Pembina Pipeline (PBA) Projected to Post Earnings on Thursday

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

Pembina Pipeline Price Performance

Shares of NYSE PBA opened at $36.06 on Tuesday. The stock has a market cap of $20.93 billion, a price-to-earnings ratio of 14.90 and a beta of 1.25. Pembina Pipeline has a 52 week low of $33.83 and a 52 week high of $43.44. The company’s 50-day moving average price is $36.66 and its 200 day moving average price is $39.43. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Barclays assumed coverage on shares of Pembina Pipeline in a research note on Thursday, December 12th. They issued an “overweight” rating on the stock. TD Securities began 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Pembina Pipeline presently has an average rating of “Hold” and an average price target of $56.50.

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.