How did Pembina Pipeline's revenue and expenses trends shift in Q4 2024 compared to previous quarters?

**Pembina Pipeline's revenue and expenses showed distinct trends in Q4 2024 compared to previous quarters.** Here's a detailed analysis: 1. **Revenue Trends**: - **Q4 2024**: Pembina Pipeline reported revenue of $1.84 billion for Q4 2024. This represents a decrease from the previous quarter's revenue of $1.99 billion in Q3 2024. - **Comparison with FY 2023**: Full-year revenue for 2023 was $9.13 billion, which is significantly higher than the $7.93 billion projected for 2024. This indicates a potential decline in revenue from one year to the next. - **Historical Context**: The revenue trend in Q4 2024 is a notable decrease from the peak seen in Q2 2024, where revenue was $1.81 billion. This suggests a seasonal or fluctuating revenue pattern with a low point in Q4. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |PBA|PBA.N|Pembina Pipeline|2023 Q4|-30.27443304316134|1.39069837764E9|169| |PBA|PBA.N|Pembina Pipeline|2024 Q1|-4.926207763670078|1.1373707576E9|169| |PBA|PBA.N|Pembina Pipeline|2024 Q2|26.14113754383731|1.35559777185E9|169| |PBA|PBA.N|Pembina Pipeline|2024 Q3|26.960519503776887|1.36481386348E9|169| 2. **Expense Trends**: - **Q4 2024**: There are no available data on Pembina Pipeline's expenses for Q4 2024. - **Comparison with FY 2023**: Full-year expenses for 2023 were $3.824 billion, which is higher than the projected expenses for 2024. This suggests a potential decrease in expenses from one year to the next. - **Historical Context**: The trend in Q4 2024 is uncertain without specific data, but the company's efforts to streamline costs and focus on strategic acquisitions could imply a shift towards more efficient operations. |code|Ticker|Name|Date|R&D Expenses|market_code| |---|---|---|---|---|---| |PBA|PBA.N|Pembina Pipeline|2021 Q4|0|169| |PBA|PBA.N|Pembina Pipeline|2022 Q4|0|169| 3. **Insights and Analysis**: - The fluctuation in revenue and potential decrease in expenses from 2023 to 2024 could be due to various factors including market conditions, operational efficiency improvements, or strategic shifts. - The absence of Q4 2024 expense data makes it challenging to provide a comprehensive analysis of how expenses trended in that quarter. However, the company's focus on cost management and strategic initiatives suggests a proactive approach to managing expenses. - For a complete picture, it would be beneficial to analyze the company's quarterly reports, earnings calls, and industry trends to understand the specific factors influencing revenue and expenses in Q4 2024. In summary, while there are indications of a potential decline in revenue and a possible shift towards more efficient operations, a detailed analysis beyond the available data would be necessary to fully understand Pembina Pipeline's financial trends in Q4 2024.