Welcome to our dedicated page for PEMBINA PIPELINE news (Ticker: PBA), a resource for investors and traders seeking the latest updates and insights on PEMBINA PIPELINE stock.
Pembina Pipeline Corporation reports developments in its energy transportation and midstream business, which includes hydrocarbon liquids and natural gas pipelines, gas gathering and processing, oil and natural gas liquids infrastructure, logistics services and an export terminals business. The company’s common shares trade as PBA on the NYSE and PPL on the TSX.
Recurring updates include quarterly and annual operating results, adjusted EBITDA and cash flow measures, guidance, common and preferred share dividends, and shareholder meeting outcomes. Company news also covers volume trends and commercial activity across systems such as Alliance Pipeline, Cochin Pipeline, Peace Pipeline, conventional pipeline corridors, PGI gas processing and the Redwater Complex, along with capital projects and Marketing & New Ventures activity tied to natural gas liquids and export capacity.
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Pembina Pipeline Corporation (NYSE:PBA) has declared dividends for its preferred shares, including Series 1, 3, 5, 7, 9, 15, 17, 19, 21, 22, and 25. The dividends are as follows: Series 1 at $0.306625, Series 3 at $0.279875, Series 5 at $0.285813, Series 7 at $0.273750, Series 9 at $0.268875, Series 15 at $0.385250, Series 17 at $0.301313, Series 19 at $0.292750, Series 21 at $0.393875, Series 22 at $0.485584, and Series 25 at $0.405063. Payment dates for these dividends range from May 15 to June 30, 2023. The company will also release its first quarter 2023 results on May 4, 2023, followed by a conference call on May 5, 2023.
The Haisla Nation and Pembina Pipeline have marked a significant milestone with the receipt of the Environmental Assessment Certificate for the Cedar LNG Project in Kitimat, British Columbia. This project, located on Haisla Nation-owned land, is set to export three million tonnes of LNG annually, leveraging Canada’s natural gas supply for global markets. A 20-year liquefaction services agreement has also been signed with ARC Resources for 1.5 million tonnes per year. Cedar LNG aims to be one of the lowest-emitting LNG facilities, powered by renewable electricity and utilizing existing infrastructure to minimize environmental impact.
Pembina Pipeline Corporation (NYSE: PBA) announced the renewal of its normal course issuer bid (NCIB) approved by the Toronto Stock Exchange. The NCIB allows Pembina to repurchase up to 27,516,835 common shares, equating to five percent of its outstanding shares, commencing March 10, 2023, and expiring March 9, 2024. Pembina aims to leverage its financial resources effectively, as current market prices may not reflect its shares' intrinsic value. The previous NCIB allowed for the repurchase of 27,518,100 shares, with 7,154,228 shares bought at an average price of $46.55.
Pembina Pipeline Corporation (NYSE:PBA) has filed its audited consolidated financial statements for the year ended December 31, 2022, with Canadian securities authorities and the U.S. Securities and Exchange Commission. The filings include related management's discussion and analysis and the annual information form. Copies of the documents are available on SEDAR, SEC, and Pembina's website. Pembina continues to serve North America's energy industry for over 65 years, providing an integrated network of energy solutions. Investors can request printed copies of the financial statements via Investor Relations.