PBA Stock Discussion
Pembina Pipeline Corp. Description
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. The company operates in four segments: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services, and Midstream. The Conventional Pipelines segment operates 7,850 kilometers pipeline network and related facilities that transport crude oil, condensate, and natural gas liquids in Alberta and British Columbia. The Oil Sands & Heavy Oil segment owns and operates Syncrude, Horizon, Nipisi, and Mitsue Pipelines, as well as the Cheecham Lateral, which deliver synthetic crude oil produced from oil sands. It has approximately 1,650 kilometers of pipeline. The Gas Services segment operates natural gas gathering processing facilities comprising 3 gas plants and 12 compressor stations, as well as approximately 300 kilometers of gathering systems. The Midstream segment has interests in extraction and fractionation facilities; and provides terminalling and storage hub services. The company was founded in 1997 and is headquartered in Calgary, Canada.
Industry: Oil & Gas Midstream
Keywords: Natural Gas Petroleum Industry Crude Oil Petroleum Natural Gas Liquids S&P/Tsx 60 Index Midstream Natural Gas Processing Energy Industry Gas Gathering Gas Services Natural Gas Gathering Oil Sands Heavy Oil Midstream Services Natural Gas Condensate Synthetic Crude Synthetic Crude Oil Transport Crude Oil Gas Plants Hub Services
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