Edition:
United States

Pembina Pipeline Corp (PBA.N)

PBA.N on New York Stock Exchange

36.22USD
4:02pm EDT
Change (% chg)

$-0.13 (-0.36%)
Prev Close
$36.35
Open
$36.39
Day's High
$36.44
Day's Low
$36.07
Volume
63,769
Avg. Vol
184,639
52-wk High
$37.93
52-wk Low
$28.30

Latest Key Developments (Source: Significant Developments)

Pembina Pipeline Announces $700 Mln Public Note Offering
Thursday, 22 Mar 2018 04:43pm EDT 

March 22 (Reuters) - Pembina Pipeline Corp ::PEMBINA PIPELINE CORPORATION ANNOUNCES $700 MILLION PUBLIC NOTE OFFERING.PEMBINA PIPELINE CORP - OFFERING WILL BE CONDUCTED IN TWO TRANCHES CONSISTING OF $400 MILLION IN SENIOR UNSECURED MEDIUM-TERM NOTES, SERIES 10.PEMBINA PIPELINE CORP - OFFERING WILL ALSO CONSIST OF $300 MILLION IN SENIOR UNSECURED MEDIUM-TERM NOTES, SERIES 11.  Full Article

Pembina Pipeline Qtrly Earnings Per Share $0.83
Thursday, 22 Feb 2018 05:42pm EST 

Feb 22 (Reuters) - Pembina Pipeline Corp ::REPORTS RECORD ANNUAL RESULTS IN 2017.QTRLY EARNINGS PER SHARE $0.83.QTRLY TOTAL VOLUME 2,917 MBOE/D VERSUS 1,941 MBOE/D.QTRLY REVENUE $1,716 MILLION VERSUS $1,251 MILLION.‍RECOGNIZED A $70 MILLION DEFERRED TAX RECOVERY IN Q4 OF 2017, LARGELY DUE TO ENACTMENT OF TAX CUTS AND JOBS ACT​.Q4 REVENUE VIEW C$1.96 BILLION -- THOMSON REUTERS I/B/E/S.‍REMAIN ON TRACK TO ACHIEVE 2018 ADJUSTED EBITDA GUIDANCE OF $2.55 BILLION TO $2.75 BILLION​.PEMBINA PIPELINE - ANTICIPATE BEING ABLE TO FUND GROWING DIVIDEND AND $1 BILLION TO $2 BILLION OF CAPITAL PROJECTS PER YEAR WITHOUT ACCESSING EQUITY MARKET​.  Full Article

Pembina Pipeline Corp approves new capital projects and announces 2018 capital program
Wednesday, 29 Nov 2017 07:11pm EST 

Nov 29 (Reuters) - Pembina Pipeline Corp ::PEMBINA PIPELINE CORPORATION APPROVES NEW CAPITAL PROJECTS AND ANNOUNCES 2018 CAPITAL PROGRAM.PEMBINA PIPELINE - ‍ BOARD APPROVED APPROXIMATELY $400 MILLION OF NEW CAPITAL PROJECTS, AS WELL AS A CAPITAL PROGRAM OF APPROXIMATELY $1.3 BILLION FOR 2018​.PEMBINA PIPELINE - EXPECTS TO FUND ABOUT $1.3 BILLION 2018 CAPITAL PROGRAM THROUGH INTERNALLY GENERATED CASH FLOW, DEBT FINANCING.PEMBINA PIPELINE CORP - ‍BOARD OF DIRECTORS HAS APPROVED DEVELOPMENT OF COMPANY'S PREVIOUSLY PROPOSED LIQUEFIED PETROLEUM GAS EXPORT TERMINAL​.PEMBINA PIPELINE - PRINCE RUPERT TERMINAL IS EXPECTED TO HAVE PERMITTED CAPACITY OF ABOUT 25,000 BARRELS/ DAY OF LPG.PEMBINA PIPELINE CORP - PRINCE RUPERT TERMINAL IS EXPECTED TO BE IN SERVICE MID-2020.PEMBINA PIPELINE CORP - PEMBINA PLANS TO SPEND APPROXIMATELY $540 MILLION IN ITS CONVENTIONAL PIPELINES BUSINESS NEXT YEAR.PEMBINA PIPELINE CORP - EXPECTED CAPITAL COST HAS BEEN ADJUSTED TO $250 MILLION TO $270 MILLION FOR PRINCE RUPERT TERMINAL​.PEMBINA PIPELINE CORP - ‍ BOARD SANCTIONED DEVELOPMENT OF NORTH CENTRAL LIQUIDS HUB WHICH SUPPORTS OPERATIONS FOR CUTBANK RIDGE PARTNERSHIP​.PEMBINA PIPELINE-ESTIMATED CAPITAL COST FOR NORTH CENTRAL LIQUIDS HUB IS $320 MILLION ($150 MILLION NET TO CO), EXPECTED TO BE PLACED INTO SERVICE LATE 2018​.PEMBINA PIPELINE CORP - COMPANY PLANS TO SPEND APPROXIMATELY $135 MILLION TOWARDS PROGRESSING ITS PROPOSED JORDAN COVE LNG PROJECT.  Full Article

Pembina Pipeline Corporation Launches $300 Mln Bought Deal Preferred Share Offering
Tuesday, 28 Nov 2017 08:49am EST 

Nov 28 (Reuters) - Pembina Pipeline Corp ::PEMBINA PIPELINE CORPORATION LAUNCHES $300 MILLION BOUGHT DEAL PREFERRED SHARE OFFERING.PEMBINA PIPELINE CORP - ‍COMPANY INTENDS TO USE NET PROCEEDS FROM OFFERING TO REDUCE INDEBTEDNESS OF COMPANY UNDER ITS CREDIT FACILITIES​.PEMBINA PIPELINE - UNDERWRITERS TO PURCHASE 12 MILLION CO'S SERIES 21 PREFERRED SHARES AT $25.00 PER SHARE.  Full Article

Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development
Monday, 6 Nov 2017 05:11pm EST 

Nov 6 (Reuters) - Pembina Pipeline Corp :Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development.Pembina Pipeline - co to construct, operate first tranche of infrastructure development under service agreement with Chevron Canada​.  Full Article

Pembina Pipeline Corp reports qtrly earnings per share of $‍0.22​
Thursday, 2 Nov 2017 05:07pm EDT 

Nov 2 (Reuters) - Pembina Pipeline Corp ::Pembina Pipeline Corp reports strong third quarter 2017 results.Qtrly revenue $‍1,041​ million versus $970 million.Qtrly total volume ‍2,134​ mboe/d versus 1,903 mboe/d last year.Qtrly earnings per share $‍0.22​.  Full Article

Canada Competition Bureau says continuing to review Pembina Pipeline Corp's acquisition of Veresen
Monday, 2 Oct 2017 04:52pm EDT 

By David Ljunggren:Canada Competition Bureau says continuing to review Pembina Pipeline Corp's acquisition of Veresen, even though parties announced transaction closed Monday.Canada Competition Bureau says review is focused on the parties' ethane transportation assets in Canada.Canada Competition Bureau says it has one year following completion of a transaction to challenge the deal at the Competition Tribunal.  Full Article

PEMBINA ANNOUNCES CLOSING OF VERESEN BUSINESS COMBINATION, INCREASE IN DIVIDEND
Monday, 2 Oct 2017 08:48am EDT 

Oct 2 (Reuters) - Pembina Pipeline Corp ::PEMBINA ANNOUNCES CLOSING OF BUSINESS COMBINATION WITH VERESEN, DECLARES INCREASED COMMON SHARE DIVIDEND AND PROVIDES BUSINESS UPDATE.PEMBINA PIPELINE CORP - ‍BOARD OF DIRECTORS HAS DECLARED A COMMON SHARE CASH DIVIDEND FOR OCTOBER 2017 OF $0.18 PER SHARE ​.PEMBINA PIPELINE CORP - ‍NEW DIVIDEND REFLECTS 5.9 PERCENT INCREASE TO CURRENT MONTHLY COMMON SHARE DIVIDEND RATE OF $0.17 PER SHARE​.PEMBINA PIPELINE CORP - COMMISSIONING IS NOW UNDERWAY FOR COMPANY'S DUVERNAY ASSETS.PEMBINA PIPELINE CORP - ‍DUVERNAY COMPLEX IS EXPECTED TO BE PLACED INTO SERVICE ON NOVEMBER 1, 2017, AHEAD OF SCHEDULE AND UNDER BUDGET​.PEMBINA PIPELINE - ANTICIPATES THAT CONSTRUCTION OF 160 KM NORTHEAST BRITISH COLUMBIA PIPELINE WILL BE COMPLETED IN OCTOBER ON TIME AND ON BUDGET.PEMBINA PIPELINE CORP - ‍NEBC EXPANSION IS EXPECTED TO ADD APPROXIMATELY 75 THOUSAND BARRELS PER DAY​.  Full Article

Pembina Pipeline announces Phase V pipeline expansion update
Thursday, 28 Sep 2017 07:45am EDT 

Sept 28 (Reuters) - Pembina Pipeline Corp :Pembina Pipeline Corporation announces Phase V pipeline expansion update.Pembina Pipeline Corp - ‍company is also revising its capital cost estimate for Phase V by an additional $135 million for a total capital cost of $385 million​.Pembina Pipeline Corp - ‍company continues to anticipate bringing Phase V into service in late-2018​.  Full Article

Pembina Pipeline Corp announces $600 mln public note offering
Monday, 14 Aug 2017 03:21pm EDT 

Aug 14 (Reuters) - Pembina Pipeline Corp ::Pembina Pipeline Corporation announces $600 million public note offering.Agreed to issue $600 million of senior unsecured medium-term notes​.Net proceeds will be used to repay short-term indebtedness of co under credit facilities, to fund Pembina's capital program​.Offering to be conducted in 2 tranches; $350 million principal amount through re-opening co's 2.99% medium-term notes, series 8, due Jan 22, 2024​.Offering also consisting of $250 million principal amount through re-opening of co's 4.74% medium-term notes, series 9, due Jan 21, 2047​.  Full Article