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Pembina Pipeline: 4Q Earnings Snapshot

Associated Press
Updated ·1 min read

CALGARY, Alberta (AP) _ Pembina Pipeline Corp. (PBA) on Thursday reported a fourth-quarter loss of $933.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of $1.75. Earnings, adjusted for non-recurring costs, came to 42 cents per share.

The oil and gas transportation and services company posted revenue of $1.3 billion in the period.

For the year, the company reported a loss of $355.3 million, or 64 cents per share, swinging to a loss in the period. Revenue was reported as $4.63 billion.

Pembina Pipeline shares have climbed 16% since the beginning of the year. The stock has decreased 29% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBA at https://www.zacks.com/ap/PBA