Pembina Pipeline Corp (PPL.TO) Buy, Sell or…

Pembina Pipeline Corp (PPL.TO)

65.20

-1.31 (1.97%)

as of Sep 21, 2026, 8:00:00 pm Market Open.

1167 watching

PARTIAL SELL

They are somewhat insulated from the oil price declines. However, with so much oil supply in the market flooding in from Russia and Saudi Arabia, at some point storage will be full and this will not be a good situation. The risk lies with commitments made by producers for their services. Yes, they will get some relief in bankruptcy court if their customer fails, but it will take time. They are staying away from energy right now. If you own this, he would suggest selling half and wait for improvement.

BUY

Yesterday, it was down 25-30% on a day, so he picked some up. The street thinks some of the producers won't be around in the next 3-6 months. The market's overdoing the selloff. Growth and balance sheet are fine. It'll bounce around a bit. He likes it longer term.

DON'T BUY

Outlook for Pembina in fulfilling take-or-pay contracts with clients. That's exactly the concern behind the stock going down. That's the risk. It's like Chorus Aviation's relationship to Air Canada (though AC has a strong balance sheet and is well-positioned). PPL was trading at a pricey 20x EBIT to EBITDA. Pays a big, growing yield at a reasonable payout ratio, assuming they can maintain cash flow. The market is determining how risky that is. PPL has lost its utility-like premium and trading down. Valuation is cheaper, but it's becoming volatile. Let the dust settle before considering this.

DON'T BUY

It's more defensive at this volatility time of year, but anything energy today was massacred. PPL crashed through support and its 200-day average. Today was horrible. PPL got crushed. Avoid. Oil needs to rise above $40 for oil stocks to have a chance.

PAST TOP PICK

(A Top Pick Dec 16/19, Up 7%) Tremendous growth potential, an income pick with a strong dividend. His buy price is just under $50.

PAST TOP PICK

(A Top Pick Nov 14/19, Up 12%) Down only 1.37% on this sell-off day. It's a steady-eddy. It's been trending sharply up since December. He's still buying it.

BUY

A dividend play. He likes it and owns the preferred shares. The 6-month outlook is positive. Pays a good 4.7% dividend.

PAST TOP PICK

(A Top Pick Feb 13/19, Up 16%) Great income stock. Continues to increase the dividend of 4.8%. Very well placed in western Canada, also in the US. Can grow its cash flow by mid-single digits each year.

BUY

Suncor vs. Pembina Investor sentiment for oil is very weak, but Suncor is among the better performers in the last decade because their Oil Sands assets have such a long life that they don't have to keep investing money each year to maintain that production. Ultimately, Canada needs to see takeaway capacity to improve. He owns Pembina which is not as directly effected by the oil price. Suncor is an oil play; Pembina is an income play. Either one is fine.

BUY

Safe dividend? Yes, very. PPL has take-or-pay contracts with producer, which are guaranteed payments. Management does a good job keeping risk low. They just made an acquisition, so their balance sheet is a little higher than usual, but this will come down in coming quarters. Their purchase in strategic--two pipelines and a storage facility. A very safe stock, despite a little volatility.

PAST TOP PICK

(A Top Pick Nov 22/19, Up 7%) Bit of overhead resistance now. If it starts to fail at current prices, they may have to ditch it. He's keeping an eye on it.

BUY

Kinder Morgan sold 5% of PPL shares, then the stock went up--so that overhang is now gone. Also, PPL just released details of their new petrochemical project, which helps de-risk PPL. That's why this stock jumped $2. Dividend is growing by 6%. He expects 8% free cash flow per share growth. PPL is a good, growing name with new projects. The whole sector is expensive though. A fine name overall at the current price.

COMMENT

He owns ENB and TRP instead. He sold this to reduce his exposure in the area. Nothing wrong with the company, he just sees better dividend and capital growth opportunities with the others. Yield 5.3%

PAST TOP PICK

(A Top Pick Nov 22/19, Up 3%) Bought this as a defensive move. Pays a 5% dividend and won't move down too much if there is a market pullback.

WAIT

Better than IPL. He's waiting for a breakout above current levels, but more level it will stall before rising in February-March (due to a market pullback, he predicts). Be patient.

Showing 226 to 240 of 746 entries

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephanie Link, Chief investment strategist, Hightower

Hightower

Jim Lebenthal

Cerity Partners

Bryn Talkington

Requisite Capital Management

John Stephenson

Stephenson & Company Capital Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Pembina Pipeline Corp (PPL.TO)