PPL : Pembina Pipeline Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Pembina Pipeline Corporation trades with the ticker PPL on the TSX and is in the Oil & Gas Midstream industry.

Overview
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 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 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. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.
 

Looking to invest in Pembina Pipeline Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PPL.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $26451.677MM

PE Ratio: 16.1

Price: 27.25 (Updated: 3/12/2024 0:47:16)



Pembina Pipeline Corporation (PPL) vs Competitors in Oil & Gas Midstream

Lets see how PPL.TO stacks up against others in the Oil & Gas Midstream asset management industry. We have identified its main peers as:

AltaGas Ltd, Enbridge Inc, Inter Pipeline Ltd, Keyera Corp, TC Energy Corporation

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Oil & Gas Midstream Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
AltaGas Ltd (ALA) $8,525.842 12.819 11.236 4.1%
Enbridge Inc (ENB) $102,793.536 17.028 11.31 7.6%
Inter Pipeline Ltd (IPL) $8,206.304 17.071 22.214 2.6%
Keyera Corp (KEY) $7,724.747 18.222 11.16 5.9%
Pembina Pipeline Corporation (PPL) $26,451.677 16.1 11.893 5.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas Midstream

  • Pembina Pipeline Corporation (PPL) vs AltaGas Ltd (ALA)
    • PPL has higher EPS (2.99 vs 2.26). PPL has higher dividend yield (5.6% vs 4.1%). PPL has a higher P/E ratio (16.1 vs 12.819) indicating it’s more expensive.
  • Pembina Pipeline Corporation (PPL) vs Enbridge Inc (ENB)
    • PPL has higher EPS (2.99 vs 2.84). ENB has higher dividend yield (7.6% vs 5.6%). ENB has a higher P/E ratio (17.028 vs 16.1) indicating it’s more expensive.
  • Pembina Pipeline Corporation (PPL) vs Inter Pipeline Ltd (IPL)
    • PPL has higher EPS (2.99 vs 1.12). PPL has higher dividend yield (5.6% vs 2.6%). IPL has a higher P/E ratio (17.071 vs 16.1) indicating it’s more expensive.
  • Pembina Pipeline Corporation (PPL) vs Keyera Corp (KEY)
    • PPL has higher EPS (2.99 vs 1.85). KEY has higher dividend yield (5.9% vs 5.6%). KEY has a higher P/E ratio (18.222 vs 16.1) indicating it’s more expensive.
  • Pembina Pipeline Corporation (PPL) vs TC Energy Corporation (TRP)
    • PPL has higher EPS (2.99 vs 2.75). TRP has higher dividend yield (7.1% vs 5.6%). TRP has a higher P/E ratio (19.738 vs 16.1) indicating it’s more expensive.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (16.10) than the industry average (17.93), indicating potential undervaluation. Features a lower EV/EBITDA ratio (11.89) than the industry average (11.97), indicating attractive valuation.
 

How to Buy PPL stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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