
TSE:PPL
This summary was created by AI, based on 46 opinions in the last 12 months.
Pembina Pipeline Corp (PPL-T) has garnered positive reviews for its robust dividend yield of around 4.5% to 5.5% and a solid pipeline of growth projects, particularly with potential developments related to LNG in Western Canada. Analysts appreciate its stable cash flows derived from contracted revenues, which provides a safety net for investors. Despite the favorable positioning and growth prospects, some experts express caution regarding current valuations and potential market volatility. A number of analysts highlighted PPL's strong management and infrastructure quality, making it a reliable choice for income-focused investors, though some suggested it may be fair-priced or even slightly overvalued at this moment, recommending strategic entry points. The sentiment suggests a buy in the long-term but with a cautious approach to current pricing levels.
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.