Pembina Pipeline Corporation
PPLAF
Other OTC18.55
USD
-0.03
- -
CIK
0001546066
ISIN
CA7063271117
CUSIP
706327111
Return %
Stock
S&P500
1Y
-0.05
19.01
3Y
42.04
65.49
5Y
22.44
72.21
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
•
in mil. unless spec.- CEO
- J. Scott Burrows
- Full Time Employees
- 2,974
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 585 - 8th Avenue South West Calgary AB Canada T2P 1G1
- IPO Date
- Sep 6, 2022
- CIK
- 0001546066
- Website
- pembina.com
- Similar Companies
- Business
- Pembina Pipeline Corporation is a leading North American energy transportation and midstream service provider that owns and operates an integrated network of pipelines, gas gathering and processing facilities, natural gas liquids infrastructure, logistics services, and export terminals; it serves producers, refiners, marketers, industrial users, and consumers across the hydrocarbon value chain, including crude oil, natural gas, condensate, and NGLs such as ethane, propane, and butane. The company operates through three main divisions—Pipelines, Facilities, and Marketing & New Ventures—with approximately 18,000 kilometres of pipelines encompassing conventional, oil sands and heavy oil, and transmission systems; gas processing plants like those at Cutbank, Duvernay, and Saturn complexes that process enough gas annually to heat 11.7 million homes; fractionation and storage facilities including Redwater and Empress; terminalling hubs such as Edmonton Terminals and Vancouver Wharves; and marketing services that connect Western Canadian Sedimentary Basin production to global markets, including under-construction projects like the Prince Rupert LPG Export Terminal and Cedar LNG. Founded in 1954 and headquartered in Calgary, Alberta, Pembina maintains primary operations in Western Canada including Alberta, British Columbia, and Saskatchewan, with extensions into the U.S. through assets like the Cochin Pipeline, Alliance Pipeline to Chicago, and Aux Sable facilities. Recent developments include the full consolidation of Alliance Pipeline and Aux Sable in 2024, boosting ownership and EBITDA contributions; Pembina Gas Infrastructure's acquisitions of remaining interests in Duvernay Complex assets from Whitecap Resources for $55 million and a North Gold Creek Battery commitment up to $150 million in 2025, alongside long-term take-or-pay agreements with Veren and Whitecap; positive final investment decision on the Cedar LNG project with Haisla Nation and a long-term capacity agreement with PETRONAS; completions of Phase VIII Peace Pipeline Expansion and NEBC MPS Expansion; new ethane supply agreements with Dow Chemical Canada; and a revised 2025 capital program of $1.3 billion supporting expansions like RFS IV, Wapiti, K3 Cogeneration, and Fox Creek-to-Namao Pipeline.