Pembina Pipeline Corp (PPL) Scheduled to Post Earnings on Thursday
Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) is set to release its earnings data after the market closes on Thursday, November 2nd. Analysts expect Pembina Pipeline Corp to post earnings of C$0.39 per share for the quarter.
Shares of Pembina Pipeline Corp (TSE PPL) opened at 40.72 on Thursday. Pembina Pipeline Corp has a 52 week low of $37.25 and a 52 week high of $44.65. The company has a market capitalization of $16.41 billion and a PE ratio of 31.81. The company has a 50 day moving average price of $42.24 and a 200 day moving average price of $42.62.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, October 25th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, October 24th. This is an increase from Pembina Pipeline Corp’s previous monthly dividend of $0.17. This represents a $2.16 annualized dividend and a yield of 5.30%.
In other news, insider Michael H. Dilger purchased 10,000 shares of the business’s stock in a transaction on Monday, August 14th. The stock was purchased at an average cost of C$32.32 per share, with a total value of C$323,200.00.
Several research firms recently commented on PPL. TD Securities raised their price objective on shares of Pembina Pipeline Corp from C$51.00 to C$52.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. AltaCorp Capital raised shares of Pembina Pipeline Corp from a “sector perform” rating to an “outperform” rating in a report on Wednesday, July 19th. J P Morgan Chase & Co raised their price objective on shares of Pembina Pipeline Corp from C$52.00 to C$53.00 in a report on Tuesday, September 26th. CIBC raised their price objective on shares of Pembina Pipeline Corp from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a report on Tuesday, October 3rd. Finally, Scotiabank raised their price objective on shares of Pembina Pipeline Corp from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. Nine analysts have rated the stock with a buy rating, Pembina Pipeline Corp currently has an average rating of “Buy” and an average target price of C$49.67.
WARNING: “Pembina Pipeline Corp (PPL) Scheduled to Post Earnings on Thursday” was posted by American Banking News and is the property of of American Banking News. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/10/26/pembina-pipeline-corp-ppl-scheduled-to-post-earnings-on-thursday.html.
Pembina Pipeline Corp Company Profile
Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.
Receive News & Ratings for Pembina Pipeline Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline Corp and related companies with MarketBeat.com's FREE daily email newsletter.