Pembina Pipeline (PBA) Scheduled to Post Quarterly Earnings on Thursday

Pembina Pipeline (NYSE:PBA) (TSE:PPL) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last posted its quarterly earnings data on Thursday, February 22nd. The pipeline company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.55 by $0.34. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates 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 Stock Up 1.1 %

NYSE:PBA opened at $35.89 on Tuesday. The company has a market cap of $20.80 billion, a PE ratio of 16.24, a P/E/G ratio of 5.28 and a beta of 1.20. Pembina Pipeline has a twelve month low of $28.15 and a twelve month high of $36.17. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average is $35.18 and its two-hundred day moving average is $33.98.

Pembina Pipeline Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $0.4944 per share. This represents a $1.98 annualized dividend and a yield of 5.51%. The ex-dividend date was Thursday, March 14th. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.48. Pembina Pipeline’s payout ratio is currently 89.14%.

Analyst Ratings Changes

PBA has been the topic of several recent research reports. StockNews.com raised shares of Pembina Pipeline from a “hold” rating to a “buy” rating in a report on Friday, April 12th. 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. 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 issued a buy rating to the stock. According to data from MarketBeat, Pembina Pipeline has a consensus rating of “Moderate Buy” and a consensus target price of $52.00.

Pembina Pipeline Company Profile

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.