Get a deeper insight into the potential performance of Pembina Pipeline (PBA) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Pembina Pipeline (PBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I rate Pembina Pipeline as a 'buy' due to strong dividends and recent earnings. Over 90% of EBITDA is secured by long-term, stable contracts, supporting reliable cash flow and dividend coverage. Pembina's history of strategic M&A has expanded its infrastructure and diversified its revenue streams.
Pembina's hybrid bonds offer a yield premium over regular bonds, but is it enough? Pembina preferred shares have rallied and are no longer attractive. We found the best opportunity in Pembina's covered calls, using long-dated calls for a strong margin of safety and an 8.71% yield.
Pembina Pipeline is a value and income play amid market uncertainty, given its 5.6% yield and below-peer average valuation. PBA's fee-based, diversified business model and investment-grade balance sheet support steady dividends and future growth. It's demonstrating rising volumes, and has a robust multi-billion project backlog.
PBA offers robust earnings, dividend growth and strategic contracts but faces commodity volatility, regulatory risks and project delays.
PBA expects its 2025 adjusted EBITDA to be near the midpoint of the target range of C$4.2 billion to C$4.5 billion.
Pembina Pipeline Corporation, Inc. (NYSE:PBA ) Q1 2025 Earnings Conference Call May 9, 2025 10:00 AM ET Company Participants Dan Tucunel - VP, Capital Markets Scott Burrows - President, CEO & Director Cameron Goldade - SVP & CFO Jaret Sprott - SVP & COO Chris Scherman - SVP, Marketing & Strategy Officer Conference Call Participants Jeremy Tonet - JPMorgan Spiro Dounis - Citi Theresa Chan - Barclays Aaron MacNeil - TD Cowen Praneeth Satish - Wells Fargo Rob Hope - Scotiabank Patrick Kenny - National Bank Financial Maurice Choy - RBC Capital Markets Robert Catellier - CIBC Capital Markets Ben Pham - BMO Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Pembina Pipeline Corporation Q1 2025 Results Conference Call. [Operator Instructions] This call is being recorded on Friday, May 9, 2025.
While the top- and bottom-line numbers for Pembina Pipeline (PBA) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Pembina Pipeline (PBA) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.54 per share a year ago.
Pembina Pipeline (PBA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
We had previously recommended deep-in-the-money covered calls for Pembina and noted the lack of opportunities in Pembina's preferred shares. We did find one new opportunity in the selloff. We tell you why this is a good deal and why we are getting married to this one versus just having an affair.