Pembina Pipeline
About: Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.
Employees: 2,837
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
40% more funds holding in top 10
Funds holding in top 10: 10 [Q2] → 14 (+4) [Q3]
15% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 41
7% more capital invested
Capital invested by funds: $12.5B [Q2] → $13.3B (+$815M) [Q3]
2% more funds holding
Funds holding: 380 [Q2] → 386 (+6) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 131
2.48% less ownership
Funds ownership: 57.74% [Q2] → 55.27% (-2.48%) [Q3]
74% less call options, than puts
Call options by funds: $132M | Put options by funds: $515M
Research analyst outlook
We haven’t received any recent analyst ratings for PBA.
Financial journalist opinion
Based on 8 articles about PBA published over the past 30 days
Negative
Zacks Investment Research
13 hours ago
Why Is Pembina Pipeline (PBA) Down 1% Since Last Earnings Report?
Pembina Pipeline (PBA) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
3 days ago
Pembina Pipeline: Low-Risk Dividend Play. Series 5 Preferreds Offer Competitive Yield
The election of Donald Trump is expected to benefit Canadian energy firms like Pembina Pipeline, aligning with its strategic focus on global energy demand. Pembina's diversified portfolio and long-term contracts provide low-risk, stable returns. A 12.9% upside to the current market price results in a long-term Buy rating. Series 5 preferred shares offer a current yield of 7.3%, while Series 7 preferreds after reset are likely to be less attractive, with a yield of 6.9%.
Neutral
Business Wire
2 weeks ago
Pembina Pipeline Corporation Announces Conversion Results for Series 7 Preferred Shares
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 7 ("Series 7 Shares") (TSX: PPL.PR.G) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 8 of Pembina ("Series 8 Shares") on December 1, 2024. After taking into account all the conversion notices received from holders of its outstanding Series 7 Shares by.
Neutral
Business Wire
2 weeks ago
Pembina Pipeline Corporation Announces Completion of Redemption of Series 19 Medium Term Notes
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it completed the previously announced redemption of its outstanding $150 million aggregate principal amount of senior unsecured medium-term notes, series 19 (the "Series 19 Notes") due June 22, 2026 for cash on November 17, 2024 (the "Redemption Date"). The Series 19 Notes were redeemed at a redemption price of approximately $1,023.19 for each $1,000 principal.
Neutral
Business Wire
4 weeks ago
Pembina Pipeline Corporation Announces Intention to Redeem its Series 19 Medium Term Notes
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it intends to exercise its option to redeem all of its outstanding $150,000,000 aggregate principal amount of senior unsecured medium-term notes, series 19 (the "Series 19 Notes") due June 22, 2026 for cash on November 17, 2024 (the "Redemption Date") at a redemption price of approximately $1,023.19 for each $1,000 principal amount of Series 19 Notes, being equ.
Negative
Zacks Investment Research
4 weeks ago
Pembina Pipeline's Q3 Earnings Miss Estimates, Sales Fall Y/Y
PBA anticipates adjusted EBITDA in the range of C$4.23-C$4.33 billion for 2024. It also expects to maintain a debt-to-adjusted EBITDA ratio of 3.4-3.6 times.
Neutral
Seeking Alpha
4 weeks ago
Pembina Pipeline Corporation (PBA) Q3 2024 Earnings Call Transcript
Pembina Pipeline Corporation (NYSE:PBA ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Dan Tucunel - VP, Capital Markets Cameron Goldade - SVP and CFO Scott Burrows - President and CEO Jaret Sprott - SVP and COO Chris Scherman - SVP, Marketing and Strategy Officer Stuart Taylor - SVP and Corporate Development Officer Conference Call Participants Jeremy Tonet - JPMorgan Praneeth Satish - Wells Fargo Rob Hope - Scotiabank Maurice Choy - RBC Capital Banks Robert Catellier - CIBC Ben Pham - BMO A.J. O'Donnell - CPH Anthony Linton - Jefferies Manav Gupta - UBS Patrick Kenny - National Bank Financial Operator Good morning, ladies and gentlemen, and welcome to the Pembina Pipeline Corporation Q3 2024 Results Conference Call.
Negative
Zacks Investment Research
4 weeks ago
Pembina Pipeline (PBA) Q3 Earnings and Revenues Miss Estimates
Pembina Pipeline (PBA) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.42 per share a year ago.
Neutral
Business Wire
4 weeks ago
Pembina Pipeline Corporation Reports Results for the Third Quarter 2024 and Updates Full Year Guidance
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the third quarter of 2024. Highlights Quarterly Results - reported quarterly earnings of $385 million, quarterly adjusted EBITDA of $1,019 million, and quarterly adjusted cash flow from operating activities of $724 million. Guidance - 2024 adjusted EBITDA guidance range has been narrowed to $4.225 billion to $4.325 billion (pr.
Neutral
Business Wire
1 month ago
Pembina Pipeline Corporation Provides Notice of Series 7 Preferred Share Conversion Right and Announces Reset Dividend Rates
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 7 ("Series 7 Shares") (TSX: PPL.PR.G) on December 1, 2024. As a result of the decision not to redeem the Series 7 Shares, and subject to certain terms of the Series 7 Shares, the holders of the Series 7 Shares will have.
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