TSE:PPL

Pembina Pipeline Corp (PPL.TO)

68.18
+0.32 (0.47%)
as of Aug 12, 2026, 6:37:45 pm Market Open.
1166 watching
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Investor Insights
star iconAug 12, 2026, 12:00 am

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.

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Consensus
Buy
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Valuation
Fair Value
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Similar
ENB
WEAK BUY

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.

BUY
Buy oil producers? She owns pipelines, but not the producers, because they pay a growing, sustainable dividends around 7% though the growth rate will be slower. It's difficult to build new pipelines from environmental pressures. Pembina is well-positioned in western Canada.
BUY

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.

PAST TOP PICK
(A Top Pick Jul 17/20, Up 27%) It was cheap and was a nice yield play. It has paid off quite nicely. He suspects there is further to go in pipelines in general. They have a nice balance sheet.
HOLD

A fine choice. Does not have as much growth as other mid stream companies. Trades at a full valuation. Gibson and Keyera might be better places to be. Gibson has the best valuation for growth and dividend. PPL he has liked in the past but would not put new capital into.

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.
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