Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Friday, May 9th, 2025. I would now like to turn the conference over to Dan Tucano, VP, Capital Markets. Please go ahead. Thank you, Joelle. Good morning, everyone. Welcome to PEMINA's conference call and webcast to review highlights from the first quarter of 2025. On the call today, we have Scott Burrows, President and Chief Executive Officer, and Cameron Goldate, Senior Vice President and Chief Financial Officer, along with other members of PEMINA's officer team. I would like to remind you that some of the comments made today may be forward-looking in nature and are based on PEMINA's current expectations, estimates, judgments, and projections. Forward-looking statements we may express or imply today are subject to risks and uncertainties, which could cause actual results to differ materially from expectations. Further, some of the information provided refers to non-GAAP measures. To learn more about these forward-looking statements and non-GAAP measures, please see the company's management's discussion and analysis dated May 8, 2025, for the period ended March 31, 2025, as well as the press release Pemina issued yesterday which are all available online at Pemina.com and on both CDAR Plus and NetGar. I will now turn things over to Scott. Thanks, Dan. Yesterday, we reported our first quarter results, which were highlighted by quarterly adjusted EBITDA of $1.167 billion. This is a very strong start to the year and builds on the momentum from a record year in 2024, providing confidence in our full year outlook. As Cam will discuss in more detail, we are current...