Pembina Pipeline Corp. (NYSE:PBA) will be hosting a conference call at 10:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community.
The financial results for the quarter are released after the U.S. market close on Thursday 6th August 2020
A live webcast with presentations will be available on the Internet by visiting the Company website www.pembina.com
Quarterly Results
Pembina Pipeline Corp. revealed income for the second quarter of $ 0.28 per share, from the revenue of $ 914.61 million. The quarterly earnings lowered 77.24 percent while revenues decreased 49.41 percent compared with the same quarter last year.
Wall street analysts are predicting, PBA to report 2Q20 income of $ 0.44 per share from revenue of $ 1630.00 million. The bottom line results missed street analysts by $ 0.16 or 36.36 percent, at the same time, top line results fell short of analysts by $ 715.39 million or 43.89 percent.
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three divisions: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines division operates conventional, transmission, and oil sands and heavy oil pipeline assets with a total capacity of 3 million barrels of oil serving markets and basins across North America through conventional, transmission, and oil sand pipelines assets.
