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Pembina Pipeline

PBA · Energy

Last earnings Jul 31, 2026  ·  Next earnings Nov 5, 2026

Key results

Revenuequarter

$26 million

Further details by division are outlined below Pipelines Decrease largely driven by lower net revenue on the Alliance Pipeline ($26 million) due to the negotiated settlement between Alliance and its shippers effective November 1, 2025, partially offset by an increase in interruptible and seasonal revenue on the Alliance Pipeline driven by higher demand for natural gas in the U.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

AI analysis

Q1 2026 · reported May 8, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Revenue · Q1 2026
$26M
EX-99 · May 8, 2026

Headline figures

MetricQ1 2026Prior qtrYear ago
Revenue$26 million——

EX-99 · May 8, 2026

Guidance · company-stated

No guidance located in the held release

Outlook statement

“Additionally, unrealized gains on renewable power purchase agreements in the 2026 period compared to losses in the 2025 period driven by higher forecasted power prices, contributed to an increase in net revenue.”

Next earningsNov 5, 2026Verified from the company’s own announcement

Capital allocation

Capital Expenditures 20 8.

As at March 31, 2026, working capital included $600 million (December 31, 2025 $600 million) associated with the current portion of long-term debt and $173 million (December 31, 2025 $106 million) in cash.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

MANAGEMENT'S DISCUSSION AND ANALYSIS AND FINANCIAL STATEMENTS Document REPORT TO SHAREHOLDERS First Quarter 2026 MANAGEMENT'S DISCUSSION AND ANALYSIS Table of Contents 1

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Capital Expenditures 20 8.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

As at March 31, 2026, working capital included $600 million (December 31, 2025 $600 million) associated with the current portion of long-term debt and $173 million (December 31, 2025 $106 million) in cash.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

$250 million variable rate debt outstanding at March 31, 2026 (December 31, 2025 U.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Pembina currently anticipates that its cash flow from operating activities, the majority of which is derived from fee-based contracts, will be more than sufficient to meet its operating obligations, to fund its dividends and to fund its capital expenditures in the short term and long term.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Pembina expects to source funds required for debt maturities from cash, its credit facilities, and by accessing the capital markets, as required.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

To maintain or modify Pembina's capital structure in the future, Pembina may renegotiate debt terms, repay existing debt, seek new borrowings, issue additional equity or hybrid securities and or repurchase or redeem additional common or preferred shares.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Strategy & priorities

Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Strategy Pembina's strategy is underpinned by energy fundamentals and the advantages of its differentiated platform.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

The Company is poised to benefit from growing global energy demand, increasing strategic relevance of North American energy, and emerging demand drivers such as LNG, petrochemicals, and data centre power demand.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Pembina's strategy includes three priorities 1.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Catalyze developing new demand platforms in the markets where Pembina operates, including gas-to-power solutions for data centres, supply for petrochemicals, and other initiatives that create incremental demand for products and services across Pembina's business.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Risks & headwinds

A reduction in the current ratings of Pembina's debt by its rating agencies, particularly a downgrade below investment-grade ratings, could adversely affect Pembina's cost of financing and its access to sources of liquidity and capital.

SEC original ↗Pembina Pipeline — Earnings release (6-K exhibit)EX-99May 8, 2026

Documents

Earnings deck slides

0 decks with slide view

Pembina Pipeline — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

TotalEnergies (TTE) EnergyYPF (YPF) EnergyCenovus Energy (CVE) EnergySuncor Energy (SU) EnergyCanadian Natural Resources (CNQ) EnergyWoodside Energy (WDS) EnergyCameco (CCJ) EnergyVista Energy, S.A.B. De C.V. (VIST) Energy

Filings

72 documents

Earnings releases

24 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Pembina Pipeline are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.