Pembina Pipeline Corporation delivers vital transportation and midstream infrastructure solutions to the energy industry. Its business is organized into three principal divisions. ...
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$2.88 per share
$2.88 per share
Est. EPS $0.65 · Revenue $2.05B · 3 analysts
Est. EPS $0.86 · Revenue $2.11B · 3 analysts
EPS CAD 0.82 · Revenue CAD 2.15B
EPS CAD 0.80 · Revenue CAD 2.07B
EPS CAD 2.66 · Revenue CAD 7.78B
EPS CAD 0.43 · Revenue CAD 1.79B
EPS CAD 0.65 · Revenue CAD 1.79B
EPS CAD 0.80 · Revenue CAD 2.31B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $7.8B | +5.3% | +3.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.7B | -9.1% | +2.5% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +38.4% | -14.6% | +3.6% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +36.1% | +16.9% | +15.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +21.8% | -13.7% | -1.3% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $2.5B | +11.4% | +379.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +32.4% | +5.8% | +361.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 79.4% | +4.3% | -1.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.61x | +12.7% | -25.8% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $35.6B | -1.1% | -0.0% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.66 vs 2.68 | -0.6% | 0.82 vs 0.65 | +26.1% |
| Revenue Surprise | $7.8B vs $7.8B | -0.8% | $2.2B vs $2.1B | +4.9% |
Operator: Thank you for joining us, and welcome to Pembina Pipeline Corporation Quarter 2 2026 results. I will now hand the conference over to Dan Tucunel, Vice President, Capital Markets. Dan, please go ahead. Dan Tucunel: Thank you, Matthew. Good morning, everyone. Welcome to Pembina's conference call and webcast to review highlights from the second quarter of 2026. On the call today, we have Scott Burrows, President and Chief Executive Officer; and Cameron Goldade, Chief Financial Officer, along with the other members of Pembina's leadership team. I would like to remind you that some of the comments made today may be forward-looking in nature and are based on Pembina's current expectations, estimates, judgments and projections. Forward-looking statements we may express or imply today are subject to risks and uncertainties, which could cause actual results to differ materially from expectations. Further, some of the information provided refers to non-GAAP measures. To learn more about these forward-looking statements and non-GAAP measures, please see the company's management discussion and analysis dated July 30, 2026, for the period ended June 30, 2026, as well as the press release Pembina issued yesterday, all of which are available online at pembina.com and on both SEDAR+ and EDGAR. I will now turn things over to Scott. J. Burrows: Thanks, Dan. Yesterday, we reported second quarter results, which were highlighted by adjusted EBITDA of $1.064 billion. It was another solid quarter that reflects a constructive industry environment, coupled with strong underlying operational performance and new assets entering service. As Cam will discuss in more detail, we have affirmed our 2026 adjusted EBITDA guidance range of $4.35 billion to $4.55 billion, while noting we are trending to the midpoint of the range. Since our business update in April, we've continued to build momentum across all three pillars of our 3C strategy and have further strengthened our visibility to long-term growth. As a reminder, our strategy is built around three complementary pillars. First, we aim to capture growing volumes across the Western Canadian Sedimentary Basin by leveraging our integrated midstream footprint and deep customer relationships. Second, we strive to connect those volumes to the highest value markets through our and others' transportation and export infrastructure. And third, we want to catalyze new sources of hydrocarbon demand that create growth in the WCSB and incremental opportunities across our value chain. Together, we expect these pillars will provide multiple avenues for growth and allow us to create value across changing market environments. Over the past quarter, within capture, we placed RFS IV fractionator into service in late May on time and under budget, adding 55,000 barrels per day of propane plus fractionation capacity at the Redwater Complex, further strengthening our industry-leading NGL franchise. Within Connect, Cedar LNG continues to …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
J. Scott Burrows | President, Chief Executive Officer & Director | CAD 2,829,831 | Male | 1980 | Active |
Jaret A. Sprott PEng | Chief Operating Officer | CAD 1,256,927 | Male | — | Active |
Cameron J. Goldade | Chief Financial Officer | CAD 1,007,075 | Male | — | Active |
Christopher S. Scherman | Chief Marketing & Strategy Officer | — | Male | — | Active |
Sarah Jane Schwann | Chief Legal, People & Corporate Affairs Officer | — | Female | — | Active |
Christopher Wayne Rousch | Senior Vice President of Commercial & Customer Service | — | Male | — | Active |
Scott W. Arnold | Manager of Investor Relations | — | Male | — | Active |
Dan Tucunel | Vice President of Capital Markets | — | — | — | Active |
Allan Charlesworth | Vice President of Technical Services | — | Male | — | Active |
Carl Ian Balfour | Senior Vice President of Project Delivery & Technical Excellence | — | — | — | Active |
Baxter Bros Inc. bought a new position in shares of Pembina Pipeline Corp. (NYSE: PBA) (TSE: PPL) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,200 shares of the pipeline company's stock, valued at approximately $610,000. Other institutional investors have also recently
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Pembina Pipeline NYSE: PBA reported second-quarter adjusted EBITDA of C$1.064 billion, up C$51 million, or 5%, from the same period a year earlier, as solid pipeline and facilities operations and stronger marketing results offset the impact of a revised Alliance Pipeline toll structure and revenue-sharing mechanism.
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the second quarter of 2026. Highlights Quarterly Results - reported second quarter earnings of $512 million, adjusted earnings of $415 million, adjusted EBITDA of $1,064 million, and adjusted cash flow from operating activities of $778 million ($1.34 per share). Strategy Execution Highlights Growth Visibility - during the seco.
