Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL

Alternate Symbol(s): PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Energy Oil & Gas Midstream

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

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Pembina Pipeline Corp > TD Linda Ezergailis

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Post by Dibah420 on Sep 08, 2023 5:03pm

TD Linda Ezergailis

Pembina Pipeline Price Target Lowered to $50 at TD

MT Newswires - Aug 08, 2023 9:28 AM EDT

09:28 AM EDT, 08/08/2023 (MT Newswires) -- TD Securities lowered its price target on Pembina Pipeline Corp. to $50 from $54 on Tuesday.

Analyst Linda Ezergailis maintained a Buy rating on shares of the Calgary-based energy transportation and midstream service provider following its quarterly results.

"Despite the headwinds from the wildfires and reduced operating pressure at Northern Pipeline, PPL expects pipeline volume growth in 2023, which we believe demonstrates the business' incumbency," Ezergailis said in a note to clients.

"PPL's continued commitment to the company's financial guardrails informs our view that the company's risk profile will not increase significantly if it reaches a positive FID on Cedar LNG in the near term, and as it navigates the industry's decarbonization journey over the long term," the analyst said.

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