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Pembina Pipeline Corp (PPL.TO)

PPL.TO on Toronto Stock Exchange

43.61CAD
23 Jan 2018
Change (% chg)

$-0.08 (-0.18%)
Prev Close
$43.69
Open
$43.68
Day's High
$43.77
Day's Low
$43.54
Volume
422,579
Avg. Vol
1,264,918
52-wk High
$46.17
52-wk Low
$39.04

Latest Key Developments (Source: Significant Developments)

Pembina Pipeline Corp approves new capital projects and announces 2018 capital program
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Pembina Pipeline Corp ::PEMBINA PIPELINE CORPORATION APPROVES NEW CAPITAL PROJECTS AND ANNOUNCES 2018 CAPITAL PROGRAM.PEMBINA PIPELINE - ‍ BOARD APPROVED APPROXIMATELY $400 MILLION OF NEW CAPITAL PROJECTS, AS WELL AS A CAPITAL PROGRAM OF APPROXIMATELY $1.3 BILLION FOR 2018​.PEMBINA PIPELINE - EXPECTS TO FUND ABOUT $1.3 BILLION 2018 CAPITAL PROGRAM THROUGH INTERNALLY GENERATED CASH FLOW, DEBT FINANCING.PEMBINA PIPELINE CORP - ‍BOARD OF DIRECTORS HAS APPROVED DEVELOPMENT OF COMPANY'S PREVIOUSLY PROPOSED LIQUEFIED PETROLEUM GAS EXPORT TERMINAL​.PEMBINA PIPELINE - PRINCE RUPERT TERMINAL IS EXPECTED TO HAVE PERMITTED CAPACITY OF ABOUT 25,000 BARRELS/ DAY OF LPG.PEMBINA PIPELINE CORP - PRINCE RUPERT TERMINAL IS EXPECTED TO BE IN SERVICE MID-2020.PEMBINA PIPELINE CORP - PEMBINA PLANS TO SPEND APPROXIMATELY $540 MILLION IN ITS CONVENTIONAL PIPELINES BUSINESS NEXT YEAR.PEMBINA PIPELINE CORP - EXPECTED CAPITAL COST HAS BEEN ADJUSTED TO $250 MILLION TO $270 MILLION FOR PRINCE RUPERT TERMINAL​.PEMBINA PIPELINE CORP - ‍ BOARD SANCTIONED DEVELOPMENT OF NORTH CENTRAL LIQUIDS HUB WHICH SUPPORTS OPERATIONS FOR CUTBANK RIDGE PARTNERSHIP​.PEMBINA PIPELINE-ESTIMATED CAPITAL COST FOR NORTH CENTRAL LIQUIDS HUB IS $320 MILLION ($150 MILLION NET TO CO), EXPECTED TO BE PLACED INTO SERVICE LATE 2018​.PEMBINA PIPELINE CORP - COMPANY PLANS TO SPEND APPROXIMATELY $135 MILLION TOWARDS PROGRESSING ITS PROPOSED JORDAN COVE LNG PROJECT.  Full Article

Pembina Pipeline Corporation Launches $300 Mln Bought Deal Preferred Share Offering
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Pembina Pipeline Corp ::PEMBINA PIPELINE CORPORATION LAUNCHES $300 MILLION BOUGHT DEAL PREFERRED SHARE OFFERING.PEMBINA PIPELINE CORP - ‍COMPANY INTENDS TO USE NET PROCEEDS FROM OFFERING TO REDUCE INDEBTEDNESS OF COMPANY UNDER ITS CREDIT FACILITIES​.PEMBINA PIPELINE - UNDERWRITERS TO PURCHASE 12 MILLION CO'S SERIES 21 PREFERRED SHARES AT $25.00 PER SHARE.  Full Article

Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Pembina Pipeline Corp :Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development.Pembina Pipeline - co to construct, operate first tranche of infrastructure development under service agreement with Chevron Canada​.  Full Article

Pembina Pipeline Corp reports qtrly earnings per share of $‍0.22​
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Pembina Pipeline Corp ::Pembina Pipeline Corp reports strong third quarter 2017 results.Qtrly revenue $‍1,041​ million versus $970 million.Qtrly total volume ‍2,134​ mboe/d versus 1,903 mboe/d last year.Qtrly earnings per share $‍0.22​.  Full Article

Pembina & Veresen announce Veresen shareholder approval of business combination
Wednesday, 12 Jul 2017 

July 11 (Reuters) - Pembina Pipeline Corp :Pembina & Veresen announce Veresen shareholder approval of business combination.Pembina Pipeline Corp - Greater than 99 percent of Veresen common shares voted at meeting were voted in favor of arrangement.  Full Article

Pembina Pipeline reports qtrly earnings per share $0.25
Friday, 5 Aug 2016 

Pembina Pipeline Corp : Pembina Pipeline Corporation reports second quarter 2016 results . Qtrly revenue $1,027 million versus $1,213 million . "on track to deliver significant cash flow per share growth through 2018" . Qtrly total volume 1,793 mboe/d versus 1,695 mboe/d . Qtrly earnings per share $0.25 .Q2 earnings per share view c$0.29, revenue view c$1.48 billion -- Thomson Reuters I/B/E/S.  Full Article

Pembina Pipeline sets July cash dividend of C$0.16 per share
Friday, 8 Jul 2016 

Pembina Pipeline Corp :Sets july cash dividend of c$0.16 per share.  Full Article

Pembina Pipeline Corp increases size of preferred share offering
Monday, 18 Apr 2016 

Pembina Pipeline Corp:Says announced offering of cumulative redeemable minimum rate reset class A preferred shares, Series 13 , size of the offering has been increased to 10 mln Series 13 Preferred Shares, for aggregate gross proceeds of $250 mln.Offering no longer includes the previously granted underwriters' option.Says intends to use net proceeds from the offering of Series 13 Preferred Shares for capital expenditures and working capital requirements in connection with the Company's 2016 capital program and to reduce indebtedness under the Company's credit facilities.  Full Article

Pembina Pipeline Corp announces $300 million bought deal financing
Friday, 18 Mar 2016 

Pembina Pipeline Corp:Underwriters have agreed to purchase from Pembina on a "bought deal" basis and sell to the public 8,825,000 common shares at a price of $34.00 per share, for gross proceeds of approximately $300 million.Intends to use the net proceeds from the offering, together with funds available under the Company's existing credit facilities to finance the purchase price for its proposed acquisition of certain natural gas processing assets from Paramount Resources.  Full Article

Pembina Pipeline Corp Announces acquisition of strategic midstream assets for $556 million and a dividend increase
Friday, 18 Mar 2016 

Pembina Pipeline Corp:Entered into agreements to acquire certain sour natural gas processing assets from Paramount Resources for cash consideration of approximately $556 million.Pembina has agreed to fund a debottlenecking initiative supporting the Kakwa Assets, for approximately $35 million.Says increases dividend from $0.1525 per common share to $0.16 per common share denotes a 4.9 percent increase.Expected to start with dividend payable on May 13 to shareholders of record date as on April 25.  Full Article

BRIEF-Pembina Pipeline Corp approves new capital projects and announces 2018 capital program

* PEMBINA PIPELINE CORPORATION APPROVES NEW CAPITAL PROJECTS AND ANNOUNCES 2018 CAPITAL PROGRAM