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 (PBA) declared a cash dividend of $0.21 per common share for August 2020, payable on September 15, 2020, to shareholders of record on August 25, 2020. This dividend is categorized as an 'eligible dividend' for Canadian tax purposes. For U.S. shareholders, the expected dividend is approximately $0.1583 per share before applicable taxes. Pembina highlights its commitment to delivering integrated infrastructure solutions and aims to provide sustainable returns to investors.
Pembina Pipeline Corporation (NYSE: PBA) reported its second-quarter 2020 results, showcasing resilience amid the COVID-19 pandemic and declining global energy prices. The company anticipates adjusted EBITDA for the year will be between $3.25 billion and $3.55 billion, slightly below previous forecasts. Despite a 62% drop in earnings to $253 million, adjusted EBITDA rose 3% year-over-year to $789 million, driven by contributions from the recent Kinder Acquisition. Cash flow from operating activities decreased by 3%, totaling $642 million, while accounts receivable remain 97% current, indicating strong counterparty management.
Pembina Pipeline Corporation (NYSE: PBA) declared a cash dividend of $0.21 per common share for July 2020, payable on August 14, 2020. The record date is set for July 24, 2020. Shareholders receiving dividends in U.S. funds can expect approximately $0.1548 per share, subject to withholding tax. Quarterly preferred share dividends were also announced, with varying payment dates. Pembina will release its second-quarter results on August 6, 2020, with a conference call on August 7, 2020.
Pembina Pipeline Corporation (NYSE: PBA) announced that none of its Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 19, will convert to Series 20 Shares as fewer than 1,000,000 shares were tendered by the June 15, 2020 deadline. The company emphasizes its role as a leading provider in energy transportation and midstream services across North America, with a commitment to connectivity and market expansion. Pembina's integrated assets support diverse hydrocarbon transportation and processing across various sectors.