Here's Why Pembina Pipeline (PBA) Declined in Q2
In its second quarter 2025 investor letter, ClearBridge Global Infrastructure Income Strategy highlighted stocks such as Pembina Pipeline Corporation (NYSE:PBA). Pembina Pipeline Corporation (NYSE:PBA) is an energy transportation and midstream services provider. The one-month return of Pembina Pipeline Corporation (NYSE:PBA) was -4.24%, and its shares lost 2.49% of their value over the last 52 weeks. On July 10, 2025, Pembina Pipeline Corporation (NYSE:PBA) stock closed at $36.83 per share, with a market capitalization of $21.575 billion.
ClearBridge Global Infrastructure Income Strategy stated the following regarding Pembina Pipeline Corporation (NYSE:PBA) in its second quarter 2025 investor letter:
"U.S. energy infrastructure company ONEOK and Canadian energy infrastructure company Pembina Pipeline Corporation (NYSE:PBA) were the largest detractors. Pembina Pipeline provides transportation and midstream services for the energy industry in North America, with a focus on the Western Canadian Sedimentary Basin (WCSB). The market is currently focused on the outcome of toll renegotiations for the Alliance Pipeline, which has significantly over-earned in the last several years. We believe the market is overreacting to the potential normalization in the tolling rate, which we believe will have only a low-single-digit impact on a group earnings basis. Looking beyond this, Pembina is positioned as a market leader in providing pipeline and midstream processing services to the fast-growing WCSB, which is seeing a step change in growth driven by liquified natural gas (LNG) and liquified petroleum gas (LPG) exports and a growing petrochemical industry in Alberta."
Aerial shot of an offshore oil platform, the orange hue of the ocean water and the steel structure representing the company's extensive oil and gas production.
Pembina Pipeline Corporation (NYSE:PBA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 25 hedge fund portfolios held Pembina Pipeline Corporation (NYSE:PBA) at the end of the first quarter, compared to 17 in the previous quarter. While we acknowledge the potential of PBA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In another article, we covered Pembina Pipeline Corporation (NYSE:PBA) and shared the list of small-cap energy stocks hedge funds are buying. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None. This article is originally published at Insider Monkey.
Effettua l'accesso per consultare il tuo portafoglio
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
44 minutes ago
- Yahoo
The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says
Jared Bernstein, who previously served as the chair of President Joe Biden's Council of Economic Advisers, has had a change of heart when it comes to U.S. debt. After being a longtime dove, he has become a hawk 'because our nation's budget math just got a lot more dangerous.' He cited President Donald Trump's tariffs and tax cuts. The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according to Jared Bernstein, who previously served as the chair of President Joe Biden's Council of Economic Advisers. In a New York Times op-ed on Wednesday, he acknowledged that he was once a longtime dove when it came to budget deficits and previously argued that fiscal austerity often does more harm than good. 'No longer. I, like many other longtime doves, am joining the hawks, because our nation's budget math just got a lot more dangerous,' Bernstein wrote. In particular, he pointed to the math around economic growth versus debt interest. Governments can sustain budget deficits if GDP expands faster than the interest rate on their debt, Bernstein explained, citing research from economist Olivier Blanchard. That's where the student debt analogy comes in. College graduates can keep up with monthly payments as long as they haven't borrowed too much and their income is rising faster than their loan bills. 'Conversely, though, if they borrowed to the hilt—and if their student loan debt starts growing faster than their income—they can quickly get in trouble,' Bernstein said. 'And that's where our country is right now.' It's an ominous warning given that delinquency rates have soared among student loan borrowers, resulting in seized wages and credit scores plummeting. That's after the number of Americans with debt from federal student loans more than doubled from 21 million to 45 million between 2000 and 2020, according to the Brookings Institution. Meanwhile, the total amount owed more than quadrupled from $387 billion to $1.8 trillion during that time, growing faster than any other form of household debt. When it comes to the federal government's finances, America's debt costs relative to income used to be more benign. Since the early 2000s, the inflation-adjusted yield on 10-year Treasuries was below the running 10-year forecast for economic growth. But that changed recently, with the two now converging at just above 2%, due in part to government spending during the pandemic and higher inflation—which forced the Federal Reserve to hike interest rates aggressively, dragging yields higher. 'That's a potential game changer for debt sustainability,' Bernstein said. He didn't mention that the Biden administration added trillions to the debt with expansive spending that also stoked inflation. Instead, he pointed to President Donald Trump's economic policies, namely his trade war and the tax-and-spending bill that he signed into law last week. High tariff rates will lower economic growth while boosting inflation and interest rates. At the same time, tax cuts will increase debt and likely to raise the interest costs for servicing it, he added. To help avoid a debt shock that forces the government to precipitously slash spending or raise taxes, Bernstein suggested Congress pre-determine 'break-glass moments' and binding fiscal responses. The U.S. already pays more in interest on its debt than it spends on Medicare and defense. Those interest payments will hit $1 trillion next year, trailing only Social Security as the government's biggest outlay, according to the Committee for a Responsible Federal Budget, a think tank. Meanwhile, Trump's tax cuts and spending are expected to add trillions to the deficit in the coming years, with the total debt-to-GDP ratio surpassing the post-Word War II record soon. 'But that path remains unsustainable: The primary deficit is much larger than usual in a strong economy, the debt-to-GDP ratio is approaching the postwar high, and much higher real interest rates have put the debt and interest expense as a share of GDP on much steeper trajectories than appeared likely last cycle,' Goldman Sachs said in a note last month. This story was originally featured on Sign in to access your portfolio
Gizmodo
an hour ago
- Gizmodo
Amazon Didn't Sell Enough During Prime Day, So Now It's Offering Google Nest Thermostats at Zero Profit
Prime Day may be finished but Amazon is giving even more this weekend with some of its strongest deals yet. If you missed out earlier in the week and want to save lots of money, now's your time. If you want to save on energy costs and add a bit of comfort and smarts to your living space, the Google Nest thermostat is among the wisest decisions you can make. Better still, it's now selling at an all-time low—just $85, versus the typical $129. See at Amazon The Google Nest thermostat is designed to keep you comfortable while saving you energy. As an ENERGY STAR certified device, it's built to waste less and make your home more efficient. One of its best points, perhaps, is that you can schedule an energy-efficient mode directly from the Google Home app for both Android and iPhone. The thermostat turns off automatically when you're away so you're never warming or cooling an unoccupied house. The small adjustments year after year can add up to significant cost savings which makes the Nest Thermostat a worthwhile investment. It's simple to install in most homes as the Nest thermostat integrates with most systems without the requirement of a C wire. For more specific heating and cooling units (like heat only, cool only, or heat pumps), you may require a C wire or an equivalent power accessory but most people will find it simple and quick. Then, you can command the thermostat from anywhere. The Google Nest thermostat also features a Savings Finder which looks for even more ways to save. It can provide you with suggestions on changing your schedule as well as help you take advantage of deals and rebates from your energy provider. The unit also comes with HVAC monitoring and keeps an eye on your heating and cooling systems and notifying you if something seems out of place. The Nest thermostat is compatible with Google Assistant, Amazon Alexa, and all Matter-certified voice assistants so you can easily change the temperature with a simple voice command. If you already have a smart home setup or are just beginning to build one out, this thermostat will be a seamless addition. With the Nest Renew feature, you can also make a contribution towards clean energy efforts by automatically scheduling your energy use when power is cleaner or less expensive. If you wish to make your home wiser and more efficient, the Google Nest thermostat is something you wouldn't want to pass up. See at Amazon
Entrepreneur
an hour ago
- Entrepreneur
Why This Market Dip Is Your Chance to Accelerate Product Velocity, Win Customers and Own the Next Cycle
When markets go quiet and headlines fade, the founders who keep building, shipping, and listening are the ones who will be ready when the next bull run erupts without warning. Opinions expressed by Entrepreneur contributors are their own. Crypto volumes have plunged from a post-Trump election surge of $126 billion to a mere $35 billion. Tech stocks remain sluggish compared to their former highs, even as the dollar hits a decade low. Venture capital feels like it's collectively holding its breath, with top Silicon Valley firms pivoting their business models. This isn't a collapse — far from it. It's a rare, fragile pause. A "wait and see" moment of equilibrium that, like all market pauses, likely won't last. Behind the headlines, a far bigger story is unfolding. The United States and China have quietly reopened high-level trade talks aimed at easing the tensions that have defined the past five years of decoupling and protectionism. According to Bloomberg, these negotiations are among the most serious since Trump-era tariffs began reshaping global supply chains. At the same time, China is reportedly loosening capital controls and courting global investors again, which suggests Beijing views the current economic stall as too risky to endure. If these talks produce breakthroughs — whether tariff rollbacks, a tech export détente or coordinated policy resets — investors can expect a market reaction not seen since early 2021. In short, this stillness may be the calm before the next global bull run. When capital floods back into high-growth sectors, it will do so suddenly and violently. Founders should see this moment for what it is: a gift. The quiet between cycles is the rarest and most valuable time to build. Attention is cheap. Competition is minimal. Customers are more accessible. And though investors seem quiet, they're watching closely for the teams that stayed focused while others lost steam. Related: Today's Biggest Companies Are Acting Like VCs. Here's Why Startup Founders Need to Pay Attention. For startup founders, the single most important mandate now is to increase velocity. This doesn't mean grinding longer hours or chasing a vague idea of "hustle." It means removing friction from your product cycle and delivering tangible features or updates to users every week. If your roadmap is quarterly, break it down into weekly shippable blocks. Tools like Linear and Notion help teams stay aligned without heavy process overhead. For UI or user-facing experiments, Figma remains one of the fastest ways to move from idea to prototype without slowing development. Founders must get hands-on with their products and focus on delivering value to power users. Equally critical is user proximity. It's easy to skip customer conversations when fundraising is tough and feature velocity slows, but that's exactly when listening matters most. Even five brief conversations can reshape your roadmap. Ask simple questions: What frustrates power users right now? What features did they stop using, and why? This feedback doesn't live in dashboards or pitch decks — it lives in the space between what users say and what they wish existed. Another key use of this pause is building owned distribution. Paid channels are overpriced during market stagnation, and unless you've raised a mega-round, you can't outbid incumbents. Instead, focus on organic reach and audience trust. Use content marketing tools like Substack or Beehiiv to grow an email list that's immune to algorithm shifts. Invest time in SEO and keyword ranking. Record short product explainers or vision videos with Loom or Descript — not to "go viral," but to humanize your build process and deepen audience trust through transparency. When markets heat up, people will remember the builders who kept showing up in the quiet— and say, "I've got the alpha on a hot project that's about to pop." Macro signals are aligning. Long-term bond yields are starting to wobble, suggesting markets expect increased government stimulus or monetary easing. Chinese capital markets are showing signs of foreign inflows again, especially in ETF activity across Hong Kong and Singapore. Central bank rhetoric is shifting — from "containment" to "cooperation." Once that shift becomes public and coordinated, markets will snap back, starting with high-risk, high-reward sectors like crypto, AI infrastructure, e-commerce and frontier B2B tooling. Here's the truth most won't say: you won't have time to prepare when that happens. The winners of the next cycle won't be those who waited patiently for conditions to improve. They'll be the founders who treated this silence like a sprint, not an intermission. Then boom! Silicon Valley's legendary VC, Tim Draper, wrote a social media post saying, "Slack transforms communication, Microsoft responds with Teams. Tesla enters the market, and suddenly every automaker rediscovers innovation. Progress happens in bursts of energy." Related: 6 Hidden Costs of Scaling Your Business Too Quickly Being first to market matters. That means launching scrappy MVPs before they're perfect. Writing landing pages before the product is done. Building waitlists and generating buzz, even if customer acquisition costs aren't optimized. This isn't the time for polish; it's the time for presence. Investors remember who shipped, who listened and who made noise without needing a bull market to do it for them. This moment in the cycle doesn't feel urgent, but it is. The silence is a setup. The only founders who survive the surge will be those building now, shipping weekly, while the world isn't watching. Ship faster. Build deeper. Talk to your loyal users. Grow your content channels. Engage. Because when capital returns, it won't send a save-the-date. It will kick the door down. And everything you've built in this quiet stretch will either stand or be swept away when the big players come in.
