Pembina Pipeline (NYSE:PBA) (TSE:PPL) announced its earnings results on Thursday. The pipeline company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.41, Briefing.com reports. The business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.96 billion. Pembina Pipeline had a net margin of 11.66% and a return on equity of 8.36%. The business’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share.
Pembina Pipeline (PBA) traded up $1.35 during midday trading on Friday, reaching $33.66. 360,820 shares of the company’s stock were exchanged, compared to its average volume of 553,497. Pembina Pipeline has a 12-month low of $30.17 and a 12-month high of $36.99. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 0.75. The company has a market cap of $16,250.00, a P/E ratio of 34.00 and a beta of 0.66.
The business also recently disclosed a feb 18 dividend, which will be paid on Thursday, March 15th. Shareholders of record on Sunday, February 25th will be paid a dividend of $0.18 per share. The ex-dividend date is Thursday, February 22nd. This represents a yield of 0.00560224089635854%. Pembina Pipeline’s dividend payout ratio (DPR) is 174.75%.
TRADEMARK VIOLATION WARNING: This piece was published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://stocknewstimes.com/2018/02/23/pembina-pipeline-pba-posts-quarterly-earnings-results-beats-estimates-by-0-41-eps.html.
About Pembina Pipeline
Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.
Receive News & Ratings for Pembina Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline and related companies with MarketBeat.com's FREE daily email newsletter.