Pembina Pipeline Corp (NYSE:PBA) (TSE:PPL) declared a dec 19 dividend on Wednesday, December 4th, RTT News reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.20 per share by the pipeline company on Wednesday, January 15th.
NYSE PBA traded up $0.24 during trading on Wednesday, hitting $34.51. The company had a trading volume of 990,582 shares, compared to its average volume of 636,879. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 0.67. Pembina Pipeline has a one year low of $28.30 and a one year high of $38.56. The company has a market cap of $17.54 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 3.38 and a beta of 0.76. The company’s fifty day moving average is $35.54 and its 200-day moving average is $36.43.
Pembina Pipeline (NYSE:PBA) (TSE:PPL) last issued its quarterly earnings data on Friday, November 1st. The pipeline company reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.07. Pembina Pipeline had a net margin of 23.79% and a return on equity of 14.01%. The business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.78 billion. During the same period in the prior year, the business earned $0.39 EPS. The company’s revenue for the quarter was down 16.9% on a year-over-year basis. As a group, equities analysts anticipate that Pembina Pipeline will post 2.14 EPS for the current year.
Several research analysts have commented on PBA shares. Credit Suisse Group set a $58.00 price objective on shares of Pembina Pipeline and gave the stock a “buy” rating in a report on Monday, October 21st. ValuEngine upgraded shares of Pembina Pipeline from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research lowered shares of Pembina Pipeline from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. UBS Group started coverage on shares of Pembina Pipeline in a report on Monday, November 25th. They issued a “neutral” rating and a $50.00 price objective for the company. Finally, CIBC restated a “buy” rating on shares of Pembina Pipeline in a report on Monday, November 4th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $49.33.
Pembina Pipeline Company Profile
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three divisions: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines division operates conventional, transmission, and oil sands and heavy oil pipeline assets with a total capacity of 3 million barrels of oil serving markets and basins across North America through conventional, transmission, and oil sand pipelines assets.
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