Pembina Pipeline Corporation Announces Closing of PGI’s Acquisition of Working Interests From Whitecap Resources and Provides Karr and Gold Creek Update
Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA)
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm
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Source: Business Wire
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce the closing of Pembina Gas Infrastructure Inc.’s ("PGI") acquisition of a 50 percent working interest in Whitecap Resources Inc.’s ("Whitecap") 15-07 Kaybob Complex (the "Kaybob Complex"), effective December 31, 2024. As part of the transaction, Whitecap has entered into a long-term take-or-pay agreement for PGI’s capacity in the Kaybob Complex and committed to an area-of-dedication to PGI for all volumes Whitecap produces out of the area. In addition, Pembina is also pleased to provide an update on infrastructure development in the Karr and Gold Creek areas, under PGI’s previously disclosed transaction with Veren Inc. ("Veren").This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250102672379/en/Advancement of DevelopmentAs part of the Kaybob Complex acquisition, PGI and Whitecap entered i
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News
- Pembina completes acquisition of stake in Whitecap assets [BNN Bloomberg (Canada)]BNN Bloomberg
- Pembina completes acquisition of stake in Whitecap assets [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pembina Pipeline Corporation Announces Closing of PGI's Acquisition of Working Interests From Whitecap Resources and Provides Karr and Gold Creek Update [Yahoo! Finance]Yahoo! Finance
- Steelhead LNG Initiates New Legal Proceedings Against Cedar LNG in British Columbia; Receives Three New United States Patents [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Pembina Pipeline Co. (NYSE: PBA) was downgraded by analysts at Wells Fargo & Company from a "strong-buy" rating to a "hold" rating.MarketBeat
PBA
Earnings
- 11/5/24 - Beat
PBA
Sec Filings
- 1/2/25 - Form 6-K
- 12/13/24 - Form 6-K
- 12/9/24 - Form 6-K
- PBA's page on the SEC website