Pembina Pipeline's Q3 Earnings Miss Estimates, Sales Fall Y/Y

Pembina Pipeline Corporation (PBA) reported third-quarter 2024 earnings per share of 44 cents, which missed the Zacks Consensus Estimate of 56.  This underperformance was primarily due to weak delivery in the company’s Pipelines and facilities segments. PBA’s Pipelines volume for the third quarter of 2024 was reported at 2,738 thousand barrels of oil equivalent per day (mboe/d), below the consensus estimate of 2,754 mboe/d. Facilities volume for the same period was 810 mboe/d, missing the consensus expectat ...