Pembina Pipeline (PBA) Stock

Pembina Pipeline has finished acquiring a 50% stake in the Kaybob Complex, which will enhance infrastructure in Karr, Gold Creek, and Lator to facilitate growth.

PBA predicts that its EBITDA will be between C$4.2 billion and C$4.5 billion, thanks to increasing volumes from the Western Canadian Sedimentary Basin and planned investments to satisfy Canada's energy needs in 2025.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has shared its financial outlook for 2025 along with a business update. The company expects adjusted EBITDA to be between $4.2 billion and $4.5 billion, which is an improvement compared to its 2024 guidance, thanks to ongoing volume growth in the Western Canadian Sedimentary Basin ("WCSB"), new assets that have been acquired or are now operational, and the full-year effects of these changes.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has announced that it plans to redeem its Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 22 ("Series 22 Shares") (TSX: PPL.PF.B) on January 8, 2025. The company will redeem all 1,028,130 Series 22 Shares that are currently outstanding, following the terms outlined for these shares.

Donald Trump's election is likely to help Canadian energy companies such as Pembina Pipeline, which is focused on meeting global energy needs. Pembina's varied investments and long-term agreements ensure steady and low-risk returns. The stock has a potential increase of 12.9% from its current price, leading to a long-term Buy recommendation, while Series 5 preferred shares currently yield 7.3%, compared to the less appealing 6.9% yield of Series 7 preferred shares after their reset.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has announced that it plans to redeem all of its $150,000,000 senior unsecured medium-term notes, series 19 (the "Series 19 Notes") that are due on June 22, 2026. This redemption will take place on November 17, 2024 (the "Redemption Date") at a price of about $1,023.19 for each $1,000 of the Series 19 Notes.

PBA expects its adjusted EBITDA to be between C$4.23 billion and C$4.33 billion for 2024. They also plan to keep their debt-to-adjusted EBITDA ratio between 3.4 and 3.6 times.

Pembina Pipeline Corporation (NYSE:PBA) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 10:00 AM ET. The call will feature company executives, including Dan Tucunel, Cameron Goldade, and Scott Burrows, among others. Various financial analysts from major banks will also participate in the call.

Pembina Pipeline (PBA) reported quarterly earnings of $0.44 per share, which is lower than the Zacks Consensus Estimate of $0.56 per share. In comparison, the company earned $0.42 per share during the same period last year.