TSE:PPL

Pembina Pipeline Corp (PPL.TO)

64.45
+0.92 (1.45%)
as of Oct 1, 2026, 8:00:00 pm Market Open.
1167 watching
0
HOLD
One of his favourites. Price to cash flow ratio is quite high at 13.5% so it is fully priced, but if you Sell where will you go for a comparable yield.
COMMENT
Midstream energy service company. Has been a lot of money flocking to the dividend low beta type companies. A little bit expensive at this point. Valuations are probably better in the pipeline groups.
BUY
Feels the 6.2% yield is sustainable. Growing the pipe and have storage assets.
BUY
Likes it. Good solid pipeline and operator. Steady grower. In the net two year, interest rate now environment this is a stock for bond people.
COMMENT
Switched his holdings into Inter Pipeline (IPL.UN-T). Has a good yield and is a well-run company but he prefers Inter Pipeline’s alliance with the oil sands. Has ever growth prospects.
BUY
6% dividend is secure. Decent growth potential for a pipeline company. Likes it. Doesn’t expecting it to go up as much as recently in the future.
TOP PICK
Long upward trend from early 2009. In the right space. All 4 of its business sectors are doing fantastic. Good exposure to the energy sector without having both your feet committed fully.
TOP PICK
8.75% convertible preferred shares. Utility with stable cash flows. Recently made an acquisition in the UK making them one of the largest electrical distribution companies there. 75% of cash flow is coming from regulated assets.
TOP PICK
Plays into the low choppy environment that we may be in. All 4 of their business segments are doing really well. Chart shows a nice straight line upwards. Great yield play and the whole business structure is quite stable.
DON'T BUY
Too much deviation from the 200 line and are too far above. Feels the whole sector has been over bought.
DON'T BUY
This is an income play. Reasonable yield but relatively low growth. If you believe inflation is coming and interest rates are rising (he does), this becomes less attractive over time. He plans to reduce his exposure to low growth income plays.
TOP PICK
Boring but steady. Provides a decent stable income. Strong trend line. Could come off a bit. Has good support at $18.50 and $21. All 4 segments of its business, pipeline, oil sands transportation, gas services and midstream businesses are expected to perform well up to 2013. Has a great chance of increasing operating income. 7% dividend.
BUY ON WEAKNESS
Dividend on the record of the company has been fabulous. Paid out $179 million in 2007, $198 million in 2008, $233 million in 2009 and over $240 million in 2010. Some volatility to the stock price but any time the stock gives you an opportunity, add to your portfolio.
BUY
Likes this pipeline.
DON'T BUY
Sold his holdings when he thought it got fully valued. Paying out 100% of their earnings and if there should be a hiccup, the payout would be vulnerable. Would prefer Keyera (KEY-T). (See Past Picks.)
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