This article may require copy editing for grammar, style, cohesion, tone, or spelling. (December 2023) |
Company type | Public |
---|---|
TSX: PPL NYSE: PBA S&P/TSX 60 component | |
Industry | Petroleum industry Pipeline transport Storage |
Founded | September 24, 1954 |
Headquarters | , |
Key people | Scott Burrows President & CEO Henry W. Sykes Chairman |
Products | Ethylene and Oil Storage Natural gas |
Revenue | C$6,202 mil 202014%[1] |
C$597 mil 2018 20%[1] | |
C$1,278 mil 201845%[1] | |
Total assets | C$26,664 mil (Dec'18)[1]4% |
Total equity | C$14,404 mil (Dec'18)[1]4% |
Number of employees | 1260 (2016)[2] |
Divisions | Pembina Marketing Ltd Syncrude pipeline Horizon Pipeline |
Website | www |
Pembina Pipeline is a Canadian corporation that operates transportation and storage infrastructure delivering oil and natural gas to and from parts of Western Canada. Since 2003, storage has also included ethylene at one location. Western Canada is the source of all products transported by Pembina pipeline systems which include the Syncrude pipeline, Horizon pipeline, and Cheecham oilsands pipelines.
Pembina Pipeline Corporation became an income fund (trust) in 1997 joining the Toronto Stock Exchange with an IPO of $600 million. And on October 1, 2010 it converted to a public corporation and changed its official name from Pembina Pipeline Income Fund to Pembina Pipeline Corporation.[3][4] As of 2016, the company had more than 1260 employees, up from 427 in 2010.[2] The company's total assets nearly doubled in 2017.[1]