
TSE:PPL
This summary was created by AI, based on 49 opinions in the last 12 months.
Pembina Pipeline Corp (PPL) is widely viewed as a stable investment with a good dividend yield, currently around 4.5% to 5.5%. Analysts note that the company is well-positioned in the energy sector, particularly for natural gas infrastructure and potential growth from new LNG projects in Western Canada. The company's solid backlog allows for expectations of rising cash flows and dividends in the coming years. While some analysts express concerns over its current valuation, a significant number still consider it a strong long-term hold, citing its relatively low-risk profile and contracted cash flows that provide earnings visibility. Overall, PPL is recognized for its robust operational strategy and is seen favorably for those seeking income amidst market volatility.
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.
PPL vs. ENB vs. TRP TRP, PPL, and ENB are all high quality companies that you can't go wrong owning. He prefers ENB, as its valuation is still at a modest discount, Line 5 is mostly resolved.