Here's Why a Hold Strategy Is Apt for Pembina Pipeline Stock Now

PBA's fee-based model, higher 2026 EBITDA outlook and growth projects support upside, but EBITDA pressure and leverage warrant caution.

Zacks Investment Research • Jun 22, 2026

Pembina Pipeline: Energy Security Is Becoming A Bigger Growth Driver

Pembina Pipeline remains a buy, targeting a $53.55 price and 16% upside, supported by stable cash flows and strategic project development. PBA maintains 5%-7% annual EBITDA per share growth guidance through 2030, driven by asset utilization and sanctioned projects amid an evolving fee-based revenue mix. Q1 results showed a 3.9% revenue decline to C$1.29B, but facilities EBITDA grew; pipeline revenues were impacted by Alliance Pipeline's new toll structure.

Seeking Alpha • Jun 22, 2026

Enbridge Vs. TC Energy Vs. Pembina Pipeline: How I Rank Canada's 3 Pipeline Giants

Pembina has the best balance sheet of the group. Debt to EBITDA sits at 3.90, well below its peers. TC Energy's management guidance for 6% EBITDA growth through 2028 and 3%-5% dividend growth going forward. On dividends, ENB just raised its payout by 3% in early 2026. That is the 31st consecutive annual increase.

Seeking Alpha • Jun 11, 2026

Pembina and Hanwha Sign MoU for Lower-Carbon Power Generation

PBA teams up with Hanwha Power to evaluate waste heat recovery systems using supercritical CO2 technology at North American gas facilities.

Zacks Investment Research • May 26, 2026

Pembina Pipeline Sanctions Heartland Extraction Plant Strengthening its Leading NGL Franchise

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced today that it is proceeding with the Heartland Extraction Plant ("HEP") and provided an update on its ethane supply agreement with Dow. The sanctioning of HEP represents a capital efficient, low-risk monetization of Pembina's liquids extraction rights on the Yellowhead Pipeline, with future growth potential. Through new and amended agreements, Pembina and Dow reached a mu.

Business Wire • May 25, 2026

Pembina Pipeline Q1 Earnings Call Highlights

Pembina Pipeline NYSE: PBA reported a strong start to 2026, with management raising its full-year adjusted EBITDA outlook after first-quarter results benefited from solid volumes across key systems and an improved marketing outlook.

MarketBeat • May 14, 2026

Pembina Pipeline Q1 Earnings Beat Estimates, Dividend Raised

PBA beats Q1 estimates as strong pipeline and facility volumes offset weaker revenues and lower EBITDA.

Zacks Investment Research • May 14, 2026

Pembina Pipeline Announces Renewal of Share Repurchase Program

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that the Toronto Stock Exchange (the "TSX") has approved the renewal of Pembina's normal course issuer bid (the "NCIB") to purchase up to five percent of its issued and outstanding common shares. Under the NCIB, purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative trading systems, commencing on May.

Business Wire • May 13, 2026

Three dividend aristocrats abroad, one troubling sign for income investors

The First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) gives U.S.

24/7 Wall Street • May 11, 2026

Pembina Pipeline Corporation (PPL:CA) Q1 2026 Earnings Call Transcript

Pembina Pipeline Corporation (PPL:CA) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 8, 2026