Pembina Pipeline Q3 revenue misses estimates

Pembina Pipeline

06/11/2025 22:12

Overview

Pembina Q3 revenue missed analyst expectations, adjusted EBITDA met estimates

Company reported Q3 earnings of C$286 mln, down from last year

Pembina updated 2025 adjusted EBITDA guidance to C$4.25 bln-C$4.35 bln

Outlook

Pembina updates 2025 adjusted EBITDA guidance to C$4.25 bln-C$4.35 bln

Company advancing C$1 bln in pipeline expansions to meet demand

Cedar LNG project on schedule for late 2028 service

Result Drivers

PIPELINE DEMAND - Higher demand on Alliance Pipeline and increased tolls on Peace Pipeline boosted pipeline segment's adjusted EBITDA

FACILITIES CONTRIBUTION - Facilities segment's adjusted EBITDA rose due to higher contributions from PGI and increased volumes at Duvernay Complex

NGL MARGINS - Lower NGL margins and higher input costs led to a decrease in Marketing & New Ventures adjusted EBITDA

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
C$1.79 bln
C$1.96 bln (1 Analyst)
Q3 EPS
C$0.43
Q3 Adjusted EBITDA
Meet
C$1.03 bln
C$1.03 bln (13 Analysts)

Press Release: ID:nBwccLw4ba

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)