PLAINS ALL AMERICAN PIPELINE LP
PAANasdaq
$23.87
↑ +0.5%Jul 17 close · end-of-day
Price
1Y↑ +38.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
—
Enterprise Value
—
P/E
—
P/S
—
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$45.3B
Net Income (TTM)
$1.1B
Free Cash Flow (TTM)
$2.1B
Gross Margin
—
Operating Margin
3.3%
Net Margin
2.5%
ROE
—
ROIC
—
Debt / Equity
—
Net Cash
-$11.2B
Return 1Y
+38.3%
Company profile
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids in the United States and Canada. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. The Natural Gas Liquids segment engaged in the natural gas processing, NGL fractionation, storage and transportation, and other facilities-related services.
- CEO
- Willie C. W. Chiang
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Transportation
- Employees
- 4,100
- Headquarters
- Texas
- Website
- plainsallamerican.com
Management & directors
- Chandler Chris R.EVP & COO
- Chiang Willie CwChairman & CEO
- Goebel Jeremy L.EVP & CCO
- Herbold ChrisSr. VP Finance & CAO
- Mcgee Richard K.EVP, General Counsel & Sec.
- Swanson AlEVP & CFO
Roles derived from SEC Form 4 filings.
Earnings
PAA Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$12.5B↑ +8.7%
Diluted EPS——
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $23.3B | $42.1B | $57.3B | $47.3B | $48.9B | $44.3B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$2.4B | $851.0M | $1.3B | $1.3B | $868.0M | $1.4B |
| Net income | -$2.6B | $648.0M | $1.2B | $1.5B | $1.1B | $1.8B |
| Diluted EPS | — | — | — | — | — | — |
| Operating cash flow | $1.5B | $2.0B | $2.4B | $2.7B | $2.5B | $2.9B |
| Free cash flow | $776.0M | $1.7B | $2.0B | $2.3B | $2.0B | $2.3B |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -10.2% | 2.0% | 2.3% | 2.7% | 1.8% | 3.2% |
| Net margin | -11.1% | 1.5% | 2.1% | 3.2% | 2.3% | 4.0% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.8B | $12.5B | $12.0B | $11.5B | $10.6B | $11.6B | $10.6B | $12.5B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $332.0M | $196.0M | -$16.0M | $356.0M | $239.0M | $484.0M | $355.0M | $405.0M |
| Net income | $250.0M | $220.0M | $36.0M | $443.0M | $210.0M | $441.0M | $342.0M | $152.0M |
| Diluted EPS | — | — | — | — | — | — | — | — |
| Operating cash flow | $653.0M | $691.0M | $727.0M | $639.0M | $694.0M | $817.0M | $786.0M | $418.0M |
| Free cash flow | $577.0M | $582.0M | $621.0M | $499.0M | $524.0M | $632.0M | $638.0M | $288.0M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 2.6% | 1.6% | -0.1% | 3.1% | 2.2% | 4.2% | 3.4% | 3.2% |
| Net margin | 2.0% | 1.8% | 0.3% | 3.9% | 2.0% | 3.8% | 3.2% | 1.2% |
Company news
Jul 12, 2026
Jul 11, 2026
Jul 10, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-29 | Ziemba Lawrence Michael | Sale | 2,346 | $21.95 | $51,494.70 | filing |
| 2025-08-14 | Chiang Willie CW· Chairman & CEO | Tax withholding | 220,776 | $17.78 | $3.9M | filing |
| 2025-08-14 | Chandler Chris R.· EVP & COO | Tax withholding | 89,665 | $17.78 | $1.6M | filing |
| 2025-08-14 | Goebel Jeremy L.· EVP & CCO | Tax withholding | 89,665 | $17.78 | $1.6M | filing |
| 2025-08-14 | McGee Richard K.· EVP, General Counsel & Sec. | Tax withholding | 69,544 | $17.78 | $1.2M | filing |
| 2025-08-14 | Swanson Al· EVP & CFO | Tax withholding | 69,544 | $17.78 | $1.2M | filing |
| 2025-08-14 | Herbold Chris· Sr. VP Finance & CAO | Tax withholding | 23,284 | $17.78 | $413,989.52 | filing |
| 2025-08-14 | Chandler Chris R.· EVP & COO | Option exercise | 227,864 | $0.00 | $0.00 | filing |
| 2025-08-14 | Chiang Willie CW· Chairman & CEO | Option exercise | 561,055 | $0.00 | $0.00 | filing |
| 2025-08-14 | Herbold Chris· Sr. VP Finance & CAO | Option exercise | 65,796 | $0.00 | $0.00 | filing |
| 2025-08-14 | Swanson Al· EVP & CFO | Option exercise | 176,731 | $0.00 | $0.00 | filing |
| 2025-08-14 | McGee Richard K.· EVP, General Counsel & Sec. | Option exercise | 176,731 | $0.00 | $0.00 | filing |
| 2025-08-14 | PAA GP Holdings LLC | Award | 144,500 | $0.00 | $0.00 | filing |
| 2025-08-14 | Goebel Jeremy L.· EVP & CCO | Option exercise | 227,864 | $0.00 | $0.00 | filing |
| 2025-08-14 | Goebel Jeremy L.· EVP & CCO | Gift | 138,199 | $0.00 | $0.00 | filing |
| 2025-08-14 | Goebel Jeremy L.· EVP & CCO | Gift | 138,199 | $0.00 | $0.00 | filing |
Latest 16 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.