Plains All American Pipeline, L.P. and Plains GP Holdings Report First-Quarter 2017 Results
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Plains All American (PAA) PT Lowered to $33 at UBS Following 1Q
May 9, 2017 10:24 AM EDTUBS lowered its price target on Plains All American (NYSE: PAA) to $33.00 (from $34.00) while maintaining a Buy rating.... More
Plains GP Holdings (PAGP) Misses Q1 EPS by 19c
May 8, 2017 4:50 PM EDTPlains GP Holdings (NYSE: PAGP) reported Q1 EPS of $0.27, $0.19 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $0 versus the consensus estimate of $4.86 billion.
Our first quarter results reflect in-line performance from our fee-based Transportation and Facilities segments as well as our margin-based crude oil marketing activities, but were adversely impacted by weaker than anticipated performance from our NGL marketing activities, which are included in our Supply and Logistics segment, said Greg Armstrong, Chairman and CEO. NGL margins were negatively impacted by warmer weather and tighter... More
Plains All American Pipeline (PAA) Misses Q1 EPS by 10c
May 8, 2017 4:14 PM EDTPlains All American Pipeline (NYSE: PAA) reported Q1 EPS of $0.27, $0.10 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $6.67 billion versus the consensus estimate of $5.47 billion.
For earnings history and earnings-related data on Plains All American Pipeline (PAA) click here.
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