PPL - Pembina Pipeline - Stock Price & Dividends

Pembina Pipeline Corporation is a leading energy transportation and midstream services company that operates through three distinct segments: Pipelines, Facilities, and Marketing & New Ventures.

The Pipelines segment is responsible for transporting a vast array of energy products, including conventional oil, oil sands, and heavy oil, across North America. With a daily transportation capacity of 2.9 million barrels of oil equivalent, Pembina's pipeline network is one of the largest in the region. Additionally, the company has an impressive ground storage capacity of 10 million barrels and rail terminalling capacity of approximately 105,000 barrels of oil equivalent per day, making it a crucial link between energy producers and consumers.

The Facilities segment provides critical infrastructure to support the production, processing, and storage of natural gas, condensate, and natural gas liquids (NGLs). This includes 354,000 barrels per day of NGL fractionation capacity, 21 million barrels of cavern storage capacity, and associated pipeline and rail terminalling facilities. Furthermore, Pembina operates a liquefied propane export facility, further diversifying its service offerings.

The Marketing & New Ventures segment is responsible for buying and selling hydrocarbon liquids and natural gas from the Western Canadian sedimentary basin and other basins. This segment provides Pembina with a unique opportunity to optimize its asset utilization and generate additional revenue streams.

With a rich history dating back to 1954, Pembina Pipeline Corporation has established itself as a trusted and reliable partner in the energy industry. Headquartered in Calgary, Canada, the company continues to grow and expand its operations, driven by a commitment to safety, customer service, and operational excellence.