Pembina Pipeline Corporation operates in the Refined petroleum pipelines sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Pembina Pipeline with three other
pipeline companies in North America:
Inter Pipeline Ltd
(2020
sales of 2.40 billion Canadian Dollars [US$1.90 billion]
of which 36%
was Oil sands Transportation),
Magellan Midstream Partners, L.P.
of UNITED STATES
($2.43 billion
of which 75%
was Refined Products), and
Nustar Energy L P
which is
also
based in UNITED STATES
($1.48 billion
of which 49%
was Pipeline).
Sales Analysis.
During the second
quarter of 2021, sales at Pembina Pipeline totalled
C$1.95 billion.
This is
an increase of 54.1%
from the C$1.27 billion in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled C$4.00 billion, which is
36.1% higher
than through the first two quarters of 2020.
Pembina Pipeline reported sales of C$6.20 billion (US$4.90 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 14.2%
versus 2019, when the company's sales were C$7.23 billion.
Contributing to the drop in overall sales was the 33.3% decline
in Marketing and New Venture Division, from C$4.80 billion to C$3.21 billion.
.
However, these declines were partially offset by the increase in sales of
Pipeline Division (up 27.6% to C$2.11 billion)
and
Facilities Division (up 14.9% to C$892.00 million)
.