Pembina Pipeline (TSX:PPL) Land And Improvements: C$656 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:PPL Pembina Pipeline Corp TSX:PPL
73 GF Score
Price C$67.08
GF Value C$58.49
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Pembina Pipeline Land And Improvements?

Pembina Pipeline TSX:PPL -1.19% 73 Land And Improvements is C$656 Mil as of Jun. 2026. GuruFocus rates TSX:PPL with a GF Score™ of 73/100 and a GF Value™ of C$58.49 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Pembina Pipeline's land and improvements for the quarter that ended in Jun. 2026 was C$656 Mil.

Pembina Pipeline's quarterly land and improvements increased from Dec. 2025 (C$650 Mil) to Mar. 2026 (C$652 Mil) and increased from Mar. 2026 (C$652 Mil) to Jun. 2026 (C$656 Mil).

Pembina Pipeline's annual land and improvements increased from Dec. 2023 (C$480 Mil) to Dec. 2024 (C$694 Mil) but then declined from Dec. 2024 (C$694 Mil) to Dec. 2025 (C$650 Mil).


Pembina Pipeline Land And Improvements Historical Data

* Premium members only.

The historical data trend for Pembina Pipeline's Land And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pembina Pipeline Land And Improvements Chart

Pembina Pipeline Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Land And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 456.00 481.00 480.00 694.00 650.00

Pembina Pipeline Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Land And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 683.00 686.00 650.00 652.00 656.00
TSX:PPL
73GF Score
Pembina Pipeline Corp TSX:PPL
Land And Improvements is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pembina Pipeline Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Frequently Asked Questions Learn more about Land And Improvements →
What does a Land And Improvements of C$656 Mil mean?
Pembina Pipeline (TSX:PPL) has a Land And Improvements of C$656 Mil as of Jun. 2026. Land and improvements records the total value of a company's land and improvements to it. View historical data on Pembina Pipeline and its competitors.
Is Pembina Pipeline's Land And Improvements too high?
Pembina Pipeline's current Land And Improvements is C$656 Mil. Overall, Pembina Pipeline has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pembina Pipeline's Land And Improvements compare to WMB and EPD?
Pembina Pipeline's Land And Improvements of C$656 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Land And Improvements for an Oil & Gas company?
A good Land And Improvements depends on the Oil & Gas industry context. However, Land And Improvements should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Land And Improvements mean?
A high Land And Improvements can signal that a stock is expensive relative to its fundamentals. Land and improvements records the total value of a company's land and improvements to it. View historical data on Pembina Pipeline and its competitors. Pembina Pipeline's current Land And Improvements is C$656 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pembina Pipeline stock overvalued right now?
Based on GuruFocus' analysis, Pembina Pipeline (TSX:PPL) is currently considered Modestly Overvalued. The stock's GF Value™ is C$58.49, compared to a current price of C$67.08 — trading 14.7% above its estimated fair value. The current Land And Improvements is C$656 Mil. Pembina Pipeline's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Land And Improvements calculated?
Land And Improvements is calculated from a company's financial statements. For Pembina Pipeline (TSX:PPL), the current Land And Improvements is C$656 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pembina Pipeline (TSX:PPL) Overvalued in 2026?

Based on GuruFocus' analysis, Pembina Pipeline stock appears to be overvalued. The current stock price of C$67.08 is trading 14.7% above its estimated GF Value™ of C$58.49. GuruFocus considers Pembina Pipeline to be Modestly Overvalued.

Key valuation signals for TSX:PPL:

  • Land And Improvements: C$656 Mil
  • GF Value™: C$58.49 vs. price of C$67.08 (14.7% above fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the TSX:PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pembina Pipeline Business Description

Industry EnergyOil & Gas
Address 585 - 8th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its operations include transmission pipelines, oil and gas gathering, fractionation, storage, and natural gas liquid exports. It also has a joint venture through the Cedar LNG export terminal.
73GF Score

Get the complete analysis for TSX:PPL

Land And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$67.08
Price
C$58.49
GF Value