Pembina Pipeline Corporation (PPL.TO)
Pembina Pipeline Corporation operates in the Oil & Gas Midstream industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $63.20, down 1.62% on the session, giving a market capitalisation of $36.75B. Its beta of 0.70 implies it has historically moved less than the broad market.
Pembina Pipeline Corporation delivers vital transportation and midstream solutions to the energy sector. The company's operations are organized into three principal divisions: Pipelines, Facilities, and Marketing & New Ventures. Its Pipelines division manages conventional, oil sands, and heavy oil pipelines, along with transmission assets across North America, capable of moving 3.1 million barrels of oil equivalent daily, storing 11 million barrels on the ground, and handling about 105 thousand barrels of oil equivalent per day via rail terminals. The Facilities division provides critical infrastructure for processing and storing natural gas, condensate, and various natural gas liquids (NGLs) like ethane, propane, and butane. This includes an NGL fractionation capacity of 354 thousand barrels per day, 21 million barrels of underground cavern storage, and supporting pipeline and rail facilities. Through its Marketing & New Ventures segment, Pembina engages in the purchase and sale of hydrocarbon liquids and natural gas primarily sourced from the Western Canadian sedimentary basin and other producing regions. Established in 1954, Pembina Pipeline Corporation is based in Calgary, Canada.
Pembina Pipeline Corporation is most often compared with the following Energy names: