CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Pembina Pipeline Corp. (PBA) on Thursday reported fourth-quarter profit of $512.7 million.
On a per-share basis, the Calgary, Alberta-based company said it had net income of 89 cents.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.
The oil and gas transportation and services company posted revenue of $1.81 billion in the period.
For the year, the company reported profit of $1.3 billion, or $2.20 per share. Revenue was reported as $6.7 billion.
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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