Besides Wall Street's top-and-bottom-line estimates for Pembina Pipeline (PBA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.
Pembina Pipeline Corporation offers a resilient, diversified midstream model with 65%-75% take-or-pay contracts, ensuring predictable cash flows. PBA's growth outlook is driven by new assets, higher utilization, and the Cedar LNG project, though execution risk remains from customer project delays. I set a $46.32 price target, representing 7% upside, justified by stable fee-based EBITDA, dividend growth, and strong financial positioning.
PBA's strong commercial pipeline and hedging protect against volatility, but Cedar LNG delays, project uncertainties and market underperformance pose risks to growth.
PBA boasts strong financials, long-term contracts and growth in LNG, but faces risks from underperformance, execution challenges and limited near-term cash flow.
Pembina Pipeline remains a low-risk, dividend-focused investment with reaffirmed 2025 EBITDA guidance and improved growth visibility from major projects. PBA's near-term softness in Q3 is offset by strong nine-month results, robust free cash flow, and ongoing developments in pipelines, LNG, and data center-related infrastructure. Solid dividends with a competitive yield, supporting a Buy rating with a 23.7% upside potential.
PBA expects 2025 adjusted EBITDA in the range of C$4.25 billion to C$4.35 billion compared with the previous guidance of C$4.23 billion to C$4.43 billion.
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.
PBA boasts integrated assets, strong contract life and capital efficiency, but faces declining earnings, commodity volatility and rising competitive pressures.
PBA and Kineticor push forward the 1,800 MW Greenlight project, reshaping Alberta's power and gas landscape.
Pembina Pipeline (PBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
PBA shows strong pipeline growth and propane exports, yet margin compression, commodity volatility and capex-heavy years may limit near-term gains.
PBA's second-quarter earnings are in line with estimates as asset retirements and lower margins weigh on results.