Pembina Pipeline Corp Stock Retained Earnings
| PPL Stock | CAD 57.71 0.07 0.12% |
Pembina Pipeline Corp fundamentals help investors to digest information that contributes to Pembina Pipeline's financial success or failures. It also enables traders to predict the movement of Pembina Stock. The fundamental analysis module provides a way to measure Pembina Pipeline's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pembina Pipeline stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -2.4 B | -2.3 B |
Pembina | Retained Earnings |
Pembina Pipeline Corp Company Retained Earnings Analysis
Pembina Pipeline's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Pembina Pipeline Retained Earnings | (2.37 B) |
Most of Pembina Pipeline's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pembina Pipeline Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Pembina Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Pembina Pipeline is extremely important. It helps to project a fair market value of Pembina Stock properly, considering its historical fundamentals such as Retained Earnings. Since Pembina Pipeline's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pembina Pipeline's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pembina Pipeline's interrelated accounts and indicators.
Click cells to compare fundamentals
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Pembina Pipeline Corp has a Retained Earnings of (2.37 Billion). This is 114.32% lower than that of the Oil, Gas & Consumable Fuels sector and notably higher than that of the Energy industry. The retained earnings for all Canada stocks is 125.42% higher than that of the company.
Pembina Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pembina Pipeline's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pembina Pipeline could also be used in its relative valuation, which is a method of valuing Pembina Pipeline by comparing valuation metrics of similar companies.Pembina Pipeline is currently under evaluation in retained earnings category among its peers.
Pembina Pipeline ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Pembina Pipeline's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pembina Pipeline's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Pembina Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0452 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.35 % | |||
| Current Valuation | 49.03 B | |||
| Shares Outstanding | 580.53 M | |||
| Shares Owned By Insiders | 0.04 % | |||
| Shares Owned By Institutions | 63.27 % | |||
| Number Of Shares Shorted | 15.92 M | |||
| Price To Earning | 16.21 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 3.39 X | |||
| Revenue | 9.12 B | |||
| Gross Profit | 2.73 B | |||
| EBITDA | 3.01 B | |||
| Net Income | 1.78 B | |||
| Cash And Equivalents | 94 M | |||
| Cash Per Share | 0.13 X | |||
| Total Debt | 11.14 B | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 25.57 X | |||
| Cash Flow From Operations | 2.63 B | |||
| Short Ratio | 10.30 X | |||
| Earnings Per Share | 3.29 X | |||
| Price To Earnings To Growth | 1.36 X | |||
| Target Price | 61.75 | |||
| Beta | 1.47 | |||
| Market Capitalization | 33.5 B | |||
| Total Asset | 32.62 B | |||
| Retained Earnings | (2.37 B) | |||
| Working Capital | (588 M) | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 5.29 % | |||
| Net Asset | 32.62 B | |||
| Last Dividend Paid | 2.71 |
About Pembina Pipeline Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pembina Pipeline Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pembina Pipeline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pembina Pipeline Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Pembina Pipeline
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pembina Pipeline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pembina Pipeline will appreciate offsetting losses from the drop in the long position's value.Moving together with Pembina Stock
| 0.9 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.79 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.84 | ENS | E Split Corp | PairCorr |
| 0.71 | ENS-PA | E Split Corp | PairCorr |
Moving against Pembina Stock
The ability to find closely correlated positions to Pembina Pipeline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pembina Pipeline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pembina Pipeline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pembina Pipeline Corp to buy it.
The correlation of Pembina Pipeline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pembina Pipeline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pembina Pipeline Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pembina Pipeline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pembina Pipeline Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.