Pembina demonstrated a strong start to 2025 with record adjusted EBITDA and a dividend increase, reflecting confidence in their financial outlook. They also continued to secure significant commercial agreements and successfully integrated recent acquisitions. However, challenges such as the delay in the Dow project and uncertainties surrounding the Alliance pipeline tolls, along with market volatility, temper the positive outlook.

Company Guidance -

Q2 2025

During Pembina Pipeline Corporation's Q1 2025 results conference call, the company provided guidance indicating that they are on track to achieve the midpoint of their adjusted EBITDA guidance range of $4.2 billion to $4.5 billion for the year. The company reported a strong start to the fiscal year with a quarterly adjusted EBITDA of $1.167 billion, representing a 12% increase over the previous year. Pembina also announced a 3% increase in their quarterly dividend, reflecting confidence in their fee-based business growth. The company highlighted significant commercial agreements, including new and extended long-term take-or-pay commitments. Additionally, Pembina is advancing construction projects and evaluating a $4 billion portfolio of potential projects, while maintaining a strong balance sheet with a debt-to-EBITDA ratio of 3.4x. The company anticipates a higher contribution from the Alliance Pipeline due to increased ownership and favorable market conditions, while also noting some impact from lower commodity prices due to global economic uncertainty.

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.

Pembina Pipeline (PBA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PBA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 07, 2025	2025 (Q2)	0.46 / -	0.544	―	―	―
May 08, 2025	2025 (Q1)	0.58 / 0.58	0.537	8.11% (+0.04)	―
Feb 27, 2025	2024 (Q4)	0.61 / 0.67	0.878	-23.97% (-0.21)	―
Nov 05, 2024	2024 (Q3)	0.53 / 0.44	0.414	5.26% (+0.02)	―
Aug 08, 2024	2024 (Q2)	0.54 / 0.54	0.436	25.00% (+0.11)	―
May 09, 2024	2024 (Q1)	0.54 / 0.54	0.443	21.31% (+0.09)	―
Feb 22, 2024	2023 (Q4)	0.59 / 0.88	0.283	210.26% (+0.60)	―
Nov 02, 2023	2023 (Q3)	0.49 / 0.41	2.345	-82.35% (-1.93)	―
Aug 03, 2023	2023 (Q2)	0.43 / 0.44	0.501	-13.04% (-0.07)	―
May 04, 2023	2023 (Q1)	0.49 / 0.44	0.588	-24.69% (-0.15)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PBA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	$38.87	$36.58	-5.89%
Feb 27, 2025	$35.41	$37.87	+6.95%
Nov 05, 2024	$40.64	$38.99	-4.06%
Aug 08, 2024	$36.65	$36.76	+0.30%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pembina Pipeline (PBA) report earnings?

Pembina Pipeline (PBA) is schdueled to report earning on Aug 07, 2025, After Close (Confirmed).

What is Pembina Pipeline (PBA) earnings time?

Pembina Pipeline (PBA) earnings time is at Aug 07, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PBA EPS forecast?

PBA EPS forecast for the fiscal quarter 2025 (Q2) is 0.46.

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