Pembina Pipeline Ownership

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

Recent Insider Transactions

DB:P5P Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Aug 25	Buy€152,809	Andy Mah	Individual	5,000	€30.56
11 Aug 25	Buy€93,825	Stuart Taylor	Individual	3,050	€30.76
11 Aug 25	Buy€138,794	J. Burrows	Individual	4,500	€30.84
11 Aug 25	Buy€122,647	Jaret Sprott	Individual	4,000	€30.66
11 Aug 25	Buy€185,059	Cameron Goldade	Individual	6,000	€30.84
11 Aug 25	Buy€310,988	Eva Bishop	Individual	10,125	€30.71
06 Jun 25	Buy€6,609	Cameron Goldade	Individual	200	€33.04
09 Apr 25	Buy€127,966	Andy Mah	Individual	4,105	€31.17
04 Apr 25	Buy€37,745	Henry Sykes	Individual	1,100	€34.31
04 Apr 25	Buy€63,894	Jaret Sprott	Individual	1,875	€34.08
21 Mar 25	Buy€73,460	J. Burrows	Individual	2,000	€36.73
19 Mar 25	Buy€90,626	Jaret Sprott	Individual	2,500	€36.25
03 Mar 25	Buy€36,676	J. Burrows	Individual	1,000	€36.68

Insider Trading Volume

Insider Buying: P5P insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of P5P?
Owner Type	Number of Shares	Ownership Percentage
State or Government	335,476	0.0577%
Individual Insiders	438,363	0.0755%
General Public	216,530,144	37.3%
Institutions	363,628,017	62.6%

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

Top Shareholders

Top 25 shareholders own 41.5% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.62%	RBC Dominion Securities Inc., Asset Management Arm	32,654,409	€1.1b	46.7%	0.93%
4.5%	The Vanguard Group, Inc.	26,114,982	€873.2m	3.24%	0.01%
3.31%	BMO Asset Management Corp.	19,233,147	€643.1m	-9.58%	0.27%
2.94%	Fidelity International Ltd	17,051,899	€570.1m	12.5%	0.24%
2.2%	Mackenzie Financial Corporation	12,787,309	€427.6m	-3.98%	0.47%
2.15%	Goldman Sachs Group, Investment Banking and Securities Investments	12,463,138	€416.7m	104%	0.17%
2.06%	Royal Bank of Canada, Banking & Securities Investments	11,957,362	€399.8m	26.7%	0.21%
1.9%	Canadian Imperial Bank of Commerce, Asset Management Arm	11,035,262	€369.0m	-16.7%	0.86%
1.57%	RREEF America L.L.C.	9,146,170	€305.8m	-18.6%	2.04%
1.52%	RBC Global Asset Management Inc.	8,818,199	€294.8m	6.24%	0.18%
1.3%	CIBC Asset Management Inc.	7,547,536	€252.4m	47.4%	0.48%
1.26%	TD Asset Management, Inc.	7,298,690	€244.0m	5%	0.19%
1.05%	National Bank Investments Inc.	6,124,802	€204.8m	2.87%	0.23%
1.05%	Norges Bank Investment Management	6,111,385	€204.3m	31.2%	0.02%
0.99%	Merrill Lynch & Co. Inc., Banking Investments	5,748,091	€192.2m	17.9%	0.07%
0.98%	Scotiabank Global Banking and Markets, Asset Management Division	5,707,714	€190.8m	9.12%	0.99%
0.94%	ClearBridge Investments Limited	5,448,687	€182.2m	0.54%	3.27%
0.89%	Toronto-Dominion Bank, Banking Investments	5,175,444	€173.0m	-5.98%	0.27%
0.89%	Manulife Asset Management	5,169,664	€172.9m	29.4%	0.14%
0.83%	Geode Capital Management, LLC	4,846,067	€162.0m	19.9%	0.01%
0.81%	The Bank of Nova Scotia, Banking Investments	4,686,314	€156.7m	-14.4%	0.35%
0.74%	Legal & General Investment Management Limited	4,314,026	€144.2m	-5.31%	0.03%
0.7%	Connor, Clark & Lunn Investment Management Ltd.	4,038,281	€135.0m	-11.9%	0.49%
0.67%	Tortoise Capital Advisors, L.L.C.	3,871,831	€129.5m	-5.63%	1.89%
0.64%	Leith Wheeler Investment Counsel Ltd.	3,741,703	€125.1m	0%	2.58%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/09/14 04:07
End of Day Share Price	2025/09/12 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Pembina Pipeline Corporation is covered by 38 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
null null	Argus Research Company
Nathan Heywood	ATB Capital Markets