TSE:PPL

Pembina Pipeline Corp (PPL.TO)

65.20
-1.31 (1.97%)
as of Sep 21, 2026, 8:00:00 pm Market Open.
1167 watching
0
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)
DON'T BUY

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%

HOLD
He sold it a while ago, his third-favourite pipeline. A long-term hold that's well-managed and pays a good dividend. They probably can't grow by acquisition with nothing to buy. A hold.
BUY
He is bullish on the space. You want to be in a space that is highly utilized. He really likes this name. Their network in Canada is unrivaled.
DON'T BUY
There's a lot of political noise in this space, not to mention interest rates and oil prices. Don't be in this space now. The energy space is weak in October-November. PPL is in a downward trend.
BUY
It has a nice dividend but is nicely positioned so they have a lot of tie-ins without having to spend a lot of capital. It is a nice balance between income and growth.
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