Pembina Pipeline Issues Growth Outlook
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Pembina Pipeline (PPL.TO, PBA) has announced a growth outlook, targeting a 5-7% compound annual fee-based adjusted EBITDA per share growth through 2030. This outlook is supported by increased utilization of existing assets and contributions from new projects. The company plans to continue investing in its core business and expand into LNG, LPG, gas-to-power, and emissions reduction infrastructure. As of the last close, shares were trading at C$61.80, down 0.43%.
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