TSE:PPL

Pembina Pipeline Corp (PPL.TO)

68.16
+1.32 (1.97%)
as of Nov 6, 2026, 9:00:00 pm Market Closed.
1170 watching
0
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.
TOP PICK
It is a great way to play energy. It has had a long base pattern. It pays a nice dividend. They are adding propane capacity. He expects the share price to accelerate. He expects the dividend to increase. (Analysts’ price target is $54.93)
TOP PICK

A well-run energy infrastructure storage name. They closed the Kinder Morgan Canada purchase today. Reasonable growth ahead and trades at an attractive valuation at 10x cash flow. It pays over a 4% dividend yield. (Analysts’ price target is $55.26)

PAST TOP PICK

(A Top Pick Dec 11/18, Up 14%) She still likes this holding. An attractive yield. They expect the acquisition of Kinder Morgan Canada to close mid-December. This will allow them to increase the dividend by 5%. This is still an attractive place to accumulate shares. Very attractive long term prospects. Yield 5%

HOLD
They missed on Q3 earnings, but they have announced new projects that will help create 8% free cash flow growth. They have a nice dividend supported by a low payout ratio of 55%. They are buying out KinderMorgan Canada.
COMMENT
Nice yield, but the earnings have peaked and are sliding a little bit. This can rise to $54. But earnings are edging off which worries him. Could fall as low as $39, which it has touched twice this year. It trades at 1.5-2x book value and is rangebound.
HOLD
Has been a big winner in infrastructure of the Canadian energy sector. Has grown through acquisition. One of the few stocks still holding their high in the whole energy sector. Their acquisition of Kinder Morgan makes them a bigger player. Will probably benefit from the synergy. He would continue to hold.
BUY
Great long-term investment. Great midstream processor. Good investment here.
TOP PICK
It is forming a nice break out and he likes the dividend. He thinks it can target highs just below $50 going forward. Yield 5.06% (Analysts’ price target is $55.81)
HOLD
They have been a good performer with a good yield. It won't catch hold until investors return to the space, but a great income play. Yield 5%
TOP PICK
They are a safe way to play the bounce back. Third quarter results were in line. There is capital spending increasing modestly. The dividend is increasing modestly. He just picked this one up. It has a nice trend. (Analysts’ price target is $55.81)
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