Zacks Investment Research upgraded shares of PEMBINA PIPELN (PBA) from UNDERPERFORM to NEUTRAL on October 09, 2012, with a target price of $28.90.
Pembina Pipeline Corporation operates as an energy transportation and service provider. The Company operates in four segments Conventional Pipelines, Oil Sands & Heavy Oil, Midstream & Marketing, and Gas Services. The Conventional Pipelines segment operates a pipeline network that transports crude oil, condensate, and natural gas liquids in Alberta and British Columbia. The Oil Sands & Heavy Oil segment owns and operates pipelines which deliver synthetic crude oil produced from oil sands. The Midstream & Marketing segment offers storage, terminal, and hub services. The Gas Services segment consists of natural gas gathering and processing facilities. Pembina Pipeline Corporation, formerly known as Pembina Pipeline Income Fund, is headquartered in Calgary, Canada.
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