Plains All American Pipeline, L.P. (PAA) reported that its first-quarter net income attributable to Limited Partners was $528 million, or $1.27 per limited partner unit, compared to net income of $230 million, or $0.51 per limited partner unit in the year ago quarter.
Adjusted net income was $1.26 per unit, compared to $0.79 per unit in the year ago quarter.
Revenues for the quarter rose to $10.62 billion from 8.90 billion last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.98 per share on revenues of $11.27 billion for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.