Pembina Pipeline Corp (PBA)
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.0 million of barrels of oil equivalent per day, and the ground storage capacity of 10 million of barrels serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with crude oil, natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 430 thousands of barrels of NGL fractionation capacity, 21 million of barrels of cavern storage capacity, and various oil batteries, associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.
- Ticker
- PBA
- Exchange
- NYSE
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- 52-week range
- $36.20 - $51.58
Valuation
- Share price
- $48.29 (close of Nov 6, 2026)
- P/E (TTM)
- 25.55x
- Price to book
- 2.36x
- Price to free cash flow
- 15.75x
Price performance
| Period | Change |
|---|---|
| 1 day | +1.39% |
| 5 days | -5.98% |
| 1 month | +3.38% |
| 3 months | +0.60% |
| 6 months | +7.72% |
| Year to date | +26.88% |
| 1 year | +26.51% |
| 3 years | +49.74% |
| 5 years | +42.83% |
| 10 years | +65.60% |
| All time | +131.94% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 1.83%
- Shares short
- 10.61M
- Days to cover
- 8.87
- Change since prior report
- -12.91%
- Source
- FINRA consolidated short interest
Profitability and growth
- Return on equity
- 10.10%
- Return on invested capital
- 7.63%
- Return on assets
- 4.76%
- Return on capital employed
- 8.39%
- Gross margin
- 41.05%
- Net margin
- 21.78%
- EBITDA margin
- 36.11%
- Revenue growth
- 5.34%
- Net income growth
- -9.12%
- Free cash flow growth
- 11.42%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 6.35%
- Current ratio
- 0.61x
- Net debt to EBITDA
- 3.47x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Shares outstanding
- 581.00M
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 41.05% | 21.78% | 10.10% | 7.63% |
| 2024-12-31 | 44.91% | 25.24% | 10.65% | 7.40% |
| 2023-12-31 | 44.86% | 28.05% | 11.23% | 8.32% |
| 2022-12-31 | 26.90% | 25.59% | 18.82% | 12.77% |
| 2021-12-31 | 30.68% | 14.40% | 8.65% | 6.58% |
| 2020-12-31 | 33.73% | -5.31% | -2.10% | 0.02% |
| 2019-12-31 | 38.32% | 5.81% | 2.19% | 6.45% |
| 2018-12-31 | 31.66% | 5.59% | 2.83% | 6.91% |
| 2017-12-31 | 27.30% | 2.15% | 0.84% | 5.01% |
| 2016-12-31 | 23.49% | 10.93% | 5.62% | 5.03% |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-11-05 | Sep 2026 | - |
| 2026-07-30 | Jun 2026 | - |
| 2026-05-07 | Mar 2026 | - |
| 2026-02-26 | Dec 2025 | - |
| 2025-11-06 | Sep 2025 | - |
| 2025-08-07 | Jun 2025 | - |
| 2025-05-08 | Mar 2025 | - |
| 2025-02-27 | Dec 2024 | - |
Filings and sources
- Company website
- pembina.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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