Pembina’s 2Q16 performance was marginally below estimates as low commodity prices continue to be the area of weakness for Pembina, though the Company is committed to employing long-term, fee-for-service contracts on its current and future assets to limit exposure. Year-to-date, Pembina has placed over $1 bn of new assets into service, including the RFS II fractionator, the Musreau III gas plant, and the Resthaven gas plant expansion. We have elected to maintain our Market Perform rankin
08 Aug 2016
2Q16 EPS $0.25 (FCCe: $0.31, consensus: $0.29)
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2Q16 EPS $0.25 (FCCe: $0.31, consensus: $0.29)
Pembina Pipeline Corporation (PPL:TSE) | 0 0 0.8% | Mkt Cap: 20,478m
- Published:
08 Aug 2016 -
Author:
Steven I. Paget -
Pages:
5
Pembina’s 2Q16 performance was marginally below estimates as low commodity prices continue to be the area of weakness for Pembina, though the Company is committed to employing long-term, fee-for-service contracts on its current and future assets to limit exposure. Year-to-date, Pembina has placed over $1 bn of new assets into service, including the RFS II fractionator, the Musreau III gas plant, and the Resthaven gas plant expansion. We have elected to maintain our Market Perform rankin