Pembina Pipeline Corporation (NYSE: PBA) is a North American energy infrastructure company that develops, owns and operates midstream assets that transport, store and process hydrocarbons. Its core business focuses on the transportation of crude oil, natural gas liquids (NGLs) and condensate, along with gas processing, fractionation, storage and related marketing services. Pembina serves producers, refiners and other energy companies by providing pipeline capacity, terminal services and midstream solutions that link upstream production to downstream markets and export facilities.
The company’s asset base is concentrated in Western Canada, including major operations in Alberta and British Columbia, and it also has operations and commercial activities that extend into the United States. Pembina’s network includes long-haul and gathering pipelines, NGL fractionation and storage facilities, loading and rail/terminal infrastructure, and natural gas processing plants. In addition to physical transportation and processing, the company offers commercial services such as marketing and logistics that help customers move and monetize hydrocarbon streams across regional and international markets.
Headquartered in Calgary, Alberta, Pembina positions itself as a full-service midstream partner that invests in integrated infrastructure to support energy production and export. Its business strategy emphasizes operational reliability, system optimization and customer contracts that provide predictable throughput. Pembina’s operations support a wide range of energy market participants and play a significant role in connecting Western Canadian hydrocarbon supplies to North American and global markets.
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