Pembina Pipeline: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 07:54 PM ET
Last Updated - Jun 21, 2023, 10:34 PM EDT
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Pembina Pipeline Corp. (PBA) on Thursday reported first-quarter earnings of $272.9 million.
The Calgary, Alberta-based company said it had net income of 45 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
The oil and gas transportation and services company posted revenue of $1.7 billion in the period.
