep 16, 2024
Volume 521,162
Open 43.17
Previous Close 43.05
Day's Range 42.74 - 43.23
52-Week Range 30.23 - 43.44
Beta 1.48
Analysts Buy
Price Target 57.00 (+32.68%)
Earnings Date Nov 5, 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, Pembina Pipeline'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 one analyst, the rating for PBA stock is "Buy" and the 12-month stock price forecast is $57.0.

Price Target
$57.0
(32.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Pembina Pipelines: Preferreds Getting Expensive, But We Are Still Playing One

Pembina's recent acquisitions were expensive on EBITDA multiples and show the limited opportunities that it has for organic growth. Pembina Preferred shares can be categorized into three groups: short...

14 days ago - Seeking Alpha

Midstream Energy - Relative Quality

Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...

Other symbols: AMCAPLCQPDKLDTMENBENLC
17 days ago - Seeking Alpha

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

19 days ago - Business Wire

Pembina Pipeline: A Steady Flow Of Income And Growth

Pembina Pipeline Corp. offers a 4.9% dividend yield, supported by strong business fundamentals, fee-based revenue, and strategic acquisitions. PBA achieved a 33% YoY EBITDA increase and raised 2024 gu...

5 weeks ago - Seeking Alpha

Pembina Pipeline Corporation Announces Pembina Gas Infrastructure's Agreement to Acquire Midstream Assets From Veren Inc.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that Pembina Gas Infrastructure Inc. ("PGI"), a Western Canadi...

6 weeks ago - Business Wire

Pembina Pipeline Corporation (PBA) Q2 2024 Earnings Call Transcript

Pembina Pipeline Corporation. (NYSE:PBA) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Dan Tucunel - VP, Capital Markets Cameron Goldade - SVP and CFO Scott Burrows...

2 months ago - Seeking Alpha

Pembina Pipeline Corporation Reports Record Results for the Second Quarter 2024 and Raises Full Year Guidance

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 2024. H...

2 months ago - Business Wire

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

3 months ago - Business Wire

Pembina Pipeline Corporation Announces Completion of Partial Redemption of Series 19 Medium Term Notes

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it completed the previously announced redemption of $150 million...

3 months ago - Business Wire

Pembina Pipelines: Why We Bought The 8.31% Yielding Preferreds

Pembina Pipeline Corporation reported strong Q1-2024 results, beating analyst estimates. Pembina reached FID on Cedar LNG and also acquired assets from Whitecap Resources. We tell you why we went with...

3 months ago - Seeking Alpha

Pembina Pipeline Corporation Announces Pembina Gas Infrastructure's Acquisition of Working Interests From Whitecap Resources and New Long-term Agreements

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that Pembina Gas Infrastructure Inc. (“PGI”), a premier gas pr...

3 months ago - Business Wire

Pembina Pipeline Corporation Announces Closing of $950 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 $950 m...

4 months ago - Business Wire

Pembina Pipeline Corporation Announces $950 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 $950 million aggregate principal amount o...

4 months ago - Business Wire

Superscapes Partners with Irving-based On Duty Tree & Landscape Expanding Its Footprint and Portfolio of Services

DALLAS--(BUSINESS WIRE)--Superscapes, an industry leading provider of commercial landscaping services, is pleased to announce the acquisition of On Duty Tree & Landscape (On Duty), marking a strategic...

Other symbols: ALL
4 months ago - Business Wire

Pembina Pipeline Corporation Announces Intention to Redeem its Series 19 Medium Term Notes

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it intends to exercise its option to redeem all or a portion of ...

4 months ago - Business Wire

Cedar LNG Announces Positive Final Investment Decision

KITAMAAT VILLAGE, British Columbia--(BUSINESS WIRE)--The Haisla Nation and Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA), partners in Cedar LNG Partners LP ("Cedar LNG"), today announ...

4 months ago - Business Wire

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
5 months 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...

5 months 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...

5 months 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....

5 months 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 months 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...

5 months ago - Business Wire

Pembina Pipeline Corporation (PBA) Q1 2024 Earnings Call Transcript

Pembina Pipeline Corporation (NYSE:PBA) Q1 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Company Participants Dan Tucunel - VP, Capital Markets Cameron Goldade - SVP and CFO Scott Burrows - ...

5 months ago - Seeking Alpha

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...

5 months 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...

6 months ago - Business Wire