Pembina Pipeline Corp T.PPL

What's going on??

[stockmarket1]

Oil, brent are escalating through the roof while PPL sinks and drags like a slug? What's going on with this? The energy sector is rocking and PPL should be making 52 weeks highs.... as Enbridge has been doing. Why is this not moving? I find it strange that when it begins to show strength towards the $42 range....it pulls back. Are they deliberately keeping this under $42 just to show the dividend pay ratio in the 6% range? Because $42 and above suddenly will show the divy payout below $6.

[bttmfischer]

Are you implying that PPL's shares are manipulated? If so, what entity is capable of doing it?

[stockmarket1]

Or entitie(s). Trade movement imo. Anyway...if you reply to my question...you should be giving your idea as to why ppl is lagging?

[Albatross]

Just as PPL earnings didn't get absolutely crushed when oil went negative they will not necessarily be bought on higher oil prices.. They have some commodity exposure but nothing to the same degree as oil producing companies. They mainly earn based on 'tolled' income. Alberta will have to start flowing more oil out of province for PPL to materially see increase pipeline utlization and

[stockmarket1]

Thx for the reply Albatross. It was between PPL or Enbridge on what to buy a while back but, I ended up buying PPL merely on a value investment, and, of course, the monthly dividend. Too me, PPL seemed like it had a bit more upside at first. By the looks of it --- and your comment --- I may have a bought the wrong company shares. I should have bought Enbridge instead. Their shares are performing

[Albatross]

Fair enough. It really depends on who you think has more future growth potential. Stock price isn't a be all indicator on company performance. An out of favour stock could be an opportunity rather than a disappointment. Your asking the right question, let's figure out why it's out of favour compared to Embridge. The way Enbridge's price has gone may be a future indicator for

[stockmarket1]

52 week high for PPL is $43 while Enbridge has made new 52 week highs a couple of times for sure. Maybe its catch up time for PPL? Fingers crossed. I love the monthly divy but share appreciation is always a bonus. Cheers

[Antonyius]

Over the course of 5 years they're at about the same place. PPL actually outperformed ENB by quite a bit prior to covid. I think the main reason why ENB has a slight edge this year (not much, 3%) is because they finally got line 3 in service. Another reason is I find all the analysts like to recommend this stock so when people think pipeline enb is the first one that comes to mind. I've

[stockmarket1]

Thank you. I did my research with PPL and as I've said here before. I chose this. I purchased PPL not long ago so this is why I'm curious what some on here feel about it long term. Ignoring the monthly divy, of course. That's a given. I'm sure there are a few that have held this for quite a while. Cheers

[Antonyius]

Long term I think we will have to see what management have in terms of projects. To be honest right now it's a little hard to say

[bttmfischer]

stockmarket, I am one of those who held PPL for while. I got them when they merged with Veresen, than I liked their performance and bought some more commons and quite a few preferreds. Lately, I am not too sure about PPL. Their hedging did not turn out as well as they hoped,and some of their projects were also abandonned. So, the question is valid to ask: "what's going on"?

[Dibah420]

************************************************************************************************************** Sometimes the answer  is staring at us. PPL:  EPS  minus$.37        P/E  ????     ENB: EPS  $ 2.84               P/E   19.24