Welcome to our dedicated page for Pembina Pipeline news (Ticker: PBA), a resource for investors and traders seeking the latest updates and insights on Pembina Pipeline stock.
Pembina Pipeline Corporation (PBA) delivers essential midstream energy services through its North American network of pipelines, processing facilities, and logistics infrastructure. This news hub provides investors and industry professionals with centralized access to official announcements, operational updates, and strategic developments.
Track Pembina's latest earnings reports, infrastructure expansions, and partnership initiatives through verified press releases and curated analysis. Our repository includes updates on pipeline operations, gas processing projects, and market-driven adaptations within the hydrocarbon value chain.
Discover timely information on Pembina's contracted transportation services, storage solutions, and energy transition initiatives. Key coverage areas include asset acquisitions, environmental stewardship programs, and regulatory filings that impact long-term operational strategy.
Bookmark this page for streamlined monitoring of Pembina's role in connecting energy producers with global markets. Return regularly to stay informed about critical developments affecting North America's midstream energy landscape.
Pembina Pipeline Corporation (PBA) declared a cash dividend of $0.21 per common share for February 2021, with payment scheduled for March 15, 2021, to shareholders on record by February 25, 2021. The dividend is classified as an 'eligible dividend' for Canadian tax purposes. U.S. shareholders can expect approximately $0.1638 per share before taxes. Pembina follows a monthly dividend payment policy, with records set on the 25th of each month (excluding December). The firm is a key player in the North American energy sector, offering integrated midstream services.
Pembina Pipeline Corporation has successfully closed its offering of $600 million in 4.80% Fixed-to-Fixed Rate Subordinated Notes, due January 25, 2081. The proceeds will be used to redeem 6.8 million Cumulative Redeemable Minimum Rate Reset Class A Preferred Shares (Series 11) at a total price of $170 million on March 1, 2021. The final dividend of $0.359375 per Series 11 Share will also be paid on the same date. This offers investors a significant strategic move in managing its debt and optimizing capital.
Pembina Pipeline Corporation (PBA) announced the launch of an open season for binding commitments to transport light condensate on the Cochin Pipeline. The open season commenced on January 19, 2021, at 8:00 a.m. MST and will conclude on February 18, 2021, at 5:00 p.m. MST. Pembina has been a key player in North America's energy industry for over 65 years, owning an integrated system of pipelines and midstream services. The company aims to enhance its infrastructure development to connect hydrocarbon production to global markets.
Pembina Pipeline Corporation (PBA) announced a $600 million offering of 4.80% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due January 25, 2081. The offering is expected to close on or about this date, pending customary conditions. Proceeds will primarily be used to redeem outstanding Series 11 and Series 13 Preferred Shares, repay debt, and for general corporate purposes. The offering is managed by a syndicate including RBC Capital Markets and Scotiabank. Note that these notes are not registered under U.S. securities laws.
Pembina Pipeline Corporation (PBA) announced on January 11, 2021, that it is considering an offering of hybrid subordinated debt securities. The potential proceeds will be used to redeem outstanding preferred shares, repay other debts, and for general corporate purposes. However, the completion of the offering is uncertain, alongside terms and timing. The hybrid securities won't be registered in the U.S. and thus cannot be sold within the country. Pembina remains focused on connecting hydrocarbon production to emerging markets while navigating various operational risks.
Pembina Pipeline Corporation (PBA) has declared a common share cash dividend of $0.21 per share for January 2021, payable on February 12, 2021, to shareholders of record on January 25, 2021. Additionally, dividends for various preferred shares are announced, with payment dates ranging from March 1 to February 16. The January dividend for U.S. shareholders is approximately $0.1653 before taxes. Pembina will also release its fourth-quarter results on February 25, 2021, with a conference call scheduled for the following day.
Pembina Pipeline Corporation has announced its 2021 financial guidance, forecasting adjusted EBITDA between $3.2 billion and $3.4 billion, supported by a capital investment program of $785 million. The reactivation of Phase VII Peace Pipeline Expansion and Empress Co-generation Facility projects is confirmed. However, the ongoing COVID-19 pandemic has led to the indefinite suspension of its joint venture petrochemical facility due to significant risks. The company's anticipated cash flow from operations is expected to allow for discretionary cash generation for debt reduction or share repurchases.
Pembina Pipeline Corporation (TSX: PPL, NYSE: PBA) announced a cash dividend of $0.21 per share for December 2020, payable on January 15, 2021, to shareholders of record as of December 31, 2020. This dividend is recognized as an 'eligible dividend' for Canadian tax purposes and approximately $0.1641 per share for U.S. shareholders, subject to withholding tax. Pembina plans to continue its monthly dividend payments, confirming its commitment to returning value to shareholders.
Pembina Pipeline Corporation (NYSE: PBA) announced that none of its Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 9, will convert into Series 10 Shares on December 1, 2020. The company received less than the required 1,000,000 conversion requests by the November 16 deadline, thus no conversions will occur. Pembina, based in Calgary, is a key player in the transportation and midstream services for North America's energy industry, focusing on various hydrocarbon liquids and natural gas products. Its commitment includes enhancing infrastructure connecting production to demand markets.
