TSX:PPLOil and Gas
Pembina Pipeline (TSX:PPL) Stock Drifts As Profit Strength Meets Project Risk
Pembina Pipeline stock has been treading water, edging down about 5% over the past week to close at CA$68.54 on 31 July. That muted move sits awkwardly against a quarter where earnings did the heavy lifting. Q2 2026 net income reached CA$512 million with basic EPS at CA$0.88, both supported by adjusted EBITDA of CA$1.064b and full year guidance kept intact.
For a midstream and marketing business that investors often label as a slow and steady income vehicle, this report was really about...