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flag Pembina Pipeline missed earnings, cut its dividend outlook, and saw its stock drop despite a "buy" rating.

flag TD Securities lowered Pembina Pipeline’s price target to C$65.00 while maintaining a “buy” rating, citing the company’s midstream operations in Canada and North America, including Bakken-focused infrastructure. flag The stock fell C$1.82 to C$52.04 on Friday with elevated volume. flag Pembina reported fourth-quarter earnings of $0.31 per share, missing estimates by $0.14, with revenue of $911.47 million, down 2.9% year-over-year. flag The company declared a quarterly dividend of C$0.71, annualized to C$2.84, yielding 7.7%, with a payout ratio of 90.7%. flag Analysts have a mixed outlook, with a consensus “Moderate Buy” rating.

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