Company Analysis

Pembina Pipeline Corporation (PBA)

NYSE: PBA · Oil & Gas Field Exploration Services · Calgary, AB · filing with the SEC since 2012
Grade5.6
◀ Past 7.0● Present 5.0▶ Future 4.9
1 est.
The companyfiscal 2025, as filed
RevenueC$7.78B+5.3%
Net incomeC$1.69B-9.6%
Earnings per shareC$2.66-11.3%
Operating cash flowC$3.30B+2.7%
CashC$106M-24.8%
DebtC$11.67B-3.3%
Shareholders’ equityC$16.77B-4.2%
Shares, diluted582.0M+1.4%
Return on equity10.1%
The recordfrom its filings
Filings in 202625
Newest filingNov 5 · 6-K
Annual reportFeb 27, 2026
Quarterly reportn/a
Next report due40-F by Apr 30
Insider sales, 12 months$0.00
Insider buys, 12 months$0.00
Patents grantedn/a
Filer categoryn/a
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
1819202122232425
As filed, in CAD. Nothing here is a forecast.

The company now

Pembina Pipeline reported second-quarter 2026 adjusted EBITDA of $1,064 million on 30 July, up from $1,013 million a year earlier 1. Earnings were $512 million, up 23 percent 1. Adjusted EBITDA is the company's own measure of earnings before interest, taxes, depreciation and amortization, with adjustments 1.

Pembina said the gain mainly reflects wider margins on natural gas liquids, the propane and butane stripped from raw gas, and steady volumes on its pipelines and plants 1. A lower toll on its Alliance Pipeline offset part of it 1.

The company reiterated its 2026 adjusted EBITDA guidance of $4.35 billion to $4.55 billion 1. It said the third quarter should come in below the second, with a higher fourth quarter 1.

On 1 October Canada listed the West Coast Oil Pipeline, now called Pacific Link, as a project of national interest 6. Pembina's planned economic interest during construction is 10 percent, and it keeps full discretion over any final investment decision 6.

Pembina will release third-quarter 2026 results on 5 November after market close, with a webcast on 6 November 7.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

An outside story is shown by its headline, its source and its link only. The SI reads the page when you ask it to break one down.
SI Assistanton PBA · research, not advice