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Pembina Pipeline Corporation (PBA) delivers essential midstream energy services through its North American network of pipelines, processing facilities, and logistics infrastructure. This news hub provides investors and industry professionals with centralized access to official announcements, operational updates, and strategic developments.
Track Pembina's latest earnings reports, infrastructure expansions, and partnership initiatives through verified press releases and curated analysis. Our repository includes updates on pipeline operations, gas processing projects, and market-driven adaptations within the hydrocarbon value chain.
Discover timely information on Pembina's contracted transportation services, storage solutions, and energy transition initiatives. Key coverage areas include asset acquisitions, environmental stewardship programs, and regulatory filings that impact long-term operational strategy.
Bookmark this page for streamlined monitoring of Pembina's role in connecting energy producers with global markets. Return regularly to stay informed about critical developments affecting North America's midstream energy landscape.
Pembina Pipeline Corporation (PBA) reported strong financial results for Q3 2021, with earnings of $588 million and adjusted EBITDA of $850 million, reflecting robust pricing across all commodities. Notably, the company received a $350 million fee related to the termination of the Inter Pipeline acquisition. Total revenue surged to $2.149 billion, up from $1.496 billion year-over-year. The company also announced plans to reduce greenhouse gas emissions by 30% by 2030. However, a decrease in pipeline and facility volumes was noted, contributing to a cautious outlook for certain divisions.
Pembina Pipeline Corporation (PBA) has declared a cash dividend of $0.21 per common share for October 2021, to be paid on November 15, 2021. The record date is set for October 25, 2021. For U.S. shareholders, the dividend will be approximately $0.1669 per share, subject to currency fluctuations and withholding taxes. Preferred share dividends were also announced for several series, with payment dates mostly on December 1 and December 31. Additionally, Pembina will release its third quarter results on November 4, 2021.
Pembina Pipeline Corporation (NYSE: PBA) announced a common share cash dividend of $0.21 per share for September 2021, payable on October 15, 2021, to shareholders of record by September 24, 2021. This dividend is classified as an "eligible dividend" for Canadian tax purposes. For U.S. shareholders, it is expected to be approximately $0.1677, depending on the exchange rate. Pembina pays monthly dividends, with a record date typically on the 25th of each month and payment on the 15th of the following month.
Pembina Pipeline Corporation (PBA) declared a cash dividend of $0.21 per share for August 2021, payable on September 15, 2021. Shareholders of record by August 25, 2021 will receive the dividend, which qualifies as an eligible dividend for Canadian tax purposes. The expected U.S. dollar equivalent is $0.1674 before applicable withholding tax. Pembina continues its monthly dividend payments, reinforcing its commitment to delivering value to shareholders.
Pembina Pipeline Corporation reported its second quarter 2021 results, highlighting an updated adjusted EBITDA guidance of $3.3 to $3.4 billion. Key financial metrics included adjusted EBITDA of $778 million, a 1% decrease compared to 2020. Total revenue reached $1.954 billion, up from $1.268 billion in Q2 2020. Despite a 9% drop in cash flow from operating activities to $584 million, volumes rose to 3,500 mboe/d, reflecting strong demand. Pembina also announced three significant partnerships and received a $350 million termination fee after ending its acquisition of Inter Pipeline.
Pembina Pipeline Corporation (PBA) confirmed it will not change the share exchange ratio of 0.50 common shares in its proposed acquisition of Inter Pipeline Ltd. (IPL). The board of directors of Inter Pipeline has unanimously recommended this Strategic Combination.
Shareholders are urged to vote in favor by the proxy voting deadlines on July 27, 2021, with the transaction expected to close in late Q3 or early Q4 2021.
Pembina Pipeline Corporation announced that the Alberta Securities Commission (ASC) upheld its proposed acquisition plan with Inter Pipeline and confirmed a $350 million break fee that may be payable by Inter Pipeline under certain conditions. The ASC dismissed Brookfield's bid application and established a higher minimum tender condition for Brookfield's takeover bid at 55% of the shares. This decision protects shareholder rights and emphasizes the advantages of the Pembina-Inter Pipeline Arrangement, which proposes a significant increase in dividends and aims to create a leading energy infrastructure firm.
Pembina Pipeline Corporation has declared a common share cash dividend of $0.21 per share for July 2021, payable on August 13, 2021 to shareholders of record as of July 23, 2021. This dividend is recognized as an 'eligible dividend' for Canadian tax purposes. For U.S. shareholders, the equivalent cash dividend is approximately $0.1687 per share. The Board of Directors also announced several quarterly preferred share dividends with varying payment dates in September 2021.
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