Pembina Pipeline Corp (NYSE:PBA) (TSE:PPL) announced a nov 19 dividend on Friday, November 8th, RTT News reports. Stockholders of record on Monday, November 25th will be paid a dividend of 0.20 per share by the pipeline company on Friday, December 13th.
Shares of PBA stock traded up $0.14 on Friday, hitting $35.57. The company had a trading volume of 865,681 shares, compared to its average volume of 632,704. The firm has a market cap of $18.13 billion, a P/E ratio of 20.10, a P/E/G ratio of 3.42 and a beta of 0.73. The stock’s 50-day moving average is $36.02 and its two-hundred day moving average is $36.50. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.90. Pembina Pipeline has a twelve month low of $28.30 and a twelve month high of $38.56.
Pembina Pipeline (NYSE:PBA) (TSE:PPL) last issued its quarterly earnings results on Friday, November 1st. The pipeline company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.07. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Pembina Pipeline had a return on equity of 14.01% and a net margin of 23.79%. The business’s quarterly revenue was down 16.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 earnings per share. Equities research analysts predict that Pembina Pipeline will post 2.07 EPS for the current year.
Several brokerages have recently weighed in on PBA. CIBC reissued a “buy” rating on shares of Pembina Pipeline in a research note on Monday. Credit Suisse Group set a $58.00 price target on Pembina Pipeline and gave the company a “buy” rating in a research note on Monday, October 21st. ValuEngine raised Pembina Pipeline from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Zacks Investment Research cut Pembina Pipeline from a “buy” rating to a “hold” rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $49.00.
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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