Pembina owns and operates an integrated system of pipelines that transport various products derived from natural gas and hydrocarbon liquids produced primarily in western Canada. The company also owns and operates gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business.
Income Investor
Sorry, you do not have access to this content.Pembina had a strong third quarter. Revenue was almost $2.8 billion, up from $2.1 billion in the same period of 2021. Earnings were $1.8 billion ($3.23 per diluted share), compared to $588 million ($1.01 per share) a year ago. However, its important to note that this year’s results included a $1.1 billion gain on the sale of assets related to the formation of Pembina Gas Infrastructure. - Gordon Pape
Current Advice
Buy
Consult your broker/advisor
Capital Gain/Loss
210.5%