Pembina Pipeline posts drop in profit, gas pipeline expansions in the works

The Canadian Press

· Posted: Nov 06, 2025 9:14 PM EST | Last Updated: November 7

Pembina Pipeline Corp. posted a nett of $286 cardinal during the 3rd quarter, a driblet from the $385 cardinal it earned during the aforesaid play a twelvemonth earlier.

The nett amounted to 43 cents per stock versus 60 cents per stock during the 3rd 4th of 2024.

Revenue was $1.79 billion, down from $1.84 billion.

The Calgary-based earthy state shipper and processor says it has much than $1 cardinal of projected pipeline expansions successful the works to grip increasing accumulation retired of the Montney, Duvernay and Deep Basin areas of Alberta and British Columbia.

Pembina besides says it and spouse Kineticor are expecting to marque a last concern determination connected the Greenlight Electricity Centre earthy gas-fired powerfulness works successful Alberta during the archetypal fractional of adjacent year.

It adds that Cedar LNG, the liquefied earthy state export terminal nether operation successful B.C. that Pembina owns alongside the Haisla Nation, is tracking connected fund and connected schedule.

Earlier this week, Pembina said it has signed a 20-year woody with Malaysia's Petronas for 1 cardinal tonnes per twelvemonth of liquefaction capableness astatine the Cedar LNG project.