Pembina Pipeline (PBA) Company Overview

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has announced that its Board of Directors has approved quarterly dividends for several preferred shares, including Series 1, 3, 5, 7, 9, 15, 17, 19, 21, and 25. The dividends for Series 1, 3, 5, 7, 9, and 21 will be paid on March 3, 2025, to shareholders who are on record by February 3, 2025. Meanwhile, dividends for Series 15, 17, and 19 will be distributed on March 31, 2025, to eligible shareholders.

PBA has attractive financial results, successful acquisitions, and pays dividends, which makes it an appealing choice. However, there are still risks to consider, including fluctuating asset values, regulatory issues, and high costs of capital.

Pembina Pipeline has finished acquiring a 50% stake in the Kaybob Complex, which will enhance infrastructure in Karr, Gold Creek, and Lator to facilitate growth.

PBA predicts that its EBITDA will be between C$4.2 billion and C$4.5 billion, thanks to increasing volumes from the Western Canadian Sedimentary Basin and planned investments to satisfy Canada's energy needs in 2025.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has shared its financial outlook for 2025 along with a business update. The company expects adjusted EBITDA to be between $4.2 billion and $4.5 billion, which is an improvement compared to its 2024 guidance, thanks to ongoing volume growth in the Western Canadian Sedimentary Basin ("WCSB"), new assets that have been acquired or are now operational, and the full-year effects of these changes.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has announced that it plans to redeem its Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 22 ("Series 22 Shares") (TSX: PPL.PF.B) on January 8, 2025. The company will redeem all 1,028,130 Series 22 Shares that are currently outstanding, following the terms outlined for these shares.

Donald Trump's election is likely to help Canadian energy companies such as Pembina Pipeline, which is focused on meeting global energy needs. Pembina's varied investments and long-term agreements ensure steady and low-risk returns. The stock has a potential increase of 12.9% from its current price, leading to a long-term Buy recommendation, while Series 5 preferred shares currently yield 7.3%, compared to the less appealing 6.9% yield of Series 7 preferred shares after their reset.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has announced that it plans to redeem all of its $150,000,000 senior unsecured medium-term notes, series 19 (the "Series 19 Notes") that are due on June 22, 2026. This redemption will take place on November 17, 2024 (the "Redemption Date") at a price of about $1,023.19 for each $1,000 of the Series 19 Notes.

PBA expects its adjusted EBITDA to be between C$4.23 billion and C$4.33 billion for 2024. They also plan to keep their debt-to-adjusted EBITDA ratio between 3.4 and 3.6 times.