General | Quarterly / Earnings Reports | Second Quarter (2Q) Update
Pembina's Revenue Expands Over Year
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Pembina Pipeline Corporation has announced that it achieved strong financial and operational performance during the second quarter of 2014.
Mick Dilger, Pembina's President and Chief Executive Officer said: "During the second quarter of 2014, Pembina achieved strong financial results while securing an additional $460 million in new capital projects and increasing our dividend by 3.6 percent in May.
Our adjusted cash flow saw increases from our ongoing operating activities and both the completion of our Phase I expansions in our Conventional Pipelines business and the start up of our Saturn I facility. Our third fractionator at our Redwater site, which was announced during the quarter, will see the current fractionation capacity at our facility almost triple once it's brought on-stream."
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