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Pembina Pipeline

Market Cap


Last Updated

2021/04/11 00:12 UTC

Data Sources

Company Financials +

Executive Summary

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. More Details

Snowflake Analysis

Average dividend payer with moderate growth potential.

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Share Price & News

How has Pembina Pipeline's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: PPL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PPL's weekly volatility (4%) has been stable over the past year.

Market Performance

7 Day Return




CA Oil and Gas


CA Market

1 Year Return




CA Oil and Gas


CA Market

Return vs Industry: PPL underperformed the Canadian Oil and Gas industry which returned 39.3% over the past year.

Return vs Market: PPL underperformed the Canadian Market which returned 39.2% over the past year.

Shareholder returns

7 Day-0.2%-0.3%0.9%
30 Day-4.2%1.2%3.0%
90 Day8.2%14.6%7.5%
1 Year38.4%28.1%47.0%39.3%43.9%39.2%
3 Year8.8%-9.4%-3.0%-14.9%32.5%19.8%
5 Year36.5%3.1%0.6%-17.3%59.3%35.1%

Long-Term Price Volatility Vs. Market

How volatile is Pembina Pipeline's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Pembina Pipeline undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PPL (CA$36.58) is trading below our estimate of fair value (CA$53.78)

Significantly Below Fair Value: PPL is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: PPL is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.

PE vs Market: PPL is unprofitable, so we can't compare its PE Ratio to the Canadian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PPL's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: PPL is overvalued based on its PB Ratio (1.7x) compared to the CA Oil and Gas industry average (1.4x).

Future Growth

How is Pembina Pipeline forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PPL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: PPL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PPL's is expected to become profitable in the next 3 years.

Revenue vs Market: PPL's revenue (5.7% per year) is forecast to grow slower than the Canadian market (7.2% per year).

High Growth Revenue: PPL's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PPL's Return on Equity is forecast to be low in 3 years time (11%).

Past Performance

How has Pembina Pipeline performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PPL is currently unprofitable.

Growing Profit Margin: PPL is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: PPL is unprofitable, but has reduced losses over the past 5 years at a rate of 16% per year.

Accelerating Growth: Unable to compare PPL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PPL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-31.2%).

Return on Equity

High ROE: PPL has a negative Return on Equity (-2.1%), as it is currently unprofitable.

Financial Health

How is Pembina Pipeline's financial position?

Financial Position Analysis

Short Term Liabilities: PPL's short term assets (CA$989.0M) do not cover its short term liabilities (CA$1.8B).

Long Term Liabilities: PPL's short term assets (CA$989.0M) do not cover its long term liabilities (CA$14.6B).

Debt to Equity History and Analysis

Debt Level: PPL's debt to equity ratio (72.4%) is considered high.

Reducing Debt: PPL's debt to equity ratio has increased from 44.8% to 72.4% over the past 5 years.

Debt Coverage: PPL's debt is well covered by operating cash flow (20.7%).

Interest Coverage: PPL is unprofitable, therefore interest payments are not well covered by earnings.

Balance Sheet


What is Pembina Pipeline current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

TodayApr 11 2021Ex Dividend DateApr 22 2021Dividend Pay DateMay 14 202122 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PPL's dividend (6.89%) is higher than the bottom 25% of dividend payers in the Canadian market (1.47%).

High Dividend: PPL's dividend (6.89%) is in the top 25% of dividend payers in the Canadian market (4.73%)

Stability and Growth of Payments

Stable Dividend: PPL's dividends per share have been stable in the past 10 years.

Growing Dividend: PPL's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: PPL is paying a dividend but the company is unprofitable.

Future Payout to Shareholders

Future Dividend Coverage: PPL's dividends in 3 years are not forecast to be well covered by earnings (111.4% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Mick Dilger (57 yo)





Mr. Michael H. Dilger, also known as Mick, has been the Chief Executive Officer and President of Pembina NGL Corporation since January 2014 and serves as its President since February 15, 2012. Mr. Dilger h...

CEO Compensation Analysis

Compensation vs Market: Mick's total compensation ($USD6.35M) is about average for companies of similar size in the Canadian market ($USD7.19M).

Compensation vs Earnings: Mick's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: PPL's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Experienced Board: PPL's board of directors are considered experienced (6.3 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: PPL insiders have sold more shares than they have bought in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Pembina Pipeline Corporation's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Pembina Pipeline Corporation
  • Ticker: PPL
  • Exchange: TSX
  • Founded: 1954
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: CA$20.117b
  • Shares outstanding: 549.95m
  • Website:

Number of Employees


  • Pembina Pipeline Corporation
  • 585 - 8th Avenue South West
  • Suite 4000
  • Calgary
  • Alberta
  • T2P 1G1
  • Canada



Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines s...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 00:12
End of Day Share Price2021/04/09 00:00
Annual Earnings2020/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.