Plains All American Pipeline and Plains GP Holdings Report Third-Quarter 2020 Results
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Plains GP Holdings (PAGP) Misses Q3 EPS by 14c
November 2, 2020 5:07 PM ESTPlains GP Holdings (NYSE: PAGP) reported Q3 EPS of $0.09, $0.14 worse than the analyst estimate of $0.23.
For earnings history and earnings-related data on Plains GP Holdings (PAGP) click here.
... MorePlains All American Pipeline (PAA) Tops Q3 EPS by 13c, Revenues Beat
November 2, 2020 4:31 PM ESTPlains All American Pipeline (NYSE: PAA) reported Q3 EPS of $0.46, $0.13 better than the analyst estimate of $0.33. Revenue for the quarter came in at $5.83 billion versus the consensus estimate of $5.42 billion.
Summary Highlights
Reported net income for the quarter of $143 millionDelivered third-quarter 2020 Adjusted EBITDA of $682 millionCompleted the sale of LA Basin Terminals (closed October 15, 2020) for approximately $200 million (brings year-to-date asset sales proceeds to approximately $450 million)Increased full-year 2020 Adjusted EBITDA guidance to +/- $2.585 billion (increase of $85 million, or... More