TSE:PPL

Pembina Pipeline Corp (PPL.TO)

68.16
+0.60 (0.89%)
as of Sep 1, 2026, 8:00:00 pm Market Open.
1168 watching
0
Investor Insights
star iconSep 1, 2026, 12:00 am

This summary was created by AI, based on 46 opinions in the last 12 months.

Pembina Pipeline Corp (PPL-T) has garnered positive reviews for its robust dividend yield of around 4.5% to 5.5% and a solid pipeline of growth projects, particularly with potential developments related to LNG in Western Canada. Analysts appreciate its stable cash flows derived from contracted revenues, which provides a safety net for investors. Despite the favorable positioning and growth prospects, some experts express caution regarding current valuations and potential market volatility. A number of analysts highlighted PPL's strong management and infrastructure quality, making it a reliable choice for income-focused investors, though some suggested it may be fair-priced or even slightly overvalued at this moment, recommending strategic entry points. The sentiment suggests a buy in the long-term but with a cautious approach to current pricing levels.

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Consensus
Buy
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Valuation
Fair Value
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Similar
ENB
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.
BUY
He doesn't like oil and gas producers--they're price-takers, not price-makers. He likes pipelines though. In Canada, pipelines are homogenous/interchangeable. All of them will grow their dividends though; historically they have. A good company.
HOLD

PPL-T fine holding, but he prefers to hold ENB-T as the yield is 6.5%. Both are good holds. The balance sheets are not stretched. At $50, PPL-T is getting to upper end of his value band.

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