Pembina Pipeline Details 2026 Guidance, Business Updates

MT Newswires Live12-16

Pembina Pipeline (PBA) said late Monday it expects 2026 adjusted EBITDA of between 4.125 billion Canadian dollars ($3 billion) and CA$4.425 billion.

The outlook reflects the net impact of a roughly 4% increase in fee-based adjusted EBITDA and a "moderated" view for the marketing business, relative to the forecast for this year, the company said.

Pembina said its capital investment program is expected to amount to about CA$1.6 billion.

The company also said it signed a 12-year deal with Ovintiv for 0.5 million tonnes per annum to complete the remarketing of its 1.5 mtpa of capacity at the Cedar liquefied natural gas facility in British Columbia.

Pembina also approved a CA$200 million expansion of the Peace Pipeline System to boost propane delivery capacity into the Namao, Alberta, hub, it said.

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