Plains All American Pipeline (PAA) Tops Q2 EPS by 3c

Plains All American Pipeline, L.P. and Plains GP Holdings Report Second-Quarter 2016 Results

August 2, 2016 4:07 PM EDT

HOUSTON--(BUSINESS WIRE)-- Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today reported second-quarter 2016 results.

Plains All American Pipeline, L.P.

Summary Financial Information (1) (unaudited)

    (in millions, except per unit data)   Three Months Ended       Six Months Ended June 30, June 30,     2016       2015   %

Change

  2016     2015 %

Change

Net income attributable to PAA $ 101 $ 124 (19 )% $ 302 $ 407 (26 )% Diluted net income/(loss) per common unit $ (0.20 ) $ (0.06 ) (233 )% $ (0.13 ) $ 0.29 (145 )% Diluted weighted average common units outstanding 398 397 -... More