---
title: "Pembina Pipeline double-upgraded at Wells Fargo on 'long runway' for WCSB oil growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292523459.md"
description: "Wells Fargo upgraded Pembina Pipeline (PBA) to Overweight from Underweight, raising its price target to C$76 from C$55. The bank cites a multi-decade growth opportunity driven by rising Western Canada Sedimentary Basin production and increased diluent demand. Analyst Praneeth Satish projects EBITDA growth acceleration to ~7% CAGR by 2035, with potential upside of ~$14 per share, assuming Pembina captures significant incremental volumes."
datetime: "2026-07-13T19:11:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292523459.md)
  - [en](https://longbridge.com/en/news/292523459.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292523459.md)
generator: "portal-rs"
---

# Pembina Pipeline double-upgraded at Wells Fargo on 'long runway' for WCSB oil growth


### Related Stocks

- [PBA.US](https://longbridge.com/en/quote/PBA.US.md)

## Related News & Research

- [Lloyd Byrne Reiterates Hold Rating as Softer EBITDA, Higher Costs and Uncertain Strategic Initiatives Keep Risk-Reward Balanced](https://longbridge.com/en/news/294591212.md)
- [BRP Non-GAAP EPS of -C$0.18, revenue of C$2.24B](https://longbridge.com/en/news/297897455.md)
- [ONEOK to buy Brazos Midstream Permian Midland Basin assets for $4.43 billion](https://longbridge.com/en/news/297563030.md)
- [Primary Hydrogen Expands Cumberland Basin Position with Staking of the Wallace Project, Nova Scotia | HNATF Stock News](https://longbridge.com/en/news/297498232.md)
- [Tailwater’s Goodnight Midstream starts construction on 550,000-bpd Estacado produced water pipeline in Delaware Basin](https://longbridge.com/en/news/297654027.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**