Pembina Pipeline Announces Update To Its 2018 Guidance Range - Quick Facts

(RTTNews) - Pembina Pipeline Corp. (PPL.TO, PBA) announced that based on strong year-to-date results and the outlook for the remainder of the year, the company has updated its 2018 adjusted EBITDA guidance range to $2.65 to $2.75 billion.

Mick Dilger, Pembina's CEO, said: "We are seeing strong customer demand for our services, leading to increased utilization in the Pipelines and Facilities Divisions, and rising commodity prices are driving solid performance in our Marketing business. Accordingly, we are raising the bottom end of our guidance range by $100 million."