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All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures that are not defined by Generally Accepted Accounting Principles (“GAAP”), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”); cash flow from operating activities per common share; adjusted cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more information see “Non-GAAP Measures” herein CALGARY, AB – Pembina Pipeline Corporation (“Pembina” or the “Company”) ( TSX: PPL ) ( NYSE: PBA ) announced today its financial and operating results for the fourth quarter and full year 2020. Financial and Operational Overview Cash flow from operating activities per common share – basic (dollars) (1) 1.39 1.41 4.10 4.94 Adjusted cash flow from operating activities per common share – basic (dollars) (1) 1.10 1.11 4.16 4.36 (2) Total revenue volumes. Revenue volumes are physical volumes plus volumes recognized from take-or-pay commitments. Volumes are stated in thousand barrels of oil equivalent per day (“mboe/d”), with natural gas volumes converted to mboe/d from millions of cubic feet per day (“MMcf/d”) at a 6:1 ratio. (3) Comparative 2019 period has been restated. See “Voluntary Change in […]
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