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PEMBINA PIPELINE CORPORATION - PBA STOCK NEWS

Welcome to our dedicated page for PEMBINA PIPELINE CORPORATION news (Ticker: PBA), a resource for investors and traders seeking the latest updates and insights on PEMBINA PIPELINE CORPORATION stock.

Pembina Pipeline Corporation (symbol: PBA) is a leading transportation and midstream service provider that has been a stalwart player in North America's energy sector for over 60 years. Based in Calgary, Alberta, Pembina owns and operates pipelines that transport a variety of hydrocarbon liquids, including conventional and synthetic crude oil, heavy oil, oil sands products, condensate (diluent), and natural gas liquids produced in Western Canada.

Pembina's extensive asset base does not just comprise pipelines; it also includes gas gathering and processing facilities, and an oil and natural gas liquids infrastructure and logistics business. With strategically located facilities in Western Canada and significant markets in Eastern Canada and the U.S., Pembina offers an integrated suite of midstream and marketing services across the hydrocarbon value chain.

Recent Achievements: Pembina recently expanded its asset portfolio by acquiring a 50% interest in the Alliance Pipeline and a 42.7% interest in Aux Sable from Enbridge Inc. for $3.1 billion. This acquisition is a milestone that strengthens Pembina's position in the market and aligns with its strategic growth plans.

In addition to its physical assets, Pembina boasts a team of experienced professionals dedicated to creating investor value through operational excellence and strategic partnerships. Pembina's integrated assets and commercial operations enable the company to offer essential services to the energy sector, making it a crucial player in North America's energy infrastructure.

Pembina's financial condition remains robust, supported by diverse revenue streams and efficient operations. The company is well-positioned to meet the evolving needs of the energy market, driven by a commitment to reliability and sustainability.

For more detailed and the latest updates, you can always check the latest news and press releases directly on Pembina’s official website or through financial news platforms.

Rhea-AI Summary
Pembina Pipeline Corporation announced that it will not redeem its outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 1 on December 1, 2023. Holders of the Series 1 Shares will have the option to convert them into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 2. The annual dividend rate for the Series 1 Shares for the five-year period from December 1, 2023, to December 1, 2028, will be 6.525 percent. The annual dividend rate for the Series 2 Shares for the three-month period from December 1, 2023, to March 1, 2024, will be 7.631 percent.
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Pembina Pipeline Corporation declares quarterly dividends for preferred shares. Dividends payable on specified dates.
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FAQ

What is the current stock price of PEMBINA PIPELINE CORPORATION (PBA)?

The current stock price of PEMBINA PIPELINE CORPORATION (PBA) is $41.81 as of November 18, 2024.

What is the market cap of PEMBINA PIPELINE CORPORATION (PBA)?

The market cap of PEMBINA PIPELINE CORPORATION (PBA) is approximately 24.4B.

What does Pembina Pipeline Corporation do?

Pembina Pipeline Corporation is a transportation and midstream service provider that owns and operates pipelines and facilities for hydrocarbon liquids and natural gas produced in North America.

Where is Pembina Pipeline Corporation headquartered?

Pembina Pipeline Corporation is headquartered in Calgary, Alberta, Canada.

What recent acquisition did Pembina Pipeline Corporation complete?

Pembina recently acquired a 50% interest in the Alliance Pipeline and a 42.7% interest in Aux Sable from Enbridge Inc. for $3.1 billion.

What types of hydrocarbons does Pembina transport?

Pembina transports conventional and synthetic crude oil, heavy oil, oil sands products, condensate (diluent), and natural gas liquids (NGLs).

What services does Pembina offer aside from pipeline transportation?

Pembina offers gas gathering and processing facilities, as well as an oil and NGL infrastructure and logistics business.

How long has Pembina Pipeline Corporation been in operation?

Pembina Pipeline Corporation has been serving North America's energy industry for over 60 years.

What markets does Pembina Pipeline Corporation serve?

Pembina serves markets in Western Canada, Eastern Canada, and the U.S., particularly in the Bakken region.

Does Pembina Pipeline Corporation offer midstream and marketing services?

Yes, Pembina provides a full spectrum of midstream and marketing services across its operations.

What is the stock symbol for Pembina Pipeline Corporation?

The stock symbol for Pembina Pipeline Corporation is PBA.

How does Pembina Pipeline Corporation create investor value?

Pembina creates investor value through operational excellence, strategic growth, and integrated services along the hydrocarbon value chain.

PEMBINA PIPELINE CORPORATION

NYSE:PBA

PBA Rankings

PBA Stock Data

24.36B
580.53M
0.05%
64.64%
0.78%
Oil & Gas Midstream
Energy
Link
United States of America
Calgary