News Release

Pembina Pipeline Corporation Files 2018 Year-End Disclosure Documents

CALGARYFeb. 22, 2019 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has filed its audited Consolidated Financial Statements for the year ended December 31, 2018 as well as the related Management's Discussion and Analysis, with Canadian securities regulatory authorities. Pembina has also filed its Form 40-F for the year ended December 31, 2018 with the U.S. Securities and Exchange Commission. Investors and other stakeholders can obtain these documents via www.sedar.comwww.sec.gov (for the Form 40-F), www.pembina.com under Investor Centre, or they may request a printed copy free of charge by contacting Investor Relations at [email protected] or 1-855-880-7404.

About Pembina

Calgary-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America's energy industry for over 60 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. The Company also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. Pembina's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina's service offering even further along the hydrocarbon value chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canadian Sedimentary Basin and the other basins where Pembina operates can reach the highest value markets throughout the world.

Purpose of Pembina:

To be the leader in delivering integrated infrastructure solutions connecting global markets;

  • Customers choose us first for reliable and value-added services;

  • Investors receive sustainable industry-leading total returns;

  • Employees say we are the 'employer of choice' and value our safe, respectful, collaborative and fair work culture; and

  • Communities welcome us and recognize the net positive impact of our social and environmental commitment.

Pembina's strategy is to:

  • Preserve Value by providing safe, environmentally conscious, cost-effective and reliable services;

  • Diversify by providing integrated solutions which enhance profitability and customer service;

  • Implement Growth by pursuing projects or assets that are expected to generate cash flow per share accretion and capture long-life, economic hydrocarbon reserves; and

  • Secure Global Markets by understanding what the world needs, where they need it, and delivering it.

Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.

Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.

SOURCE Pembina Pipeline Corporation