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

Pembina Pipeline (PPLAF) reported Operating Expenses of $159.7 million for Q1 2026, up 1.39% year-over-year from $157.5 million in Q1 2025, and up 85.58% sequentially from $86.1 million in Q4 2025.

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

Pembina Pipeline's Operating Expenses history runs 16 years deep, the most recent figure standing at $159.7 million for Q1 2026.

  • Quarterly Operating Expenses rose 1.39% year-over-year to $159.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $407.3 million (down 33.28% YoY) and the FY2025 annual result came in at $961.0 million, up 202.36% from the prior year.
  • Operating Expenses was $159.7 million for Q1 2026 at Pembina Pipeline, up from $86.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $203.1 million in Q3 2024 to a low of $70.0 million in Q2 2025.
  • Median Operating Expenses over the past 5 years was $152.4 million (2022), compared with a mean of $140.1 million.
  • Across the five-year window, Operating Expenses gained 24.71% in 2024 and slumped 60.1% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $176.8 million in 2022, then sank by 41.01% to $104.3 million in 2023, then slipped by 28.62% to $74.4 million in 2024, then rose by 15.58% to $86.1 million in 2025, then soared by 85.58% to $159.7 million in 2026.
  • Business Quant data shows PPLAF's Operating Expenses at $159.7 million in Q1 2026, $86.1 million in Q4 2025, and $91.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
10 Pembina Pipeline - - 677.43 Mn 159.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 159.70 Mn
Dec 31, 2025 86.05 Mn
Sep 30, 2025 91.56 Mn
Jun 30, 2025 70.01 Mn
Mar 31, 2025 157.50 Mn
Dec 31, 2024 -124.56 Mn
Sep 30, 2024 203.06 Mn
Jun 30, 2024 175.47 Mn
Mar 31, 2024 140.26 Mn
Dec 31, 2023 104.30 Mn
Sep 30, 2023 77.58 Mn
Jun 30, 2023 62.53 Mn
Mar 31, 2023 147.94 Mn
Dec 31, 2022 176.81 Mn
Sep 30, 2022 172.52 Mn
Jun 30, 2022 165.50 Mn
Mar 31, 2022 152.37 Mn
Dec 31, 2021 163.43 Mn
Sep 30, 2021 148.55 Mn
Jun 30, 2021 151.32 Mn