TSE:PPL

Pembina Pipeline Corp (PPL.TO)

65.62
-0.67 (1.01%)
as of Jun 30, 2026, 8:00:00 pm Market Open.
1159 watching
0
Investor Insights
star iconJun 30, 2026, 12:00 am

This summary was created by AI, based on 47 opinions in the last 12 months.

Pembina Pipeline Corp (PPL) has received a mix of reviews from experts, highlighting its strong positioning within the energy infrastructure sector, particularly in natural gas and LNG. Many analysts appreciate the company’s solid dividend yield, which hovers around 5% to 5.8%, supported by contracted cash flows that provide revenue stability. While some experts express concern about recent valuation pressures and competitive dynamics within the pipeline sector, the long-term growth prospects appear favorable, especially with ongoing demand from data centers and rising gas export activities. However, there are mentions of a few regulatory and pricing issues that may weigh on its short-term performance. Overall, PPL is viewed as a solid investment for income-oriented investors looking for growth potential amid a changing energy landscape.

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Consensus
Buy
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Valuation
Fair Value
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ENB
BUY ON WEAKNESS

Likes a lot. Wait for a pullback, as valuation has come up. Tremendous collection of energy infrastructure assets in Western Canada. Lovely business, very well run. Very durable in a tough time.

BUY

Owns this and Enbridge. PPL is well-positioned in western natural gas, so PPL is well-positioned if European demand for nat gas rises. Good managers of debt and dividends (5.5%) which increases annually.

TOP PICK

Best in this sector. Diversified, exposed to western Canadian gas. Pays a 6% yield. Good long-term. Will likely buy the Transmountain Pipeline. A good core business that offers core growth. Why aren't these companies trading at a PE as utilities?

(Analysts’ price target is $51.75)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

PPL provides key infrastructure to the energy sector in Western Canada.  It operates 2.8 mmboed of pipeline capacity along with 11 million barrels of tank inventory and over 100 mboed of rail terminal capacity.  It trades at 8x earnings, under 2x book value, and boasts a ROE of 19%.  The dividend is great and backed by a payout ratio of 50% of cash flow.  We like that cash reserves are growing while debt is aggressively being retired and shares bought back.  We recommend placing a stop loss at $41, looking to achieve $52.50 -- upside potential of 18%.  Yield 5.7%  

(Analysts’ price target is $52.27)
BUY

Higher interest rates hurt the pipelines to some degree in terms of valuation. Structured debt, not all is floating rate. A good pipeline for growth. Decent dividend yield. Not a bad valuation at 10x operating cashflow.

HOLD

Core position for him. He maintains around a 4% position. Opportunity for total return over next 10 years of dividend plus capital appreciation is pretty great. 

BUY
Offers more upside because of oil prices (which could rise). Prefers this to say a utility. Pays good income and potential upside if oil prices climb.
BUY
Very strong business. Good share price to buy at. Excellent prospects and good management. Large amounts of natural gas exposure. LNG Canada will be very good for business. 6% dividend is very stable.
BUY ON WEAKNESS
Recent market selloff/rising interest rates have impacted share price. Believes that business model is stable and demand for pipelines not going away. Too much debt for comfort level. Prefers TC Energy.
TOP PICK
no price target You can buy it at a near-6% dividend with lots of growth ahead. They process gas. With the LNG Canada pipeline coming onstream in 2025-6, natural gas prices are very attractive, so Pembina is in a great spot. Even better if Pembina grows the dividend and the share price rises. Shares have come off from mid-50s into the 40s, so buy now.
BUY
Pembina vs. Enbridge He likes pipelines. They're hard to build in Canada, so the value of existing ones is high. ENB's dividend is tremendous. He really likes it. There was concern that their debt was too high and it their dividend was in danger. It turns out to be safe and it slighter higher than Pembina. ENG has a larger and more diversified customer base. Steady and not volatile for income investors. Not sure if they can raise the dividend during inflation, though.
HOLD
Dividend secure? Likes the pipelines. He'd rank them: ENB, TRP, PPL, and then KEY. Dividend yields are all attractive, and he wouldn't worry about any cuts in the current environment. Good valuation. Still has core growth. Safe place.
BUY
Excellent business model with strong management and assets. Rising energy prices will create further demand for business. Critical infrastructure that is hard to replicate. Stock price is undervalued at current price. Market has not figured out hard to build assets the company already owns.
BUY
Excellent company for 2-3 year holding period. Well managed company. Current share price is presenting good buying opportunity. Rising interest rates put pressure on dividend returns (can't raise prices dramatically).
BUY
Doesn't know why this is so low. This is a fine stock and a terrific deal now.
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