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Plains All American Pipeline LP (PAA) guidance history: what it guided and what it reported

Plains All American Pipeline LP gave guidance in 4 earnings releases on file since Aug 2, 2024. Its releases raised guidance twice and lowered it 4 times.

Adjusted EBITDA

The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.

PeriodGuided (and how it moved)ReportedResultvs midpoint
FY2026$2.8B–$2.9B (Nov 6, 2026)—to be reported—
FY2024$2.7B–$2.8B (Aug 2, 2024)———

Adjusted free cash flow

The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.

PeriodGuided (and how it moved)ReportedResultvs midpoint
FY2026$1.8B (Feb 6, 2026) → raised $1.9B (May 8, 2026)—to be reported—
FY2024$1.6B (Aug 2, 2024)———

The latest quarter

Plains All American Pipeline LP, Q3 2026: revenue $15.2B (+31% year over year), operating margin 3.4%, net earnings $363M, operating cash flow $669M. The chart follows the revenue to costs, profit and cash.

Questions

Does Plains All American Pipeline LP beat its guidance?

Plains All American Pipeline LP gave guidance in 4 earnings releases on file since Aug 2, 2024. Its releases raised guidance twice and lowered it 4 times.

How often does Plains All American Pipeline LP raise guidance?

Its earnings releases raised guidance twice and lowered it 4 times since Aug 2, 2024.

Latest guidance and outlook →

Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.