Pembina Pipeline Corp. with ticker code (PBA) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 44.61 and 34.99 and has a mean target at 39.3. With the stocks previous close at 35.29 this would imply there is a potential upside of 11.4%. There is a 50 day moving average of 37.82 while the 200 day moving average is 34.65. The company has a market cap of $19,371m. Visit the company website at: https://www.pembina.com
The potential market cap would be $21,572m based on the market concensus.
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. 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 3.1 millions of barrels of oil equivalent per day, ground storage 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 incorporated in 1954 and is headquartered in Calgary, Canada.
