Pembina Pipeline Corp. earns $572-million in fourth quarter

Pembina Pipeline Corp. PPL-T -1.20%decreasesays it earned $572 million in its fourth quarter.

That’s down from $698 million a year earlier.

The Calgary-based company says revenues for the quarter ended Dec. 31 were $2.15 billion, up from $1.84 billion during the same quarter in 2023.

Earnings per diluted common share were 92 cents, down from $1.21 a year earlier.

Pembina’s earnings and revenues for the full financial year rose from 2023.

Pipeline volumes rose during the quarter and the full financial year.

Comments

Leave a Reply