TSE:PPL
26.40
2.75
(11.63%)
Pembina Pipeline is a Canadian petroleum and natural gas pipeline operator.
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Analysis and Opinions about PPL-T
Signal
Opinion
Expert
BUY
BUY
March 11, 2020
Yesterday, it was down 25-30% on a day, so he picked some up. The street thinks some of the producers won't be around in the next 3-6 months. The market's overdoing the selloff. Growth and balance sheet are fine. It'll bounce around a bit. He likes it longer term.
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Yesterday, it was down 25-30% on a day, so he picked some up. The street thinks some of the producers won't be around in the next 3-6 months. The market's overdoing the selloff. Growth and balance sheet are fine. It'll bounce around a bit. He likes it longer term.
DON'T BUY
DON'T BUY
March 10, 2020
Outlook for Pembina in fulfilling take-or-pay contracts with clients. That's exactly the concern behind the stock going down. That's the risk. It's like Chorus Aviation's relationship to Air Canada (though AC has a strong balance sheet and is well-positioned). PPL was trading at a pricey 20x EBIT to EBITDA. Pays a big, growing yield at a reasonable payout ratio, assuming they can maintain cash flow. The market is determining how risky that is. PPL has lost its utility-like premium and trading down. Valuation is cheaper, but it's becoming volatile. Let the dust settle before considering this.
Outlook for Pembina in fulfilling take-or-pay contracts with clients. That's exactly the concern behind the stock going down. That's the risk. It's like Chorus Aviation's relationship to Air Canada (though AC has a strong balance sheet and is well-positioned). PPL was trading at a pricey 20x EBIT to EBITDA. Pays a big, growing yield at a reasonable payout ratio, assuming they can maintain cash flow. The market is determining how risky that is. PPL has lost its utility-like premium and trading down. Valuation is cheaper, but it's becoming volatile. Let the dust settle before considering this.
DON'T BUY
DON'T BUY
March 9, 2020
It's more defensive at this volatility time of year, but anything energy today was massacred. PPL crashed through support and its 200-day average. Today was horrible. PPL got crushed. Avoid. Oil needs to rise above $40 for oil stocks to have a chance.
Show full opinionHide full opinionIt's more defensive at this volatility time of year, but anything energy today was massacred. PPL crashed through support and its 200-day average. Today was horrible. PPL got crushed. Avoid. Oil needs to rise above $40 for oil stocks to have a chance.
PAST TOP PICK
PAST TOP PICK
February 26, 2020
(A Top Pick Dec 16/19, Up 7%) Tremendous growth potential, an income pick with a strong dividend. His buy price is just under $50.
Show full opinionHide full opinion(A Top Pick Dec 16/19, Up 7%) Tremendous growth potential, an income pick with a strong dividend. His buy price is just under $50.
PAST TOP PICK
PAST TOP PICK
February 24, 2020
(A Top Pick Nov 14/19, Up 12%) Down only 1.37% on this sell-off day. It's a steady-eddy. It's been trending sharply up since December. He's still buying it.
Show full opinionHide full opinion(A Top Pick Nov 14/19, Up 12%) Down only 1.37% on this sell-off day. It's a steady-eddy. It's been trending sharply up since December. He's still buying it.
BUY
BUY
February 19, 2020
A dividend play. He likes it and owns the preferred shares. The 6-month outlook is positive. Pays a good 4.7% dividend.
Show full opinionHide full opinionA dividend play. He likes it and owns the preferred shares. The 6-month outlook is positive. Pays a good 4.7% dividend.
PAST TOP PICK
PAST TOP PICK
February 13, 2020
(A Top Pick Feb 13/19, Up 16%) Great income stock. Continues to increase the dividend of 4.8%. Very well placed in western Canada, also in the US. Can grow its cash flow by mid-single digits each year.
Show full opinionHide full opinion(A Top Pick Feb 13/19, Up 16%) Great income stock. Continues to increase the dividend of 4.8%. Very well placed in western Canada, also in the US. Can grow its cash flow by mid-single digits each year.
BUY
BUY
February 11, 2020
Suncor vs. Pembina Investor sentiment for oil is very weak, but Suncor is among the better performers in the last decade because their Oil Sands assets have such a long life that they don't have to keep investing money each year to maintain that production. Ultimately, Canada needs to see takeaway capacity to improve. He owns Pembina which is not as directly effected by the oil price. Suncor is an oil play; Pembina is an income play. Either one is fine.
Suncor vs. Pembina Investor sentiment for oil is very weak, but Suncor is among the better performers in the last decade because their Oil Sands assets have such a long life that they don't have to keep investing money each year to maintain that production. Ultimately, Canada needs to see takeaway capacity to improve. He owns Pembina which is not as directly effected by the oil price. Suncor is an oil play; Pembina is an income play. Either one is fine.
BUY
BUY
January 28, 2020
Safe dividend? Yes, very. PPL has take-or-pay contracts with producer, which are guaranteed payments. Management does a good job keeping risk low. They just made an acquisition, so their balance sheet is a little higher than usual, but this will come down in coming quarters. Their purchase in strategic--two pipelines and a storage facility. A very safe stock, despite a little volatility.
Show full opinionHide full opinionSafe dividend? Yes, very. PPL has take-or-pay contracts with producer, which are guaranteed payments. Management does a good job keeping risk low. They just made an acquisition, so their balance sheet is a little higher than usual, but this will come down in coming quarters. Their purchase in strategic--two pipelines and a storage facility. A very safe stock, despite a little volatility.
PAST TOP PICK
PAST TOP PICK
January 16, 2020
(A Top Pick Nov 22/19, Up 7%) Bit of overhead resistance now. If it starts to fail at current prices, they may have to ditch it. He's keeping an eye on it.
Show full opinionHide full opinion(A Top Pick Nov 22/19, Up 7%) Bit of overhead resistance now. If it starts to fail at current prices, they may have to ditch it. He's keeping an eye on it.
BUY
BUY
January 10, 2020
Kinder Morgan sold 5% of PPL shares, then the stock went up--so that overhang is now gone. Also, PPL just released details of their new petrochemical project, which helps de-risk PPL. That's why this stock jumped $2. Dividend is growing by 6%. He expects 8% free cash flow per share growth. PPL is a good, growing name with new projects. The whole sector is expensive though. A fine name overall at the current price.
Kinder Morgan sold 5% of PPL shares, then the stock went up--so that overhang is now gone. Also, PPL just released details of their new petrochemical project, which helps de-risk PPL. That's why this stock jumped $2. Dividend is growing by 6%. He expects 8% free cash flow per share growth. PPL is a good, growing name with new projects. The whole sector is expensive though. A fine name overall at the current price.
COMMENT
COMMENT
January 3, 2020
He owns ENB and TRP instead. He sold this to reduce his exposure in the area. Nothing wrong with the company, he just sees better dividend and capital growth opportunities with the others. Yield 5.3%
PAST TOP PICK
PAST TOP PICK
December 31, 2019
(A Top Pick Nov 22/19, Up 3%) Bought this as a defensive move. Pays a 5% dividend and won't move down too much if there is a market pullback.
Show full opinionHide full opinion(A Top Pick Nov 22/19, Up 3%) Bought this as a defensive move. Pays a 5% dividend and won't move down too much if there is a market pullback.
WAIT
WAIT
December 24, 2019
Better than IPL. He's waiting for a breakout above current levels, but more level it will stall before rising in February-March (due to a market pullback, he predicts). Be patient.
Show full opinionHide full opinionBetter than IPL. He's waiting for a breakout above current levels, but more level it will stall before rising in February-March (due to a market pullback, he predicts). Be patient.
TOP PICK
TOP PICK
December 23, 2019
It is a great way to play energy. It has had a long base pattern. It pays a nice dividend. They are adding propane capacity. He expects the share price to accelerate. He expects the dividend to increase. (Analysts’ price target is $54.93)
Show full opinionHide full opinionIt is a great way to play energy. It has had a long base pattern. It pays a nice dividend. They are adding propane capacity. He expects the share price to accelerate. He expects the dividend to increase. (Analysts’ price target is $54.93)
Pembina Pipeline Corp(PPL-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 22
Neutral - Hold Signals / Votes : 6
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 32
Pembina Pipeline Corp(PPL-T) Frequently Asked Questions
What is Pembina Pipeline Corp stock symbol?
Pembina Pipeline Corp is a Canadian stock, trading under the symbol PPL-T on the Toronto Stock Exchange (PPL-CT). It is usually referred to as TSX:PPL or PPL-T
Is Pembina Pipeline Corp a buy or a sell?
In the last year, 32 stock analysts published opinions about PPL-T. 22 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Pembina Pipeline Corp.
Is Pembina Pipeline Corp a good investment or a top pick?
Pembina Pipeline Corp was recommended as a Top Pick by Greg Newman on 2020-03-11. Read the latest stock experts ratings for Pembina Pipeline Corp.
Why is Pembina Pipeline Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Pembina Pipeline Corp worth watching?
32 stock analysts on Stockchase covered Pembina Pipeline Corp In the last year. It is a trending stock that is worth watching.
What is Pembina Pipeline Corp stock price?
On 2020-03-31, Pembina Pipeline Corp (PPL-T) stock closed at a price of $26.4.
