Thursday, May 10, 2012

Chart of the Day - Pembina Pipeline (PBA)

The "Chart of the Day" is Pembina Pipeline (PBA), which showed up on Friday's Barchart "All-Time High" list. Pembina on Friday posted a new all-time high of $30.90 and closed up 2.16%. In recent news on the stock, Canaccord on May 4 upgraded Pembina Pipeline to Buy from Hold. Pembina Pipeline on May reported Q1 EPS of 19 cents and reported volume growth of 15%. Pembina Pipeline, with a market cap of $5 billion, is an energy transportation and service provider based in Canada. The Company operates in four segments; Conventional Pipelines, Oil Sands & Heavy Oil, Midstream & Marketing, and Gas Services. The Conventional Pipelines segment operates a pipeline network that transports crude oil, condensate, and natural gas liquids in Alberta and British Columbia.

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