Plains All American Pipeline falls after Q4 miss

Plains All American Pipeline LP

06/02/2026 13:33

** Shares of Plains All American Pipeline PAA.O fall 1.8% to $19.62 premarket

** Company reports Q4 revenue of $10.57 billion, below analysts' average estimate of $12.73 billion - data compiled by LSEG

** Posts Q4 adjusted EPS of 40 cents vs estimate of 41 cents

** "For 2026, the team is focused on closing the pending NGL sale, realizing synergies on the Cactus III acquisition and driving efficiency initiatives throughout the organization," says CEO Willie Chiang

** Chiang says these self-help actions provide levers for efficient growth in an otherwise volatile near-term oil macro environment

** PAA up marginally in 2025

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))