Pembina Pipeline (TSE:PPL – Get Free Report) (NYSE:PBA) is scheduled to be releasing its earnings data after the market closes on Thursday, November 2nd. Analysts expect Pembina Pipeline to post earnings of C$0.63 per share for the quarter.
Pembina Pipeline (TSE:PPL – Get Free Report) (NYSE:PBA) last announced its earnings results on Thursday, August 3rd. The company reported C$0.60 EPS for the quarter, missing the consensus estimate of C$0.61 by C($0.01). The company had revenue of C$2.07 billion for the quarter, compared to the consensus estimate of C$2.07 billion. Pembina Pipeline had a return on equity of 18.46% and a net margin of 28.48%.
Pembina Pipeline Stock Performance
TSE PPL opened at C$42.23 on Thursday. The company has a quick ratio of 0.50, a current ratio of 0.62 and a debt-to-equity ratio of 72.15. The company has a market capitalization of C$23.19 billion, a P/E ratio of 8.74, a P/E/G ratio of 4.80 and a beta of 1.57. Pembina Pipeline has a 12-month low of C$38.79 and a 12-month high of C$49.62. The firm has a 50-day moving average price of C$41.36 and a two-hundred day moving average price of C$41.90.
Pembina Pipeline Announces Dividend
Analysts Set New Price Targets
Several equities analysts have issued reports on PPL shares. CSFB decreased their price target on shares of Pembina Pipeline from C$52.00 to C$51.00 in a research report on Wednesday, August 16th. Citigroup set a C$42.00 price objective on shares of Pembina Pipeline and gave the company a “neutral” rating in a report on Thursday, October 5th. Scotiabank reduced their price objective on shares of Pembina Pipeline from C$49.00 to C$48.00 in a report on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of Pembina Pipeline from C$51.00 to C$50.00 in a research report on Friday, July 14th. Finally, TD Securities dropped their price target on shares of Pembina Pipeline from C$54.00 to C$50.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Pembina Pipeline currently has an average rating of “Moderate Buy” and a consensus price target of C$49.36.
Check Out Our Latest Analysis on PPL
Pembina Pipeline Company Profile
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 2.8 millions of barrels of oil equivalent per day, the ground storage capacity of 11 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.
Featured Stories
- Five stocks we like better than Pembina Pipeline
- What Are Dividend Achievers? An Introduction
- The top 3 stocks insiders are selling, but you shouldn’t
- How to Invest in Energy
- Spirit AeroSystems Goes Airborne After Inking a Boeing Deal
- Where Do I Find 52-Week Highs and Lows?
- Simon Property Group’s 7.2% Dividend Has Insiders Buying In Bulk
Receive News & Ratings for Pembina Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline and related companies with MarketBeat.com's FREE daily email newsletter.
