Pembina reported FY 2025 earnings of CAD 1.694 billion and adjusted EBITDA of CAD 4.289 billion (down 3.0%), with adjusted cash flow from operating activities of CAD 2.854 billion (CAD 4.91 per share). In Q4 2025, Pembina posted earnings of CAD 489 million, adjusted EBITDA of CAD 1.075 billion (down 14.0%), and adjusted cash flow from operating activities of CAD 731 million (CAD 1.26 per share). Q4 revenue was CAD 1.913 billion and FY revenue was CAD 7.778 billion. Pembina declared a Q1 2026 common share dividend of CAD 0.71 per share. For operations, Pembina said it achieved record FY Pipelines and Facilities volumes of 3.7 million barrels of oil equivalent per day (up 3%). The company sanctioned two conventional pipeline expansion projects totaling CAD 425 million, including the Birch-to-Taylor Expansion (CAD 310 million; adds about 120,000 bpd; expected in service in Q4 2027) and the initial scope of the Taylor-to-Gordondale Expansion (CAD 115 million; expected in service in Q1 2027, subject to regulatory approval). Pembina also highlighted long-term Cedar LNG capacity agreements with subsidiaries of PETRONAS (1.0 mtpa) and Ovintiv (0.5 mtpa), completing remarketing of Pembina’s 1.5 mtpa, and reported new long-term take-or-pay agreements with Tourmaline covering 270 mmcf/d of gas processing plus transportation and fractionation services. Pembina provided 2026 adjusted EBITDA guidance of CAD 4.125 billion to CAD 4.425 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pembina Pipeline Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260226859493) on February 26, 2026, and is solely responsible for the information contained therein.
Comments