Business
Pembina Pipeline Corporation Updates 2018 Guidance and Will Host Annual Investor Day
Pembina Pipeline Corporation Updates 2018 Guidance and Will Host Annual Investor Day ...
About this update from Pembina Pipeline Corporation
[{"type":"text","content":"\n\n\n\nPembina Pipeline Corporation Updates 2018 Guidance and Will Host Annual Investor Day\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, May 29, 2018\n\n\n\nCALGARY, May 29, 2018 /CNW/ - Pembina Pipeline Corporation (\"Pembina\" or the \"Company\") (TSX: PPL; NYSE: PBA) announced an update to its 2018 guidance range and will host its annual Investor Day. \n\nPembina announced today that based on strong year-to-date results and the outlook for the remainder of the year, the Company has updated its 2018 Adjusted EBITDA guidance range to $2,650 to $2,750 million.\n\n\"We are seeing strong customer demand for our services, leading to increased utilization in the Pipelines and Facilities Divisions, and rising commodity prices are driving solid performance in our Marketing business,\" said Mick Dilger, Pembina's President and Chief Executive Officer. \"Accordingly, we are raising the bottom end of our guidance range by $100 million.\"\n\nPembina's annual Investor Day will be held today at the Fairmont Royal York 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.  \n\nA 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=1586882&sessionid=1&key=175EA88F028C9CD48628882A2542CE5D&regTag=&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.\n\nAbout Pembina\n\nCalgary-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America's energy industry f...