
TSE:PPL
This summary was created by AI, based on 49 opinions in the last 12 months.
Pembina Pipeline Corp (PPL) has received a mix of bullish and cautious reviews from analysts. While many highlight its strong positioning in the natural gas sector and potential for growth through projects like LNG exports, there are concerns about its valuation and recent performance. The company's fundamentals remain solid, backed by long-term contracts that provide stability and a decent dividend yield. Analysts note that PPL offers a good risk/reward profile in the energy infrastructure space, with expectations for future growth despite current market challenges. However, some analysts suggest a careful approach, with the possibility of pullbacks and concerns regarding tolling disputes affecting values.
The payout ratio on PPL is about 98%, so there is not a lot of wiggle room. He does not own this one. The company is looking to buy KML. He has a short on this simply because they are already long KML. The balance sheet is better than most pipelines out there. However, it does not score cheaply enough on valuations for him to want to buy today. Yield 5.2%
Nice income stock. Pipeline plus midstream operations. Footprint well-placed in western Canada. Recent acquisitions of Kinder Morgan and half a US pipeline. Good capital plan, well funded. Payout ratio is 55%. Mid-high single digit range of increasing cash flow. Increasing dividend. Yield is 4.92%. (Analysts’ price target is $56.18)