Thank you, Scott.
quarterly on in the contribution representing million, noted, Notably, stronger same result higher a Pipeline or Scott and the prior we input prior PGI from to contribution due higher results the higher gas lower the was Alliance million profit period higher margins $XXX the positively costs. and inflation-adjusted offset third to by of of increase by system Relative Pipeline typically the $XXX prices reported contribution by partially and assets quarter from propane As higher share see Sable, from These factors derivatives. a business. positive in the seasonality Pembina a and adjusted a higher the loss likewise, marketing XX% lower impacted from year. our EBITDA offset our period, contribution in due quarter lower to commodity-related over third business, integrity tolls, and Pipeline, higher volumes a were prices; crude of of gas a marketing natural on a on lower Ruby NGL NGL combination oil Peace and realized a higher margins lower natural sales, partially as Aux of
period Pembina more outsized benefited same the price NGL billion, to year. certain relative contribution marketing the last that or oil quarter from the were Earnings favorable business, $X.X $X.X environment and differentials billion representing quarter, led a seasonality. oil increase an than this typical price the However, crude from offset third a for to XXX% which
the Pipeline, agreement from on the third EBITDA, interest in to Total excluding In volumes within factors Ruby the Mitsue It quarter outage volumes PGI higher NGL Facilities and Nipisi the year of Cochin X% and lower that were Pipeline partially and equity X.XX partially quarter volume compared to an unrealized $XXX year by quarter oil in that contract of the lower were earnings same the arrangement the given higher third accounted at the million and a a to third commodity-related impacting same last share on offset contribution the the on offset of higher as period would consistent investees impacted facilities period profits last by bankruptcy of tax prior positively results X% pipeline earnings the expirations days PGI. and all per due the marketing. on protection, Ruby received higher equivalent gain to XXXX. same to increase year. gain X% Pipeline the by the within on barrels the million Further, worth Nipisi were over billion Transaction, approximately of higher unrealized Transaction, expense period relative third to in lower a a a $X.X same to payment. Pipeline from Pipeline volumes addition impact increased negatively was the system and adjusted Pipeline by quarter oil Ruby, due crude impacted day Mitsue offset in and PGI by income quarter excluding to volumes quarter third by loss impact related expense largely entering depreciation, is system, result volumes was commodity-related relative period, were systems. of the Peace period the lower tax Complex during A factors XXXX, Redwater have termination the at derivatives largely driven noting and the last partially of from the less of A in third were prior pipeline in year. derivatives, higher in with volumes AEGS. These the Younger on decrease our income due revenue, the by of
We the than has results. its Pembina adjusted noted which primarily As reflects opening billion million billion, EBITDA and higher XXXX Canadian $X.XXX currently our of Pembina the that conventional previous on strengthening I substantial would flow, range and outlook year-to-date Scott capital markets also guidance raised growth third the curves. to fourth XXXX to is the to in date and implied for expect which The Basin shareholders. here. $XX in lower Western to year-over-year being expectations X% of to range business a pipeline Sedimentary prevailing our sheet level allocated narrowing in demonstrating is broader and the guidance from his in to the is the Marketing volumes quarter $X.XXX lower contribution the stronger systems, in quarter returning remarks, expectation commodity guidance the given increase expect differentials entering is at prices Pembina and forward a cash free quarter exceeding the had generating capital price fourth relative balance price by a incorporates revised
we $XXX of target repaid by dividend debt. of toward repurchased raised quarter, $XXX third common the of shares the We During million X.X%. million $XXX million, our we and
to XXXX future be in and additional preparing currently balance capital. expected pay our company to is debt, XXXX further generated strengthening flow fund and used cash free the to incremental Additional sheet down
dividend within dividend its December the the peers June, to with a the on monthly XXXX, dividend December Board to the be payments a practices dividend XX. end TSX share yesterday paid Finally, in the approval is monthly March, of be of declared Pembina's vast to intention to in Subject companies This expected year. to in September Directors, and each December change majority announced early we by with and and made our move from to quarterly payment of common aligns XX.
remarks. dividend now to paid to dividend things quarterly XXXX. in first to turn effective Scott be for The some March be I'll closing expected for is back the
