Pembina Pipeline Corporation (PPL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for joining us and welcome to Pembina Pipeline Corporation Quarter 2, 2026 results. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Dan Tucunel. Vice President, Capital Markets. Dan, please go ahead. Thank you, Matthew. Good morning, everyone. Welcome to Pemina's conference call and webcast to review highlights from the second quarter of 2026. On the call today, we have Scott Burrows, President and Chief Executive Officer, and Cameron Goldade, Chief Financial Officer, along with the other members of Pemina's leadership team. I would like to remind you that some of the comments made today Thank you for joining us today. for the period ended June 30th, 2026, as well as the press release Pemina issued yesterday, all of which are 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 second quarter results, which were highlighted by adjusted EBITDA of $1.064 billion. It was another solid quarter that reflects the constructive industry environment coupled with strong underlying operational performance and new assets entering service. As Cam will discuss in more detail, we have affirmed our 2026 adjusted EBITDA guidance range of $4.35 billion to $4.55 billion, while noting we are trending to midpoint of the range. Since our business update in April, we've continued to build momentum across all three pillars of our 3C strategy and have further strengthened our visibility to long-term growth. As a reminder, our strategy is built around three complementary pillars. First, we...