Pembina Pipeline posts 1st-quarter profit of $74.3 million

CALGARY – CALGARY, Alberta (AP) _ Pembina Pipeline Corp. (PBA) on Thursday reported first-quarter earnings of $74.3 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 17 cents.

The oil and gas transportation and services company posted revenue of $741.3 million in the period.

Pembina Pipeline shares have increased 35 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $29.36, a decrease of 15 per cent in the last 12 months.


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Keywords: Pembina Pipeline, Earnings Report