Pembina Pipeline Corporation (NYSE:PBA) provides transportation and midstream services for the energy industry in North America.
Insider buying during the last 30 days
Here is a table of Pembina's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Scott Burrows||VP||Feb 28||1,000||1,000 shares||from 0 to 1,000|
|Claudia D'Orazio||VP||March 4||500||1,330 shares||+60.2%|
|Robert Michaleski||Director||Feb 28||253||5,242 shares||+5.1%|
|Paul Murphy||SVP||March 3||1,500||7,312 shares||+25.8%|
There have been 3,253 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Pembina's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 244,256 shares purchased, and there have been 1,980 shares sold by insiders since January 2013.
Pembina reported the full-year 2013 financial results on February 26 with the following highlights:
|Net income||$357.7 million|
|Net debt||$2.3 billion|
The four insiders purchased their shares after this report.
|Qtrly Rev Growth (yoy):||0.03||0.12||N/A|
|PEG (5 yr expected):||-7.54||1.60||3.61|
Pembina has the highest dividend yield among these three companies.
(Source: Investor presentation)
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only Pembina has seen intensive insider buying during the last 30 days.
There have been four different insiders buying Pembina, and there have not been any insiders selling Pembina during the last 30 days. Three of these four insiders increased their holdings by more than 10%.
The four insiders purchased their shares at prices ranging from $35.98 (C$39.58) to $36.49 (C$40.14). I believe Pembina could be a good pick below $36 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in PBA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.