Pembina Pipeline Corporation (PBA)

Energy · NYQ

$44.58+0.11% today

Price as at 1 Oct 2026, 02:41 UTC. Quotes are delayed.

Fundamentals

Market cap$29.78B
P/E ratio26.8
Dividend yield4.04%
Revenue growth (YoY)-7.7%
Profit margin22.2%
Return on equity9.8%
52-week range$36.20 to $51.58

Valuation and ratings

Fair value estimate$20.48
Upside to fair value-54.1%
Analyst target (mean)$42.36
Analyst range$42.36 to $42.36
Analysts with price targets1
Consensus viewbuy
Moat score54/100
Overall rating34/100, low quality

Fair value: $20.48 (-54.1%), see how we got there

Pembina Pipeline Corporation trades at $44.58, which is 54% above the $20.48 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 54 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 26.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

PBA dividend history

Dividend yield4.04%
Paid, trailing 12 months$1.57 per share
Most recent payment$0.529, ex 15 Sept 2026
5-year growth (p.a.)-11.8%
Consecutive years paid14

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$1.573
2025$1.002
2024$1.994
2023$1.964
2022$1.9612
2021$2.0112
2020$1.8812
2019$1.7812
2018$1.5912
2017$1.2910
2016$1.4312

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

PBA earnings and analyst estimates

EPS estimate, next year$3.10
Expected EPS growth+1.9%
Expected revenue growth+2.8%

Recommendation mix, 18 published ratings

11 buy6 hold1 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Pembina Pipeline Corporation

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 3.0 million of barrels of oil equivalent per day, and the ground storage capacity of 10 million of barrels serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with crude oil, natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 430 thousands of barrels of NGL fractionation capacity, 21 million of barrels of cavern storage capacity, and various oil batteries, associated pipeline, and rail terminalling facilities and a liquefied propane export facility. 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.

Industry: Oil & Gas MidstreamEmployees: 2,974HQ: Canada

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

PBA passes 5 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in PBA

Trades in PBA disclosed by members of Congress and executive-branch officials, latest first:

  • Kevin Hern · HouseSell · $15,001 - $50,000 · traded 27 Aug 2026 · disclosed 25 Sept 2026
  • Bill Flores · HouseBuy · $15,001 - $50,000 · traded 2 Oct 2018 · disclosed 14 Nov 2018

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

PBA peers

The largest companies in the same industry (Oil & Gas Midstream), then in the same sector.

Every energy company we cover is on the Energy hub.

Common questions

Is Pembina Pipeline Corporation (PBA) undervalued?

Against our fair value estimate of $20.48, PBA at $44.58 is 54% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own PBA?

6 of the institutions we track reported a position in PBA in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is PBA's P/E ratio?

PBA trades at 26.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Pembina Pipeline Corporation (PBA) pay a dividend?

Yes. Pembina Pipeline Corporation yields 4.04% at the current share price. It has paid $1.57 per share over the trailing twelve months. It has paid a dividend in each of the last 14 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its PBA data?

Fundamentals for PBA come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:41 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for PBA, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.