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 (NYSE: PBA) announced a common share cash dividend of $0.21 per share for October 2020, payable on November 13, 2020 to shareholders on record as of October 23, 2020. This dividend is classified as an 'eligible dividend' for Canadian tax purposes. For U.S. fund recipients, the dividend is approximately $0.1583 per share, subject to exchange rates. Additionally, quarterly dividends for preferred shares were declared, with various payment dates set for December 2020.
Pembina Pipeline Corporation (NYSE: PBA) has declared a cash dividend of $0.21 per common share for September 2020, payable on October 15, 2020, to shareholders on record by September 25, 2020. For U.S. shareholders, the dividend is projected to be approximately $0.1607 per share. Pembina, a leading energy infrastructure provider based in Calgary, has a 65-year history of serving North America's energy sector, focusing on pipelines and midstream services.
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.