
TSE:PPL
This summary was created by AI, based on 46 opinions in the last 12 months.
Pembina Pipeline Corp (PPL-T) is viewed favorably by analysts, particularly for its robust dividend yield of 4.5% to 5.5% and a solid project backlog, positioning it well for cash flow growth in the coming years. The sentiment suggests confidence in Pembina's strategic positioning within the North American energy infrastructure market, especially with opportunities arising from potential LNG developments in Western Canada. Although some experts express concerns regarding valuation and market volatility, the majority highlight the company's stability and long-term growth prospects, aligning their investments with increasing demand for energy and the infrastructure to support it. Diverse opinions exist on current stock performance, with some indicating potential for short-term pullbacks while others advocate for sustained growth based on Pembina's asset quality and management execution.
Pipelines hold the whole energy complex together. Investors do well by owning pipelines. Very solid company. Near term there are challenges and are reflected in share price. Low propane prices, lower volumes. Issues are fixable and investors are paid to wait. Longer term the company is significantly undervalued. Significant growth opportunities. Volumes will improve over time. 3-5% dividend increases starting in couple of years and going for many years. Great yield and growth in cash flows.
Made an acquisition earlier in the year and as a result, there was some slippage from an earnings growth perspective as a result of weaker margins in one of the service businesses that they operate in. Unlikely to turn around in the next quarter. There are some great opportunities for them to continue to build the business but there are some challenges in the short-term. Still one more quarter of potential risk. (See Top Picks.)
Did a propane takeover at a bad time. Earnings disappointed and there was a sell off. 75% recurrent earnings. Growth prospects in the next few years and when propane recovers this winter, they will recover. He has half position.