Plains All American Pipeline, L.P. and Plains GP Holdings Report First-Quarter 2020 Results; Update 2020 Guidance

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Go back to Plains All American Pipeline, L.P. and Plains GP Holdings Report First-Quarter 2020 Results; Update 2020 Guidance

Plains All American Pipeline (PAA) Tops Q1 EPS by 10c

May 5, 2020 4:49 PM EDT

Plains All American Pipeline (NYSE: PAA) reported Q1 EPS of $0.55, $0.10 better than the analyst estimate of $0.45. Revenue for the quarter came in at $8.27 billion versus the consensus estimate of $9.01 billion.

Summary

Reported a net loss for the period of $2.8 billion including the impact of approximately $3.2 billion of... More