CALGARY, Alberta (AP) _ Pembina Pipeline Corp. (PBA) on Thursday reported fourth-quarter profit of $109.9 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 16 cents.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The oil and gas transportation and services company posted revenue of $1.33 billion in the period.
For the year, the company reported profit of $1.12 billion, or $2 per share. Revenue was reported as $5.45 billion.
Pembina Pipeline shares have declined 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $36.62, decreasing slightly in the last 12 months.