Plains All American Pipeline Q4 net income of $342M misses estimates

Plains All American Pipeline (NYSE:PAA), a leading midstream energy company focused on transportation, storage, and marketing of crude oil and natural gas liquids, today reported financial results for the fourth quarter and full year ended December 31, 2025.

During the period under review, the company posted net income of $342 million, or 41 cents per share.

Earnings adjusted to account for discontinued operations were 40 cents per share, falling short of the average analyst estimate of 47 cents compiled by Zacks Investment Research.

Revenue totaled $10.57 billion in the quarter.

For the full year, Plains All American reported profit of $1.44 billion, or $1.66 per share, on revenue of $44.26 billion.