Pembina Pipeline

Pembina Pipeline Corporation
Company typePublic
TSXPPL
NYSEPBA
S&P/TSX 60 component
IndustryPetroleum industry
Pipeline transport Storage
FoundedSeptember 24, 1954 (1954-09-24)
Headquarters,
Key people
Scott Burrows President & CEO
Henry W. Sykes Chairman
ProductsEthylene and Oil Storage
Natural gas
RevenueC$6,202 mil 2020Decrease14%[1]
C$597 mil 2018 Increase20%[1]
C$1,278 mil 2018Increase45%[1]
Total assetsC$26,664 mil (Dec'18)[1]Increase4%
Total equityC$14,404 mil (Dec'18)[1]Increase4%
Number of employees
1260 (2016)[2]
DivisionsPembina Marketing Ltd
Syncrude pipeline
Horizon Pipeline
Websitewww.pembina.com

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]

  1. ^ a b c d e f "Securities and Exchange Commission Form 40-F" (PDF). Archived (PDF) from the original on 14 July 2023.
  2. ^ a b "Pembina Pipeline Continues To Grow" (PDF). 2016. Archived from the original (PDF) on 2017-06-30. Retrieved 2019-03-15.
  3. ^ "Pembina Pipeline Income Fund converts to corporation". Calgary Herald. 2010-10-01.
  4. ^ "Pembina History". Retrieved 2011-01-06.