Post by
Ariahp on Sep 10, 2021 1:56pm
PPL - Stock Taking a beating
As much as oil is up $1.65 a 2.42% increase, PPL share is up .09 cents a .018% increase.
What I find intriguing is that when OIL drops 2% the PPL price drops close to that, yet when it increases by 2%, the PPL price does not....what gives
Can any one more inteligent than I please explain.
Thank you
Comment by
TheBridge on Sep 11, 2021 10:56am
Ariahp, Pembina doesn't find, produce or sell oil, it only transports it. If it was primarily a producer and seller the share price should be more influenced by the changing price of crude.
Comment by
PabloLafortune on Sep 13, 2021 3:19pm
As I said before, they currently don't generate much cashflow once dividends are paid....Still have some money here but I will sell eventually and won't be coming back.
Comment by
Antonyius on Sep 13, 2021 9:47pm
I could be mistaken Pablo but we adjusted cash flow per share was 0.98 and dividend payout was 0.63 so the payout ratio is only around two thirds or am I missing something here. Curious for your insights, thanks.
Comment by
hawk35 on Sep 15, 2021 8:55pm
Hi Antonyius. RBC recently published the payout ratio numbers for PPL based on AFFO. Here they are: 2020 (actual) - 61% 2021 (estimate for full year) - 58% 2022 (estimate for full year) - 57% The payout ratio is very reasonable and it is declining year over year. No problem with these numbers.
Comment by
dileas48s on Sep 20, 2021 6:45am
in fact, it's quite possible a modest divvy hike is forthcoming