Pembina Pipeline Corporation

Corporate Finance:Energy

Summary

Pembina Pipeline Corporation owns and manages the largest feeder crude oil and natural gas liquids pipeline systems (45% of EBITDA in the 12 months ending June 30, 2010) in British Columbia and Alberta, as well as oil sands and heavy oil infrastructure systems (21%), which primarily service Syncrude Canada Ltd. and Canadian Natural Resources Limited. It also operates a growing midstream portfolio (29%) and gas services business (5%).