Pembina Pipeline Corporation 6.302% Perpetual Preferred Stock (PMMBF)

Overview

Pembina Pipeline is a leading midstream service provider catering to the energy sector in Canada and North America, with a keen focus on the Bakken market. The company operates a comprehensive network of assets designed to support the evolving needs of the energy industry. Its integrated portfolio spans across various critical midstream services, positioning Pembina as a key player in the transportation, processing, and storage segments of the market. By facilitating the efficient and reliable movement of energy resources, Pembina Pipeline plays a crucial role in the energy supply chain, contributing to the regional and broader North American energy landscape.

Products and Services

• Pipelines: Pembina Pipeline operates an extensive network of pipelines designed for the transportation of hydrocarbons. These pipelines serve as vital veins of the energy sector, ensuring the safe and efficient flow of oil and gas across vast distances. Serving both the Canadian and Bakken markets, these pipelines are crucial for the distribution of energy resources to where they are most needed, supporting both local industries and international markets.
• Gas Gathering: This service includes the collection of natural gas from production sites. Gathering systems are essential for aggregating natural gas from various sources, enabling its transport to processing facilities or larger pipeline systems. Pembina’s gas gathering systems enhance the efficiency of gas collection, reduce transportation costs, and minimize losses, ensuring a steady supply of gas for processing and eventual consumption.
• Fractionation: Pembina offers fractionation services, a critical process in the separation of natural gas liquids (NGLs) into its component products such as ethane, propane, butanes, and natural gasoline. This process is vital for producing marketable products from raw NGLs, enabling the distribution of these products for various uses in heating, cooking, and as feedstock for petrochemical industries.
• Storage: The company also provides storage solutions for hydrocarbons, offering both short-term and long-term storage options. These storage facilities are essential for managing supply and demand dynamics, allowing for the stockpiling of resources during times of low demand and ensuring availability during peak periods. Pembina's storage assets contribute to market stability and energy security.
• Propane Exports: Recognizing the growing global demand for propane, Pembina has strategically positioned itself as a significant player in propane exports. Through its propane export services, Pembina facilitates the international distribution of propane, connecting North American supply with international markets. This not only helps in meeting global energy needs but also in enhancing the economic viability of North American propane production.