Scotiabank Reduces Earnings Estimates for Pembina Pipeline

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Research analysts at Scotiabank dropped their FY2026 EPS estimates for shares of Pembina Pipeline in a report issued on Thursday, July 23rd. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $3.30 for the year, down from their prior estimate of $3.32. Scotiabank currently has a “Hold” rating and a $73.00 target price on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.81 earnings per share for the quarter. The business had revenue of C$2.11 billion for the quarter. Pembina Pipeline had a return on equity of 9.98% and a net margin of 22.22%.

A number of other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. raised their price target on Pembina Pipeline from C$64.00 to C$67.00 in a research report on Friday, May 15th. National Bank Financial boosted their price objective on shares of Pembina Pipeline from C$63.00 to C$71.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. Citigroup lowered shares of Pembina Pipeline from a “strong-buy” rating to a “hold” rating and boosted their price objective for the stock from C$63.00 to C$70.00 in a research report on Monday, May 18th. Scotia increased their price objective on shares of Pembina Pipeline from C$65.00 to C$69.00 and gave the company a “sector outperform” rating in a research note on Friday, July 3rd. Finally, TD upgraded shares of Pembina Pipeline from a “hold” rating to a “buy” rating and raised their target price for the company from C$65.00 to C$75.00 in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Pembina Pipeline has a consensus rating of “Moderate Buy” and a consensus price target of C$67.00.

Pembina Pipeline Stock Down 2.6%

PPL opened at C$70.53 on Monday. The business’s fifty day moving average is C$67.81 and its two-hundred day moving average is C$62.44. The company has a debt-to-equity ratio of 82.35, a quick ratio of 0.50 and a current ratio of 0.83. The company has a market cap of C$41.01 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 1.58 and a beta of 0.27. Pembina Pipeline has a one year low of C$48.74 and a one year high of C$72.72.

About Pembina Pipeline

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America’s energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities.