TSE:PPL

Pembina Pipeline Corp (PPL.TO)

71.02
-0.29 (0.41%)
as of Jul 21, 2026, 7:55:32 pm Market Open.
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Investor Insights
star iconJul 21, 2026, 12:00 am

This summary was created by AI, based on 49 opinions in the last 12 months.

Pembina Pipeline Corp (PPL-T) has garnered a generally positive outlook from various experts, thanks to its solid position in the pipeline infrastructure sector and its attractive dividend yield, which currently stands at around 5%. Many analysts praise PPL for its growth prospects, particularly in light of potential benefits from increased natural gas production and the construction of a new 1.8 gigawatt natural gas plant in Alberta. Despite some recent underperformance compared to peers, particularly regarding valuation issues tied to tolling contracts, the consensus remains that the company's long-term growth strategy and fundamentals are sound. Furthermore, PPL is regarded as a well-managed operation with reliable, contracted cash flows, thus making it a compelling choice for investors seeking income and stability amidst the energy sector's volatility.

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Consensus
Buy
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Valuation
Fair Value
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Similar
ENB
PAST TOP PICK
(A Top Pick Apr 06/20, Up 52%) He got it close to the panic of last year. It took until the last couple of months until the share price started to recover. The future is now bright for them.
BUY

It is pipeline as well as processing. He likes this and KEY-T at present among the group.

BUY
He owns it on behalf of an investor. These are difficult projects to get approved. He thinks in the end they will get the green light on the current project. This will be incremental to their valuation and earnings. Write-down's on assets are usually backwards looking so he does not pay a lot of attention to it as a forward looking indicator. The financial strength is good and it should grow.
BUY

They move natural gas and he sees growing demand for this and will continue to. The oil Canada ships, primarily to the US is very steady and won't change--it's safe. Canadian pipelines will remain near capacity. He's positive natural gas infrastructure plays like Pembina and TC Energy.

BUY

For income investors, pipelines look great. Great dividend. The sector suffered neglect as people chased higher growth areas of the market. He owns ENB, PPL, and TRP. Also consider KEY, which has more exposure to the commodity. Makes a lot of sense for conservative investors.

BUY
A good stock to take into your retirement. A lot of their revenues are contracted, so safe. Pembina offers quality assets and good managers. It pays nearly a 7% dividend.
BUY

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.

COMMENT

Has a safe dividend and is a good operator. He wouldn't be surprised if IPL merged with them; both companies have similar assets are are good managers. PPL has great pipelines, but also have chemical plants, which face environmental headwinds.

PAST TOP PICK
(A Top Pick Dec 16/19, Down 23%) Still likes it. The energy infrastructure names is very inexpensive. The cashflow stream is durable and it has proven itself during the 08/09 crisis. About 85% is from longterm contracts. They got hit from their mid-stream assets. Still really likes the assets and valuation. They cut their cap-ex plans to support the dividend.
BUY
The dividend is safe, given their cash flow and balance sheet. They have less sensitivity to commodity price moves. He's fine with this. The valuation is at the higher end of mid-tier pipeline companies, but he see growth here.
DON'T BUY
It is part of the beaten down energy related stocks. Debt is a problem, it is expensive on a EBITA bases and price momentum has been poor. It is not quite cheap enough. It has not come off the bottom. It could be subject to tax loss selling. It is too dangerous to short, but it is also not own-able.
BUY
A good income name. She usually holds 2.5-3% of a portfolio in each name for income. Maintained pre-Covid guidance. Question is do they bring on projects or do share buybacks? Highly defensible business, long-term contracts. Yields over 8%.
BUY
It's good. Whole sector has been taken down with Biden and the price of oil. Still room for growth. Great balance sheet and very good dividend. Value stock that got oversold and ignored. We still need pipelines, and PPL will be part of that.
BUY ON WEAKNESS
Energy is not a loved sector. The world is transitioning to electricity. However, the yield is approaching 9%. It is an opportunity to pick up some income. With current interest rates, the yield is very attractive. The dividend is safe for now, and even if it is cut a little bit, the stock shouldn't be punished too much as it would be a result of prolonged lockdowns and competitors will be doing the same.
HOLD
The dividend is safe. They've short up the balance sheet and deferred capex to uphold the divvy. A hold. Overall, sentiment on energy is very negative.
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