Energia
Pembina Pipeline Corporation Hosting Annual Investor Day
Pembina's annual Investor Day will be held today at the Omni King Edward Hotel in Toronto, Ontario , with a corporate presentation scheduled for 8:30 a.m. ET . The presentation will feature Pembina's executive team providing an update on corporate strategy, a business overview including project updates, and a review of Pembina's financial position.
In conjunction with Investor Day, Pembina announced an update to its forecasted 2019 capital expenditures. The update reflects the aggregate impact of recent project announcements including the Peace Pipeline Phase VIII expansion, additional spending at the Duvernay Complex, incremental funding for the Jordan Cove LNG project, as well as additional equity contributions to joint venture partnerships and advances to related parties. As a result, the Company now expects 2019 capital expenditures of approximately $2 billion .
A live webcast of the conference call can be accessed on Pembina's website at pembina.com under Investor Centre, Presentation & Events, or by entering: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fwww.pembina.com%2Finvestor-centre%2Fpresentations-and-events%2F&eventid=1937346&sessionid=1&key=4D073BB38FB75C61173632B2C3D4BB5F®Tag=&sourcepage=register in your web browser. After the presentation a copy of the presentation and an archive of the webcast will be available on the website.
Calgary -based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America's energy industry for over 60 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada . The Company also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. Pembina's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina's service offering even further along the hydrocarbon value chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canadian Sedimentary Basin and the other basins where Pembina operates can reach the highest value markets throughout the world.
Purpose of Pembina:
To be the leader in delivering integrated infrastructure solutions connecting global markets;
Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.
Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.
For further information: Investor Relations: Scott Arnold , (403) 231-3156, 1-855-880-7404, e-mail: investor-relations@pembina.com, www.pembina.com