Pembina Pipeline Corporation
PBNAF
Other OTC18.20
USD
- -
- -
CIK
0001546066
ISIN
CA7063272024
CUSIP
706327202
Return %
Stock
S&P500
1Y
11.66
26.53
3Y
43.31
76.60
5Y
10.44
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- J. Scott Burrows
- Full Time Employees
- 2,997
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 585 - 8th Avenue South West Calgary AB Canada T2P 1G1
- IPO Date
- Jul 27, 2017
- CIK
- 0001546066
- Website
- pembina.com
- Similar Companies
- Business
- Pembina Pipeline Corporation operates as an integrated energy transportation and midstream service provider in North America, owning and managing approximately 18,000 kilometres of pipelines for conventional oil, oil sands and heavy oil, and natural gas products primarily from Western Canada; gas gathering and processing facilities that handle sufficient natural gas annually to heat 11.7 million homes; natural gas liquids (NGL) fractionation, extraction, and storage facilities; and an oil and NGL infrastructure and logistics business encompassing terminals, truck terminals, marketing, and distribution services. The company serves producers, refiners, industrial users, and consumers across the hydrocarbon value chain through its three primary segments of Pipelines, Facilities, and Marketing & New Ventures, with key assets including the Peace Pipeline system, Alliance Pipeline, Redwater Fractionation Complex, and the under-construction Prince Rupert Export Terminal. Pembina targets the Western Canadian Sedimentary Basin and related basins, extending operations into broader North American markets and pursuing global access via liquefied natural gas projects. Founded in 1954 and headquartered in Calgary, Alberta, Pembina Pipeline Corporation maintains geographic focus on Alberta, British Columbia, and surrounding regions while advancing export-oriented infrastructure. The company converted from an income fund structure to a corporation in 2010, enhancing its financial flexibility. In recent developments, Pembina completed the full consolidation of its Alliance Pipeline and Aux Sable joint ventures through the acquisition of Enbridge's equity interests for approximately $3.1 billion on April 1, 2024, boosting its ownership and exposure to resilient end-use markets. Pembina Gas Infrastructure (PGI), a key affiliate, announced transactions with Veren Inc. and Whitecap Resources Inc. in 2024-2025, including the acquisition of midstream assets and working interests supported by long-term take-or-pay contracts to enhance asset utilization and volume capture. Additional milestones include reaching positive final investment decision on the Cedar LNG project with the Haisla Nation, entering a 20-year agreement with PETRONAS for 1.0 million tonnes per annum capacity in November 2025, completing the $430 million Phase VIII Peace Pipeline Expansion and $90 million NEBC MPS Expansion on time and under budget, sanctioning $210 million in new projects such as the Wapiti Expansion and K3 Cogeneration Facility, and securing a long-term ethane supply agreement with Dow Chemical Canada for up to 50,000 barrels per day. Pembina also entered an LPG export agreement with AltaGas Ltd. in 2025, strengthened Alliance Pipeline contracts covering 96% of firm capacity with 10-year terms, and advanced over $1 billion in proposed pipeline expansions for Montney, Duvernay, and Deep Basin production growth.