Pembina Pipeline Sets Long-Term Outlook Driven by Rising Energy Demand

Dow Jones
Apr 07
 

By Adriano Marchese

 

Pembina Pipeline laid out its growth trajectory through the end of the decade, driven by fuller use of its existing network and projects already underway.

The Canadian energy infrastructure company said Tuesday that it expects a growth of 5% to 7% compound annual fee-based adjusted earnings before interest, taxes, depreciation and amortization on per share basis through 2030.

Pembina said the targets are underpinned by its differentiated platform and strong global demand for energy, citing longer-term drivers such as for liquefied natural gas, petrochemicals and from power-hungry data centers.

The company said it plans to expand its pipelines and gas-processing facilities to handle more volumes in key producing regions, while improving routes that move oil and gas to higher-value markets. It also aims to encourage new demand for its infrastructure through projects such as gas-to-power for data centers and supplying feedstock for petrochemical plants.

Beyond 2030, Pembina's growth targets include more investment in the core business to respond to volume growth and customer demand, as well as additional investments in liquefied natural gas and petroleum gases, gas-to-power, and emissions reductions infrastructure.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

April 07, 2026 07:37 ET (11:37 GMT)

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