Atb Cap Markets Predicts Lower Earnings for Pembina Pipeline

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Investment analysts at Atb Cap Markets reduced their FY2025 earnings per share estimates for shares of Pembina Pipeline in a research note issued on Wednesday, November 6th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $3.14 for the year, down from their previous estimate of $3.27. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.79 by C($0.19). The company had revenue of C$1.84 billion for the quarter, compared to analysts’ expectations of C$2.03 billion. Pembina Pipeline had a net margin of 20.60% and a return on equity of 11.89%.

A number of other equities research analysts have also recently weighed in on PPL. Jefferies Financial Group upped their price objective on shares of Pembina Pipeline from C$56.00 to C$58.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Raymond James set a C$63.00 price objective on Pembina Pipeline and gave the company an “outperform” rating in a research report on Friday, October 11th. CIBC lifted their price objective on Pembina Pipeline from C$59.00 to C$60.00 in a research note on Monday, July 15th. Royal Bank of Canada increased their target price on Pembina Pipeline from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, JPMorgan Chase & Co. lifted their price target on Pembina Pipeline from C$60.00 to C$62.00 and gave the stock a “hold” rating in a research report on Thursday, October 3rd. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Pembina Pipeline currently has an average rating of “Moderate Buy” and a consensus price target of C$58.29.

Pembina Pipeline Stock Up 1.2 %

TSE:PPL opened at C$57.69 on Monday. The company has a debt-to-equity ratio of 77.50, a current ratio of 0.69 and a quick ratio of 0.50. The firm’s 50-day moving average price is C$56.92 and its 200-day moving average price is C$53.15. The company has a market capitalization of C$33.47 billion, a PE ratio of 17.48, a P/E/G ratio of 1.58 and a beta of 1.48. Pembina Pipeline has a 1-year low of C$43.37 and a 1-year high of C$59.86.

Pembina Pipeline Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.69 per share. The ex-dividend date is Monday, December 16th. This represents a $2.76 dividend on an annualized basis and a yield of 4.78%. Pembina Pipeline’s dividend payout ratio is presently 84.66%.

Insider Buying and Selling at Pembina Pipeline

In related news, Senior Officer Jaret Sprott sold 37,414 shares of Pembina Pipeline stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$52.55, for a total value of C$1,965,933.60. In other news, Senior Officer J. Scott Burrows sold 3,926 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of C$54.32, for a total value of C$213,251.68. Also, Senior Officer Jaret Sprott sold 37,414 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$52.55, for a total transaction of C$1,965,933.60. Company insiders own 0.05% of the company’s stock.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.