Pembina Pipeline Corp

Chart & Performance

D1W1MN

P/E

17.12

P/S

3.33

EPS

3.06

Div Yield, %

5.19%

Shrs. gr., 5y

1.60%

Rev. gr., 5y

4.42%

Revenues

9.13b

-21.41%

Net income

1.78b

-40.22%

CFO

2.64b

-10.04%

Dividend

Sep 16, 20240.69 CAD/sh

Earnings

Feb 20, 2025

Profile

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. 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 3.1 millions of barrels of oil equivalent per day, ground storage of 11 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. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline and rail terminalling facilities. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.

URL

https://www.pembina.com/

IPO date

Oct 23, 1998

Employees

2,349

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	9,125,000 -21.41%	11,611,000 34.59%	8,627,000 39.10%
Cost of revenue	6,707,000	8,887,000	6,286,000
Unusual Expense (Income)
NOPBT	2,418,000	2,724,000	2,341,000
NOPBT Margin	26.50%	23.46%	27.14%
Operating Taxes	413,000	248,000	423,000
Tax Rate	17.08%	9.10%	18.07%
NOPAT	2,005,000	2,476,000	1,918,000
Net income	1,776,000 -40.22%	2,971,000 139.21%	1,242,000 -493.04%
Dividends	(1,579,000)	(1,651,000)	(1,521,000)
Dividend yield	6.28%	6.48%	7.19%
Proceeds from repurchase of equity	(50,000)	(323,000)	(421,000)
BB yield	0.20%	1.27%	1.99%
Debt
Debt current	727,000	679,000	1,088,000
Long-term debt	11,060,000	11,271,000	11,597,000
Deferred revenue	126,000	138,000	220,000
Other long-term liabilities	3,042,000	399,000	598,000
Net debt	4,663,000	4,486,000	8,020,000
Cash flow
Cash from operating activities	2,635,000	2,929,000	2,650,000
CAPEX	(606,000)	(605,000)	(658,000)
Cash from investing activities	(789,000)	(154,000)	(1,039,000)
Cash from financing activities	(1,800,000)	(2,720,000)	(1,665,000)
FCF	1,695,000	5,162,000	2,308,000
Balance
Cash	137,000	94,000	43,000
Long term investments	6,987,000	7,370,000	4,622,000
Excess cash	6,667,750	6,883,450	4,233,650
Stockholders' equity	15,813,000	15,789,000	14,363,000
Invested Capital	23,456,250	20,717,550	22,909,350
ROIC	9.08%	11.35%	8.32%
ROCE	8.03%	9.05%	7.76%
EV
Common stock shares outstanding	551,000	554,000	551,000
Price	45.62 -0.74%	45.96 19.78%	38.37 27.48%
Market cap	25,136,620 -1.28%	25,461,840 20.43%	21,141,870 27.71%
EV	31,998,620	32,215,840	31,738,870
EBITDA	3,081,000	3,407,000	3,064,000
EV/EBITDA	10.39	9.46	10.36
Interest	470,000	462,000	440,000
Interest/NOPBT	19.44%	16.96%	18.80%