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Pembina Pipeline: 3Q Earnings Snapshot

CALGARY, Alberta (AP) _ Pembina Pipeline Corp. (PBA) on Thursday reported third-quarter earnings of $255.6 million.

The Calgary, Alberta-based company said it had profit of 46 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The oil and gas transportation and services company posted revenue of $1.56 billion in the period.

Pembina Pipeline shares have declined nearly 9 percent since the beginning of the year. The stock has dropped 2 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBA at https://www.zacks.com/ap/PBA