TSE:PPL

Pembina Pipeline Corp (PPL.TO)

71.08
-0.23 (0.32%)
as of Jul 21, 2026, 8:00:00 pm Market Open.
1161 watching
0
Investor Insights
star iconJul 21, 2026, 12:00 am

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.

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Consensus
Buy
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Valuation
Fair Value
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Similar
ENB
BUY

ALA-T? He prefers Pembina and has performed much better than ALA. Pembina just bought the Kinder Morgan Canada pipeline and section of a US pipeline. It pays a good dividend. He likes pipelines. It's held up during this volatility.

TOP PICK
They just proposed a $4.3 billion acquisition. Low interest rates spell cheap capital for them. They continue to do the right things. He likes the midstreams. They've had a price dip due to financing risk--probably need to finance $2 billion in equity with another $2 billion from debt. Holding up well despite a brutal oil sector. (Analysts’ price target is $56.20)
BUY
A solid pipeline/midstream company. A recent acquisition extends them into the U.S. Ottawa refuses to build pipelines, and oil amounts to 20% of Canada's economy, so this hurts the national economy. Pembina and other pipeline companies are solid.
COMMENT
He held it for a while then sold options to increase yield. Suddenly, PPL ran up. So, he rolled over the option instead of lose the stock. He wanted to sell leaps, but the 2022 LEAPS are bid 15 cents per $50 call, ask $5.50. What happens to time value? The price is way off. If you sell it, you'll likely keep it until it matures in 2022. He writes options against PPL to deliver cash flows. He likes this strategy. To roll up the strategy, don't sell a long-term LEAP, because you won't get liquidity....On the other hand, he's made the maximum return which you should always aim for. He doesn't think PPL will continue to run sizably. PPL pays a good yield.
BUY
He owns it for the 5% dividend, not growth. It's well-managed; they get things built and move the product. Don't expect the growth of 10 years ago, though. Solid assets.
BUY
They are doing very well. They are not running into the pipeline expansion problems that others are having. This is a utility grade, and dividends are well covered. This name will continue to do well. A solid investment.
HOLD

An interesting play and they have a great midstream business. They are now into LNG as well. A well managed company and pays a great dividend.

TOP PICK
Pays a 6% dividend, an income stock, and they increased it by 5% last week. They can fund their cash flow growth and will increase their dividend by 5-6%. They have natural gas pipelines. Defensive cash flow and a 55% payout ratio. Perhaps there are risks in investing in a huge petrochemical plant with possible cost overruns, but they seem to be on track. (Analysts’ price target is $55.28)
BUY
Top pick for many years for him. A quality name. They don't have the headline risk that Enbridge and the others have. The problem is that their growth is slowing and it is getting expensive. Still trading at 9.4% 2023 free cash flow. Nice dividend.
COMMENT
ENB-T or TRP-T? He owns both pipelines. Today, he would favour TRP-T. He has also been watching PPL-T as well. The space has always been a good investment.
HOLD
He sold it a year ago because it got fully valued. They've made some good acquisitions. Now, it's fully valued. Hold.
BUY ON WEAKNESS
A top pick for him for many years. Still likes the name. He models 5% FCF growth and 8% EPS growth. Reasonable payout ratio. It will go higher and if you get it at $46-$47 you will do OK 12 months out.
TOP PICK
This is her infrastructure Top Pick. They are well positioned in the Canadian shale plays of Montney and Duvernay. They bought Verasan about a year ago, bringing allow some high quality assets in Western Canada and the prospect of a LNG facility. Stable cash flow anchored by take or pay contracts. Yield 4.9%. (Analysts’ price target is $54.28)
SELL
IPL vs. Pembina IPL is sitting in a great area with support around $19, since 2012. Definitely a buy. Pembina is a lot more toppy, way past its support level and trying to break through upper resistance. He'd sell Pembina.
BUY
High quality. They can fund their capex with their own cash flow. Their projects are low-profile and don't attract opposition like Keystone. Strong balance sheet. Decen 8% growth rate this year. Dividend growth. Only problem is their tax pools that they use to shelter taxes are being used up faster than expected.
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