
TSE:PPL
This summary was created by AI, based on 48 opinions in the last 12 months.
Pembina Pipeline Corp (PPL-T) has generally received favorable reviews from industry experts, highlighting its solid position in the energy sector and strong cash flow from contracted pipelines. Analysts appreciate its 5%-plus dividend yield, which is supported by a stable business model based on take-or-pay contracts. While some analysts caution that valuation appears stretched at current levels, they acknowledge the company’s potential for future growth, especially in LNG exports. Overall, the sentiment is largely positive, although there are differing views on timing and the need for a better entry point. Concerns over certain assets and competitive pressures exist, but many see long-term benefits, especially as energy demand is expected to increase.
It is one of 4 great mid-stream companies and he owns the other 3, but there is nothing wrong with this one. They are engaged in a battle for the takeover of IPL-T. He thinks they will be successful in their bid. He will roll IPL-T into PPL-T so he could be a future holder of this stock. PPL-T should do well.
It is pipeline as well as processing. He likes this and KEY-T at present among the group.
For a retirement portfolio. Overall, likes it to navigate choppy waters ahead. Lower risk in growth profile than a name like Inter Pipline. Performed well in 2020, and positioned balance sheet well in 2021. Can be volatile, so perhaps not the best for a retirement portfolio. Something like a Fortis gives you a stable yield. Could also do a barbell approach, with some Pembina and some Fortis, or another high-quality Canadian utility, to limit the volatility.
He sold not that long ago. He did not like going on either side of a take-out battle. The stock has had a fantastic bounce off the lows last year but he has been more inclined to add to ENB-T. PPL-T is always on his radar screen.