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.
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) 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'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 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.
PBA offers a strong dividend and growing cash flow, but it is also exposed to commodity price fluctuations and regional market risks.
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) 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. (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.
Pembina Pipeline (PBA) came out with quarterly earnings of $0.55 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.45 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.
Pembina Pipeline Corporation reported strong Q1-2024 results, beating analyst estimates. Pembina reached FID on Cedar LNG and also acquired assets from Whitecap Resources. We tell you why we went with the PPL.PR.E preferred shares in the recent preferred selloff.