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PAA — Plains All American Pipeline LP News Story

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Plains All American Pipeline LP reports results for the quarter ended December 31 - Earnings Summary

* Plains All American Pipeline LP  PAA.OQ  reported
quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
December 31, identical to the same quarter last year.  The mean
expectation of fifteen analysts for the quarter was for earnings
of 41 cents per share. Wall Street expected results to range
from 23 cents to 48 cents per share.
    * Revenue fell 2.3% to $12.40 billion from a year ago;
analysts
expected $13.76 billion. 
    * Plains All American Pipeline LP's reported EPS for the
quarter
was a loss of 4 cents​.
    * The company reported a quarterly loss of $27 million.
    * Plains All American Pipeline LP shares had risen by 17.2%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
transportation services peer group is also "buy"

Wall Street's median 12-month price target for Plains All
American Pipeline LP is $22.00 
This summary was machine generated from LSEG data February 7 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.41           0.42           Beat
 Sep. 30 2024      0.31           0.37           Beat
 Jun. 30 2024      0.31           0.31           Met
 Mar. 31 2024      0.39           0.41           Beat

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