.png)
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles (“GAAP”), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”); adjusted cash flow from operating activities; adjusted cash flow from operating activities per common share; and proportionately consolidated debt-to-adjusted EBITDA. For more information see “Non-GAAP and Other Financial Measures” herein. CALGARY, Alberta–(BUSINESS WIRE)– Pembina Pipeline Corporation (“Pembina” or the “Company”) ( TSX: PPL ; NYSE: PBA ) announced today its financial and operating results for the second quarter of 2023. Highlights Second Quarter Results – reported earnings of $363 million and adjusted EBITDA of $823 million. Guidance – 2023 adjusted EBITDA guidance range has been narrowed to $3.55 billion to $3.75 billion (previously $3.5 billion to $3.8 billion). Cedar LNG – Cedar LNG has received its LNG Facility Permit from the BC Energy Regulator. In addition, Cedar LNG has signed incremental non-binding Memorandums of Understanding and is fully subscribed in relation to the project’s total capacity. A final investment decision is now expected in the fourth quarter of 2023. Environmental, Social […]
CamTrader offers a preview only. View original article. boereport.com
