PBA
Hot AirPembina Pipeline Corporation · Energy · Canada · $29.3B cap · $48.6M/day traded
$48.29 +1.4% · close 6 Nov · scored 7 Nov
Hot Air: Strong momentum and nothing else: weak business, rich price.
Around its 5 Nov results, analysts left next year's EPS estimate little changed.
As of 7 Nov 2026, the MoatMap Score for Pembina Pipeline Corporation (PBA) is 37/100, ranked against 25,000+ stocks in 38 markets (Quality 47, Value 22, Momentum 60, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT PEMBINA PIPELINE CORPORATION
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Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures.
FINANCIAL SUMMARY (USD)
Reported in CAD
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.9B | 4.7B | 5.4B | 5.6B | -14.6% | 5.9B | 6.2B | 6.3B | 6.9% |
| EPS | 3.95 | 2.22 | 2.19 | 1.91 | -21.5% | 2.40 | 2.31 | 2.32 | 10.6% |
| Shares | 550.3M | 549.4M | 581.0M | 581.1M | +5.6% | 581.6M | — | — | — |
| Debt | 8.3B | 8.4B | 9.3B | 9.7B | 5.3% | 9.7B | — | — | — |
| Equity | 11.6B | 12.0B | 12.2B | 12.2B | 1.8% | — | — | — | — |
| Op CF | 2.3B | 2.0B | 2.3B | 2.4B | 1.6% | 2.1B | — | — | — |
| Inv CF | -118.4M | -584.8M | -2.9B | -780.2M | — | — | — | — | — |
| Fin CF | -2.1B | -1.3B | 495.2M | -1.6B | — | — | — | — | — |
Above its 200-day average and 6% below its 52-week high.
Calmer than 90% of stocks we rank over the past year (volatility 21% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of PBA are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| PBA | Pembina Pipeline Corporation(you) | $29.3B | 37 |
| KEY.TO | Keyera Corp. | $13.2B | 32 |
| TRP | TC Energy Corporation | $65.0B | 30 |
| ALA.TO | AltaGas Ltd. | $11.8B | 30 |
| SOBO | South Bow Corporation | $7.4B | 40 |
| ENB | Enbridge Inc. | $107.3B | 21 |
| GEI.TO | Gibson Energy Inc. | $4.1B | 44 |
| TPZ.TO | Topaz Energy Corp. | $3.4B | 46 |
| TWM.TO | Tidewater Midstream and Infrastructure Ltd. | $372M | 45 |
| TOU.TO | Tourmaline Oil Corp. | $18.5B | 32 |
Peer medians: ROE 4.3% · P/E 18.4x · Gross margin 52.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.