Pembina Pipeline Corporation

Pembina Pipeline Corporation

PPLAF
Pembina Pipeline CorporationUS flagOther OTC
18.70
USD
- -
- -
10.88BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
15.15
16.15
16.94
17.1
22.57
23.67
25.29
21.84
21.43
24.57
24.78
26.41
25.89
26.38
Tangible Book Value per Share
7.02
7.74
9.38
9.96
13.2
14.99
13.52
10.31
10.09
13.43
13.74
15.18
14.97
15.5
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
5,006
6,069
4,635
4,265
5,400
7,351
6,372
5,953
8,627
11,611
6,331
7,384
7,778
7,962
Operating Margin (%)
13.18
11.57
14.78
18.94
22.41
27.49
33.44
29.9
30.01
22.35
38.29
38.95
34.66
35.36
Depreciation Expense
171
226
263
293
382
417
507
700
723
683
663
862
987
972
Net Income, GAAP
351
383
406
466
883
1,278
1,507
-316
1,242
2,971
1,776
1,864
1,694
1,785
Effective Tax Rate (%)
28.95
29.2
32.41
28.85
13.85
26.64
2.27
- -
25.41
7.7
18.87
- -
23.24
22.99
Profit Margin (%)
7.01
6.31
8.76
10.93
16.35
17.39
23.65
-5.31
14.4
25.59
28.05
25.24
21.78
22.42
Working Capital
-170
-22
37
-102
-128
-525
-460
-792
-1,145
-696
-588
-1,335
-806
-969
LT Debt
2,013
2,857
3,318
4,145
7,300
7,462
10,785
10,951
10,874
10,596
10,416
11,707
12,627
12,525
Total Equity
5,171
6,336
7,424
8,296
13,841
14,509
16,868
15,015
14,363
15,789
15,813
17,510
16,771
17,063
Return on Invested Capital (%)
6.55
5.94
4.63
4.96
6.16
6.74
8.25
- -
7.28
8.97
7.28
- -
6.79
8.92
Return on Capital (%)
5.97
5.44
4.84
4.71
6.15
6.78
7.21
- -
5.93
12.73
7.99
- -
7.1
9.32
Return on Common Equity (%)
7.61
6.8
6.03
6.01
8.79
9.86
10.63
-3.68
9.23
22.46
12.15
11.89
10.2
11.74

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
683
681
1,282
LT Borrowings
12,088
12,709
12,013
LT Finance Leases
539
526
512
Preferred Equity and Hybrid Capital
1,729
1,727
1,725
Shares Outstanding
581
581
581
Market Capitalization
14,283
15,161
15,474

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,259
1,711
1,569
Cash, Cash Equivalents & STI
106
173
153
Accounts Receivable, Net
686
1,006
884
Inventories
284
324
297
Total Current Liabilities
2,065
2,054
2,538
Payables & Accruals
1,221
1,177
1,166
ST Debt
683
681
1,282
Deferred Revenue
39
40
44

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.09%
2.45%
-4.22%
Free Cash Flow
16.81%
8.57%
2.71%
Net Income, GAAP
-35.23%
-79.64%
-9.12%
Sales/Revenue/Turnover
9.09%
11.2%
5.34%
Total Cash Common Dividend
26.48%
3.65%
4.49%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,540
1,855
1,844
2,145
7,384
2025
2,282
1,792
1,791
1,913
7,778
2026
2,106
2,152
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

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
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.