Pembina Pipeline Corp

PPL: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Pembina Pipeline Earnings: Guidance Raised Due to Favorable Commodity Prices

Adam Baker

May 8, 2026

Pembina Pipeline posted adjusted EBITDA of CAD 1.13 billion in the first quarter compared with PitchBook consensus of CAD 1.09 billion. More favorable natural gas liquid spreads likely drove the difference. Better commodity pricing boosted 2026 EBITDA guidance by CAD 175 million to CAD 4.45 billion.

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Pembina Pipeline Corp

Pembina Pipeline Earnings: Guidance Raised Due to Favorable Commodity Prices

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