Pembina Pipeline (PBA) Projected to Post Earnings on Thursday

Pembina Pipeline (NYSE:PBA) (TSE:PPL) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $1.44 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Pembina Pipeline Trading Down 0.3 %

Shares of PBA stock opened at $36.06 on Tuesday. Pembina Pipeline has a 1-year low of $33.83 and a 1-year high of $43.44. The firm’s 50-day simple moving average is $36.66 and its 200-day simple moving average is $39.43. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.65 and a quick ratio of 0.51. The firm has a market cap of $20.93 billion, a P/E ratio of 14.90 and a beta of 1.25.

Analysts Set New Price Targets

PBA has been the topic of several research reports. Barclays initiated coverage on shares of Pembina Pipeline in a report on Thursday, December 12th. They issued an “overweight” rating on the stock. TD Securities initiated coverage on shares of Pembina Pipeline in a report on Wednesday, January 15th. They issued a “buy” rating on the stock. Finally, Wells Fargo & Company lowered shares of Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $56.50.

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.