Strong Start to 2025 with Record Adjusted EBITDA
Pembina reported a first-quarter adjusted EBITDA of $1.167 billion, marking a 12% increase over the same period in the prior year. This positions the company towards the midpoint of their 2025 adjusted EBITDA guidance range of $4.2 billion to $4.5 billion.
Dividend Increase Reflects Confidence
Pembina announced a $0.02 per share or 3% increase in the quarterly common share dividend, highlighting their commitment to sustainable and reliable dividend growth for shareholders.
Commercial Agreements and Expansions
Pembina entered into commercial agreements with a leading Montney producer, including long-term take-or-pay volume commitments, supporting higher utilization of Pembina’s Redwater complex and other systems.
Successful Integration and Acquisition Impact
The acquisition of Alliance Aux Sable contributed to higher ownership interests and increased contributions to pipelines and facilities, enhancing Pembina's performance.