PBA's earnings for the fourth quarter exceeded expectations, thanks to strong performance in their facilities and marketing & new ventures areas. However, their revenues fell by 15.4% compared to the previous year.
PBA shows solid financial health and good opportunities for growth in LNG/NGL exports, but it also encounters risks from delays in projects, changes in the market, and competition.
Pembina Pipeline Corporation (NYSE:PBA) will hold its Q4 2024 Earnings Conference Call on February 28, 2025, at 10:00 AM ET. The call will feature company executives, including Dan Tucunel, Scott Burrows, and Cameron Goldade, among others. Various analysts from different financial institutions will also participate in the call.
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has submitted its audited financial statements for the year ending December 31, 2024, along with the related management discussion and analysis, to Canadian securities regulators. Additionally, Pembina has filed its Form 40-F for the same year with the U.S. Securities and Exchange Commission.
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has shared its financial and operational results for the fourth quarter and the entire year of 2024. The company achieved record results, with full year earnings reaching $1,874 million, adjusted EBITDA at $4,408 million, and adjusted cash flow from operating activities totaling $3,265 million ($5.70 per share). For the fourth quarter alone, earnings were reported at $572 million.
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.