- Pembina Pipeline has increased its FY Adjusted Ebitda forecast to C$4.05 billion to C$4.30 billion, up from the previous estimate of C$3.73 billion to C$4.03 billion.
- The revised forecast for 2024 primarily reflects the incremental contribution from increased ownership of Alliance and Aux Sable.
- There is also a stronger outlook in the marketing business, which has contributed to this revised forecast.
- After closing, Pembina updated its 2024 adjusted EBITDA guidance range to $4.05 billion to $4.30 billion, from the previous range of $3.725 to $4.025 billion.
- Currently, the company’s stock has 11 buys, 5 holds, and 0 sells.
A look at Pembina Pipeline Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Pembina Pipeline Corporation is a company that provides services for transporting and storing energy products. According to Smartkarma Smart Scores, the company has a positive long-term outlook with an overall score of 3 out of 5. This is determined by its scores in different categories such as Value, Dividend, Growth, Resilience, and Momentum. The company scored a 3 in Value, indicating that it may be reasonably priced compared to its peers. With a score of 4 in Dividend, investors can expect a stable and potentially increasing dividend payout. Pembina Pipeline also scored a 5 in Growth, suggesting potential for future growth. However, it scored a 2 in Resilience, meaning it may be less capable of withstanding economic downturns. Lastly, the company received a score of 4 in Momentum, indicating positive market sentiment towards its performance.
Pembina Pipeline’s core business is transporting and storing hydrocarbon liquids and natural gas products, as well as operating gas gathering and processing facilities. The company primarily serves customers in Canada. With a Smartkarma Smart Score of 3 out of 5, Pembina Pipeline has a promising long-term outlook. Its scores in different categories, such as Value, Dividend, Growth, Resilience, and Momentum, suggest a potential for growth and stability in the future. However, investors should also consider the company’s lower score in Resilience, which may indicate a higher risk during economic downturns. Overall, Pembina Pipeline is a company to keep an eye on for potential investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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