PPL Stock Overview
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry.
Pembina Pipeline Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$47.99|
|52 Week High||CA$53.58|
|52 Week Low||CA$37.02|
|1 Month Change||5.61%|
|3 Month Change||-2.70%|
|1 Year Change||18.52%|
|3 Year Change||-1.96%|
|5 Year Change||21.43%|
|Change since IPO||511.34%|
Recent News & Updates
|PPL||CA Oil and Gas||CA Market|
Return vs Industry: PPL underperformed the Canadian Oil and Gas industry which returned 48.4% over the past year.
Return vs Market: PPL exceeded the Canadian Market which returned 0.7% over the past year.
|PPL Average Weekly Movement||3.7%|
|Oil and Gas Industry Average Movement||11.1%|
|Market Average Movement||10.6%|
|10% most volatile stocks in CA Market||19.0%|
|10% least volatile stocks in CA Market||4.3%|
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.
About the Company
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 segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.1 millions of barrels of oil equivalent per day, ground storage of 11 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.
Pembina Pipeline Fundamentals Summary
|PPL fundamental statistics|
Is PPL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PPL income statement (TTM)|
|Cost of Revenue||CA$8.12b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.58|
|Net Profit Margin||13.20%|
How did PPL perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Does PPL pay a reliable dividends?See PPL dividend history and benchmarks
|Pembina Pipeline dividend dates|
|Ex Dividend Date||Aug 24 2022|
|Dividend Pay Date||Sep 15 2022|
|Days until Ex dividend||10 days|
|Days until Dividend pay date||32 days|
Does PPL pay a reliable dividends?See PPL dividend history and benchmarks
Is PPL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PPL?
Other financial metrics that can be useful for relative valuation.
|What is PPL's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PPL's PE Ratio compare to its peers?
|PPL PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
TRP TC Energy
GEI Gibson Energy
PPL Pembina Pipeline
Price-To-Earnings vs Peers: PPL is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (20.4x).
Price to Earnings Ratio vs Industry
How does PPL's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Earnings vs Industry: PPL is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the Canadian Oil and Gas industry average (5.8x)
Price to Earnings Ratio vs Fair Ratio
What is PPL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||18.6x|
|Fair PE Ratio||14.6x|
Price-To-Earnings vs Fair Ratio: PPL is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).
Share Price vs Fair Value
What is the Fair Price of PPL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PPL (CA$47.99) is trading below our estimate of fair value (CA$59.32)
Significantly Below Fair Value: PPL is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Pembina Pipeline forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PPL's forecast earnings growth (1.8% per year) is above the savings rate (1.6%).
Earnings vs Market: PPL's earnings (1.8% per year) are forecast to grow slower than the Canadian market (8.2% per year).
High Growth Earnings: PPL's earnings are forecast to grow, but not significantly.
Revenue vs Market: PPL's revenue is expected to decline over the next 3 years (-10.7% per year).
High Growth Revenue: PPL's revenue is forecast to decline over the next 3 years (-10.7% 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 (12.3%).
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How has Pembina Pipeline performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPL has high quality earnings.
Growing Profit Margin: PPL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PPL's earnings have declined by 8.1% per year over the past 5 years.
Accelerating Growth: PPL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PPL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (151%).
Return on Equity
High ROE: PPL's Return on Equity (10.6%) is considered low.
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How is Pembina Pipeline's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PPL's short term assets (CA$4.5B) exceed its short term liabilities (CA$3.5B).
Long Term Liabilities: PPL's short term assets (CA$4.5B) do not cover its long term liabilities (CA$13.4B).
Debt to Equity History and Analysis
Debt Level: PPL's net debt to equity ratio (74.8%) is considered high.
Reducing Debt: PPL's debt to equity ratio has increased from 57.1% to 75.3% over the past 5 years.
Debt Coverage: PPL's debt is well covered by operating cash flow (25.8%).
Interest Coverage: PPL's interest payments on its debt are well covered by EBIT (5.4x coverage).
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What is Pembina Pipeline current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PPL's dividend (5.25%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: PPL's dividend (5.25%) is low compared to the top 25% of dividend payers in the Canadian market (5.31%).
Stability and Growth of Payments
Stable Dividend: PPL's dividends per share have been stable in the past 10 years.
Growing Dividend: PPL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97%), PPL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.8%), PPL's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
J. Burrows (42 yo)
Mr. J. Scott Burrows has been Chief Executive Officer, President and Director at Pembina Pipeline Corporation since February 22, 2022. Mr. Burrows served as Interim President & Chief Executive Officer at P...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD5.92M) is about average for companies of similar size in the Canadian market ($USD7.38M).
Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.
Experienced Management: PPL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: PPL's board of directors are considered experienced (5 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pembina Pipeline Corporation's employee growth, exchange listings and data sources
- Name: Pembina Pipeline Corporation
- Ticker: PPL
- Exchange: TSX
- Founded: 1954
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: CA$26.633b
- Shares outstanding: 554.98m
- Website: https://www.pembina.com
Number of Employees
- Pembina Pipeline Corporation
- 585 - 8th Avenue South West
- Suite 4000
- T2P 1G1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.