(All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”), which is a financial measure that is not defined by Generally Accepted Accounting Principles (“GAAP”). For more information about Adjusted EBITDA, see “Non-GAAP Measures” herein.)

CALGARY, Dec. 10, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) is pleased to announce a capital program of $1.6 billion and an Adjusted EBITDA guidance range of $2.8 to $3.0 billion for 2019.

“We are pleased to announce our capital … Continue Reading

CALGARY, Dec. 4, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for December 2018 of $0.19 per share to be paid, subject to applicable law, on January 15, 2019 to shareholders of record on December 31, 2018. This dividend is designated an “eligible dividend” for Canadian income tax purposes. For non-resident shareholders, Pembina’s common share dividends should be considered “qualified dividends” and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, … Continue Reading

CALGARY, Nov. 16, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) announced today that none of Pembina’s Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 1 (“Series 1 Shares”) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 2 of Pembina (“Series 2 Shares”) on December 1, 2018.

After taking into account all conversion notices received from holders of its outstanding Series 1 Shares by the November 16, 2018 deadline for the conversion of the Series 1 Shares into Series 2 Shares, less than the 1,000,000 Series 2 Shares required to … Continue Reading

CALGARY, Nov. 7, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for November 2018 of $0.19 per share to be paid, subject to applicable law, on December 14, 2018 to shareholders of record on November 23, 2018. This dividend is designated an “eligible dividend” for Canadian income tax purposes. For non-resident shareholders, Pembina’s common share dividends should be considered “qualified dividends” and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, … Continue Reading

Pembina reports strong third quarter results with record volumes and a tripling of earnings over the prior year.

All financial figures are in Canadian dollars unless noted otherwise.

CALGARY, Nov. 1, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the third quarter of 2018.

Operational and Financial Overview

3 Months Ended September
30

9 Months Ended September
30

($ millions, except where noted)

(unaudited)

(unaudited)

2018

2017(1)

2018

2017(1)

Revenue

2,045

1,045

5,827

3,684

Net revenue(2)

742

536

2,130

1,529

Share of profit from equity … Continue Reading

(All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) which is a financial measure that is not defined by Generally Accepted Accounting Principles (“GAAP”). For more information about Adjusted EBITDA, see “Non-GAAP Measures” herein.)

CALGARY, Nov. 1, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL) (NYSE: PBA) is pleased to announce that it has entered (directly and through its joint venture affiliates) into long-term, take-or-pay agreements to backstop development of new pipeline and processing infrastructure totaling approximately … Continue Reading

CALGARY, Nov. 1, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: PPL.PR.A) on December 1, 2018 (the “Conversion Date”).

As a result, and subject to certain terms of the Series 1 Shares, as described in the prospectus supplement dated July 19, 2013 relating to the issuance of the Series 1 Shares, the holders of the Series 1 Shares will have the right to elect to convert … Continue Reading

CALGARY, Oct. 3, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for October 2018 of $0.19 per share to be paid, subject to applicable law, on November 15, 2018 to shareholders of record on October 25, 2018. This dividend is designated an “eligible dividend” for Canadian income tax purposes. For non-resident shareholders, Pembina’s common share dividends should be considered “qualified dividends” and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, … Continue Reading

CALGARY, Sept. 24, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) is pleased to announce an increase to its 2018 Adjusted EBITDA guidance range to $2.75 to $2.85 billion.  The Company is also pleased to announce that in conjunction with incremental volume commitments from customers on the Peace pipeline, Pembina will be developing additional pipeline and terminalling infrastructure in the Wapiti region near Grande Prairie, Alberta and in northeast B.C.  The new infrastructure will have a combined aggregate capital cost of approximately $120 million and will be underpinned by long-term, take-or-pay commitments.  … Continue Reading

CALGARY, Sept. 6, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for September 2018 of $0.19 per share to be paid, subject to applicable law, on October 15, 2018 to shareholders of record on September 25, 2018. This dividend is designated an “eligible dividend” for Canadian income tax purposes. For non-resident shareholders, Pembina’s common share dividends should be considered “qualified dividends” and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, … Continue Reading

CALGARY, Aug. 7, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for August 2018 of $0.19 per share to be paid, subject to applicable law, on September 14, 2018 to shareholders of record on August 24, 2018. This dividend is designated an “eligible dividend” for Canadian income tax purposes. For non-resident shareholders, Pembina’s common share dividends should be considered “qualified dividends” and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, … Continue Reading

Pembina reports record second quarter results including a 136 percent increase in Adjusted EBITDA over the second quarter 2017.

All financial figures are in Canadian dollars unless noted otherwise.

CALGARY, Aug. 2, 2018 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the second quarter of 2018.

Operational and Financial Overview

($ millions, except where noted)

3 Months Ended
June 30 
(unaudited)

6 Months Ended
June 30 
(unaudited)

2018

2017

2018

2017

Revenue

1,945

1,159

3,782

2,639

Net revenue(1)

669

444

1,388

993

Share of profit from … Continue Reading