Pembina Pipeline Corp. with ticker code (PBA) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 37.64 and 32.15 calculating the average target price we see 35.09. Given that the stocks previous close was at 37.89 this would indicate that there is a downside of -7.4%. There is a 50 day moving average of 34.33 and the 200 moving average now moves to 32.39. The market capitalisation for the company is $20,694m. Find out more information at: https://www.pembina.com
The potential market cap would be $19,164m 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 145 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.
