PBA 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$32.09|
|52 Week High||CA$34.73|
|52 Week Low||CA$25.38|
|1 Month Change||9.15%|
|3 Month Change||-5.14%|
|1 Year Change||12.36%|
|3 Year Change||-3.05%|
|5 Year Change||0.094%|
|Change since IPO||40.52%|
Recent News & Updates
Pembina Pipeline: Return To Growth, Possible Forward Dividend Growth
Pembina Pipeline is one of the largest pipeline companies in North America, boasting a commanding position in the WCSB in Canada. The WCSB has essentially undone all of the production declines inflicted by the pandemic, and the business environment is now stronger than in 2019. This has a very real likelihood of driving up Pembina Pipeline's volumes, which should reflect itself in growth. The company is poised to deliver fairly strong cash flow growth in 2022 as some of its new projects come online. The 6.77% dividend appears sustainable and could increase going forward, providing for a better yield-on-cost.
Pembina Pipeline's Dip Is An Opportunity
Pembina Pipeline has begun one of its customary dips into the $20s. In the past, these have proven transient and a good buying opportunity. Pembina's fundamentals are intact despite a management change and some recent missteps such as the failed Jordan Cove project. If you are looking for a good monthly payer at a fair price, Pembina should be on your watchlist.
|PBA||US Oil and Gas||US Market|
Return vs Industry: PBA underperformed the US Oil and Gas industry which returned 46.8% over the past year.
Return vs Market: PBA exceeded the US Market which returned 10.2% over the past year.
|PBA Average Weekly Movement||3.1%|
|Oil and Gas Industry Average Movement||7.3%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: PBA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PBA's weekly volatility (3%) 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 145 thousands of barrels of oil equivalent per day serving markets and basins across North America.
Pembina Pipeline Fundamentals Summary
|PBA fundamental statistics|
Is PBA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PBA income statement (TTM)|
|Cost of Revenue||CA$5.63b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 24, 2022
|Earnings per share (EPS)||-0.37|
|Net Profit Margin||-2.56%|
How did PBA perform over the long term?See historical performance and comparison
6.3%Current Dividend Yield
Does PBA pay a reliable dividends?See PBA dividend history and benchmarks
|Pembina Pipeline dividend dates|
|Ex Dividend Date||Jan 24 2022|
|Dividend Pay Date||Feb 15 2022|
|Days until Ex dividend||4 days|
|Days until Dividend pay date||26 days|
Does PBA pay a reliable dividends?See PBA dividend history and benchmarks
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: PBA ($32.09) is trading below our estimate of fair value ($34.1)
Significantly Below Fair Value: PBA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PBA is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: PBA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBA is good value based on its PB Ratio (1.8x) compared to the US Oil and Gas industry average (2.2x).
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: PBA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: PBA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PBA's is expected to become profitable in the next 3 years.
Revenue vs Market: PBA's revenue (2.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: PBA's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PBA's Return on Equity is forecast to be low in 3 years time (11.7%).
How has Pembina Pipeline performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBA is currently unprofitable.
Growing Profit Margin: PBA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PBA is unprofitable, and losses have increased over the past 5 years at a rate of 12.9% per year.
Accelerating Growth: Unable to compare PBA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PBA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (17.4%).
Return on Equity
High ROE: PBA has a negative Return on Equity (-0.37%), as it is currently unprofitable.
How is Pembina Pipeline's financial position?
Financial Position Analysis
Short Term Liabilities: PBA's short term assets (CA$1.3B) do not cover its short term liabilities (CA$2.4B).
Long Term Liabilities: PBA's short term assets (CA$1.3B) do not cover its long term liabilities (CA$14.7B).
Debt to Equity History and Analysis
Debt Level: PBA's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: PBA's debt to equity ratio has increased from 46.4% to 76% over the past 5 years.
Debt Coverage: PBA's debt is well covered by operating cash flow (24.4%).
Interest Coverage: PBA's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Pembina Pipeline current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PBA's dividend (6.27%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PBA's dividend (6.27%) is in the top 25% of dividend payers in the US market (3.48%)
Stability and Growth of Payments
Stable Dividend: PBA's dividends per share have been stable in the past 10 years.
Growing Dividend: PBA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: PBA is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PBA's dividends in 3 years are not forecast to be well covered by earnings (95.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. J. Scott Burrows serves as Interim President & Chief Executive Officer at Pembina Pipeline Corporation since November 2021. He had been the Senior Vice President at Pembina Pipeline Corporation since A...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD2.13M) is below average for companies of similar size in the US market ($USD11.29M).
Compensation vs Earnings: J.'s compensation has increased whilst the company is unprofitable.
Experienced Management: PBA's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: PBA's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PBA 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 employee growth, exchange listings and data sources
- Name: Pembina Pipeline Corporation
- Ticker: PBA
- Exchange: NYSE
- Founded: 1954
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: CA$22.108b
- Listing Market Cap: CA$17.674b
- Shares outstanding: 550.36m
- 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||2022/01/19 23:39|
|End of Day Share Price||2022/01/19 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.