Pembina Pipeline

Pembina, together with Morgan Stanley Infrastructure Partners and Kineticor, has taken the final investment decision for the Greenlight Electricity Centre, a "Behind-the-Meter" gas-to-power project that will supply the new Meta data centre in Alberta. The consortium forms the Greenlight Electricity Centre Limited Partnership and views gas power generation as a new demand outlet for Western Canadian hydrocarbons. Pembina emphasizes that the project represents a growth platform for dedicated, contract-backed power infrastructure. The company most recently reported revenue growth of 7.5% and a dividend yield of 3.13%. » Mere på de.investing.com

Pembina has signed a non-binding term sheet to participate in a new crude oil pipeline system with about 1 million barrels per day capacity and an export terminal, together with the Canadian government, the province of Alberta and Trans Mountain. The planned project company is to be majority-owned by the government, Alberta and Pembina, with an ownership stake reserved for Indigenous partners; Trans Mountain will take on construction, permitting and operation. Pembina will hold a 10% economic interest during the construction phase with an option for a further 10% after commercial start-up, is currently conducting due diligence and plans to sign final agreements by September 2026; participation is subject to conditions and a final investment decision. Protections against cost overruns and return requirements are envisaged, and Pembina will not deploy at-risk development capital before a final decision. » Mere på de.investing.com

Pembina Pipeline beat analyst expectations in the first quarter of 2026 with earnings per share of USD 0.5821 versus the USD 0.52 forecast and revenue of USD 1.52 billion. Adjusted EBITDA was CAD 1.131 billion (down 3% year‑on‑year), but the annual target was raised by CAD 175 million to CAD 4.35–4.55 billion. The dividend will increase by CAD 0.025 per share starting in June, and the stock rose in after‑hours trading. » Mere på de.investing.com

Pembina Pipeline has received approval from the Toronto Stock Exchange to renew a buyback program under which up to 5% of issued common shares (up to 29,071,759 of 581,435,185) may be purchased and subsequently cancelled between May 19, 2026 and May 18, 2027. Purchases may be made via the TSX, the NYSE and alternative trading systems; daily purchases on the TSX are capped at 693,233 shares, and an automatic purchase plan allows transactions during blackout periods. The company says the measure is justified because market prices do not always reflect intrinsic value; under the prior program no shares were repurchased and dividends were prioritized (22 years of distributions, yield 3.19%). Specific volumes, timing and prices will depend on liquidity, cash flow after dividends and alternative uses of capital. » Mere på de.investing.com

Pembina Pipeline reported Q4 2025 EPS of CAD 0.78 versus expected CAD 0.54 and revenue of CAD 1.91 billion versus forecasts of CAD 1.6 billion. Adjusted EBITDA was CAD 1.075 billion, and operating cash flow was CAD 731 million. The company confirmed major growth projects such as propane and gas processing expansions and expects adjusted EBITDA of CAD 4.125–4.425 billion for 2026, with significant investments in Cedar LNG and a return to stronger free cash flow generation from 2027. » Mere på de.investing.com