Pembina Pipeline Corp. with ticker code (PBA) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 56.97 and 46.17 and has a mean target at $52.06. Given that the stocks previous close was at $32.36 this would indicate that there is a potential upside of 60.9%. It’s also worth noting that there is a 50 day moving average of $32.72 and the 200 day MA is $34.18. The market cap for the company is $17,897m. You can visit the company’s website by visiting: https://www.pembina.com
The potential market cap would be $28,792m based on the market consensus.
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 2.8 millions of barrels of oil equivalent per day, the ground storage capacity of 11 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. 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 founded in 1954 and is headquartered in Calgary, Canada.
The company has a dividend yield of 5.96% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.56, revenue per share of 21 and a 4.44% return on assets.
