The third quarter of 2017 was a memorable quarter for pipeline company Pembina Pipeline (NYSE: PBA). Back in 2013, management put together a monstrous spending plan that would make most companies the size of Pembina blush, but the company is on the precipice of completing that ambitious plan. The company may not show much change in its earnings for the quarter, but it will soon.
Let’s review Pembina’s most recent quarter, what the company accomplished with this growth plan, and where the company can go from here.
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