Pembina Pipeline Stock News

The company is selling an asset to shore up its financial profile.

Pembina Pipeline Corp. has signed a deal with U.S.-based private equity firm KKR to combine their western Canadian natural gas processing assets into a new joint venture.

Plans for the Cedar liquefied natural gas (LNG) project in British Columbia, rising oil and natural gas prices, firming producer demand for deliveries,

Pembina Pipeline (PBA) and [[KKR]] say they will combine their western Canadian natural gas processing assets into a single, new joint venture entity, which will be owned 60% by Pembina…

Combined company, dubbed ''Newco'' for now, will have a foothold in northeast British Columbia, a basin with significant gas reserves

Energy Transfer (ET) agrees to sell its 51% stake in Energy Transfer Canada to a joint venture which includes participation by Pembina Pipeline (PBA) and global infrastructure…

Shares of Energy Transfer L.P. rose 0.8% in premarket trading Tuesday, after the provider of natural gas pipeline transportation services said it agreed to sell its 51% stake in Energy Transfer Canada ULC for C$1.6 billion ($1.3 billion) to a joint venture which includes Pembina Pipeline Corp. and funds managed by KKR & Co. Inc. . Energy Transfer said it expects the deal to close by the third quarter of 2022. The company expects the stake sale to result in cash proceeds of C$340 million ($270 million). Energy Transfer''s stock has soared 24.3% over the past three months through Monday, while the S&P 500 has declined 3.1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

All financial figures are approximate and in Canadian dollars unless otherwise noted. CALGARY, AB, March 1, 2022 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) today announced that it has entered into definitive agreements with KKR to…

Alberta announced it will balance its 2022/2023 budget, the first Canadian province to do so. That's great news for Canadian energy stocks.

Pembina Pipeline Corp (PBA) CEO Scott Burrows on Q4 2021 Results - Earnings Call Transcript

Pembina Pipeline press release (PBA): Q4 GAAP EPS of C$0.08 misses by C$0.61.Revenue of C$2.56B (+52.4% Y/Y) beats by C$620M.The company expects to deliver 2022 adjusted EBITDA…

Record results exceed annual guidance reflecting strong marketing contribution due to higher commodity prices All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or…

Pembina Pipelines (TSX: PPL): Earnings Preview, Fair Value, Financial Upside

Pembina Pipeline (NYSE:PBA) is scheduled to announce Q4 earnings results on Thursday, Feb. 24, after market close.Consensus EPS estimate is C$0.69 and consensus revenue estimate is C$1.94B