Stock PPL PEMBINA PIPELINE CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Pembina Pipeline Corporation

Equities

PPL

CA7063271034

Oil & Gas Transportation Services

Market Closed - Toronto S.E.
Other stock markets
 04:00:00 2024-04-26 pm EDT 		5-day change 1st Jan Change
48.96 CAD +0.37% Intraday chart for Pembina Pipeline Corporation +2.04% +7.32%
Apr. 22 Pembina Pipeline Corporation(TSX:PPL.PRQ) added to S&P/TSX Preferred Share Index CI
Apr. 22 Pembina Pipeline Corporation(TSX:PPL.PRC) added to S&P/TSX Preferred Share Index CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 24,639 16,553 21,117 25,253 25,062 28,371 - -
Enterprise Value (EV) 1 35,481 27,348 32,313 35,759 35,424 42,557 41,784 40,801
P/E ratio 18.2 x -35 x 19.3 x 8.98 x 15.3 x 15.7 x 14.5 x 13.8 x
Yield 4.9% 8.37% 6.57% 5.55% 5.83% 5.57% 5.77% 5.86%
Capitalization / Revenue 3.41 x 2.67 x 2.45 x 2.17 x 2.75 x 2.86 x 2.82 x 2.73 x
EV / Revenue 4.91 x 4.41 x 3.75 x 3.08 x 3.88 x 4.29 x 4.16 x 3.93 x
EV / EBITDA 11.6 x 8.34 x 9.41 x 9.55 x 9.26 x 10.3 x 9.6 x 9.07 x
EV / FCF 40 x 22.4 x 16.2 x 15.4 x 17.5 x 20.2 x 17 x 15.5 x
FCF Yield 2.5% 4.47% 6.16% 6.5% 5.73% 4.95% 5.89% 6.46%
Price to Book 1.58 x 1.11 x 1.48 x 1.62 x 1.59 x - 1.93 x 1.93 x
Nbr of stocks (in thousands) 511,928 549,942 550,363 549,455 549,370 579,478 - -
Reference price 2 48.13 30.10 38.37 45.96 45.62 48.96 48.96 48.96
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,230 6,202 8,627 11,611 9,125 9,913 10,056 10,392
EBITDA 1 3,061 3,281 3,433 3,746 3,824 4,146 4,352 4,497
EBIT 1 2,550 2,581 2,710 3,063 3,161 3,337 3,511 3,582
Operating Margin 35.27% 41.62% 31.41% 26.38% 34.64% 33.66% 34.91% 34.47%
Earnings before Tax (EBT) 1 1,528 -416 1,665 3,219 2,189 2,445 2,670 2,929
Net income 1 1,361 -476 1,098 2,842 1,648 1,782 1,941 2,043
Net margin 18.82% -7.67% 12.73% 24.48% 18.06% 17.97% 19.31% 19.66%
EPS 2 2.650 -0.8600 1.990 5.120 2.990 3.119 3.369 3.560
Free Cash Flow 1 887 1,223 1,992 2,324 2,029 2,108 2,462 2,636
FCF margin 12.27% 19.72% 23.09% 20.02% 22.24% 21.27% 24.48% 25.37%
FCF Conversion (EBITDA) 28.98% 37.28% 58.03% 62.04% 53.06% 50.85% 56.56% 58.62%
FCF Conversion (Net income) 65.17% - 181.42% 81.77% 123.12% 118.35% 126.8% 129.04%
Dividend per Share 2 2.360 2.520 2.520 2.550 2.660 2.727 2.823 2.870
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,149 2,560 3,038 3,095 2,779 2,699 2,297 2,070 2,292 2,466 2,559 2,618 2,703 3,192 -
EBITDA 1 850 970 1,006 849 967 925 947 823 1,021 1,033 995.3 982.7 1,068 1,130 1,093
EBIT 1 670 790 829 651 821 763 792 657 - 855 741.2 740 800.3 841.7 808.5
Operating Margin 31.18% 30.86% 27.29% 21.03% 29.54% 28.27% 34.48% 31.74% - 34.67% 28.96% 28.27% 29.61% 26.37% -
Earnings before Tax (EBT) 1 781 133 - - - - - - - - 587 519 657 672 -
Net income 1 554 44 448 418 1,795 214 338 328 316 666 392 358.5 427 469.5 -
Net margin 25.78% 1.72% 14.75% 13.51% 64.59% 7.93% 14.71% 15.85% 13.79% 27.01% 15.32% 13.69% 15.8% 14.71% -
EPS 2 1.010 0.0800 0.8100 0.6900 3.230 0.3900 0.6100 0.6000 0.5700 1.210 0.7384 0.6687 0.7509 0.8397 -
Dividend per Share 2 0.6300 0.6300 0.6300 0.6300 0.6400 0.6500 0.6500 0.6700 0.6700 0.6700 0.6715 0.6860 0.6877 0.6877 0.6988
Announcement Date 11/4/21 2/24/22 5/5/22 8/4/22 11/3/22 2/23/23 5/4/23 8/3/23 11/2/23 2/22/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 10,842 10,795 11,196 10,506 10,362 14,186 13,413 12,430
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.542 x 3.29 x 3.261 x 2.805 x 2.71 x 3.422 x 3.082 x 2.764 x
Free Cash Flow 1 887 1,223 1,992 2,324 2,029 2,108 2,462 2,636
ROE (net income / shareholders' equity) 10.6% 7.33% 8.28% 12.1% 10.4% 11.4% 11.2% 12.3%
ROA (Net income/ Total Assets) 5.52% 3.63% 3.85% 3.49% 5.14% 5.63% 5.77% 6.75%
Assets 1 24,670 -13,121 28,512 81,444 32,052 31,625 33,667 30,266
Book Value Per Share 30.50 27.20 26.00 28.40 28.80 - 25.30 25.30
Cash Flow per Share 2 4.940 4.100 4.820 5.300 4.790 5.380 5.450 5.400
Capex 1 1,645 1,029 658 605 606 944 798 725
Capex / Sales 22.75% 16.59% 7.63% 5.21% 6.64% 9.52% 7.94% 6.98%
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Pembina Pipeline Corporation

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
48.96 CAD
Average target price
52.32 CAD
Spread / Average Target
+6.87%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Transportation Services

1st Jan change Capi.
PEMBINA PIPELINE CORPORATION Stock Pembina Pipeline Corporation
+7.32% 20.73B
ENBRIDGE INC. Stock Enbridge Inc.
+2.64% 76.02B
ENTERPRISE PRODUCTS PARTNERS L.P. Stock Enterprise Products Partners L.P.
+10.28% 63.11B
WILLIAMS COMPANIES Stock Williams Companies
+12.72% 47.84B
ONEOK, INC.. Stock Oneok, Inc..
+15.44% 47.31B
MPLX LP Stock MPLX LP
+14.24% 42.4B
KINDER MORGAN, INC. Stock Kinder Morgan, Inc.
+5.90% 41.46B
TC ENERGY CORPORATION Stock TC Energy Corporation
-4.75% 37.36B
CHENIERE ENERGY PARTNERS, L.P. Stock Cheniere Energy Partners, L.P.
-1.57% 23.72B
PLAINS ALL AMERICAN PIPELINE, L.P. Stock Plains All American Pipeline, L.P.
+17.95% 12.53B
Other Oil & Gas Transportation Services
  1. Stock Market
  2. Equities
  3. PPL Stock
  4. Financials Pembina Pipeline Corporation