Pembina Pipeline Ownership
| PPL Stock | CAD 53.35 0.50 0.95% |
Shares in Circulation | First Issued 1999-03-31 | Previous Quarter 581 M | Current Value 581 M | Avarage Shares Outstanding 285.3 M | Quarterly Volatility 186.3 M |
Pembina |
Pembina Stock Ownership Analysis
About 63.0% of the company shares are owned by institutional investors. The book value of Pembina Pipeline was at this time reported as 25.57. The company has Price/Earnings To Growth (PEG) ratio of 1.52. Pembina Pipeline Corp last dividend was issued on the 16th of December 2024. The entity had 2:1 split on the 25th of August 1205. Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. Pembina Pipeline Corporation was founded in 1997 and is headquartered in Calgary, Canada. PEMBINA PIPELINE operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 2791 people. To find out more about Pembina Pipeline Corp contact Scott CFA at 403 231 7500 or learn more at https://www.pembina.com.Pembina Pipeline Outstanding Bonds
Pembina Pipeline issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Pembina Pipeline Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Pembina bonds can be classified according to their maturity, which is the date when Pembina Pipeline Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
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 against Pembina Stock
| 0.85 | ENB-PFC | Enbridge Pref 11 Earnings Call This Week | PairCorr |
| 0.7 | ENB-PFV | Enbridge Pref 5 Earnings Call This Week | PairCorr |
| 0.69 | SAGE | Sage Potash Corp | PairCorr |
| 0.68 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
| 0.68 | ECN | ECN Capital Corp | PairCorr |
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.