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Penbina PPL looks real solid

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1 week 6 days ago #121209 by alexgreat
alexgreat replied the topic: Penbina PPL looks real solid
more cash in the account

Pembina Pipeline declares CAD 0.19 dividend

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1 month 1 week ago #121032 by GoldnBoy
GoldnBoy replied the topic: Penbina PPL looks real solid
yup still collecting those dividends

CALGARY, Sept. 6, 2018

CALGARY, Sept. 6, 2018 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for September 2018 of $0.19 per share to be paid, subject to applicable law, on October 15, 2018 to shareholders of record on September 25, 2018. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified dividends" and may be subject to Canadian withholding tax.

For shareholders receiving their common share dividends in U.S. funds, the September 2018 cash dividend is expected to be approximately U.S. $0.1441 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7584. The actual U.S. dollar dividend will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.

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2 months 2 weeks ago #120887 by Gambler
Gambler replied the topic: Penbina PPL looks real solid
Wow this has been a real cash cow - 7.4% dividend and 50% capital gain. Thanks RonS



Financial Highlights

Pembina generated record second quarter results in revenue volumes, adjusted cash flow from operating activities, operating margin and Adjusted EBITDA, largely driven by a $10 billion increase in assets year-over-year from the acquisition of Veresen in 2017, and new assets placed into service following a large-scale capital program;

Generated second quarter and year-to-date earnings of $246 million and $576 million, a 110 percent and 76 percent increase, respectively, over the same periods of the prior year, due to increased net revenue and share of profit from equity accounted investees;

Realized record second quarter and year-to-date operating margin of $787 million and $1.5 billion, 123 percent and 103 percent higher, respectively, than the second quarter and first half of 2017.

Achieved record second quarter and year-to-date Adjusted EBITDA of $700 million and $1.4 billion, representing 136 percent and 112 percent increases, respectively, over the same periods in 2017;

Cash flow from operating activities was $603 million for the second quarter and $1.1 billion year-to-date in 2018, increases of 67 percent and 60 percent, respectively, over the same periods in 2017. Adjusted cash flow from operating activities increased by 103 percent and 87 percent to $558 million and $1.1 billion in the second quarter and first half of 2018, respectively, compared to the same period in 2017; and

On a per share (basic) basis, cash flow from operating activities for the second quarter and year-to-date in 2018 increased 33 percent and 27 percent, respectively, compared to the same periods in the prior year. On a per share (basic) basis, adjusted cash flow from operating activities for the second quarter increased 63 percent and 48 percent year-to-date compared to the same periods of the prior year.

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6 months 1 week ago #120423 by Gambler
Gambler replied the topic: Penbina PPL looks real solid
Kaching. everyone her still holding and collecting every month

, April 3, 2018 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for April 2018 of $0.18 per share to be paid, subject to applicable law, on May 15, 2018 to shareholders of record on April 25, 2018. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified dividends" and may be subject to Canadian withholding tax.

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10 months 2 weeks ago #119568 by lynnsa10
lynnsa10 replied the topic: Penbina PPL looks real solid

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11 months 3 days ago #119434 by DearJohn
DearJohn replied the topic: Penbina PPL looks real solid
Well it took a pull back and did so, new $46 high last week

Pembina Pipeline Corp. has declared a common share cash dividend for November, 2017, of 18 cents per share to be paid, subject to applicable law, on Dec. 15, 2017, to shareholders of record on Nov. 25, 2017. This dividend is designated an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered qualified dividends and may be subject to Canadian withholding tax.

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1 year 2 weeks ago #118997 by lynnsa10
lynnsa10 replied the topic: Penbina PPL looks real solid
Gambler, I seen that and looks like stock at $44 is about to break out to new highs
Attachments:

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1 year 2 weeks ago #118995 by Gambler
Gambler replied the topic: Penbina PPL looks real solid
2017-10-02 10:57 ET - News Release

Also News Release (C-VSN) Veresen Inc

Mr. Mick Dilger of Pembina reports

PEMBINA ANNOUNCES CLOSING OF BUSINESS COMBINATION WITH VERESEN, DECLARES INCREASED COMMON SHARE DIVIDEND AND PROVIDES BUSINESS UPDATE

Pembina Pipeline Corp. has completed its previously announced business combination with Veresen Inc. pursuant to a plan of arrangement under Section 193 of the Business Corporations Act (Alberta) to create one of the largest energy infrastructure companies in Canada.

"Today marks another significant milestone for Pembina," said Mick Dilger, Pembina's president and chief executive officer. "With increased size and scale, the combined companies create a platform in which we can pursue expanded growth opportunities while continuing to support future dividend growth and value creation for our shareholders. Our customers will also benefit from the enhanced service offerings through the highly integrated asset base and the extended geographic reach."

"We are also proud to have increased the common share dividend for the second time this year -- a testament to the strength of the combined companies and to our commitment of providing value to our shareholders," continued Mr. Dilger. "We have recently placed $2.8-billion of projects into service and expect to place approximately $2-billion of additional projects into service by early 2018. Pembina has truly become a leading North American infrastructure company and is well positioned to deliver top-tier performance going forward. Our future is bright and I am excited to realize our expected near-term transformational results," concluded Mr. Dilger.

Common share dividend increase and declaration

In conjunction with closing of the transaction, Pembina is proceeding with the previously announced increase to its common share dividend. As such, Pembina's board of directors has declared a common share cash dividend for October, 2017, of 18 cents per share to be paid, subject to applicable law, on Nov. 15, 2017, to shareholders of record on Oct. 25, 2017. This dividend reflects a 5.9-per-cent increase to the current monthly common share dividend rate of 17 cents per share.

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1 year 2 months ago #118605 by lynnsa10
lynnsa10 replied the topic: Penbina PPL looks real solid
Yes a nice Qtr. still holding this one too

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1 year 2 months ago #118588 by GoldnBoy
GoldnBoy replied the topic: Penbina PPL looks real solid
Yup still holding, nice move on the pipelines today and with PPL on good earnings report

Project Highlights

Placed $2.8 billion of new projects into service at the end of the second quarter under budget and either on time or ahead of schedule on an aggregate basis, with all new assets operating successfully as expected;

Entered into an arrangement agreement with Veresen Inc. ("Veresen") to create one of the largest energy infrastructure companies in Canada with a pro-forma total enterprise value of approximately $33 billion; and

Proceeded to the front end engineering design phase for a proposed integrated propylene dehydrogenation and polypropylene production facility.

Financial Highlights

Generated second quarter and year-to-date earnings of $124 million and $339 million, a 10 percent and 58 percent increase, respectively, over the same periods of the prior year;

Realized adjusted EBITDA of $303 million during the second quarter and $666 million year-to-date during 2017, four percent and 19 percent higher than the second quarter and first half of 2016, respectively;

Recorded cash flow from operating activities of $362 million and $688 million for the three and six months ended June 30, 2017, an increase of 33 percent and 26 percent, respectively, from the same periods of the prior year. Adjusted cash flow from operating activities increased by 17 percent and 31 percent to $275 million and $583 million in the second quarter and first half of 2017 compared to the respective periods in 2016; and

On a per share (basic) basis during the three and six months ended June 30, 2017, cash flow from operating activities increased 29 percent and 21 percent, respectively, compared to the same periods of the prior year.

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1 year 4 months ago #118090 by Gambler
Gambler replied the topic: Penbina PPL looks real solid
GB you still holding??

Regards to Pembina Pipeline's $9.7-billion (U.S.) deal to buy Veresen

JP Morgan analyst Jeremy Tonet noted that the Veresen deal brings assets that are profitable in the first year. "Veresen significantly bolsters Pembina's long-term growth profile and diversifies its geography, hydrocarbon mix and customer set," Mr. Tonet said in a note, reiterating his overweight recommendation and $52 price target. Pembina, which closed Monday at $44.22, remains his top pick after the company's second straight quarterly earnings beat. Mr. Tonet highlighted management's expectations for cash-flow-per-share growth of 8 to 10 per cent beyond 2020, and roughly 6-per-cent dividend growth. "We recommend Pembina for midstream investors in search of detox from over-levered balance sheets, energy investors looking for offense and defense, as well as generalist investors seeking quality income with visible growth," he said.

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1 year 7 months ago #117776 by GoldnBoy
GoldnBoy replied the topic: Penbina PPL looks real solid
Yup another new high last week and more solid financial results


Highlights

Generated earnings of $466 million in 2016, a 15 percent increase over the prior year;
Adjusted EBITDA was $1,189 million during 2016, 21 percent higher than 2015;

Cash flow from operating activities was $1,077 million for 2016 compared to $801 million for 2015, an increase of 34 percent on an annual basis. Adjusted cash flow from operating activities increased by 12 percent to $986 million in 2016 compared to 2015;

On a per share (basic) basis, cash flow from operating activities increased 20 percent compared to the prior year;
Gas Services generated record quarterly and annual revenue volumes of 976 MMcf/d and 836 MMcf/d, respectively, in 2016, representing a quarterly increase of 61 percent and an annual increase of 27 percent;

Fourth quarter NGL sales volumes reached a record 164 mboe/d, a 33 percent increase compared to the respective period in 2015. For the full year, NGL sales volumes were a record 143 mboe/d, a 23 percent increase compared to 2015;

Conventional Pipelines' fourth quarter revenue volumes increased to 639 mbpd in 2016 compared to 621 mbpd in the fourth quarter of 2015. For the full year, Conventional Pipelines' revenue volumes were 650 mbpd compared to 614 mbpd in 2015; and

In 2016, Pembina added over 400 MMcf/d of additional processing capacity in its Gas Services business, increasing its total capacity to approximately 1.7 billion cubic feet per day. This was accomplished through the acquisition of the Kakwa River facility and expansions of the Company's Resthaven and Musreau facilities.

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