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%.
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.
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.
Pembina Pipeline (PBA) Q3 Earnings and Revenues Miss Estimates
Pembina Pipeline (PBA) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.42 per share a year ago.
Pembina Pipeline to Report Q3 Earnings: What's in Store for the Stock?
PBA is expected to report lower revenues compared with the year-ago quarter. However, the bottom line is anticipated to improve due to decreasing costs.
Pembina Pipeline (PBA) Reports Next Week: Wall Street Expects Earnings Growth
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.
Pembina Pipelines: Preferreds Getting Expensive, But We Are Still Playing One
Pembina's recent acquisitions were expensive on EBITDA multiples and show the limited opportunities that it has for organic growth. Pembina Preferred shares can be categorized into three groups: short-term bond-like instruments, overvalued minimum reset shares, and slightly undervalued shares resetting soon. We go over these 3 groups and tell you which one we bought.
Pembina Pipeline: A Steady Flow Of Income And Growth
Pembina Pipeline Corp. offers a 4.9% dividend yield, supported by strong business fundamentals, fee-based revenue, and strategic acquisitions. PBA achieved a 33% YoY EBITDA increase and raised 2024 guidance due to better-than-expected acquisition synergies. The company maintains a healthy balance sheet with low leverage and significant liquidity, supporting financial stability and growth potential.
Pembina's Shares Gain 18% YTD: Should You Buy or Wait for Now?
PBA offers a strong dividend and growing cash flow, but it is also exposed to commodity price fluctuations and regional market risks.
Pembina Pipeline to Acquire Veren's Midstream Assets in C$400M Deal
PBA plans to buy oil batteries from Veren for C$400 million, which will strengthen its partnership through long-term contracts and strategic synergies.
Pembina (PBA) Q2 Earnings Rise Y/Y, Sales Lag Estimates
Pembina (PBA) anticipates its 2024 adjusted EBITDA to range from C$4.20 billion to C$4.35 billion and plans a capital investment of C$1.3 billion, which includes a C$140 million adjustment.
Pembina Pipeline Corporation (PBA) Q2 2024 Earnings Call Transcript
Pembina Pipeline Corporation. (NYSE:PBA ) Q2 2024 Earnings Conference Call August 9, 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 Chase Praneeth Satish - Wells Fargo Patrick Kenny - National Bank Financial Rob Hope - Scotiabank Robert Catalier - CIBC Capital Markets Ben Pham - BMO Robert Kwan - RBC Capital Markets Operator Good morning ladies and gentlemen and welcome to Pembina Pipeline Corporation Q2 2024 Results Conference Call.
