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.
Pembina Pipeline Corporation (PBA) has successfully closed a $1.0 billion offering of senior unsecured medium-term notes. The offering comprised two tranches: $500 million in Series 17 Notes with a 3.53% fixed coupon, maturing on December 10, 2031, and $500 million in Series 18 Notes with a 4.49% fixed coupon, maturing on December 10, 2051. The proceeds will be used to repay existing debt under a $2.5 billion revolving credit facility and for general corporate purposes. The offering was announced on December 8, 2021, and follows a base shelf prospectus dated November 29, 2021.
Pembina Pipeline Corporation (PBA) announced a $1.0 billion public offering of senior unsecured medium-term notes, split into two tranches: $500 million with a 3.53% fixed coupon maturing in 2031 and $500 million with a 4.49% coupon maturing in 2051. The closing is expected on December 10, 2021. Proceeds will be used to repay debt under a $2.5 billion revolving credit facility and for general corporate purposes. The notes are not registered in the USA and there are no guarantees on the completion timeline.
Summary not available.
Pembina Pipeline Corporation (PBA) has declared a common share cash dividend of $0.21 per share for December 2021, payable on January 14, 2022 to shareholders of record by December 31, 2021. For U.S. shareholders, the dividend is approximately $0.1639 per share, subject to withholding tax. Pembina pays monthly cash dividends, with record dates on the 25th of each month, except December. Additionally, Pembina announced a conference call on December 8, 2021 to discuss its business outlook and ESG initiatives.
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.
Summary not available.
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.