PBA
Pembina Pipeline·NYSE
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PBA fundamentals
Pembina Pipeline (PBA) released its earnings on Feb 27, 2026: revenue was 1.39B (YoY -6.55%), missed estimates; EPS was 0.568 (YoY -11.15%), beat estimates.
Revenue / YoY
1.39B
-6.55%
EPS / YoY
0.568
-11.15%
Report date
Feb 27, 2026
PBA Earnings Call Summary for Q4,2025
- Strategic Growth: CAD 625M invested in Northeast BC expansions to meet condensate demand; Cedar LNG propane exports to Asia secured. Greenlight Electricity Centre FID expected Q2 2026.
- Financial Resilience: 2026 EBITDA guidance $4.125B-$4.425B, despite peak debt/EBITDA of 4.0x. Marketing division cautious on short-term margins but optimistic on 2026 frac spreads.
- Project Execution: Taylor-to-Gordondale phase two paused; phase one progressing. Cedar LNG Phase Two contingent on gas supply. Alliance Pipeline toll changes impacting Canadian segment revenue.
- Customer Commitment: Over 200,000 b/d recontracted in 2025, including full Nipisi Pipeline utilization. Tourmaline contract renewal maintains processing volumes.
EPS
Actual | 0.3513 | 0.2863 | 0.3818 | -1.7896 | 0.4058 | 0.3149 | 0.7961 | 0.0632 | 0.6474 | 0.5358 | 2.334 | 0.2877 | 0.451 | 0.4526 | 0.4196 | 0.9129 | 0.5463 | 0.548 | 0.4434 | 0.6393 | 0.5559 | 0.4774 | 0.3087 | 0.568 | ||||||||||
Forecast | 0.4098 | 0.3619 | 0.3948 | 0.4448 | 0.4599 | 0.4375 | 0.4901 | 0.5095 | 0.5598 | 0.4805 | 0.4482 | 0.5471 | 0.4947 | 0.4422 | 0.4982 | 0.6117 | 0.5486 | 0.5437 | 0.5386 | 0.587 | 0.5565 | 0.4704 | 0.4618 | 0.5243 | ||||||||||
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -14.28% | -20.89% | -3.29% | -502.34% | -11.76% | -28.02% | +62.44% | -87.60% | +15.65% | +11.51% | +420.75% | -47.41% | -8.83% | +2.35% | -15.78% | +49.24% | -0.42% | +0.79% | -17.68% | +8.91% | -0.11% | +1.49% | -33.15% | +8.33% |
Revenue
Actual | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.17B | 930.98M | 1.17B | 1.33B | 1.63B | 1.58B | 1.69B | 2.02B | 2.43B | 2.40B | 2.01B | 1.99B | 1.70B | 1.56B | 1.69B | 1.86B | 1.14B | 1.36B | 1.36B | 1.49B | 1.59B | 1.32B | 1.29B | 1.39B |
Forecast | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.39B | 1.29B | 1.27B | 1.35B | 1.37B | 1.22B | 1.34B | 1.31B | 1.86B | 2.32B | 1.83B | 1.81B | 1.79B | 1.67B | 1.60B | 1.90B | 1.90B | 1.43B | 1.48B | 1.45B | 1.64B | 1.52B | 1.48B | 1.61B |
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -15.44% | -28.03% | -7.41% | -1.42% | +19.03% | +29.64% | +26.15% | +55.07% | +30.37% | +3.76% | +9.88% | +10.31% | -5.13% | -6.40% | +5.19% | -2.07% | -40.05% | -5.02% | -7.68% | +2.97% | -3.59% | -13.16% | -13.32% | -13.38% |
Earnings Call
You can ask Aime
What guidance did Pembina Pipeline's management provide for the next earnings period?What does Pembina Pipeline do and what are its main business segments?What is the market's earnings forecast for Pembina Pipeline next quarter?Did Pembina Pipeline beat or miss consensus estimates last quarter?What is the revenue and EPS growth rate for Pembina Pipeline year over year?What were the key takeaways from Pembina Pipeline's earnings call?What factors drove the changes in Pembina Pipeline's revenue and profit?What is Pembina Pipeline's latest dividend and current dividend yield?
