Pembina Pipeline (PBA) Declares $0.145 Monthly Dividend; 5.6% Yield

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Go back to Pembina Pipeline (PBA) Declares $0.145 Monthly Dividend; 5.6% Yield

Pembina Pipeline (PBA) Plans $85M Vantage Pipeline System Expansion

February 10, 2015 3:29 PM EST

Pembina Pipeline (NYSE: PBA) has entered into agreements to expand the Vantage pipeline system ("Vantage") (the "Vantage Expansion") for an estimated capital cost of $85 million.

The Vantage Expansion entails increasing Vantage's mainline capacity from 40,000 barrels per day ("bpd") to approximately 68,000 bpd through the addition of mainline pump stations and the construction of a new 80 kilometre ("km"), 8-inch gathering lateral.

The... More