05:30 PM EST, 11/05/2024 (MT Newswires) -- Pembina Pipeline ( PBA ) was last seen down 3.2% in after-hours New York trading after the company on Tuesday said its third-quarter profit rose 11%

The Western Canadian oil and gas processing and infrastructure company said it earned $385 million, or $0.60 per share, in the period, up from $346 million, or $0.58, in the year-prior .

Quarterly revenue rose to $1.84 billion, from $1.45 billion.

The company narrowed its 2024 adjusted EBITDA guidance range to $4.225 billion to $4.325 billion from $4.2 billion to $4.35 billion, and is trending towards the mid-point of the guidance range.

The company will pay a fourth quarterly dividend of $0.69 on December 31.

Pembina's shares were last seen down US$1.35 to US$40.90 after hours. They closed up $0.06 to $58.49 on the Toronto Stock Exchange.