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Plains All American Pipeline, L.P. Bottom Line Declines In Q1

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Plains All American Pipeline, L.P. (PAA) revealed a profit for first quarter that Drops, from last year

The company's earnings came in at $152 million, or $0.14 per share. This compares with $443 million, or $0.49 per share, last year.

Excluding items, Plains All American Pipeline, L.P. reported adjusted earnings of $325 million or $0.39 per share for the period.

The company's revenue for the period rose 8.7% to $12.470 billion from $11.477 billion last year.

Plains All American Pipeline, L.P. earnings at a glance (GAAP) :

-Earnings: $152 Mln. vs. $443 Mln. last year.
-EPS: $0.14 vs. $0.49 last year.
-Revenue: $12.470 Bln vs. $11.477 Bln last year.

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