Pembina Pipeline
PBA · NYSE · Energy
$50.37
$0.97 (-1.93%) today
Market Cap
$29.29B
24h Volume
$34.2M
P/E Ratio
24.6
52w High
$51.36
52w Low
$35.31
Est. AI Revenue
2%
7-Day Sparkline (Static)
Company facts
Performance
About Pembina Pipeline
Pembina Pipeline is a Canadian energy infrastructure company that gathers, processes, transports, and markets oil, natural gas, and natural gas liquids across Western Canada. It earns most of its revenue from long term contracts tied to pipelines, gas processing plants, and terminals built long before the AI buildout began.
Its newest project relevant to AI is the Greenlight Electricity Centre, a dedicated natural gas power plant being built with Morgan Stanley Infrastructure Partners and Kineticor Asset Management to supply Meta's Sturgeon County, Alberta AI data center under a long term tolling agreement.
Founded in 1954 and headquartered in Calgary, Alberta, Pembina trades on the NYSE and TSX, employs about 2,974 people, and is led by President and CEO Scott Burrows.
Pembina Pipeline in the AI buildout
Pembina sits in the Power & Energy layer through the Greenlight Electricity Centre, a named, signed commitment to build dedicated gas fired power generation for a hyperscaler's AI data center. That project is real and sizable in absolute terms, but it sits inside a company whose revenue overwhelmingly comes from Western Canadian pipelines, gas processing, and marketing that have no connection to AI. Supercycle scores its AI exposure at 10 out of 100.
PBA is tracked in Power & Energy, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
PBA trades at $50.37, 94% of the way up its 52-week range of $35.31 to $51.36.
Market cap
Market capitalization is $29.29B, with an AI Exposure Score of 10 out of 100.
Valuation vs peers
Its P/E ratio of 24.6 is in line with the Power & Energy category median of 26.4.
Next earnings
Pembina Pipeline is next expected to report earnings on November 5, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Pembina Pipeline do?
Pembina Pipeline gathers, processes, transports, and markets oil, natural gas, and natural gas liquids across Western Canada through a network of pipelines, processing plants, and terminals.
How is Pembina Pipeline exposed to AI?
Marginally. Pembina is building the Greenlight Electricity Centre, a dedicated gas fired power plant supplying Meta's Sturgeon County AI data center, but that project is small next to Pembina's overall midstream energy business. Supercycle scores it 10 out of 100.
What are Pembina's main AI related products?
The Greenlight Electricity Centre, a natural gas power plant being developed with Morgan Stanley Infrastructure Partners and Kineticor Asset Management under a long term tolling agreement to supply Meta's Sturgeon County data center.
Is PBA a pure play AI stock?
No. Pembina's AI exposure comes from a single dedicated power project inside a much larger Western Canadian pipeline and gas processing business, which places it in the Peripheral tier of Supercycle's AI Exposure rating.
Where is Pembina based and who leads it?
Pembina Pipeline is headquartered in Calgary, Alberta, employs about 2,974 people, and is led by President and CEO Scott Burrows.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- How to find AI stocks early, and check they are real · Early AI stocks sit where AI revenue is real but still a minority, in layers the market prices late. Six steps to find candidates and check them in the filings.
- AI power stocks: who has actually signed a data center deal · Which public power companies have signed deals to supply AI data centers, what kind of power and how much, with each tracked deal read by supplier and buyer.
- Is the AI bubble bursting? What the buildout data says · AI stocks have read Fear for six weeks while the biggest buyers keep raising their spending plans. What the buildout data says about the bubble question.