Pembina Pipeline

PBA

Market cap $25.6B

Pembina Pipeline Corporation (PPL:CA) Q4 2025 Earnings Call Transcript

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has filed its audited consolidated financial statements for the year ended December 31, 2025, related management's discussion, and analysis, and its annual information form for the year ended December 31, 2025 with Canadian securities regulatory authorities. Pembina has also filed its Form 40-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. C.

Pembina Pipeline (PBA) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.66 per share a year ago.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the fourth quarter and full year of 2025. Highlights Strong Financial Results - reported 2025 full year earnings of $1,694 million, adjusted EBITDA of $4,289 million, and adjusted cash flow from operating activities of $2,854 million ($4.91 per share). Reported fourth quarter earnings of $489 million, adjusted EBITDA of $1,075.

Energy stocks like PBA, CTRA and LNG face a mixed Q4 as oil prices tumble and natural gas rallies, setting the stage for sharp earnings contrasts.

Besides Wall Street's top-and-bottom-line estimates for Pembina Pipeline (PBA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.

Pembina Pipeline Corporation offers a resilient, diversified midstream model with 65%-75% take-or-pay contracts, ensuring predictable cash flows. PBA's growth outlook is driven by new assets, higher utilization, and the Cedar LNG project, though execution risk remains from customer project delays. I set a $46.32 price target, representing 7% upside, justified by stable fee-based EBITDA, dividend growth, and strong financial positioning.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 15, 17, 21 and 25. Series 1, 3, 5, 7, and 21 preferred share dividends are payable on March 2, 2026, to shareholders of record on February 2, 2026. Series 15 and 17 preferred share dividends are payable on March 31, 2026, to shareholders of record on M.

PBA's strong commercial pipeline and hedging protect against volatility, but Cedar LNG delays, project uncertainties and market underperformance pose risks to growth.

PBA maps out its 2026 growth plan with higher fee-based EBITDA, major pipeline expansions and long-term LNG contracts driving stable cash flows.