Pembina Pipeline Corporation Reports Second Quarter 2018 Results

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Pembina Pipeline (PBA) Reports Q2 EPS of $1.11, Revenues Beat

August 2, 2018 5:04 PM EDT

Pembina Pipeline (NYSE: PBA) reported Q2 EPS of $1.11, versus $0.44 reported last year. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.63 billion.

Financial Highlights

Pembina generated record second quarter results in revenue volumes, adjusted cash flow from operating activities, operating margin and Adjusted EBITDA, largely driven by a $10 billion increase in assets year-over-year from the acquisition of Veresen in 2017, and new... More