Shares of Pembina Pipeline Corp. (Canada) (PBA) Rise to a New 52-Week High

June 15, 2021 11:05:41

Pembina Pipeline Corp. (Canada) (NYSE:PBA) traded at a new 52-week high today of $33.80. This new high was reached on below average trading volume as 371,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.

Pembina Pipeline Corp. (Canada) (NYSE:PBA) is currently priced 2.4% above its average consensus analyst price target of $32.78.

Pembina Pipeline Corp. (Canada) share prices have moved between a 52-week high of $33.80 and a 52-week low of $20.09 and are now trading 67% above that low price at $33.58 per share.

Pembina Pipeline is an integrated midstream energy infrastructure company in western Canada and North Dakota, highlighted by its regional pipeline network. The company operates over 9,000 kilometers of conventional hydrocarbon pipelines, coupled with 1,650 kilometers of heavy oil and oil sands pipelines. Gas processing facilities, natural gas liquids infrastructure, and a marketing business round out the integrated value chain.

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