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 6,809 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 5 articles about PBA published over the past 30 days
Neutral
Zacks Investment Research
6 days ago
Pembina's 2025 Guidance Calls for WCSB Growth and Capex of C$1.1B
PBA forecasts EBITDA of C$4.2-C$4.5B, driven by rising WCSB volumes and strategic capital investment to meet Canada's energy demands in 2025.
Neutral
Business Wire
1 week ago
Pembina Pipeline Corporation Announces 2025 Guidance and Provides Business Update
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its 2025 financial guidance and provided a business update. Highlights 2025 adjusted EBITDA guidance of $4.2 billion to $4.5 billion, which relative to Pembina's guidance for 2024 is driven by the positive impacts of continued volume growth across the Western Canadian Sedimentary Basin ("WCSB"), new assets acquired or placed into service, and the full year impact of.
Neutral
Business Wire
2 weeks ago
Pembina Pipeline Corporation Announces Redemption of Series 22 Preferred Shares
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its intention to redeem its issued and outstanding Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 22 ("Series 22 Shares") (TSX: PPL.PF.B) on January 8, 2025 (the "Redemption Date"). Pembina intends to redeem all of its 1,028,130 issued and outstanding Series 22 Shares, in accordance with the terms of the Series 22 Shares, as set out in the Comp.
Negative
Zacks Investment Research
2 weeks 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 weeks 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
1 month 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
1 month 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
1 month 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
1 month 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
1 month 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.
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