Zacks Research Has Bullish Estimate for TSE:PPL Q2 Earnings

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Analysts at Zacks Research boosted their Q2 2026 earnings per share estimates for shares of Pembina Pipeline in a research note issued on Wednesday, March 19th. Zacks Research analyst T. Saha now anticipates that the company will post earnings of $0.44 per share for the quarter, up from their prior estimate of $0.43. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.

PPL has been the subject of a number of other reports. Citigroup raised Pembina Pipeline from a “neutral” rating to a “buy” rating in a report on Monday, March 10th. Barclays set a C$63.00 target price on Pembina Pipeline and gave the company an “overweight” rating in a research note on Thursday, December 12th. UBS Group decreased their target price on shares of Pembina Pipeline from C$62.00 to C$57.00 in a research note on Wednesday, March 5th. BMO Capital Markets lowered their price objective on shares of Pembina Pipeline from C$61.00 to C$59.00 in a research note on Friday, December 13th. Finally, Wells Fargo & Company lowered Pembina Pipeline from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from C$63.00 to C$57.00 in a research note on Wednesday, December 18th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$59.31.

Pembina Pipeline Stock Performance

TSE:PPL opened at C$56.90 on Friday. The company has a 50 day simple moving average of C$53.51 and a two-hundred day simple moving average of C$55.24. Pembina Pipeline has a fifty-two week low of C$46.71 and a fifty-two week high of C$60.72. The company has a market capitalization of C$32.89 billion, a PE ratio of 16.51, a P/E/G ratio of 1.58 and a beta of 1.48. The company has a debt-to-equity ratio of 78.68, a quick ratio of 0.50 and a current ratio of 0.65.

Insiders Place Their Bets

In other news, Senior Officer Janet C. Loduca sold 5,338 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of C$55.46, for a total value of C$296,045.48. Also, Senior Officer J. Scott Burrows bought 12,087 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were acquired at an average cost of C$54.05 per share, for a total transaction of C$653,302.35. 0.05% of the stock is currently owned by insiders.

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.