Pembina Pipeline

Pembina Pipeline Corporation
Company typePublic
TSX: PPL
NYSE: PBA
S&P/TSX 60 component
IndustryPetroleum industry
Pipeline transport Storage
FoundedSeptember 24, 1954 (1954-09-24)
Headquarters,
Key people
Scott Burrows President & CEO
Henry W. Sykes Chairman
ProductsEthylene and Oil Storage
Natural gas
RevenueCA$9.125 billion (2023)
CA$2.655 billion (2023)
CA$1.776 billion (2023)
Total assetsCA$32.618 billion (2023)
Total equityCA$15.813 billion (2023)
Number of employees
2837 (2023)
DivisionsPembina Marketing Ltd
Syncrude pipeline
Horizon Pipeline
Websitewww.pembina.com

Pembina Pipeline is a Canadian corporation that operates transportation and storage infrastructure delivering oil and natural gas to and from parts of Western Canada. Since 2003, storage has also included ethylene at one location. Western Canada is the source of all products transported by Pembina pipeline systems which include the Syncrude pipeline, Horizon pipeline, and Cheecham oilsands pipelines.

Pembina Pipeline Corporation became an income fund (trust) in 1997 joining the Toronto Stock Exchange with an IPO of $600 million. And on October 1, 2010, it converted to a public corporation and changed its official name from Pembina Pipeline Income Fund to Pembina Pipeline Corporation. As of 2023, the company had more than 2837 employees.