{"id":840084,"date":"2026-08-01T09:24:19","date_gmt":"2026-08-01T09:24:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/840084\/"},"modified":"2026-08-01T09:24:19","modified_gmt":"2026-08-01T09:24:19","slug":"pembina-pipeline-reports-512m-second-quarter-profit-rising-from-417m-last-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/840084\/","title":{"rendered":"Pembina Pipeline reports $512M second-quarter profit, rising from $417M last year"},"content":{"rendered":"<p class=\"b-date-custom__date-item\">Updated:\u00a0July 31, 2026 at 1:39PM EDT<\/p>\n<p class=\"b-date-custom__date-item\">Published:\u00a0July 31, 2026 at 12:10PM EDT<\/p>\n<p class=\"c-paragraph\">Pembina Pipeline Corp. says it earned $512 million in the second quarter, rising from $417 million during the same period last year.<\/p>\n<p class=\"c-paragraph\">The Calgary-based natural gas processor and shipper says its revenue during the quarter reached $2.15 billion, up year-over-year from $1.79 billion. <\/p>\n<p class=\"c-paragraph\">On a diluted per-share basis, the company\u2019s earnings amounted to 82 cents for the period ended June 30, compared with 65 cents during last year\u2019s second quarter. <\/p>\n<p class=\"c-paragraph\">During the quarter, Pembina entered into a non-binding agreement that would see it take a 10 per cent interest during construction of the proposed West Coast oil pipeline, with the opportunity for an additional up to 10 per cent interest once the project enters commercial operation. <\/p>\n<p class=\"c-paragraph\">Pembina says it has full discretion over any final investment decision for its interest in the project and has protections related to cost overruns and returns. <\/p>\n<p class=\"c-paragraph\">The company says it also made progress at its Cedar LNG project in Kitimat, B.C., and expects the first exports in late 2028. <\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published July 31, 2026.<\/p>\n<p class=\"c-paragraph\">The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"Updated:\u00a0July 31, 2026 at 1:39PM EDT Published:\u00a0July 31, 2026 at 12:10PM EDT Pembina Pipeline Corp. says it earned&hellip;\n","protected":false},"author":2,"featured_media":840085,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,14236,14237],"class_list":["post-840084","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-oilgas","tag-utilities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/840084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=840084"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/840084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/840085"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=840084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=840084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=840084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}