Pembina Pipeline Corp
PPL: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| H< | LOCK|%jm | LOCK|!&wgJw% |
Pembina Pipeline Earnings: New Projects and Dow Revival Confront Low-Commodity Spreads
Pembina reported full-year adjusted EBITDA of CAD 4.3 billion at the midpoint of revised guidance. The 2026 guidance suggests flat year-over-year growth as marketing contributions and the Alliance toll rates take effect. Dow has resumed development of its plant, targeting 2029-30 in-service dates.
