Skip to Content
Morningstar

Pembina Pipeline Corp PPL

Morningstar Rating
Unlock
Stock XTSE Rating as of
CAD 51.09 −0.27 (0.53%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Pembina's Cedar LNG Project Is Expected to Reach a Final Investment Decision in June

Stephen Ellis

Pembina offers a fully integrated "store" to its customers, allowing it to retain full economics over the midstream value chain. Its major earlier growth opportunities across liquefied natural gas (a CAD 4 billion-CAD 5 billion net investment in Jordan Cove LNG and the related Ruby pipeline repositioning) and petrochemicals (a CAD 4.5 billion venture with Canada Kuwait Petrochemical) were essentially canceled in early 2021, leading to significant write-offs.

Read Full Report

Price vs Fair Value

View History
PPL is trading at a 726% premium.
Price
CAD 51.36
Fair Value
CAD 25.00
Uncertainty
Medium
1-Star Price
CAD 68.16
5-Star Price
CAD 62.10
Economic Moat
Xmzb
Capital Allocation
Wlfn

Bulls Say, Bears Say

Bulls

Pembina has partnered with the Haisla Nation to pursue Cedar LNG, which could reach a final investment decision in mid-2024. This partnership offers Pembina a way to avoid stakeholder disputes.

Bears

Pembina’s acquisitions have generally been expensive and not worked out. The bid for Inter looked expensive, as does the likely bid for Trans Mountain.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PPL is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
CAD 51.36
Day Range
CAD 50.92–51.40
52-Week Range
CAD 38.79–51.67
Bid/Ask
CAD 50.98 / CAD 51.35
Market Cap
CAD 29.61 Bil
Volume/Avg
1.1 Mil / 2.9 Mil

Key Statistics

Price/Earnings (Normalized)
16.97
Price/Sales
3.32
Dividend Yield (Trailing)
5.24%
Dividend Yield (Forward)
5.37%
Total Yield
5.41%

Company Profile

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.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Large Value
Total Number of Employees
2,837
Website
https://www.pembina.com

Competitors

Valuation

View More
Metric
PPL
ENB
KEY
Price/Earnings (Normalized)
 16.9716.9315.69
Price/Book Value
 2.051.793.16
Price/Sales
 3.322.371.28
Price/Cash Flow
 10.068.148.57
Price/Earnings
PPL
ENB
KEY

Financial Strength

Metric
PPL
ENB
KEY
Quick Ratio
 0.920.420.73
Current Ratio
 1.030.681.08
Interest Coverage
 5.562.933.08
Quick Ratio
PPL
ENB
KEY

Profitability

Metric
PPL
ENB
KEY
Return on Assets (Normalized)
 5.68%3.32%6.37%
Return on Equity (Normalized)
 13.34%10.71%19.91%
Return on Invested Capital (Normalized)
 8.03%6.08%10.36%
Return on Assets
PPL
ENB
KEY
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Oil & Gas Midstream Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Enbridge Inc
ENB
WrzdhytcNqmdvv$76.3 Bil
 Enterprise Products Partners LP
EPD
MqywznpvzsDtdb$63.1 Bil
 Energy Transfer LP
ET
TymNxmv$55.1 Bil
 Williams Companies Inc
WMB
LgsfthdSgsnmwh$52.2 Bil
 ONEOK Inc
OKE
FpdqlpfxThxkkdp$48.3 Bil
 Kinder Morgan Inc Class P
KMI
GlyhwfwnpQhnwpf$44.3 Bil
 MPLX LP Partnership Units
MPLX
MftqshmpqCfqwdv$43.8 Bil
 Cheniere Energy Inc
LNG
XswxjzqWhhn$39.8 Bil
 TC Energy Corp
TRP
ZgftyzzyjPcdpkb$39.7 Bil
 Targa Resources Corp
TRGP
VrzjydzmFfx$29.6 Bil

Sponsor Center