Plains All American Pipeline (PAA)
Handles crude oil through gathering, pipelines, terminals, storage, and merchant operations across North America.
$24.73
vs last close−0.26 (−1.06%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12,071 | 12,698 | 11,995 | 12,757 | 12,743 | 12,402 | 12,011 | 10,642 | 11,578 | 10,564 | 12,382 | 17,693 |
| Cost of revenue | 11,738 | 12,194 | 11,529 | 12,344 | 483 | 12,061 | 11,391 | 10,279 | 11,103 | 9,852 | 12,036 | 16,884 |
| Gross profit | 333 | 504 | 466 | 413 | 12,260 | 341 | 620 | 363 | 475 | 712 | 346 | 809 |
| 99 | 79 | 96 | 81 | 11,913 | 253 | 87 | 124 | −9 | 358 | 81 | 411 | |
| 92 | 87 | 96 | 79 | 98 | 94 | 100 | 82 | 83 | 98 | 81 | 110 | |
| General & administrative | 92 | 87 | 96 | 79 | 98 | 94 | 100 | 82 | 83 | 98 | 81 | 110 |
| Other expenses | 7 | −8 | 0 | 2 | 11,815 | 159 | −13 | 42 | −92 | 260 | 0 | 301 |
| Operating income | 234 | 425 | 370 | 332 | 347 | 88 | 533 | 239 | 484 | 354 | 265 | 398 |
| 31 | 13 | −5 | 18 | 10 | 77 | 33 | −8 | −25 | −31 | 70 | −22 | |
| Interest income | 10 | 0 | 0 | 19 | 23 | 23 | 25 | 23 | 23 | 0 | 23 | 0 |
| Interest expense | 97 | 96 | 95 | 111 | 113 | 112 | 127 | 133 | 135 | 159 | 167 | 153 |
| Other non-operating income | −128 | −109 | −90 | −129 | −123 | −189 | −160 | −125 | −110 | −128 | −237 | −131 |
| Income before tax | 265 | 438 | 365 | 350 | 357 | 165 | 566 | 231 | 459 | 323 | 335 | 376 |
| Income tax expense | −14 | 39 | 14 | 52 | 45 | 45 | 50 | 4 | 6 | −2 | 1 | 100 |
| Net income from continuing operations | 279 | 399 | 351 | 298 | 312 | 120 | 516 | 227 | 453 | 325 | 334 | 276 |
| Discontinued operations | 0 | 0 | 0 | 32 | 0 | 0 | 0 | 70 | 76 | 102 | −103 | 1,649 |
| Net income | 203 | 312 | 266 | 250 | 220 | 36 | 443 | 210 | 441 | 342 | 152 | 1,830 |
| EPS, basic | $0.20 | $0.35 | $0.29 | $0.26 | $0.22 | −$0.04 | $0.49 | $0.23 | $0.55 | $0.41 | $0.14 | $2.51 |
| EPS, diluted | $0.20 | $0.35 | $0.29 | $0.26 | $0.22 | −$0.04 | $0.49 | $0.23 | $0.55 | $0.41 | $0.14 | $2.51 |
| Weighted average shares, basic | 700 | 701 | 701 | 701 | 702 | 704 | 704 | 703 | 704 | 706 | 706 | 706 |
| Weighted average shares, diluted | 700 | 701 | 701 | 701 | 702 | 704 | 704 | 703 | 704 | 706 | 706 | 706 |
| EBITDA | 623 | 806 | 714 | 656 | 728 | 534 | 955 | 568 | 824 | 739 | 745 | 771 |
| Depreciation & amortization | 261 | 272 | 254 | 195 | 258 | 257 | 262 | 204 | 230 | 257 | 243 | 242 |
| EBIT | 362 | 534 | 460 | 461 | 470 | 277 | 693 | 364 | 594 | 482 | 502 | 529 |
