PAA Earnings Drop 17%
Plains All American Pipeline (NASDAQ:PAA), a major midstream energy company specializing in crude oil and natural gas liquids (NGL) transportation, reported results for Q2 2025 on August 8, 2025. The most notable news was a significant miss on revenue and earnings versus analyst expectations, with GAAP EPS of $0.21 and GAAP revenue of $10,642 million, both below estimates. Revenue reached $10.64 billion, compared to an estimate of $13.41765 billion. However, GAAP earnings per share were $0.21, well below the $0.32 consensus. Compared with the prior year, revenue fell by 16.6% in Q2 2025. Net income dropped 16.0% in Q2 2025, and Adjusted free cash flow declined 15% in Q2 2025. While operating volumes grew in key pipeline systems, Fewer market opportunities and lower commodity prices offset gains from expanded pipeline activity and recent bolt-on acquisitions. Overall, the quarter highlighted stable operations in core assets but.
Source: Analyst estimates for the quarter provided by FactSet.
Plains All American Pipeline owns and operates one of North America's largest networks of crude oil and NGL pipelines, terminals, and storage assets. Its system spanned about 18,800 miles of crude oil pipelines and 1,775 miles of NGL pipelines as of December 31, 2024, connecting key production regions like the Permian Basin to major market hubs. The business primarily collects, transports, stores, and markets oil and NGLs, making it a critical conduit between producers and end markets.
Source Fool.com
