Strong Adjusted EBITDA
Pembina reported third quarter adjusted EBITDA of $1.034 billion, a 1% increase over the same period in the prior year.
Updated 2025 Guidance
Pembina has updated and narrowed its full-year 2025 adjusted EBITDA guidance range to $4.25 billion to $4.35 billion.
Long-term Contract with PETRONAS
Pembina signed a 20-year agreement with PETRONAS for 1 million tonnes per annum of liquefaction capacity at the Cedar LNG facility.
Greenlight Electricity Center Progress
Pembina secured a 907-megawatt power grid allocation and signed an agreement with a reputable equipment manufacturer for turbines to support the first phase of Greenlight.
Pipeline and Facilities Volume Growth
Total volumes in the Pipelines and Facilities divisions were 3.6 million barrels of oil equivalent per day in the third quarter, a 2% increase over the same period in the prior year.
Successful Contract Renewals
Pembina recontracted volumes totaling approximately 50,000 barrels per day on the Peace Pipeline system with a weighted average term of approximately 10 years.