Pembina’s Cedar LNG Bet: The Untapped Goldmine Fueling Its Future Profit Boom!

Pembina Pipeline Corporation’s third-quarter 2024 financial performance demonstrates a strong positioning within the midstream sector, bolstered by strategic acquisitions and expanding operations. Adjusted EBITDA stood at approximately $1.019 billion, reflecting consistency with the previous year despite market headwinds. Additionally, the company’s adjusted cash flow from operations totaled $724 million, or $1.25 per share. While Pembina slightly narrowed its full-year EBITDA guidance to $4.225 billion to $4.325 billion, the results showcase a resilient performance amidst varied business conditions.