Pembina Pipeline Corp. which can be found using ticker (PBA) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 42.01 and 34.04 with the average target price sitting at $38.39. Given that the stocks previous close was at $30.55 this now indicates there is a potential upside of 25.7%. It’s also worth noting that there is a 50 day moving average of $33.81 and the 200 moving average now moves to $34.53. The company has a market cap of $17,093m. You can visit the company’s website by visiting: https://www.pembina.com
The potential market cap would be $21,480m 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 6.1% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.37, revenue per share of 21 and a 4.44% return on assets.
