Pembina Pipeline Stock Price, News & Analysis

Pembina Pipeline Corporation (PBA) cautions Inter Pipeline Ltd. (IPL) shareholders against accepting Brookfield's hostile offer, emphasizing the value of a board-supported strategic merger between Pembina and Inter Pipeline. The merger promises a 45% premium, immediate dividend increases, and significant synergies between $150-$200 million. Pembina assures tax-deferred rollover options for Canadian shareholders, alongside substantial growth opportunities and regulatory certainty. The anticipated closing date for the merger is late-Q3/early-Q4 2021.

Pembina Pipeline Corporation (PBA) has declared a cash dividend of $0.21 per common share for June 2021, payable on July 15, 2021, to shareholders on record as of June 25, 2021. This qualifies as an 'eligible dividend' for Canadian income tax. For U.S. shareholders, the dividend is expected to be approximately $0.1742 per share. Pembina continues to emphasize its commitment to delivering sustainable, reliable services within North America's energy sector.

Pembina Pipeline Corporation and Inter Pipeline Ltd. have entered into a share-for-share agreement, marking a significant transaction valued at approximately $15.2 billion, including debt. This deal aims to create one of Canada’s largest energy infrastructure firms, with a combined enterprise value of $53 billion. The merger is expected to generate $150 to $200 million in annual synergies and enhance cash flow by $1.1 to $1.4 billion post-dividends. Inter Pipeline shareholders will receive a premium of 17.8% per share, leading to a 175% dividend increase upon transaction closure.

Pembina Pipeline Corporation (PBA) announced the results of its annual shareholder meeting held on May 7, 2021, with 328,903,599 shares (59.81%) voted. All 11 director nominees were elected, with Cynthia Carroll receiving 98.11% in favor. KPMG LLP was appointed as auditors. The overall approach to executive compensation was approved by 93.75% of votes. Pembina, a major North American midstream service provider, continues to focus on expanding its infrastructure and services to enhance shareholder value.

Pembina Pipeline Corporation (PBA) announced a cash dividend of $0.21 per common share for May 2021, payable on June 15, 2021, to shareholders of record as of May 25, 2021. This dividend, categorized as an eligible dividend for Canadian tax purposes, is approximately $0.17 per share for U.S. shareholders, subject to currency fluctuations and withholding tax. Pembina pays dividends monthly, with the next record date falling on the 25th of each month. The company has been a key player in North America's energy sector for over 65 years, focusing on midstream services.

Pembina Pipeline Corporation (TSX: PPL, NYSE: PBA) reported strong Q1 2021 results with earnings of $320 million and adjusted EBITDA of $835 million, consistent with Q1 2020. The results benefited from higher natural gas liquids and crude oil prices, despite hedging losses. The Prince Rupert Terminal commenced operations, enhancing global market access. An agreement with Mitsui will ensure cargo sales from the terminal. Additionally, Pembina signed a long-term renewable energy purchase agreement, aiming for significant emissions reductions. Executive transitions occurred with retirements and promotions.

Pembina Pipeline Corporation (PBA) plans to redeem all 10 million of its issued Series 13 Preferred Shares on June 1, 2021, at a redemption price of $25 each, totaling $250 million. This will be financed using proceeds from a recent $600 million subordinated notes offering. Additionally, Pembina's Board declared a cash dividend of $0.21 per common share for April 2021, payable on May 14, 2021. The Series 13 preferred shares will also provide a final dividend of $0.359375, payable on June 1, 2021.

Pembina Pipeline Corporation (PBA) announced a cash dividend of $0.21 per common share for March 2021, payable on April 15, 2021, to shareholders of record by March 25, 2021. The dividend is classified as an 'eligible dividend' for Canadian tax purposes. For U.S. shareholders, this equates to approximately $0.1663 per share, subject to currency fluctuations and Canadian withholding taxes. Pembina is dedicated to providing integrated infrastructure solutions in North America’s energy sector and aims to offer sustainable returns to its shareholders.

Pembina Pipeline Corporation (PBA) has filed its audited consolidated financial statements for the year ended December 31, 2020, along with the management's discussion and analysis. The filings include the Form 40-F with the U.S. SEC. This provides stakeholders with essential financial data. Pembina operates in North America's energy sector, focusing on transporting hydrocarbon liquids and natural gas, and continues to expand its infrastructure and services. For further details, documents can be accessed via the company's website and regulatory authorities.