Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Pembina Pipeline Corporation

PBANYSE
Wall Street Score · overall investment35/100
$50.06USD+$0.11 (+0.22%)
Company website www.pembina.com
Headquarters585 - 8th Avenue South West, Calgary, AB, T2P 1G1, CA
Financial statement currencyCAD · converted to USD at 0.701438
Energy · Oil & Gas Midstream
Price updated todayFinancials updated Oct 12, 2026

PBA · Price history

Price at last available close

$50.06

+$5.01 (+11.12%) 1M

2026-10-28

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Company & revenue

About Pembina Pipeline Corporation

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Pembina Pipeline Corporation delivers vital transportation and midstream infrastructure solutions to the energy industry. Its business is organized into three principal divisions. The Pipelines segment oversees a vast network of conventional, oil sands, heavy oil, and transmission pipelines, capable of moving 3.

How they make money

Pembina Pipeline Corporation operates as a North American energy transportation and midstream service provider. It generates revenue by providing pipeline transportation, terminalling, and storage services for crude oil, condensate, natural gas liquids, and natural gas, as well as through gas gathering, processing, and NGL fractionation infrastructure and the marketing of hydrocarbon liquids.

Products & services

Energy transportation, midstream services, natural gas gathering and processing, NGL fractionation, storage, and hydrocarbon marketing.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

Marketing & New VenturesCAD 4.06B52.2%

Period ended 2025-12-31Source

PipelinesCAD 3.32B42.6%

Period ended 2025-12-31Source

FacilitiesCAD 357.00M4.6%

Period ended 2025-12-31Source

CorporateCAD 46.00M0.6%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Energy infrastructure equipment and construction service providers — Various third-party contractors and equipment suppliers for pipeline and facility construction and maintenance; specific company names are unnamed.Source

Strengths

  • Strategically located pipeline network and infrastructure assets across North AmericaSource
  • Integrated service offerings providing flexibility and optionality for customersSource

Risks

  • Operational disruptions, apportionment, and regulatory action on third-party systemsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

35

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

52

Fair

Financial Strength

61

Business Quality / Moat

36

Management

64

Growth Quality

29

Risk / Durability

72

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

35

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

44/100

Building Historical Record

Model Score 44/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for PBA

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can PBA maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is PBA's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is PBA's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify PBA's current valuation?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

35

0–100 · Poor

Opportunity Score

35

0–100 · Poor

Market Cap

$29.11B

P/E Ratio

24.0

EPS

$1.99

52-Week High

$51.58

52-Week Low

$36.20

Beta

0.70

Intrinsic Value

$16.93

Analyst Target

$68.00

Shares Outstanding

582.0M

Total Revenue

$5.56B

Total Debt

$9.69B

Reported Dividend Yield

4.13%

View dividend history

Liquidation Value / Share

$20.57

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
67/ 100
-6 pts / 5d

Building upward momentum

5D -1.2% · 20D +12.3% · RSI 69 · Price vs 20D avg +3.4%
Volatility
22/ 100
+2 pts / 5d

Low movement

20D realized vol 23.2% · 60D 20.8% · Acceleration 1.12x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for PBA

Detected from reported data — verify before acting.

Dividend history reported

The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on PBA.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Strategically located pipeline network and infrastructure assets across North America.
  • +Integrated service offerings providing flexibility and optionality for customers.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Oil & Gas Midstream industry.
  • −Operational disruptions, apportionment, and regulatory action on third-party systems.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak35/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

35

Tap for breakdown →

Fair

55

Debt Cost4.4%
Debt Reduction YoY0.1%
Debt / Equity0.79x

Tap for breakdown →

Poor

26

Revenue YoY1.9%
Revenue CAGR10.8%
Net Margin22.5%

Tap for breakdown →

Poor

36

Asset Growth YoY-1.1%
Liquidation/Share$20.57
Net Assets/MCap0.57x

Tap for breakdown →

Poor

23

Earnings Yield4.5%
Buyback Yield0.5%
Debt Cost4.4%

Tap for breakdown →

Fair

64

ROIC7.0%
ROE10.5%
ROA4.9%

Tap for breakdown →

Poor

36

EPS Growth-5.1%
FCF/Share Growth9.2%
Rev/Share Growth-1.4%

Tap for breakdown →

Poor

16

Intrinsic Value$16.93
Value Reference$10.16
MOS-195.9%

Tap for breakdown →

Weak

41

Revenue26
Moat36
Valuation16

Tap for breakdown →

Poor

0

MOS %-195.9%
Value Reference$10.16
Deep Discount Reference$6.77

Tap for breakdown →

Poor

36

Interest Coverage4.8x
ROIC7.0%
FCF Yield6.3%

Tap for breakdown →

Weak

47

Financial36
Valuation16
Debt55

Tap for breakdown →

Fair

68

Survival Years7.8 yrs
Current Ratio0.61x
FCF Margin32.4%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

35

Oct 1, 2026

Change

-0.4

points

Current Score

35

Oct 12, 2026

Category Changes

Revenue-0.5
Debt0
Assets-1.3
Capital-3.0
Management0
Moat0
Valuation0
Buffett-0.2

PBA decreased 0.4 points because Capital declined by 3 points.

Negative Contributors

  • − Capital declined by 3 points

Projected Score

Projected Score

39

Projected Change

+4.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 4.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$50.06

Model Intrinsic Value

$16.93

Difference

+$33.13

+195.6% vs IV

Margin of Safety

-195.6%

UndervaluedFair ValueOvervalued
Value Reference: $10.16
Deep Discount Reference: $6.77

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$2.5B$5.0B$7.5B$10.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$600M$1.2B$1.8B$2.4B

Total Debt

201520172019202120232025$0$2.5B$5.0B$7.5B$10.0B

Total Assets

201520172019202120232025$0$6.5B$13.0B$19.5B$26.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$5.56B$5.46B$5.18B$4.44B····························
Cost of Revenue$3.36B$3.36B$2.85B$2.45B····························
Gross Profit$2.20B$2.09B$2.33B$1.99B····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$353.5M$334.6M$311.4M$296.0M····························
Operating Expenses$308.9M$122.8M$726.0M$129.8M····························
EBITDA$2.61B$2.65B$2.23B$2.33B····························
Operating Income$1.89B$1.97B$1.60B$1.86B····························
Interest Expense$423.2M$411.4M$417.4M$329.7M····························
Income Before Tax$1.63B$1.55B$1.21B$1.54B····························
Income Tax Expense$374.1M$359.8M-$108.0M$289.7M····························
Net Income$1.25B$1.19B$1.31B$1.25B····························
Basic EPS$1.99$1.87$2.10$2.10····························
Basic Shares581M582M573M550M····························
Diluted Shares582M582M574M551M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 5, 2026
Estimated EPS: $0.40Estimated revenue: $1.43B
Jun 30, 2026Q2FY2026

Revenue

$1.51B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.58

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+3.3%

Cash Change

-27.1%

Margin Change

+0.5 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded

What Weakened

  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, EPS growth, net income margin. Pressure indicators included cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 20.1%. EPS increased 26.2%. Cash declined 27.1%. Total debt increased 3.3%. Net income margin improved by 0.5 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

A dividend is reported, but detailed payment history is temporarily unavailable or awaiting refresh.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 12, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 12, 26$16.00$16.25$16.50$16.75$17.00

Value Reference

Jul 24, 26Oct 1, 26Oct 12, 26$9.60$9.75$9.90$10.05$10.20

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 12, 26-3.0%-2.0%-1.0%0.0%1.0%

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News

Rumor Mill · PBA

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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