TSE:PPL

Pembina Pipeline Corp (PPL.TO)

68.13
+0.27 (0.40%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
1166 watching
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Investor Insights
star iconAug 12, 2026, 12:00 am

This summary was created by AI, based on 49 opinions in the last 12 months.

Pembina Pipeline Corp (PPL-T) is widely regarded as a solid investment choice, particularly for income-seeking investors due to its attractive dividend yield, hovering around 4.5% to 5.5%. Analysts appreciate the company's well-positioned assets and healthy project backlog, which bode well for future cash flow and dividend growth. The potential for increased demand tied to new LNG projects in Western Canada adds to its positive outlook. While some experts express caution regarding its current valuation and market sentiment, the overall sentiment is one of confidence in its stability and growth prospects. The stock is seen as a defensive play in the energy sector, especially amidst volatility in oil prices, making it a preferred choice for risk-averse investors looking for steady income and moderate growth.

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Consensus
Buy
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Valuation
Fair Value
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ENB
COMMENT
Prefers Gibson Energy (GEI-T). Has a real levered balance sheet compared to Gibson whose debt to EBITDA is about 2.4 where Pembina’s is double that. Also Gibson’s forward PE is more attractive. Mid-stream oil is a good area to be in. Currently being affected now by the narrowing frac spread. (See Top Picks.)
TOP PICK
Likes pipelines. Considering all the talk. The pipelines are leaking in the UIS because they are 95 years old because they haven’t built any recently. They are pretty steady in cash flow and he would rather own a pipeline than fixed income.
DON'T BUY
Although they have some exposure to natural gas liquid prices, their biggest exposure is to oil prices. As oil prices get strong, there is more demand for pipelines that they will be operating in building. His problem is the valuation of 15X plus that they are trading at.
BUY
Likes this type of business. Nice diversified stream of oil pipeline distribution providing product to the oilsands, midstream natural gas collection. Irreplaceable assets. Long track record of increasing dividends.
BUY
Pipelines have been the steady Eddie's in the stock market. They have managed to deliver decent returns. This is as good an entry point as any during the last year.
BUY
Excellent yield. There is choppiness on the horizon, though. You could put this one away and not worry about it.
HOLD
He has a lot of pipelines in his portfolio including this one. Arguably they are expensive but these not sure what makes them less expensive. Keep coming through with good earnings growth.
PAST TOP PICK
(A Top Pick May 4/11. Up 39.17%.)
PAST TOP PICK
(A Top Pick June 3/11. Up 12.5%.) 8.75% convertible preferred shares.
TOP PICK
Largest of the mid-stream. 5-7% dividend growth rate. Predictable business that is fee revenue. Could be a take-out target. The Majors missed out on the opportunity.
SELL
(Market Call Minute.) Probably 3%-5% dividend growth going forward. Very well run company. Unfortunately, it is expensive.
BUY
He took profits in TRP some months ago and picked up this one. They are an income part of his portfolio. Quite dependable that will pay quite a good dividend. Opportunities for increases in dividend. They are in a save political area. Oil sands are expanding.
BUY
(Market Call Minute.) Really likes the energy infrastructure space. Prefers them over oil stocks themselves.
BUY
Consensus target price is $29.81, which would be a capital gain of 5%, plus the yield of $5.50 gives a return of 10.6%. There could be short-term price fluctuation.
PARTIAL SELL
Just acquired a great company, Provident. Stock looks fairly toppy at these levels in terms of the cash flow level. Given the acquisition they just made, there is potential for earnings growth within the next year. If you got in at a lower multiple, he would take some off the table but would retain some of it.
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