Pembina Pipeline Corp. says it earned $570 million during the third quarter, rising from $286 million a year earlier.
On a per share basis, its earnings amounted to 92 cents, compared with 43 cents during the prior-year quarter.
The Calgary-based natural gas processor and shipper says its revenue reached $2.18 billion during the period, rising year-over-year from $1.79 billion.
Pembina Pipeline says it has also updated its 2026 guidance and now expects earnings before deductions to be between $4.45 billion and $4.55 billion, after previously expecting between $4.35 billion and $4.55 billion.
During the third quarter, Pembina Pipeline announced it entered into a non-binding agreement to participate in the Pacific Link pipeline project, which the company says reached a key milestone in October when it was listed by the federal government as a project of national interest under the Building Canada Act.
Pembina will have an economic interest of 10 per cent in the project through its construction with the opportunity for an additional 10 per cent when it enters commercial operation.
This report by The Canadian Press was first published Nov. 5, 2026.
Companies in this story: (TSX: PPL)
The Canadian Press
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