Skip to Content
Morningstar

Pembina Pipeline Corp PBA

Morningstar Rating
Unlock
Stock XNYS Rating as of
$36.52 +0.25 (0.69%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Pembina Earnings: Alliance Pipeline, Aux Sable Transaction, Marketing Lead to 2024 Guidance Boost

Stephen Ellis

Pembina Pipeline's first-quarter results were good. The company raised 2024 EBITDA guidance to a midpoint of CAD 4.175 billion from CAD 3.875 billion, including the now-completed Alliance pipeline and Aux Sable transaction as well as higher marketing profits. We had already anticipated the majority of the increase, and our forecast only rose modestly to CAD 4.2 billion from CAD 4.1 billion. We have increased our fair value estimate to CAD 51/USD 38 per share from CAD 46/USD 34. Our no-moat rating is unchanged.

Read Full Report

Price vs Fair Value

View History
PBA is trading at a 17% premium.
Price
$36.52
Fair Value
$26.00
Uncertainty
Medium
1-Star Price
$87.60
5-Star Price
$21.30
Economic Moat
Nmh
Capital Allocation
Xwd

Bulls Say, Bears Say

Bulls

Pembina has partnered with the Haisla Nation to pursue Cedar LNG, which could reach a final investment decision in mid-2024. This partnership offers Pembina a way to avoid stakeholder disputes.

Bears

Pembina’s acquisitions have generally been expensive and not worked out. The bid for Inter looked expensive, as does the likely bid for Trans Mountain.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PBA is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$36.27
Day Range
$36.44–36.68
52-Week Range
$28.15–37.48
Bid/Ask
$36.45 / $36.95
Market Cap
$21.16 Bil
Volume/Avg
2.0 Mil / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
16.33
Price/Sales
3.20
Dividend Yield (Trailing)
5.50%
Dividend Yield (Forward)
5.54%
Total Yield
5.67%

Company Profile

Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Large Value
Total Number of Employees
2,837
Website
https://www.pembina.com

Competitors

Valuation

View More
Metric
PBA
KEY
TRP
Price/Earnings (Normalized)
 16.3314.9412.11
Price/Book Value
 1.983.011.95
Price/Sales
 3.201.223.30
Price/Cash Flow
 9.688.157.21
Price/Earnings
PBA
KEY
TRP

Financial Strength

Metric
PBA
KEY
TRP
Quick Ratio
 0.290.730.58
Current Ratio
 0.821.080.94
Interest Coverage
 5.663.082.42
Quick Ratio
PBA
KEY
TRP

Profitability

Metric
PBA
KEY
TRP
Return on Assets (Normalized)
 5.19%6.34%2.80%
Return on Equity (Normalized)
 12.09%19.82%11.49%
Return on Invested Capital (Normalized)
 7.45%10.32%5.26%
Return on Assets
PBA
KEY
TRP
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Oil & Gas Midstream Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ENB
Enbridge IncNwhqrhtFnxhvpy$76.7 Bil
EPD
Enterprise Products Partners LPWgpfxgkqwBfqg$61.3 Bil
ET
Energy Transfer LPSbpFzb$52.0 Bil
WMB
Williams Companies IncGvkmphjjZkvzbmv$48.9 Bil
OKE
ONEOK IncPpnrsctshRbklgq$48.2 Bil
KMI
Kinder Morgan Inc Class PKpgwlwgSbynjx$42.3 Bil
MPLX
MPLX LP Partnership UnitsZzplvxwkBwgmnb$41.1 Bil
TRP
TC Energy CorpZwntrdtGrhkq$39.6 Bil
LNG
Cheniere Energy IncLwlnmctnFgr$36.6 Bil
TRGP
Targa Resources CorpPhvkhxhrWghl$25.3 Bil

Sponsor Center