RE:RE:OpportunityAccording to my RBC Direct site the earnings missed by a bit. Estimate was .72 cents a share and actual came in at .60 cents from what I see.
Pipelines: EBITDA was $593 million in Q3/24 compared to our estimate of $646 million. On a year-over-year basis, Pembina highlighted lower tolls on new contracts at Cochin Pipeline, lower volumes from a contracting gap associated with the return of line fill to certain customers, and lower interruptible demand resulting from narrower condensate price differentials.
Facilities: In Q3/24, EBITDA was $324 million versus our estimate of $332 million.
Marketing and New Ventures: EBITDA in Q3/24 was $159 million compared to our forecast of $89 million, with the solid results coming despite a nine-day unplanned outage at Aux Sable in July 2024.
Corporate: Quarterly costs were ($57) million compared to our estimate of ($46) million. EBITDA guidance range for 2024 narrowed, with an unchanged midpoint. Pembina expects its 2024
RBC still has an Outperform rating on PPL with a $65.00 target