Plains All American Pipeline LP reports results for the quarter ended June 30 - Earnings Summary

Plains All American Pipeline LP

07/08/2026 14:31

Plains All American Pipeline LP PAA.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 36 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 24 cents to 45 cents per share.
Revenue rose 66.3% to $17.69 billion from a year ago; analysts expected $12.50 billion. 
Plains All American Pipeline LP's reported EPS for the quarter was $2.51​.
The company reported quarterly net income of $1.83 billion.
Plains All American Pipeline LP shares had risen by 5.7% this quarter and gained 31.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.4% in the last three months.​ 
In the last 30 days, four analysts negatively revised earnings estimates
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 $24.50, about 4% above its last closing price of $23.52
This summary was machine generated from LSEG data August 7 at 01:31 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
Jun. 30 2026 
0.36
0.41
Beat
Mar. 31 2026 
0.41
0.39
Missed
Dec. 31 2025 
0.41
0.40
Missed
Sep. 30 2025 
0.35
0.39
Beat