Pembina Pipeline (PBA) Scheduled to Post Earnings on Thursday

Pembina Pipeline (NYSE:PBA) (TSE:PPL) is set to release its earnings data after the market closes on Thursday, May 9th. Analysts expect Pembina Pipeline to post earnings of $0.52 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last issued its quarterly earnings results on Thursday, February 22nd. The pipeline company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.34. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.83 billion. Pembina Pipeline had a net margin of 19.43% and a return on equity of 13.11%. On average, analysts expect Pembina Pipeline to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Pembina Pipeline Price Performance

PBA stock opened at $34.70 on Thursday. The company has a 50 day simple moving average of $35.12 and a 200 day simple moving average of $33.86. The stock has a market cap of $20.11 billion, a price-to-earnings ratio of 15.70, a P/E/G ratio of 5.36 and a beta of 1.20. Pembina Pipeline has a 1 year low of $28.15 and a 1 year high of $36.17. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.82 and a quick ratio of 0.71.

Pembina Pipeline Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $0.4944 per share. This represents a $1.98 dividend on an annualized basis and a yield of 5.70%. This is a boost from Pembina Pipeline’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Thursday, March 14th. Pembina Pipeline’s dividend payout ratio is currently 89.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. CIBC upped their price objective on shares of Pembina Pipeline from $56.00 to $57.00 and gave the stock an “outperformer” rating in a research report on Friday, April 19th. StockNews.com upgraded shares of Pembina Pipeline from a “hold” rating to a “buy” rating in a research report on Friday, April 12th. Finally, TheStreet upgraded shares of Pembina Pipeline from a “c” rating to a “b-” rating in a research report on Thursday, February 29th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $52.00.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.