Plains All American Pipeline and Plains GP Holdings Report Fourth-Quarter and Full-Year 2020 Results

Go back to Plains All American Pipeline and Plains GP Holdings Report Fourth-Quarter and Full-Year 2020 Results

Plains GP Holdings (PAGP) Reports Q4 Loss of $0.11, Revenues Miss

February 9, 2021 4:59 PM EST

Plains GP Holdings (NASDAQ: PAGP) reported Q4 EPS of ($0.11). Revenue for the quarter came in at $5.96 billion versus the consensus estimate of $6.06 billion.

Summary Highlights

Reported fourth-quarter and full-year 2020 net cash flow from operations of $258 million and $1,514 million, respectively, and a net loss of $28 million and $2,590 million, respectively. Reported full-year net loss incorporates the impact of $3.4 billion of non-cash goodwill and asset impairment charges incurred in the yearDelivered fourth-quarter and full-year 2020 Adjusted EBITDA of $559 million and $2,560 million, respectively (full-year results within 1% of... More

Plains All American Pipeline (PAA) Misses Q4 EPS by 43c

February 9, 2021 4:38 PM EST

Plains All American Pipeline (NASDAQ: PAA) reported Q4 EPS of ($0.11), $0.43 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $5.96 billion versus the consensus estimate of $6.12 billion.

For earnings history and earnings-related data on Plains All American Pipeline (PAA) click here.

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