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Stock Market & Financial Investment News

News Breaks
February 13, 2013
17:31 EDTPBAPembina Pipeline to proceed with Peace Pipeline expansion
Pembina Pipeline has reached its contractual threshold to proceed with its previously announced plans to significantly expand its crude oil and condensate throughput capacity on its Peace Pipeline by 55,000 barrels per day. The crude oil and condensate portion of the Peace Pipeline is currently operating at capacity. Pembina is working to complete its previously announced Phase 1 LVP Expansion, which will expand crude oil and condensate capacity on this system by an additional 40,000 bpd to reach 195,000 bpd by October. Pembina expects the total cost of Phase 2 LVP Expansion to be approximately $250m. Pembina anticipates being able to bring the expansion into service by late-2014.
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August 8, 2014
18:25 EDTPBAPembina Pipeline reports Q2 EPS 21c, consensus 29c
Reports Q2 revenue C$1.61B vs C$1.18B in 2Q13.

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