TSE:PPL
29.97
0.42
(1.42%)
Pembina Pipeline is a Canadian petroleum and natural gas pipeline operator.
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Pembina Pipeline Corp
PPL-T
Analysis and Opinions about PPL-T
Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
September 15, 2020
(A Top Pick Sep 12/19, Down 30%) It got hit in the whole energy sell-off. An excellent pipeline name. In Q1, they pulled back capex plans to protect their dividend (8% is safe) and balance sheet. Most of their contracts are long-term, and their clients are investment-grade. A fine income stock.
Show full opinionHide full opinion
(A Top Pick Sep 12/19, Down 30%) It got hit in the whole energy sell-off. An excellent pipeline name. In Q1, they pulled back capex plans to protect their dividend (8% is safe) and balance sheet. Most of their contracts are long-term, and their clients are investment-grade. A fine income stock.
BUY WEAKNESS
BUY WEAKNESS
August 18, 2020
It had a lot of growth ahead, then the pandemic threw that into question. It's waiting on the future demand for energy and pipelines. The monthly dividend is safe as long as contracted players continue to pay, but the risk is in those contracts voiding and defaulting. This applies to peers like Keyera. PPL is more diversified and bigger vs. its peers. He's picking away at it, but this is a volatile space. Oil stocks are grinding higher, though, as the WTI price keeps rising and shale oil is not coming back and Canadian production is flatlining. Buy at low-$30/high-$20s. Hold at mid-$30s and hope things will normalize.
It had a lot of growth ahead, then the pandemic threw that into question. It's waiting on the future demand for energy and pipelines. The monthly dividend is safe as long as contracted players continue to pay, but the risk is in those contracts voiding and defaulting. This applies to peers like Keyera. PPL is more diversified and bigger vs. its peers. He's picking away at it, but this is a volatile space. Oil stocks are grinding higher, though, as the WTI price keeps rising and shale oil is not coming back and Canadian production is flatlining. Buy at low-$30/high-$20s. Hold at mid-$30s and hope things will normalize.
HOLD
HOLD
August 13, 2020
Prefers Enbridge, as the growth is higher and the dividend has become almost 7%. PPL is a safe place to be if we get a bit of a pullback. If you own it, keep holding.
BUY
BUY
August 11, 2020
She's confident in Pembina, which have a combination of oil and natural gas pipelines, plus midstream operations. Pembina have made acquisitions which have improved their U.S. presence. Pembina was prudent when the pandemic hit when they slashed capex to protect their dividend and balance sheet. It yield's over 7%. Their midstream operations in the Montney are well-positioned and low cost. They delayed their capex projects, but will bring back those projects slowly which will strengthen their growth profile.
Show full opinionHide full opinionShe's confident in Pembina, which have a combination of oil and natural gas pipelines, plus midstream operations. Pembina have made acquisitions which have improved their U.S. presence. Pembina was prudent when the pandemic hit when they slashed capex to protect their dividend and balance sheet. It yield's over 7%. Their midstream operations in the Montney are well-positioned and low cost. They delayed their capex projects, but will bring back those projects slowly which will strengthen their growth profile.
TOP PICK
TOP PICK
July 17, 2020
A beautiful yield and decent upside. An excellent quality balance sheet. A safe place to put your money and avoid paying 30 times book value and taking on large market risks. Yield 7.5% (Analysts’ price target is $38.95)
Show full opinionHide full opinionA beautiful yield and decent upside. An excellent quality balance sheet. A safe place to put your money and avoid paying 30 times book value and taking on large market risks. Yield 7.5% (Analysts’ price target is $38.95)
COMMENT
COMMENT
July 17, 2020
He doesn't know which pipeline would be better than the other one. However, he prefers to play energy with pipelines in general. He has been focusing on the US since there, they are more supportive of the sector. The Canadian government is less supportive of pipelines. It's not a growth area for him.
Show full opinionHide full opinionHe doesn't know which pipeline would be better than the other one. However, he prefers to play energy with pipelines in general. He has been focusing on the US since there, they are more supportive of the sector. The Canadian government is less supportive of pipelines. It's not a growth area for him.
BUY
BUY
July 14, 2020
A well-run pipeline company. The dividend is safe at 7.5%. As oil prices recover, he thinks pipelines will deliver crude for many years. Growth will be tough though. He'd be happy to hold it here.
Show full opinionHide full opinionA well-run pipeline company. The dividend is safe at 7.5%. As oil prices recover, he thinks pipelines will deliver crude for many years. Growth will be tough though. He'd be happy to hold it here.
COMMENT
COMMENT
July 8, 2020
Sell Banks for Pipelines? He likes this strategy. Balance the weight between both he suggests. Pipelines are economically sensitive these days, due to their weightings in the energy ETFs. ENB, TRP and PPL have been particularly sensitive. He thinks the valuations warrant investment here.
BUY
BUY
June 29, 2020
This is a smart long term play. It has a well contracted asset base. It is diverse. It has a lot of things going for it. Within the pipeline industry it is one he would find more exciting at this time.
Show full opinionHide full opinionThis is a smart long term play. It has a well contracted asset base. It is diverse. It has a lot of things going for it. Within the pipeline industry it is one he would find more exciting at this time.
BUY
BUY
June 12, 2020
A good company with take-or-pay contracts. If oil fills storage and producers go bankrupt, they may need to revise terms. He likes management and the dividend rate. In a world of higher oil prices, this will do well. You can add here. They have been a good steward of capital, with projects coming in on time and on schedule.
Show full opinionHide full opinionA good company with take-or-pay contracts. If oil fills storage and producers go bankrupt, they may need to revise terms. He likes management and the dividend rate. In a world of higher oil prices, this will do well. You can add here. They have been a good steward of capital, with projects coming in on time and on schedule.
BUY
BUY
May 21, 2020
Preferred share with 8.73%. It is a mid-stream company and the underlying stock is down quite a bit. He likes it as a business. The credit that you have within this space is really quite good. He sees no reason why they would default on the payment. It is just lumped into energy.
Show full opinionHide full opinionPreferred share with 8.73%. It is a mid-stream company and the underlying stock is down quite a bit. He likes it as a business. The credit that you have within this space is really quite good. He sees no reason why they would default on the payment. It is just lumped into energy.
HOLD
HOLD
May 14, 2020
This is one of the difficult themes coming through these times. Energy is as cheap as it has been vs. the S&P in the last 30 years. Structurally there is a headwind. The most defensive part of energy would be the pipes and this one is a good quality company. He has almost no exposure to the energy space. He thinks you can count on the distribution, but the total return may not be great. He would prefer to see a turn happen first before putting new money to work.
Show full opinionHide full opinionThis is one of the difficult themes coming through these times. Energy is as cheap as it has been vs. the S&P in the last 30 years. Structurally there is a headwind. The most defensive part of energy would be the pipes and this one is a good quality company. He has almost no exposure to the energy space. He thinks you can count on the distribution, but the total return may not be great. He would prefer to see a turn happen first before putting new money to work.
PAST TOP PICK
PAST TOP PICK
May 13, 2020
(A Top Pick May 14/19, Down 28%) They still it own as one of two pipeline holdings. They were active mid-March as COVID began and oil prices collapsed. They cut their discretionary capex by $4.5 billion, of which $1 billion will be cut this year. Recent earnings reported were fine and they have continued guidance at the lower end of the range. Take or pay contracts are good. Dividend payout ratios are about 60%. Yield 7.5%
Show full opinionHide full opinion(A Top Pick May 14/19, Down 28%) They still it own as one of two pipeline holdings. They were active mid-March as COVID began and oil prices collapsed. They cut their discretionary capex by $4.5 billion, of which $1 billion will be cut this year. Recent earnings reported were fine and they have continued guidance at the lower end of the range. Take or pay contracts are good. Dividend payout ratios are about 60%. Yield 7.5%
BUY WEAKNESS
BUY WEAKNESS
May 8, 2020
PPL & ALA? PPL at $18.50 is his target buy price. ALA might be a good buy if we take out the lows of March.
BUY
BUY
April 28, 2020
Trashed along with the entire energy sector. Surprising how low this fell, but he bought in the mid-20s. Safe dividend. Smart operators. They can reduce costs further, if needed. The selling is way overdone here and with Enbridge.
Trashed along with the entire energy sector. Surprising how low this fell, but he bought in the mid-20s. Safe dividend. Smart operators. They can reduce costs further, if needed. The selling is way overdone here and with Enbridge.
Pembina Pipeline Corp(PPL-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 27
Neutral - Hold Signals / Votes : 8
Bearish - Sell Signals / Votes : 5
Total Signals / Votes : 40
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, 40 stock analysts published opinions about PPL-T. 27 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. 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 Christine Poole on 2020-09-15. 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?
40 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 2020-09-22, Pembina Pipeline Corp (PPL-T) stock closed at a price of $29.97.
