Profile
Sector:
EnergyIndustry:
Oil & Gas MidstreamCountry:
CanadaIPO:
06 October 2010Website:
http://www.pembina.comNext earnings report:
05 November 2024Last dividends:
16 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:51:42 GMTAnalysts recommendations
Institutional Ownership
PBA Latest News
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 7 ("Series 7 Shares") (TSX: PPL.PR.G) on December 1, 2024. As a result of the decision not to redeem the Series 7 Shares, and subject to certain terms of the Series 7 Shares, the holders of the Series 7 Shares will have.
PBA is expected to report lower revenues compared with the year-ago quarter. However, the bottom line is anticipated to improve due to decreasing costs.
Pembina's recent acquisitions were expensive on EBITDA multiples and show the limited opportunities that it has for organic growth. Pembina Preferred shares can be categorized into three groups: short-term bond-like instruments, overvalued minimum reset shares, and slightly undervalued shares resetting soon. We go over these 3 groups and tell you which one we bought.
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 19, 21, 22 and 25. Series 1, 3, 5, 7, 9, 21 and 22 preferred share dividends are payable on December 2, 2024, to shareholders of record on November 1, 2024. Series 15, 17 and 19 preferred share dividends are payable on December 31, 2024, to.
Pembina Pipeline Corp. offers a 4.9% dividend yield, supported by strong business fundamentals, fee-based revenue, and strategic acquisitions. PBA achieved a 33% YoY EBITDA increase and raised 2024 guidance due to better-than-expected acquisition synergies. The company maintains a healthy balance sheet with low leverage and significant liquidity, supporting financial stability and growth potential.
PBA offers a strong dividend and growing cash flow, but it is also exposed to commodity price fluctuations and regional market risks.
PBA plans to buy oil batteries from Veren for C$400 million, which will strengthen its partnership through long-term contracts and strategic synergies.
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that Pembina Gas Infrastructure Inc. ("PGI"), a Western Canadian focused gas processing entity jointly owned by Pembina and KKR, has entered into agreements with Veren Inc. and certain affiliates thereof ("Veren") that include the acquisition of Veren's Gold Creek and Karr area oil batteries and support for future infrastructure development (the "Transaction".
Pembina (PBA) anticipates its 2024 adjusted EBITDA to range from C$4.20 billion to C$4.35 billion and plans a capital investment of C$1.3 billion, which includes a C$140 million adjustment.
Pembina Pipeline Corporation. (NYSE:PBA ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Dan Tucunel - VP, Capital Markets Cameron Goldade - SVP and CFO Scott Burrows - President and CEO Jaret Sprott - SVP and COO Chris Scherman - SVP, Marketing and Strategy Officer Stuart Taylor - SVP and Corporate Development Officer Conference Call Participants Jeremy Tonet - JPMorgan Chase Praneeth Satish - Wells Fargo Patrick Kenny - National Bank Financial Rob Hope - Scotiabank Robert Catalier - CIBC Capital Markets Ben Pham - BMO Robert Kwan - RBC Capital Markets Operator Good morning ladies and gentlemen and welcome to Pembina Pipeline Corporation Q2 2024 Results Conference Call.
What type of business is Pembina Pipeline?
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.
What sector is Pembina Pipeline in?
Pembina Pipeline is in the Energy sector
What industry is Pembina Pipeline in?
Pembina Pipeline is in the Oil & Gas Midstream industry
What country is Pembina Pipeline from?
Pembina Pipeline is headquartered in Canada
When did Pembina Pipeline go public?
Pembina Pipeline initial public offering (IPO) was on 06 October 2010
What is Pembina Pipeline website?
https://www.pembina.com
Is Pembina Pipeline in the S&P 500?
No, Pembina Pipeline is not included in the S&P 500 index
Is Pembina Pipeline in the NASDAQ 100?
No, Pembina Pipeline is not included in the NASDAQ 100 index
Is Pembina Pipeline in the Dow Jones?
No, Pembina Pipeline is not included in the Dow Jones index
When was Pembina Pipeline the previous earnings report?
No data
When does Pembina Pipeline earnings report?
The next expected earnings date for Pembina Pipeline is 05 November 2024