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 (PBA) generates frequent news and disclosures related to its role as an energy transportation and midstream service provider in North America. News coverage commonly highlights developments across its Pipelines, Facilities, and Marketing & New Ventures divisions, as well as updates on major projects and capital markets activity.
Investors following Pembina’s news can expect regular updates on financial guidance, quarterly financial and operating results, and changes to adjusted EBITDA outlooks. The company issues news releases on its capital investment plans, including spending in the Pipelines and Facilities divisions and contributions to equity-accounted investees such as Pembina Gas Infrastructure and Cedar LNG.
Project-related news often focuses on pipeline expansions and major infrastructure initiatives. Examples include expansions of the Peace Pipeline system, development of the Fox Creek-to-Namao expansion, the Taylor-to-Gordondale project, and the Birch-to-Taylor NEBC system expansion. Pembina also reports on progress at its gas processing and fractionation facilities, such as the Wapiti Expansion, the K3 cogeneration facility, and the RFS IV propane-plus fractionator at the Redwater Complex.
Pembina’s news flow also covers LNG and export developments, particularly the Cedar LNG project, where the company has announced long-term liquefaction capacity agreements with counterparties such as PETRONAS and Ovintiv. Additional items include regulatory milestones for assets like the Alliance Pipeline and updates on new platforms such as the Greenlight Electricity Centre, a proposed gas-fired power generation project in Alberta.
Capital markets and corporate news can feature subordinated note offerings, preferred share dividend declarations, and conference call and webcast details for earnings releases. For readers tracking PBA, this news page provides an organized view of Pembina’s operational progress, project milestones, financing activities, and strategic initiatives across its integrated midstream network.
Pembina Pipeline Corporation (NYSE: PBA) announced a leadership transition as Mick Dilger stepped down as President and CEO. Scott Burrows, previously CFO, will serve as interim CEO while the Board searches for a permanent replacement. Pembina reiterated its full-year guidance for adjusted EBITDA of $3.3 - $3.4 billion for 2021 and plans to update capital budget forecasts in December. Under Dilger's leadership, the company expanded significantly, achieving a market capitalization of approximately $35 billion. This transition aims to maintain momentum into 2022.
Pembina Pipeline Corporation (NYSE: PBA) has declared a cash dividend of $0.21 per common share for November 2021, which will be paid on December 15, 2021, to shareholders of record as of November 24, 2021. For U.S. shareholders, this dividend equates to approximately $0.1691 based on the current exchange rate. Pembina maintains a policy of paying dividends monthly, with the payment date typically set for the 15th day following the record date.
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.
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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.
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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.