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
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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
HOLD
It ranks well for his system, but he does not own it now. They had an increase of sales of 66% and earnings are up 77%. Earnings growth is above 8% for the next two years. A utility based company in the natural gas processing business. It will allow you to sleep well at night with a good dividend.
BUY
5.2% yield that is safe and will continue to grow at 6%. A well-managed midstream company with operations in LNG in the Pacific northwest, a petrochem plant, and they're dominant in the Montney region in gas processing. Long-term outlook: pipeline expansions (crude and nat gas) offer them many capex opportunities. However, PPL is more expensive than its peers. If you buy it now, moderate your return expectations of 2-3% over time. Still a good return.
BUY
It has been forming this base, going back and forth in a trading range. It is a good trading type of stock. It is coming up to its strong period. This is probably a good place to be over the next few months.
BUY
A smaller pipeline without cross-provincial problems. It's strictly Alberta, so relatively unharmed by politics. Well-run and has held up very well in this correction. A good stock with a growing dividend. No problems.
TOP PICK
A defensive play. They're well-positioned in western Canada even with the low oil prices; they're still drilling there. They operates pipelines, processing plants, midstream operations. This year, they enjoyed strong cash flow growth and they believe they can continue to grow that by 10% annually over the next few years, and grow their dividend by 10%. Strong balance sheet with a 53% payout ratio. (Analysts’ price target is $54.11)
WEAK BUY
Same as IPL, tied in to local transportation. Has outperformed a lot of the other Alberta energy stocks. It's a utility, so dividend is quite safe. Continues to grow. Growth in oil and gas in Alberta is not dead.
BUY
He likes this company. They just re-entered his radar screen. It has the profile they are looking for. He is 100% behind this one.
PAST TOP PICK
(A Top Pick Dec 15/17, Up 4%) Sees 17% share growth. Still solid. They don't have headline risk like TransMountain. They're involved in smaller projects. Good dividend at 54% payout ratio. They have pricing power. A good place to hide and get paid a decent dividend in a rocky market.
BUY
He likes the pipelines. It's been sideways lately, but sideways (after a steep correction) is good. Boring can be good. He likes this sector and stock. There's a little more certainty about pipelines now than two years ago. We need more pipelines here. This offers more stability than its peers.
COMMENT
Look at Pembina first, which has growth and a good balance sheet, if you're buying a new position in pipelines (he's not in this space).
DON'T BUY
Has 17% upside potential and pays a decent yield, but it isn't going anywhere, just flowing down the river. It popped 4% but there's been a lot of volatility lately in the markets. It'll be tough rising 17%.
PAST TOP PICK

(A top pick October 25/17, up 13%) Still likes them. Prefers Enbridge to this name. More a midstream player. Good dividend yield and good potential for increased stock price.

HOLD

He likes the company. This is their top pick in the mainstream space. They have a great mix of assets. Sit on that one and hold it.

COMMENT

Too much debt and rising interest rates. However, they have good managers and good acquisitions over the years. Decent balance sheet. Looks sustainable and stable for now.

PAST TOP PICK

(Past Top Pick Oct. 10, 2017, Up 9%) Still likes it. They're positioned well and should benefit from the BC LNG deal announced last week. Likes last year's Verison acquisition because of long-growth prospects like L&G in Oregon. Just raised their guidance. Yield over 5% and have been raising it. Good balance sheet and 53% payout ratio.

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