Pembina owns and operates an integrated system of pipelines that transport various products derived from natural gas and hydrocarbon liquids. The company also owns and operates gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business.
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Income Investor
The company reported solid third-quarter results with gains in both revenue and profit. Revenue for the quarter was $1.8 billion compared with $1.5 billion in the same period last year. Net income was $385 million ($0.60 per diluted share), up from $346 million ($0.57 per share) the year before. For the first nine months of the fiscal year, revenue was $5.2 billion ($4.5 billion last year). Earnings were $1.3 billion ($2.08 per share) compared with $1.1 billion ($1.78 per share) in 2023. - Gordon Pape
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PPL was first recommended here on June 24, 2009