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.
- Election of 11 directors with strong approval ratings, notably J. Scott Burrows receiving 99.59% approval and Alister Cowan with 99.82%
- KPMG LLP was reappointed as auditors with 89.36% approval
- Shareholders approved continuing the company's shareholder rights plan with 93.69% support
- The company's executive compensation approach received strong endorsement with 96.74% approval
Pembina Pipeline Corporation reported strong Q1 2025 financial results with earnings of $502 million, adjusted EBITDA of $1,167 million, and adjusted cash flow from operating activities of $777 million ($1.34 per share). The company announced a 3% increase in quarterly dividend to $0.71 per share, payable June 30, 2025.
The company is trending towards the midpoint of its 2025 adjusted EBITDA guidance range of $4.2-4.5 billion. Revenue increased significantly to $2,282 million, up from $1,540 million in Q1 2024. Pembina continues to benefit from growth across the Canadian energy industry with rising utilization on conventional pipeline systems and at Pembina Gas Infrastructure.
Notable developments include new commercial agreements with a leading Montney producer, progress on various construction projects including RFS IV and Cedar LNG Project, and the acquisition of Enbridge's interests in Alliance joint venture.
Pembina Pipeline (TSX: PPL; NYSE: PBA) has announced quarterly dividend declarations for its preferred shares Series 1, 3, 5, 7, 9, 15, 17, 19, 21, and 25. The dividends will be paid across different dates in May and June 2025:
- Series 1, 3, 5, 7, 9, and 21 dividends are payable on June 2, 2025 (record date: May 1, 2025)
- Series 15, 17, and 19 dividends are payable on June 30, 2025 (record date: June 16, 2025)
- Series 25 dividends are payable on May 15, 2025 (record date: April 30, 2025)
Additionally, the company will release its first quarter 2025 results on May 8, 2025, after markets close, followed by a conference call and webcast on May 9, 2025, at 8:00 a.m. MT.
Pembina Pipeline (TSX: PPL; NYSE: PBA) has announced the filing of its 2024 year-end disclosure documents. The company has submitted its audited consolidated financial statements, management's discussion and analysis, and annual information form for the year ended December 31, 2024, with Canadian securities regulatory authorities. Additionally, Pembina has filed its Form 40-F with the U.S. Securities and Exchange Commission.
These documents are accessible through various platforms including SEDARPlus, SEC website, and Pembina's investor relations section. Shareholders can request printed copies of the audited consolidated financial statements and related management's discussion free of charge through investor relations.
Pembina Pipeline (NYSE: PBA) has acquired a 50% stake in Greenlight Electricity Centre Partnership, partnering with Kineticor Holdings LP #3. The joint venture is developing the Greenlight Electricity Centre (GLEC), a proposed multi-phased gas-fired power facility with up to 1,800 MW capacity and carbon capture capabilities, alongside an 1,800 MW data centre complex in Alberta's Industrial Heartland.
The project, managed by Kineticor, will be developed in 450 MW modular phases to match market demand. Currently in Stage 3 of the AESO interconnection process, GLEC targets grid interconnection by early 2027. The facility can either supply power to co-located data centres or feed directly into Alberta's power grid.
This development aligns with Alberta's goal to attract $100 billion in data centre investments by 2030. The strategic location offers access to transmission lines, utility infrastructure, carbon sequestration, and fiber connectivity.
Pembina Pipeline (TSX: PPL; NYSE: PBA) reported record financial results for Q4 and full-year 2024. The company achieved record full-year earnings of $1,874 million, with record adjusted EBITDA of $4,408 million and adjusted cash flow from operating activities of $3,265 million ($5.70 per share).
Q4 highlights include earnings of $572 million, record quarterly adjusted EBITDA of $1,254 million, and record quarterly adjusted cash flow from operating activities of $922 million ($1.59 per share). Notable developments include PGI's asset acquisitions worth up to $700 million, successful completion of the NEBC MPS Expansion, and additional 25,000 bbl/d capacity contract on the Nipisi Pipeline.
The board declared a Q1 2025 dividend of $0.69 per share, payable March 31, 2025. The company's 2024 performance exceeded guidance, driven by stronger NGL margins, lower expenses, and improved pipeline and facilities operations.
Pembina Pipeline (TSX: PPL; NYSE: PBA) has announced quarterly dividend declarations for its preferred shares Series 1, 3, 5, 7, 9, 15, 17, 19, 21, and 25. The dividends range from $0.268875 to $0.425875 per share, with various payment dates in February and March 2025.
The company will release its fourth quarter 2024 results on Thursday, February 27, 2025, after markets close. A conference call and webcast are scheduled for Friday, February 28, 2025, at 8:00 a.m. MT. The conference call will be available for replay until March 7, 2025, and a webcast archive will be accessible on Pembina's website for at least 90 days.
Pembina Pipeline (TSX: PPL; NYSE: PBA) announces the closing of PGI's acquisition of a 50% working interest in Whitecap Resources' Kaybob Complex, effective December 31, 2024. The deal includes long-term take-or-pay agreements and area-of-dedication commitments for Whitecap's volumes.
Based on Whitecap's drilling results, PGI expects full capacity utilization at the Kaybob Complex and has accelerated K3 facility developments to Q3 2025, one year ahead of schedule. PGI will invest up to $400 million ($240 million net to Pembina) in the Lator Infrastructure project, expected to start in late 2026/early 2027.
Additionally, PGI has increased its funding commitment for Veren's Gold Creek and Karr areas infrastructure to approximately $200 million ($120 million net to Pembina), supported by long-term take-or-pay commitments. These developments will support higher utilization of Pembina's Peace Pipeline and Redwater Complex, including the RFS IV expansion.
Pembina Pipeline has announced its 2025 financial guidance, projecting adjusted EBITDA of $4.2 billion to $4.5 billion. The company plans a $1.1 billion capital investment program for 2025, focusing on ongoing construction projects and development spending. The guidance reflects positive impacts from volume growth across Western Canadian Sedimentary Basin, new assets, and full-year impact of Alliance and Aux Sable assets consolidation, partially offset by Cochin Pipeline recontracting impacts.
Key priorities for 2025 include safe operations, project execution, progressing Cedar LNG Project, evaluating options for Dow Supply Agreement, and developing pipeline expansions. The company expects to generate positive free cash flow and maintain a year-end debt-to-adjusted EBITDA ratio of 3.4 to 3.7 times.