Pembina Pipeline PBA
NYSE PBA
$48.40 -0.22 (-0.45%)
At close: Sep 4, 2026 · 4:00 PM EDT

Pembina Pipeline (PBA) Operating Expenses (2011 - 2026)

Pembina Pipeline's (PBA) quarterly Operating Expenses came in at $132.0 million in Q2 2026, down 43.83% year-over-year from $235.0 million in Q2 2025, and down 39.73% quarter-over-quarter from $219.0 million in Q1 2026.

Analysis

Pembina Pipeline (PBA) Operating Expenses (2011 - 2026) Analysis & Trends

Pembina Pipeline has disclosed Operating Expenses across 16 years of filings, most recently posting $132.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 43.83% year-over-year to $132.0 million; the TTM figure through Jun 2026 stood at $712.0 million (down 4.43% YoY), while the FY2025 annual figure was $687.8 million, down 3.52% from the prior year.
  • Operating Expenses came in at $132.0 million for Q2 2026 at Pembina Pipeline, down from $219.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $277.0 million in Q3 2024 to a low of $7.0 million in Q4 2024.
  • Average Operating Expenses over 5 years is $160.7 million, with a median of $189.0 million recorded in 2024.
  • Year-over-year, Operating Expenses plunged 60.19% in 2023 and soared 185.71% in 2024.
  • Over 5 years, Operating Expenses stood at $76.0 million in 2022, then surged by 36.84% to $104.0 million in 2023, then tumbled by 93.27% to $7.0 million in 2024, then jumped by 1700.0% to $126.0 million in 2025, then grew by 4.76% to $132.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $132.0 million in Q2 2026, $219.0 million in Q1 2026, and $126.0 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 3.13 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 16.13 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 30.76 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 354.10 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.93 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 4.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 19.09 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 132.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 132.00 Mn
Mar 31, 2026 219.00 Mn
Sep 30, 2025 126.00 Mn
Jun 30, 2025 235.00 Mn
Mar 31, 2025 226.00 Mn
Dec 31, 2024 7.00 Mn
Sep 30, 2024 277.00 Mn
Jun 30, 2024 240.00 Mn
Mar 31, 2024 189.00 Mn
Sep 30, 2023 104.00 Mn
Jun 30, 2023 84.00 Mn
Mar 31, 2023 92.00 Mn
Sep 30, 2022 76.00 Mn
Jun 30, 2022 211.00 Mn
Mar 31, 2022 193.00 Mn
Dec 31, 2021 448.00 Mn
Sep 30, 2021 187.00 Mn
Jun 30, 2021 186.00 Mn
Mar 31, 2021 87.00 Mn
Sep 30, 2020 56.00 Mn