Financial and Operational Results for the Year Ended December 31, 2025 Now Available on SEDAR+ and EDGAR
Pembina Pipeline Corporation has officially filed its audited consolidated financial statements for the year ended December 31, 2025, along with its related Management’s Discussion and Analysis (MD&A) and Annual Information Form (AIF) with Canadian securities regulatory authorities. In addition, the Company has submitted its annual report on Form 40-F for the same period to the U.S. Securities and Exchange Commission (SEC), further reinforcing its commitment to transparency, regulatory compliance, and clear communication with investors across North America.
These comprehensive filings provide shareholders, analysts, and stakeholders with detailed insight into Pembina’s financial performance, operational achievements, strategic direction, and risk management framework throughout 2025. By making these documents publicly available through multiple regulatory platforms, Pembina continues to demonstrate its dedication to strong corporate governance and accountability in both Canadian and U.S. capital markets.
The audited consolidated financial statements offer a complete overview of the Company’s financial position as of December 31, 2025, including its assets, liabilities, revenues, expenses, and cash flows. The accompanying MD&A provides management’s perspective on business performance, key drivers of results, market conditions, capital investments, and forward-looking priorities. Meanwhile, the Annual Information Form outlines the Company’s business structure, risk factors, regulatory environment, and other material disclosures that support informed investment decisions.
Investors and interested parties may access copies of these filings through Canada’s System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca, as well as through the SEC’s website at www.sec.gov for the Form 40-F. The documents are also available in the Investors section of Pembina’s corporate website at www.pembina.com. Shareholders who prefer physical copies may request a printed version of the audited financial statements and related MD&A free of charge by contacting Pembina’s Investor Relations department via email at investor-relations@pembina.com or by calling 1-855-880-7404.
A Trusted Energy Infrastructure Leader
For more than 70 years, Pembina has played a vital role in supporting North America’s energy industry. As a leading energy transportation and midstream service provider, the Company has built and maintained an extensive network of strategically located infrastructure assets that connect energy producers to domestic and international markets.
Pembina’s diversified asset base includes hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids (NGL) infrastructure, storage and logistics services, and export terminals. This integrated network enables the safe, reliable, and efficient transportation and processing of energy products across key producing basins and demand centers.
The Company’s operations are underpinned by long-term, fee-based contracts and strong customer relationships, which help provide stable cash flows and resilience through commodity price cycles. Pembina’s business model emphasizes operational excellence, disciplined capital allocation, and responsible growth, all of which contribute to its long-standing reputation as a dependable partner within the energy value chain.
Integrated Value Chain and Strategic Positioning
Pembina’s integrated value chain is designed to create synergies across its operations, providing customers with seamless solutions from wellhead to market. By owning and operating assets across multiple segments of the midstream sector, the Company is positioned to optimize efficiencies, reduce risk, and enhance value for stakeholders.
The Company’s infrastructure spans major North American resource plays, supporting the transportation of crude oil, condensate, natural gas, and natural gas liquids. Its export terminals business further extends Pembina’s reach to global markets, facilitating international trade and strengthening energy supply chains.
In an evolving energy landscape marked by increasing demand for reliability, sustainability, and energy security, Pembina continues to adapt its strategy to meet customer and market needs. The Company actively evaluates opportunities to expand its asset base, enhance operational performance, and pursue innovative projects that align with its long-term objectives.
Purpose-Driven Approach
At the core of Pembina’s operations is its stated purpose: We deliver extraordinary energy solutions so the world can thrive. This purpose reflects the Company’s commitment not only to financial performance but also to safety, environmental stewardship, and community engagement.
Pembina prioritizes safe and responsible operations across all of its facilities. The Company invests in maintenance, integrity programs, and advanced monitoring technologies to ensure the reliability of its pipelines and processing assets. Safety performance remains a key metric for management and employees alike, reinforcing a culture of accountability and continuous improvement.
Environmental responsibility is also central to Pembina’s long-term strategy. The Company supports initiatives aimed at reducing emissions intensity, improving energy efficiency, and exploring opportunities that contribute to a lower-carbon future. Through collaboration with customers and industry partners, Pembina seeks to support a more sustainable energy system while continuing to meet growing global energy demand.
Community engagement forms another important pillar of Pembina’s corporate philosophy. The Company works closely with Indigenous communities, local governments, and regional stakeholders to foster positive relationships and create shared value. By investing in social initiatives, employment opportunities, and community partnerships, Pembina aims to generate lasting benefits beyond its operational footprint.
Organizational Structure
Pembina operates through three primary divisions, each playing a distinct and complementary role within the broader organization:
Pipelines Division – This division includes the Company’s conventional, oil sands, and heavy oil pipeline systems, as well as related storage assets. It serves as a critical link between upstream production and downstream markets, providing transportation solutions across Western Canada and into key U.S. markets.
Facilities Division – This segment encompasses natural gas gathering and processing operations, fractionation facilities, and related infrastructure. The Facilities Division supports producers by extracting and processing valuable components from natural gas streams, enhancing product value and enabling efficient market delivery.
Marketing & New Ventures Division – This division focuses on optimizing value across Pembina’s integrated asset base through marketing activities, commodity trading, and the development of new growth initiatives. It also identifies and advances strategic projects that align with evolving market opportunities and energy transition trends.
Together, these divisions create a diversified and balanced business model that supports long-term stability and growth.
Commitment to Transparency and Investor Engagement
By filing its audited financial statements, MD&A, AIF, and Form 40-F, Pembina reaffirms its commitment to providing timely, accurate, and comprehensive information to the investment community. The Company recognizes that transparency and open communication are essential to maintaining investor confidence and supporting efficient capital markets.
Through regular reporting, investor presentations, earnings calls, and ongoing engagement initiatives, Pembina ensures that stakeholders remain informed about its financial performance, strategic priorities, and operational developments.
As it moves forward, Pembina remains focused on delivering safe, reliable, and sustainable energy infrastructure solutions while generating long-term value for its customers, employees, investors, and the communities it serves. With more than seven decades of industry experience and a diversified portfolio of critical energy assets, the Company is well positioned to navigate changing market dynamics and contribute meaningfully to North America’s evolving energy future.
