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Pembina to Complete 2 Projects in 3Q 2014

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Pembina to Complete 2 Projects in 3Q 2014

Pembina Pipeline Corporation has announced it achieved strong financial and operational performance during the first quarter of 2014.

Mick Dilger, Pembina's President and Chief Executive Officer, said: "Pembina achieved another strong quarter.

Compared to this time last year, we have increased our adjusted cash flow from operating activities by approximately 31 percent and our adjusted cash flow from operating activities per share (basic) by just over 22 percent. Our Phase I Expansions in our Conventional Pipelines business, which came on stream in December of last year, along with our Saturn I Facility, which started up in October 2013, helped drive these results. The successful execution of these projects and our strong financial and operating performance are clear demonstrations, once…

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