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PBA vs. TS: Pembina Pipeline vs. Tenaris Stock Comparison

How do Pembina Pipeline (PBA) and Tenaris (TS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Pembina Pipeline (PBA) and Tenaris (TS) both fall under the Energy industry group, but PBA is classified in Oil, Gas & Consumable Fuels while TS is classified in Energy Equipment & Services.

Pembina Pipeline (PBA) trades as ordinary local shares, while Tenaris (TS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Pembina Pipeline (PBA) and Tenaris (TS)
Profile ItemPBATS
NamePembina Pipeline Corp.Tenaris S.A. American Depositary Shares
Country/RegionCanadaLuxembourg
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsEnergy Equipment & Services
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Equipment & Services
Market Capitalization28.08 billion USD29.71 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 6, 2010December 16, 2002
Security TypeCommon StockADR

Price Performance

Cumulative Growth

PBA
TS
GSPC
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Pembina Pipeline (PBA) vs. Tenaris (TS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Pembina Pipeline (PBA) and Tenaris (TS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Pembina Pipeline (PBA) and Tenaris (TS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
Total Return (1Y)35.84%49.29%
Total Return (3Y, Annualized)20.26%24.84%
Total Return (5Y, Annualized)12.46%22.48%

Risk Profile

Drawdown History

PBA
TS
GSPC
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Pembina Pipeline (PBA) vs. Tenaris (TS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Pembina Pipeline (PBA) and Tenaris (TS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
Volatility (1Y, Annualized)20.43%29.07%
Beta (5Y)0.590.88
Max Drawdown (5Y)-27.37%-33.71%
Avg. Volume (3M)993.87K1.24M

Risk-Adjusted Performance

Risk-Return Positioning

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PBA and TS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
Sharpe Ratio (1Y)1.541.55
Sortino Ratio (1Y)2.322.30

Profitability

ROE (TTM)

Both Pembina Pipeline (PBA) at 12.10% and Tenaris (TS) at 11.86% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

PBA

Energy industry group

12.10%

Max
53.85%
Q3
24.79%
Median
12.85%
PBA
12.10%
Q1
2.03%
Min
-29.09%

TS

Energy industry group

11.86%

Max
53.85%
Q3
24.79%
Median
12.85%
TS
11.86%
Q1
2.03%
Min
-29.09%
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Pembina Pipeline (PBA) at 24.78% retains a top-quartile share of revenue as profit, ahead of Tenaris (TS) at 16.24%, which keeps about the industry-typical share.

PBA

Energy industry group

24.78%

Max
56.92%
PBA
24.78%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

TS

Energy industry group

16.24%

Max
56.92%
Q3
22.92%
TS
16.24%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Pembina Pipeline (PBA) at 32.63% and Tenaris (TS) at 19.26% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

PBA

Energy industry group

32.63%

Max
71.31%
Q3
33.75%
PBA
32.63%
Median
18.73%
Q1
6.94%
Min
-24.52%

TS

Energy industry group

19.26%

Max
71.31%
Q3
33.75%
TS
19.26%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
ROE (TTM)12.10%11.86%
ROA (TTM)4.65%6.69%
Net Margin (TTM)24.78%16.24%
Operating Margin (TTM)32.63%19.26%
Gross Margin (TTM)38.23%38.54%

Growth

Revenue Growth

Both Pembina Pipeline (PBA) at 5.34% and Tenaris (TS) at -4.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Pembina Pipeline (PBA) at -11.33% and Tenaris (TS) at 1.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
Revenue Growth (YoY)5.34%-4.33%
Revenue Growth (3Y CAGR)-12.50%0.62%
EPS Growth (YoY)-11.33%1.11%
EPS Growth (3Y CAGR)-19.61%-5.38%

Financial Strength

Current Ratio (MRQ)

Tenaris (TS) at 3.25 carries current ratio above its industry’s typical mid-range, while Pembina Pipeline (PBA) at 0.75 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

PBA

Energy industry group

0.75

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
PBA
0.75
Min
0.24

TS

Energy industry group

3.25

Max
3.64
TS
3.25
Q3
2.21
Median
1.41
Q1
0.88
Min
0.24
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Tenaris (TS) at 0.03 keeps leverage in the lower industry quartile, while Pembina Pipeline (PBA) at 0.80 runs a more typical debt-to-equity mix.

PBA

Energy industry group

0.80

Max
1.75
Q3
0.93
PBA
0.80
Median
0.54
Q1
0.30
Min
0.00

TS

Energy industry group

0.03

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
TS
0.03
Min
0.00
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
Current Ratio (MRQ)0.753.25
Debt / Equity (MRQ)0.800.03
Net Debt / EBITDA3.74-0.90

Dividends

Dividend Yield (TTM)

Pembina Pipeline (PBA) at 6.13% delivers top-quartile income for its industry, while Tenaris (TS) at 2.11% pays a more typical yield — both are credible income propositions, PBA the richer one.

PBA

Energy industry group

6.13%

Max
8.57%
PBA
6.13%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%

TS

Energy industry group

2.11%

Max
8.57%
Q3
3.58%
TS
2.11%
Median
1.71%
Q1
0.00%
Min
0.00%
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Tenaris (TS) at 45.64% pays out a band-typical share of earnings, while Pembina Pipeline (PBA) at 86.79% distributes more than its industry norm — less retained, thinner cover.

PBA

Energy industry group

86.79%

Max
133.24%
PBA
86.79%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%

TS

Energy industry group

45.64%

Max
133.24%
Q3
53.31%
TS
45.64%
Median
25.24%
Q1
0.00%
Min
0.00%
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
Dividend Yield (TTM)6.13%2.11%
Dividend Payout Ratio (TTM)86.79%45.64%

Valuation

P/E Ratio (TTM)

Both Pembina Pipeline (PBA) at 20.12 and Tenaris (TS) at 15.09 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

PBA

Energy industry group

20.12

Max
39.54
Q3
21.72
PBA
20.12
Median
12.19
Q1
7.71
Min
2.99

TS

Energy industry group

15.09

Max
39.54
Q3
21.72
TS
15.09
Median
12.19
Q1
7.71
Min
2.99
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Tenaris (TS) at 2.44 is priced about in line with its industry on P/S ratio, while Pembina Pipeline (PBA) at 3.36 sits in the pricier quartile — PBA costs more per dollar of sales.

PBA

Energy industry group

3.36

Max
5.40
PBA
3.36
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00

TS

Energy industry group

2.44

Max
5.40
Q3
2.85
TS
2.44
Median
1.69
Q1
0.88
Min
0.00
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both Pembina Pipeline (PBA) at 2.55 and Tenaris (TS) at 3.53 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

PBA

Energy industry group

2.55

Max
4.21
PBA
2.55
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01

TS

Energy industry group

3.53

Max
4.21
TS
3.53
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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Pembina Pipeline (PBA) vs. Tenaris (TS): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Pembina Pipeline (PBA) and Tenaris (TS)
MetricPBATS
P/E Ratio (TTM)20.1215.09
P/S Ratio (TTM)3.362.44
P/B Ratio (MRQ)2.553.53
Free Cash Flow Yield (TTM)5.53%6.50%