PR Newswire
CALGARY, May 3, 2018
Pembina reports first quarter results under new Divisional organizational structure and announces a 5.6 percent dividend increase
All financial figures are in Canadian dollars unless noted otherwise.
CALGARY, May 3, 2018 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the first quarter of 2018.
Operational and Financial Overview
| | |
($ millions, except where noted) | 3 Months Ended | |
| 2018 | 2017 |
Revenue | 1,837 | 1,480 |
Net revenue(1) | 719 | 549 |
Share of profit of investments in equity accounted investees(3) | 76 | |
Gross profit | 568 | 376 |
Earnings | 330 | 210 |
Earnings per common share – basic and diluted (dollars) | 0.59 | 0.48 |
Cash flow from operating activities | 498 | 326 |
Cash flow from operating activities per common share – basic (dollars)(1) | 0.99 | 0.82 |
Adjusted cash flow from operating activities(1) | 530 | 308 |
Adjusted cash flow from operating activities per common share – basic (dollars)(1) | 1.05 | 0.77 |
Common share dividends declared | 272 | 191 |
Preferred share dividends declared | 30 | 19 |
Dividends per common share (dollars) | 0.54 | 0.48 |
Capital expenditures | 324 | 709 |
| | |
Proportionately Consolidated Financial Overview(1)(4) | ||
Total volume (mboe/d)(2) | 3,266 | 2,371 |
Operating margin(1) | 757 | 407 |
Adjusted EBITDA(1) | 688 | 358 |
(1) | Refer to "Non-GAAP Measures". |
(2) | Total sales and revenue volumes. Revenue volumes are physical plus volumes recognized from take-or-pay commitments. Volumes are stated in thousands of barrels of oil equivalent per day ("mboe/d"), with natural gas volumes converted to mboe/d from millions of cubic feet per day ("MMcf/d") at a 6:1 ratio. Volumes have been restated to reflect the Corporate Reorganization. |
(3) | Includes Investments in Equity Accounted Investees in Alliance, Aux Sable, Ruby, Veresen Midstream, CKPC, Grand Valley and Fort Corp. See "Unaudited Supplementary Information" for definitions of equity accounted investees. |
(4) | See "Unaudited Supplementary Information". |
Financial and Operational Overview by Division
| | |||||
| 3 Months Ended March 31 | |||||
| 2018 | 2017(3) | ||||
($ millions) | Total | Gross Profit | Operating | Total | Gross Profit | Operating |
Pipelines Division | 2,424 | 294 | 416 | 1,667 | 126 | 165 |
Facilities Division | 842 | 143 | 225 | 704 | 102 | 140 |
Marketing & New Ventures Division | | 133 | 118 | | 146 Werbung Mehr Nachrichten zur Pembina Pipeline Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News |