Pembina Pipeline Corp (PPL.TO)

EPS of 60c did miss estimates of 75c; revenue of $1.84B also missed estimates ($2.11B). EBITDA of $1.01B missed estimates by 4%. Pembina's 4Q Ebitda may expand by high-single digits, assuming it reaches the midpoint of narrowed guidance of C4.23-$4.33 billion. Contributions from increased stakes in Alliance Pipeline and Aux Sable will likely be the primary drivers, outweighing pressure on lower re-contracted tolls on the Cochin pipeline system. The narrower differential between US Gulf Coast and western Canadian condensate could continue to limit interruptible volume on Cochin. The Marketing segment may be little changed again as the fully consolidated Aux Sable asset and improved NGL margin -- partly due to weak natural gas prices -- buoy Ebitda. Capital spending in 4Q could be similar to 3Q's $262 million, supporting free-cash-flow generation to cover the dividend. It is up 24% this year, but could continue to benefit from lower interest rates. The quarter was clearly not perfect, but with its valuation and 4.9% dividend we would not necessarily see it as a sell if one wants sector exposure. 
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Owns in his balanced fund for income. Strong long-term performer. Multi-year dividend growth. Great management team. Irreplaceable assets across BC and Alberta. Hopefully will benefit from more LNG buildouts. Oil & gas prices are decent.

Hard to tell if it will go higher, as it's not a high-growth company. Perhaps expect 8-10% long-term growth with dividends. One of the best infrastructure names in Canada.

Compared to peers, they offer better growth with a smaller system and runs more east-west than north-south. It's closed the valuation gap a little in this sector, and the dividend is strong.

Used to own this. The pipelines hold monopolies. They're in an excellent market position and pay an attractive dividend, which will do well as rates fall. Is a long-term hold.

Used to own this. The pipelines hold monopolies. They're in an excellent market position and pay an attractive dividend, which will do well as rates fall. Is a long-term hold.

She's a long-term owner of stocks, this gives you the impact of compounding dividend growth. She will trim if  necessary, not holding a weight of 10% for example. Proven long-term ability to grow, lots ahead. Coastal GasLink will bring more nat gas to the West Coast. 

Doesn't love buying for new clients at these levels, but confident in its ability to grow.

Owned this over 10 years. Are well-positioned in midstream. Are growing their dividend which is attractive. Weak oil prices may limited the share price, but long term this will perform.

A bit above his buy price today. A smaller pipeline, so it's able to do some unique deals.

He took some profits after a good run. Is a better third play in pipelines because of its growth potential. Trades at 9x operating cash, beat earnings last week and pays around a 6% dividend. Offers some growth. 

Last earnings report beat, increased dividend, secured 50% of Cedar LNG. Gotten expensive in last month. He models decent growth combined with nice dividend. Wouldn't buy here, but under $50 would add this quality name.

Shows long-term resistance, and that stuff matters. Resistance is the price that some people bought at and will be looking to get out, so there's going to be some selling pressure. But if there's a breakout, that's great. Watch and see what happens.

Politics is a terrible way to invest. Freehold will probably do well because of government environmental incentives and the ESG trend. Pembina will do better if the Republicans win in the US or the Tories in Canada. There will still be a need for pipelines; green energy won't do the trick.

It is well positioned to the growth of natural gas production and processing. Its dividend yield is 5 1/4 and dividend growth is good. It should see higher volumes with existing assets. There is investor concern on whether they will buy Trans Alta. They already have KKR as a partner as well as a good balance sheet.              Buy 10  Hold 5  Sell 0

Likes it as a core income name. Uniquely placed in Western Canada to benefit from rising nat gas production. Guided to 4-6% EBITDA growth through 2026. Self-funding, with backlog and projects in place to support growth. Implies dividend can also grow in mid-single-digit range. Yield is 5.35%, track record of increasing dividend.

Will benefit from increased LNG export facility takeaway capacity. Declining interest rates will be a tailwind for the sector.

Just starting to break out, you can see it on the 5-year chart. Whenever you see a breakout, that's good news. Pretty decent-looking chart. If looking for entry points, perhaps buy on a pullback to the neckline around 50-ish dollars. As long as the breakout holds, anywhere near that $50 point is a great buy point.

Before you get too many legs in, maybe wait till it goes to $53, and then pulls back a buck or two.