Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America.
Established dividend payer with proven track record.
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: P5P has not had significant price volatility in the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: P5P underperformed the German Oil and Gas industry which returned 56.8% over the past year.
Return vs Market: P5P exceeded the German Market which returned 6.1% over the past year.
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
No news available
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: P5P (€36.4) is trading below our estimate of fair value (€75.81)
Significantly Below Fair Value: P5P is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: P5P is poor value based on its PE Ratio (16.8x) compared to the Oil and Gas industry average (10.2x).
PE vs Market: P5P is good value based on its PE Ratio (16.8x) compared to the German market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: P5P is poor value based on its PEG Ratio (20.2x)
Price to Book Ratio
PB vs Industry: P5P is overvalued based on its PB Ratio (2.2x) compared to the DE Oil and Gas industry average (1.2x).
How is Pembina Pipeline forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: P5P's forecast earnings growth (0.8% per year) is above the savings rate (-0.4%).
Earnings vs Market: P5P's earnings (0.8% per year) are forecast to grow slower than the German market (13% per year).
High Growth Earnings: P5P's earnings are forecast to grow, but not significantly.
Revenue vs Market: P5P's revenue (6.9% per year) is forecast to grow faster than the German market (5.1% per year).
High Growth Revenue: P5P's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: P5P's Return on Equity is forecast to be low in 3 years time (10.6%).
How has Pembina Pipeline performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P5P has high quality earnings.
Growing Profit Margin: P5P's current net profit margins (22%) are higher than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: P5P's earnings have grown significantly by 36.7% per year over the past 5 years.
Accelerating Growth: P5P's earnings growth over the past year (28.4%) is below its 5-year average (36.7% per year).
Earnings vs Industry: P5P earnings growth over the past year (28.4%) exceeded the Oil and Gas industry -5.2%.
Return on Equity
High ROE: P5P's Return on Equity (11.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Pembina Pipeline's financial position?
Financial Position Analysis
Short Term Liabilities: P5P's short term assets (CA$1.4B) do not cover its short term liabilities (CA$1.5B).
Long Term Liabilities: P5P's short term assets (CA$1.4B) do not cover its long term liabilities (CA$11.9B).
Debt to Equity History and Analysis
Debt Level: P5P's debt to equity ratio (56.2%) is considered high.
Reducing Debt: P5P's debt to equity ratio has increased from 39.3% to 56.2% over the past 5 years.
Debt Coverage: P5P's debt is well covered by operating cash flow (29.8%).
Interest Coverage: P5P's interest payments on its debt are well covered by EBIT (6x coverage).
Inventory Level: P5P has a high level of physical assets or inventory.
Debt Coverage by Assets: P5P's debt is not covered by short term assets (assets are 0.2x debt).
What is Pembina Pipeline's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: P5P's dividend (4.81%) is higher than the bottom 25% of dividend payers in the German market (1.43%).
High Dividend: P5P's dividend (4.81%) is in the top 25% of dividend payers in the German market (3.8%)
Stability and Growth of Payments
Stable Dividend: P5P's dividends per share have been stable in the past 10 years.
Growing Dividend: P5P's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.9%), P5P's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: P5P's dividends in 3 years are not forecast to be well covered by earnings (91.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mick Dilger (56yo)
Mr. Michael H. Dilger, also known as Mick, has been the Chief Executive Officer and President of Pembina NGL Corporation since January 2014 and serves as its President since February 15, 2012. Mr. Dilger h ...
CEO Compensation Analysis
Compensation vs Market: Mick's total compensation ($USD5.37M) is about average for companies of similar size in the German market ($USD4.53M).
Compensation vs Earnings: Mick's compensation has increased by more than 20% in the past year.
|Senior VP & CFO||5.1yrs||CA$2.32m||0.0021% CA$410.8k|
|Senior VP of External Affairs & Chief Legal Officer||6.8yrs||CA$1.65m||0.0017% CA$337.3k|
|Senior VP of Marketing & New Ventures and Corporate Development Officer||2.1yrs||CA$2.39m||0.0033% CA$652.8k|
|Senior VP & Corporate Services Officer||6.4yrs||CA$2.27m||0.0035% CA$696.5k|
|Vice President of Technical Services||0yrs||no data||0.0013% CA$250.0k|
|Investor Relations Analyst||0yrs||no data||no data|
|Vice President of Human Resources||0yrs||no data||0.0013% CA$254.0k|
|Senior VP & COO of Pipelines||2.1yrs||no data||0.0013% CA$250.0k|
|Senior VP & COO of Facilities||2.1yrs||no data||0.0010% CA$208.4k|
Experienced Management: P5P's management team is seasoned and experienced (5.1 years average tenure).
|Independent Director||11.2yrs||CA$215.01k||0.0055% CA$1.1m|
|Chairman of the Board||5.8yrs||CA$372.51k||0.026% CA$5.1m|
|Independent Director||5.1yrs||CA$230.99k||0.0015% CA$303.6k|
|Independent Director||7.8yrs||CA$220.00k||0.0020% CA$398.8k|
|Independent Director||9.5yrs||CA$227.49k||0.011% CA$2.1m|
|Independent Director||20.1yrs||CA$211.27k||0.082% CA$16.2m|
|Independent Director||2.8yrs||CA$284.76k||0.0026% CA$508.0k|
|Independent Director||2.3yrs||CA$207.50k||0.0023% CA$456.4k|
|Independent Director||5.3yrs||CA$291.71k||0.0036% CA$718.3k|
Experienced Board: P5P's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 company bio, employee growth, exchange listings and data sources
- Name: Pembina Pipeline Corporation
- Ticker: P5P
- Exchange: DB
- Founded: 1997
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: CA$28.686b
- Listing Market Cap: CA$19.843b
- Shares outstanding: 547.75m
- Website: https://www.pembina.com
Number of Employees
- Pembina Pipeline Corporation
- 585 - 8th Avenue South West
- Suite 4000
- T2P 1G1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PPL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Oct 1998|
|P5P||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 1998|
|PBA||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Oct 1998|
|PPL.PRA||TSX (The Toronto Stock Exchange)||PFD 5 YR CL A 1||CA||CAD||Jul 2013|
|PBNA.F||OTCPK (Pink Sheets LLC)||PFD 5 YR CL A 1||US||USD||Jul 2013|
|PPL.PRC||TSX (The Toronto Stock Exchange)||PFD CL A SER 3||CA||CAD||Oct 2013|
|PPL.PRE||TSX (The Toronto Stock Exchange)||CUM RE CL A PFD5||CA||CAD||Jan 2014|
|PPL.PRG||TSX (The Toronto Stock Exchange)||PFD CL A SER 7||CA||CAD||Sep 2014|
|PPL.PRI||TSX (The Toronto Stock Exchange)||PFD CL A SER 9||CA||CAD||Apr 2015|
|PPL.PRK||TSX (The Toronto Stock Exchange)||PFD CL A SER 11||CA||CAD||Jan 2016|
|PPL.PRM||TSX (The Toronto Stock Exchange)||CUM REDM PFD A||CA||CAD||Apr 2016|
|PPL.PRO||TSX (The Toronto Stock Exchange)||PFD CL A SER 15||CA||CAD||Oct 2017|
|PPL.PRS||TSX (The Toronto Stock Exchange)||PFD CL A SER 19||CA||CAD||Oct 2017|
|PPL.PRQ||TSX (The Toronto Stock Exchange)||PFD CL A SER 17||CA||CAD||Oct 2017|
|PPL.PF.E||TSX (The Toronto Stock Exchange)||PFD CL A SER 25||CA||CAD||Dec 2019|
|PPL.PF.C||TSX (The Toronto Stock Exchange)||PFD CL A SER 23||CA||CAD||Dec 2019|
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three divisions: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines division operates conventional, transmission, and oil sands and heavy oil pipeline assets with a total capacity of 3 million barrels of oil serving markets and basins across North America through conventional, transmission, and oil sand pipelines assets. The Facilities division offers processing and fraction facilities, and other infrastructure related services to provide customers with natural gas and natural gas liquid services, as well as natural gas liquids fractionation, cavern storage, and loading and off-loading facilities. The Marketing & New Ventures division buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was founded in 1997 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 21:51|
|End of Day Share Price||2020/02/25 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.