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Pembina Pipeline (TSE:PPL)
TSX:PPL
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.76Last Year’s EPS
0.74Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 5.48%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Pembina's strong financial performance and strategic growth initiatives, including record adjusted EBITDA and cash flows, successful acquisitions, and new project announcements. However, this was slightly tempered by a decrease in fourth-quarter earnings and challenges with Cochin pipeline revenues. Overall, the positive highlights significantly outweigh the lowlights, indicating a strong position moving forward.Company Guidance
During the Pembina Pipeline Corporation's fourth quarter 2024 results conference call, the company reported several key financial metrics and operational achievements. Quarterly earnings were $572 million, with record adjusted EBITDA of $1.254 billion and adjusted cash flow from operating activities reaching $922 million, or $1.59 per share. For the full year 2024, Pembina reported earnings of $1.874 billion, record annual adjusted EBITDA of $4.408 billion, and record adjusted cash flow from operating activities of $3.265 billion, or $5.70 per share. These results were attributed to successful acquisitions, growing volumes in the Western Canadian Sedimentary Basin, and a robust performance from the marketing business. Pembina also highlighted strategic initiatives such as the Phase VIII Peace Pipeline expansion and securing a 50,000 barrel per day ethane supply agreement with Dow. The company is progressing with various projects expected to enter service in 2026, including the RFS IV expansion, Wapiti plant expansion, and K3 cogeneration facility, and is planning further developments like the Greenlight Electricity Centre and a new straddle facility on the Yellowhead mainline. The call concluded with a positive outlook for 2025, underscoring Pembina's strong position in the energy sector and its continued growth prospects.Record Financial Performance
Pembina reported record quarterly adjusted EBITDA of $1.254 billion and record quarterly adjusted cash flow from operating activities of $922 million. For the full year, Pembina achieved record annual adjusted EBITDA of $4.408 billion and record full-year adjusted cash flow from operating activities of $3,265 million.
Successful Strategic Acquisitions
Pembina fully consolidated ownership of Alliance and Aux Sable, which contributed to growing volumes and financial performance.
Positive Final Investment Decision on Cedar LNG
Pembina reached a positive final investment decision on the Cedar LNG project, furthering global market access for Canadian natural gas producers.
New Growth Initiatives
Pembina announced a 50% interest in the Greenlight Electricity Centre and secured sole extraction rights from the Yellowhead mainline, both of which are expected to drive future growth and integration.
Strong Contractual Success
Executed incremental contracts or renewed contracts for approximately 170,000 BOE per day of pipeline transportation and additional services across various facilities.
Dividend Increase
Pembina increased the common share dividend by 3.4% while maintaining a strong balance sheet with a debt-to-adjusted EBITDA ratio of 3.5 times.
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TSE:PPL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:PPL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | C$52.51 | C$56.24 | +7.10% |
| Nov 05, 2024 | C$57.75 | C$55.85 | -3.28% |
| Aug 08, 2024 | C$51.68 | C$51.78 | +0.21% |
| May 09, 2024 | C$48.22 | C$48.44 | +0.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pembina Pipeline (TSE:PPL) report earnings?
Pembina Pipeline (TSE:PPL) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Pembina Pipeline (TSE:PPL) earnings time?
Pembina Pipeline (TSE:PPL) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PPL EPS forecast?
TSE:PPL EPS forecast for the fiscal quarter 2025 (Q1) is 0.76.
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