TSE:PPL

Pembina Pipeline Corp (PPL.TO)

68.33
+1.20 (1.79%)
as of Jun 10, 2026, 7:31:05 pm Market Open.
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Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 48 opinions in the last 12 months.

Pembina Pipeline Corp (PPL) is regarded as a strong player in the pipeline and utility sector, driven by growing energy demand, particularly from data centers and LNG exports. The company has a solid balance sheet, long-term contracts, and a sustainable dividend, which analysts appreciate. While there is a consensus that PPL has shown decent growth, many experts express caution regarding its current valuation, suggesting it might be priced on the higher side. Despite some concerns over asset performance and regulatory challenges, the growth prospects in LNG and natural gas make PPL a compelling investment for medium to long-term holders. Analysts acknowledge the company's attractive yield between 4% to 5.5%, with potential upward growth due to strategic positioning in a favorable energy market.

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Consensus
Buy
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Valuation
Fair Value
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Similar
ENB
BUY
Pipelines in Western Canada. Very stable earnings stream. 10% yield. Doesn't have commodity exposure and will be paid regardless of the prices.
BUY
Fine company. Not much risk because of commodity prices.
BUY
Oil pipeline. Solid with a decent yield of 10.4%, which he feels is safe. (See Top Picks for his choice. This would be #2.)
TOP PICK
This is a play on safety. Nice yield of over 10%. More into oil/gas distribution so you can consider it as more of a utility. Acquired Cutbank Complex, which is somewhat accretive.
TOP PICK
3 picks are based on income and he has avoided the more volatile juniors. Pipeline company servicing the oil sands area. No commodity risk. Likes their position for the infrastructure in the energy patch.
TOP PICK
Nice, predictable, boring 10.7% yield. Cash flow is pretty much in the bank for the next couple of years. Will convert to a corporation in a while and there may be tax complications 4, 5 years out. Likes the predictability of this stock for the next couple of years.
BUY
Well run company. Conservative. Have the internal Alberta market locked in and adding pipeline capacity. Will be maintaining distributions.
WEAK BUY
(Market Call Minute.) Okay for a long-term investment because the pipelines do give you stability but don't expect a lot of growth.
BUY
He is buying it, but is not counting on them maintaining the distribution. It’s a first rate company in a growing field.
COMMENT
If it is outside of an RRSP, you are probably better with another because of the dividend tax credit. Recession-resistant part of economy. If they don’t have sufficient tax shelter will have to cut dividend when they convert.
TOP PICK
An oasis in the storm. Energy infrastructure and a boring pipeline business with a lot of feeders in the tar sands. 11.5% yield. Trades at 12X forward earnings. Great growth prospects and distributions are safe for the next 5 years.
BUY
Inter Pipeline Fund (IPL.UN-T) and Pembina Pipeline (PIF.UN-T) are both excellent companies and are utilities. The fact that they are going down is really more a reflection of the market. They are both well managed.
BUY
One of his favourite pipelines. (See Top Picks for the other.) Likes the long-term growth prospects, which are steady. Will be very rewarding for people looking for high yielding, steady income investments and modest capital gains.
TOP PICK
Pipeline from Fort Murray down to Edmonton. About as safe as you can find in the pipeline sector. Yielding about 10.5%.
BUY
Just started looking at this. Will have some good growth opportunities from its exposure to the oil sands even though a lot of projects have been postponed.
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