Pembina Pipeline Corporation (PBA) is currently trading near its 52-week high, reflecting its strong performance this year. Shares have surged 18% year to date (YTD), a significant outperformance against the broader oil-energy sector's 0.4% decline. Headquartered in Calgary, Alberta, Pembina is a major player in the energy infrastructure arena, boasting a vertically integrated model that spans the entire hydrocarbon value chain. PBA's extensive network passes through some of North America's most productive ...

Pembina Pipeline Corporation (PBA) , a Canada-based oil and gas storage and transportation company, has announced a major acquisition through its joint venture Pembina Gas Infrastructure Inc. ("PGI"). This agreement with Veren Inc. (VRN) involves acquiring its Gold Creek and Karr area oil batteries, coupled with a significant investment in future infrastructure development. The strategic acquisition represents a key milestone in Pembina's growth, expanding the company's infrastructure footprint and strength ...

Pembina Pipeline Corporation (PBA) reported second-quarter 2024 earnings per share of 75 Canadian cents, up from the prior-year quarter's level of 60 Canadian cents. This improvement can be attributed to higher contributions from all segments of the company. Revenues of $1.36 billion decreased 12% year over year and missed the Zacks Consensus Estimate of $1.44 billion. Operating cash flow decreased approximately 46.1% to C$954 million. Adjusted EBITDA came in at C$1,091 million compared with C$823 million i ...

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 ...

Pembina Pipeline (PBA) came out with quarterly earnings of $0.55 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this oil and gas transportation and services company would post earnings of $0.54 per share when it actually produced earnings of $0.54, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just onc ...

REPORT TO SHAREHOLDERS Second Quarter 2024 MANAGEMENT'S DISCUSSION AND ANALYSIS Table of Contents 1. About Pembina 2. Financial & Operating Overview 3. Segment Results 4. Liquidity & Capital Resources 5. Share Capital 6. Capital Expenditures 7. Selected Quarterly Information 8. Selected Equity Accounted Investee Information 9. Related Party Transactions 10. Accounting Policies & Estimates 11. Non-GAAP & Other Financial Measures 12. Other 13. Abbreviations 14. Forward-Looking Statements & Information | --- | ...

Pembina Pipeline (PBA) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 8 ...

Strategic Location and Infrastructure: Situated in British Columbia, the Cedar LNG Project leverages Canada's abundant natural gas reserves from the Western Canadian Sedimentary Basin. The project's strategic location at a deep-water port on the Douglas Channel ensures efficient access to global markets, particularly in Asia. This geographical advantage not only minimizes shipping distances but also utilizes existing infrastructure like the Coastal GasLink pipeline, optimizing operational efficiency. Projec ...

The financing framework includes a substantial $1.5 billion five-year term loan reserved for constructing a crucial pipeline linking the Cedar terminal to the nearby Shell-led Kitimat project. This infrastructure investment not only enhances logistical capabilities but also strengthens regional energy infrastructure, positioning British Columbia as a key player in the global LNG market. Market Implications and Economic Prediction Technological Advancements and Environmental Sustainability Position in the Gl ...

Pembina Pipeline Corporation (PBA) announced significant progress in the development of its $4 billion Cedar LNG project, a joint venture with the Haisla First Nation. This ambitious project aims to produce 3.3 million tons of liquefied natural gas ("LNG") annually, with completion slated for 2028. Pembina has secured all key regulatory permits and has well-defined plans in place, according to Senior Vice President Stuart Taylor. The final investment decision ("FID") is expected by June. Key Developments in ...