Pembina Pipeline Corp. Issues 2021 Guidance - Quick Facts

Pembina Pipeline Corporation (PPL.TO,PBA) said the company expects 2021 adjusted EBITDA of C$3.2 billion to C$3.4 billion and a 2021 capital investment program of C$785 million. The company noted that, relative to 2020, adjusted EBITDA next year will be positively impacted by approximately C$1 billion of new assets that will have entered service in 2020 and during the first quarter of 2021.

Pembina said it is unlikely to proceed with the sale of material non-core assets in the immediate future. The company remains open to monetizing assets where a third-party view of intrinsic value exceeds its own.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Viona Pharmaceuticals Inc. has recalled type 2 diabetes drug Metformin in the form of oral film-coated tablets for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine (NDMA), above levels of the Acceptable Daily Intake Limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement. Ford Motor Co. on Monday issued a recall for a total of 19,626 2021 F-Series Super Duty vehicles with dual rear wheels in North America. These include 17,616 vehicles in the U.S. and federal territories; 1,779 in Canada; and 231 in Mexico. The affected vehicles are equipped with front-wheel hub extenders... Royal Philips has recalled specific sleep and respiratory care devices due to the potential health risks related to the polyester-based polyurethane or PE-PUR sound abatement foam component. The affected products include Bi-Level Positive Airway Pressure or Bi-Level PAP, Continuous Positive Airway Pressure or CPAP, and mechanical ventilator devices.
Follow RTT