Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) Director Bruce D. Rubin purchased 4,000 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The stock was acquired at an average price of C$34.03 per share, for a total transaction of C$136,120.00.

Shares of TSE:PPL opened at C$44.68 on Wednesday. Pembina Pipeline Corp has a twelve month low of C$37.60 and a twelve month high of C$47.84. The company has a current ratio of 0.70, a quick ratio of 0.50 and a debt-to-equity ratio of 53.72.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 23rd will be paid a dividend of $0.19 per share. The ex-dividend date is Wednesday, November 21st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.10%. Pembina Pipeline’s payout ratio is 90.65%.

Several equities analysts recently weighed in on the stock. BMO Capital Markets increased their price target on shares of Pembina Pipeline from C$52.00 to C$54.00 in a report on Friday, November 2nd. Raymond James increased their price target on shares of Pembina Pipeline from C$50.00 to C$51.00 and gave the stock an “outperform” rating in a report on Tuesday, November 6th. CSFB upgraded shares of Pembina Pipeline from a “neutral” rating to an “outperform” rating and increased their price target for the stock from C$46.00 to C$54.00 in a report on Friday, November 16th. National Bank Financial increased their price target on shares of Pembina Pipeline from C$56.00 to C$58.00 and gave the stock an “outperform” rating in a report on Friday, November 2nd. Finally, CIBC increased their price target on shares of Pembina Pipeline from C$51.00 to C$53.00 in a report on Friday, November 2nd. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Pembina Pipeline currently has a consensus rating of “Buy” and an average price target of C$54.46.

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About Pembina Pipeline

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 company operates approximately 10,000 kilometers of pipeline network that transports hydrocarbon liquids and extends across Alberta and parts of British Columbia, Saskatchewan, and North Dakota; and owns and operates the Nipisi and Mitsue pipelines, which provide transportation for producers operating in the Pelican Lake and Peace River heavy oil regions of Alberta; transports synthetic crude oil for the Syncrude project and the Horizon project to delivery points near Edmonton, Alberta; and operates Cheecham Lateral, which transports synthetic crude to oil sands producers operating southeast of Fort McMurray, Alberta.

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Insider Buying and Selling by Quarter for Pembina Pipeline (TSE:PPL)

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