Pembina Pipeline Corporation Reports Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Tesla acquires AI hardware company for up to $2 billion in stock
- Bel Fuse acquires dataMate ethernet business for $16 million
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
Pembina Pipeline (PBA) Reports Q2 EPS of $1.23, Revenues Beat
August 1, 2019 5:16 PM EDTPembina Pipeline (NYSE: PBA) reported Q2 EPS of $1.23, versus $0.44 reported last year. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.63 billion.
Financial & Operational Highlights
Second quarter earnings of $664 million, a 170 percent increase over the same period of the prior year, were positively impacted by a deferred tax recovery related to the enactment of Bill 3 Job Creation Tax Cut Act, which will reduce the Alberta corporate tax rate from 12 percent to eight percent over a four-year period. This significant deferred tax recovery was partially offset by an... More