Pembina Pipeline Q2 revenue miss estimates

Pembina Pipeline

07/08/2025 22:26

Overview

Pembina Q2 revenue misses analyst expectations, adjusted EBITDA meet expectations, per LSEG data

Company updates 2025 adjusted EBITDA guidance to C$4.225 bln-C$4.425 bln

Pembina enhances propane export capacity

Outlook

Pembina updates 2025 adjusted EBITDA guidance to C$4.225 bln-C$4.425 bln

Company expects Q3 results consistent with Q2, stronger Q4 results

Pembina sees higher H2 contribution from PGI and  natural gas liquids marketing

2025 capital investment program revised to C$1.3 bln

Result Drivers

PROPANE EXPORTS - New commercial agreements and project optimizations enhance propane export capacity, reducing shipping costs and improving netbacks

PGI ACQUISITIONS - Acquired remaining interest in Duvernay gas processing trains and entered new agreements to support asset utilization

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
C$1.79 bln
C$2.01 bln (1 Analyst)
Q2 EPS
C$0.65
Q2 Adjusted EBITDA
Meet
C$1.01 bln
C$1.01 bln (13 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Pembina Pipeline Corp is C$60.00, about 15.5% above its August 7 closing price of C$50.73

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw4sLJDHa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)