profit from every $100 of sales.

Pembina Pipeline
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $24.40 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Pembina Pipeline sold, what it kept, and what it did with the cash.
Sales went from CA$11.6 billion in 2022 to CA$7.78 billion in 2025, with CA$1.69 billion of profit last year.
Pembina Pipeline handed back 88% of the cash it generated last year.
Pembina Pipeline vs. similar companies
Pembina Pipeline grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Pembina Pipeline | 24.4× · Fair price | ||
Enbridge | 20.3× · Fair price | ||
The Williams Companies | 32.9× · Expensive | ||
Enterprise Products Partners L.P. | 13.8× · Cheap | ||
Kinder Morgan | 23.0× · Fair price |
AI analysis
An AI analyst reads Pembina Pipeline's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 11,611 | 6,331 | 7,384 | 7,778 | |
| 3,123 | 2,840 | 3,316 | 3,193 | |
| 2,595 | 2,424 | 2,876 | 2,696 | |
| 4,364 | 3,322 | 3,177 | 3,806 | |
| 2,971 | 1,776 | 1,864 | 1,694 | |
| 5.12 | 2.99 | 3.00 | 2.66 | |
| 26.9% | 44.9% | 44.9% | 41.1% | |
| 22.3% | 38.3% | 38.9% | 34.7% | |
| 25.6% | 28.1% | 25.2% | 21.8% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 31,487 | 32,618 | 35,967 | 35,555 |
| Cash | 94 | 137 | 141 | 106 |
| Total debt | 11,275 | 11,143 | 13,321 | 13,310 |
| Total liabilities | 15,698 | 16,805 | 18,457 | 18,784 |
| 15,729 | 15,813 | 17,510 | 16,771 | |
| 554 | 551 | 574 | 637 | |
| 10.8% | 7.8% | 5.9% | 7.4% | |
| 18.9% | 11.2% | 10.6% | 10.1% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,929 | 2,635 | 3,214 | 3,301 | |
| 605 | 606 | 955 | 784 | |
| 2,324 | 2,029 | 2,259 | 2,517 | |
| Dividends paid | 1,651 | 1,579 | 1,701 | 1,772 |
| 633 | 50 | 0 | 451 | |
| 126 | 72 | 84 | 94 |
Valuation
- 24.4×
- 16.6×
- –
- 2.4×
- 5.3×
- 16.4×
- 14.3×
- 6.1%
- 4.1%
- 4.3%
Profitability
- 41.1%
- 34.7%
- 21.8%
- 44.8%
- 5.5%
- 6.8%
- 10.0%
- 4.7%
- 7.3%
- –
Growth
- −12.5%
- −19.6%
- +10.2%
- +1.6%
- +3.7%
Financial health
- 4.0×
- 0.82
- 38.5%
- 4.2×
- 0.83
- 0.68
- 0.21
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $38.76
- Range
- $28.65 – $54.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.59 | 0.52 | +13.5% |
| Feb 26, 2026 | 0.56 | 0.50 | +12.0% |
| Nov 6, 2025 | 0.31 | 0.45 | −31.1% |
| Aug 7, 2025 | 0.47 | 0.47 | +0.0% |
| May 8, 2025 | 0.56 | 0.57 | −1.8% |
| Feb 27, 2025 | 0.66 | 0.59 | +11.9% |
| Nov 5, 2024 | 0.44 | 0.56 | −21.4% |
| Aug 8, 2024 | 0.55 | 0.54 | +1.3% |
Paid per share, each year
$1.49 in 2015 → $2.04 in 2025
How safe it looks
104.6% of its profit
Room to growStretchedMore than it earns: 70.4%
News
Pembina Pipeline Corporation 5.2% CUM PFD 25 declares CAD 0.405 dividendSeeking Alpha · Oct 5, 2026Pembina Pipeline Corporation CUM RED PFD C declares CAD 0.4128 dividendSeeking Alpha · Oct 5, 2026Pembina Pipeline Corporation PFD CL A SER 15 declares CAD 0.3852 dividendSeeking Alpha · Oct 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Pembina Pipeline
Is Pembina Pipeline a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Pembina Pipeline AI analysis
What does Pembina Pipeline do?
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. It is in Oil & Gas Midstream, based in Calgary, AB, Canada, with 2,974 employees.
Does Pembina Pipeline pay a dividend?
Yes. At today's price the dividend is 4.3% a year, about 105% of its yearly profit. In 2025 it paid out $1.77 billion in dividends.
Is Pembina Pipeline stock halal?
Questionable. Pembina Pipeline sits in a grey zone: its debt is 32% of its market value, between 30% and 33%. How we check
How has Pembina Pipeline stock done over the past year?
Up 31.7% over the past twelve months, to $49.90. It traded between $36.52 and $51.37 and is 2.9% below its high.
Who are Pembina Pipeline's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with Pembina Pipeline's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



