Zacks Research Expects Reduced Earnings for Pembina Pipeline

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Equities researchers at Zacks Research dropped their Q1 2026 earnings estimates for Pembina Pipeline in a research note issued on Tuesday, December 23rd. Zacks Research analyst Team now expects that the pipeline company will post earnings per share of $0.52 for the quarter, down from their prior forecast of $0.53. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share. Zacks Research also issued estimates for Pembina Pipeline’s Q3 2026 earnings at $0.52 EPS.

A number of other brokerages have also issued reports on PBA. TD Securities dropped their target price on Pembina Pipeline from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, December 16th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Pembina Pipeline in a research note on Tuesday, December 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Pembina Pipeline in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.00.

Pembina Pipeline Stock Performance

Shares of Pembina Pipeline stock opened at $37.62 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.53 and a quick ratio of 0.41. The firm has a market cap of $21.86 billion, a price-to-earnings ratio of 18.81 and a beta of 0.63. The stock’s 50-day moving average is $38.15 and its 200-day moving average is $38.01. Pembina Pipeline has a one year low of $34.13 and a one year high of $42.40.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last announced its earnings results on Thursday, November 6th. The pipeline company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.14). Pembina Pipeline had a return on equity of 11.59% and a net margin of 22.17%.The company had revenue of $911.47 million during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the company posted $0.60 earnings per share. Pembina Pipeline’s revenue for the quarter was down 2.9% on a year-over-year basis.

Pembina Pipeline Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, December 15th. Pembina Pipeline’s dividend payout ratio is presently 101.50%.

Hedge Funds Weigh In On Pembina Pipeline

Institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in Pembina Pipeline by 78.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,088,945 shares of the pipeline company’s stock worth $283,770,000 after buying an additional 3,108,920 shares during the period. Tectonic Advisors LLC grew its stake in shares of Pembina Pipeline by 64.6% in the second quarter. Tectonic Advisors LLC now owns 26,479 shares of the pipeline company’s stock valued at $993,000 after acquiring an additional 10,390 shares in the last quarter. Quantbot Technologies LP grew its stake in shares of Pembina Pipeline by 66.3% in the second quarter. Quantbot Technologies LP now owns 76,566 shares of the pipeline company’s stock valued at $2,872,000 after acquiring an additional 30,523 shares in the last quarter. First Trust Advisors LP increased its position in Pembina Pipeline by 411.1% during the second quarter. First Trust Advisors LP now owns 1,247,976 shares of the pipeline company’s stock worth $46,820,000 after acquiring an additional 1,003,819 shares during the period. Finally, Westwood Holdings Group Inc. raised its stake in Pembina Pipeline by 14.1% in the 2nd quarter. Westwood Holdings Group Inc. now owns 1,629,929 shares of the pipeline company’s stock worth $61,139,000 after purchasing an additional 201,096 shares in the last quarter. 55.37% of the stock is currently owned by institutional investors and hedge funds.

Pembina Pipeline News Summary

Here are the key news stories impacting Pembina Pipeline this week:

• Positive Sentiment: ATB Capital Markets initiated a Buy on Pembina, signaling institutional support that could help underpin the share price. Pembina Pipeline (PBA) Gets a Buy from ATB Capital Markets
• Positive Sentiment: Zacks Research raised several forward EPS estimates, boosting FY2027 to $2.36 (from $2.34) and raising quarterly forecasts (examples: Q1 2027 to $0.55 from $0.50; Q2 2027 to $0.35 from $0.33; Q2 2026 to $0.48 from $0.46; Q3 2026 to $0.52 from $0.49). These upward revisions point to expected recovery/strength in 2027 and could support medium‑term multiple expansion.
• Negative Sentiment: Zacks cut some near-term estimates: Q4 2026 was lowered to $0.68 (from $0.77) and FY2026 to $2.19 (from $2.25), and it trimmed Q1 2026 slightly. Those downgrades and lowered near‑term visibility can pressure the stock until results re-accelerate.
• Negative Sentiment: Pembina’s most recent reported quarter missed consensus materially (EPS $0.31 vs. $0.45 expected; revenue ~$911M vs. ~$1.42B expected). The combination of that earnings miss and reduced revenue remains a near-term negative for investor sentiment and helps explain the share weakness.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation (NYSE: PBA) is a North American energy infrastructure company that develops, owns and operates midstream assets that transport, store and process hydrocarbons. Its core business focuses on the transportation of crude oil, natural gas liquids (NGLs) and condensate, along with gas processing, fractionation, storage and related marketing services. Pembina serves producers, refiners and other energy companies by providing pipeline capacity, terminal services and midstream solutions that link upstream production to downstream markets and export facilities.

The company’s asset base is concentrated in Western Canada, including major operations in Alberta and British Columbia, and it also has operations and commercial activities that extend into the United States.