- CEO
- J. Scott Burrows
- Full Time Employees
- 2,974
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- Suite 4000, 585 - 8th Avenue S.W. Calgary AB Canada T2P 1G1
- IPO Date
- Sep 19, 2019
- Business
- Pembina Pipeline Corporation Pembina Pipeline Corporation, founded in 1954 and headquartered in Calgary, Alberta, Canada, operates as a leading North American energy transportation and midstream service provider, owning an integrated network of pipelines, facilities, and logistics assets serving the Western Canadian Sedimentary Basin and key U.S. markets including Chicago. The company structures its operations across three primary divisions: Pipelines, which encompasses over 18,000 kilometers of conventional, oil sands, heavy oil, and transmission pipelines transporting crude oil, natural gas, condensate, and natural gas liquids with a capacity exceeding 3 million barrels of oil equivalent per day; Facilities, which includes gas gathering and processing plants, natural gas liquids fractionation with 430,000 barrels per day capacity, cavern storage exceeding 21 million barrels, oil batteries, rail terminalling, and a liquefied propane export facility; and Marketing & New Ventures, which provides NGL marketing, distribution, crude oil blending, and logistics services connecting producers to refineries, petrochemical manufacturers, industrial users, and global export markets. Pembina's assets support upstream producers, natural gas processors, petroleum refineries, and energy traders across Canada and the northern U.S., with key infrastructure such as the Alliance Pipeline, Peace Pipeline system, Redwater Complex, and Prince Rupert export terminal. In recent developments, Pembina completed the full consolidation of Alliance Pipeline and Aux Sable through the acquisition of Enbridge's interests in 2024, enhancing exposure to resilient end-use markets and adding approximately $70 million to annual adjusted EBITDA; sanctioned the Cedar LNG project with a positive final investment decision and entered a long-term capacity agreement with PETRONAS; completed the $430 million Phase VIII Peace Pipeline Expansion and $90 million NEBC MPS Expansion on time and under budget; executed transactions with Veren Inc. and Whitecap Resources via Pembina Gas Infrastructure for enhanced gas processing utilization; and secured a long-term ethane supply agreement with Dow Chemical Canada for up to 50,000 barrels per day supporting the Path2Zero project, alongside sanctioning the Wapiti Expansion and K3 Cogeneration Facility. These strategic moves strengthen Pembina's franchise, capture growing WCSB volumes, and position the company for 2025 adjusted EBITDA guidance of $4.2 billion to $4.5 billion amid multi-year industry growth driven by LNG exports, NGL demand, and pipeline expansions.