Pembina Pipeline Corp (PPL.TO)

Recent beat, raised guidance. He models 5% EPS growth, 4% dividend growth, 15x 2025, not bad PEG. 59% payout ratio, so dividend is going to get paid. Balance sheet more leveraged than peers like ENB or TRP. Sets up well for a 7-year hold.

Really attractive at current prices. Exposure to natural gas growth in the Basin. Deal with ENB is good for them. Yield of 5.9% pays you while you wait for LNG egress to happen.

He likes the pipelines for their high dividends and have projects scheduled in coming years. Are safe to own now. PPL is one of the better-managed ones.

Energy infrastructure. Well diversified across the different commodities of natural gas, crude oil, natural gas liquid. Well positioned. Likes latest purchase from ENB, little integration risk. Operating and cost synergies. 70% of contracts are take or pay, so reliable cashflow. Yield is 5.9%, and dividend will probably go up a bit each year.

Encouraged that stock price has just about recovered from the funding equity issue discount of 7%, meaning the market liked the transaction.

Good business to own. Strong dividend yield. Recently bean earnings guidance. Leverage is lower than peers. Strong franchise value. Valuation not exactly cheap, but is a good long term hold. 

PPL offers a relatively safe 5.85% yield, steady cash flow and some upside potential from growth and an interest rate pivot. 
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Pipelines as a group are attractive for income. She owns ENB, yielding over 7%, and PPL with a yield of over 6%.

Defensive, pays a high dividend, low PE and not cyclical. Earnings last week beat in the EBIT side. Trading under 10x operating cash flow. Suffers fewer issues than TC and ENB.

Expects dividend increases in coming quarters, benefitting from higher oil prices. A good, long-term holding. It's cheaper than Enbridge but a little more expensive than TC Energy. Balance sheet is stronger than its peers. Pays a 6.5% dividend. He prefers TC because it yields a little more and trades a little cheaper, but there's nothing wrong with PPL.

PPL has been weak along with the sector, with higher interest rates the concern. But we think it is a good stock for income, and priced well. It has a decent record of dividend growth and its cash flow is highly stable. We would be comfortable owning it for income. 
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He uses them for some of his balanced portfolios. A hidden gem. Interest rates are rising, and some of these issues have a 5-year reset and are rolling higher. A very strong company. Preferred share pays an attractive dividend, with a floor to protect you if rates decline, but which will benefit if rates go higher.

Stock's been weak. Dividends haven't offset decline in share price. As interest rates roll down, share price will re-inflate. Good medium-term trade, and pick up great dividends while you wait.

Likes the pipelines. As they increase their grid, rate base will go up. Greater need for nat gas distribution. Good yield. Higher costs will be reflected in renewed contracts. Good place to be in the current environment. Yield on TRP is 8.1%, and he sees it as an opportunity, but they may not raise dividend as quickly as in the past.

One of the best deals in the stock market right now. Excellent assets with strong management team. Attractive dividend yield. Rising interest rates putting pressure on stock. Likely purchaser of Trans Mountain pipeline. Egress increasing in Canada a good situation for company. Stronger balance sheet than peers in industry. Very disciplined company.  

Likes energy infrastructure names down here. 6% EPS growth, 14x 2024 earnings. Missed on Q2, but reiterated growth outlook for 2023. You can go ahead and buy this here.

Higher interest rates have been a headwind. Likes the yield on ENB (over 7%) and PPL (6.5%).