Pembina Pipeline posts drop in profit, has gas pipeline expansions in the works

The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo. THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*

CALGARY - Pembina Pipeline Corp. posted a profit of $286 million during the third quarter, a drop from the $385 million it earned during the same period a year earlier. 

The profit amounted to 43 cents per share versus 60 cents per share during the third quarter of 2024. 

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