Pembina Pipeline (NYSE:PBA) Corporation is a North American energy infrastructure company that operates a diversified network of pipelines and midstream facilities. Headquartered in Calgary, Alberta, the company transports, stores and processes natural gas, natural gas liquids (NGLs) and crude oil across Canada and the United States. Its pipeline network spans major hydrocarbon basins in Western Canada and extends to key markets in the U.S. Midwest, providing critical connectivity from production areas to refining and petrochemical hubs.
Under its Pipelines segment, Pembina gathers, compresses and transports raw hydrocarbons through an integrated system of gathering lines, transmission pipelines and pumping stations. The Midstream segment encompasses processing plants, fractionation facilities and storage terminals, where natural gas is converted into marketable NGL products such as ethane, propane, butane and condensate. Notable assets include the Redwater Olefinic Fractionator in Alberta and the Aux Sable processing facility near Chicago, which support petrochemical and refining customers with reliable feedstock and supply services.
Founded in 1954 to develop a gathering system in the Pembina oil field, the company has grown through strategic expansions and acquisitions to become one of Canada’s largest midstream operators. Listed on both the Toronto and New York stock exchanges, Pembina has built a reputation for operational reliability and disciplined growth, reinforcing its position in the energy value chain from wellhead to end market.
Pembina is led by President and Chief Executive Officer Michael Dilger and governed by an experienced board of directors. The company emphasizes safety, environmental stewardship and community engagement in its operations, aiming to deliver sustainable long-term value to its stakeholders while supporting the energy needs of North American markets.
