Pembina Pipeline Corp. (TSE:PPL) has released an update.
Pembina Pipeline Corp. announced a prosperous start to 2024 with a robust first-quarter earnings report, showcasing a $438 million profit and a record $1,044 million in adjusted EBITDA. In addition, the company declared a 3.4% increase in its common share dividend, reflecting confidence in its financial health, underscored by a strong balance sheet with debt-to-adjusted EBITDA ratio at 3.4 times. Pembina also highlighted strategic growth through acquisitions, new agreements, and project developments, signaling a positive outlook for its investors.
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