Plains All American (PAA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - Plains All American Pipeline (PAA) reported revenue of $12.4 billion for the quarter ended December 2024, a decrease of 2.3% year-over-year [1] - Earnings per share (EPS) remained unchanged at $0.42 compared to the same quarter last year [1] - The reported revenue was 3.10% below the Zacks Consensus Estimate of $12.8 billion, and the EPS was 4.55% below the consensus estimate of $0.44 [1] Key Metrics - Crude oil pipeline tariff volumes totaled 9,028 thousand barrels per day, lower than the estimated 10,034.47 thousand barrels per day [4] - Revenues from NGL (Natural Gas Liquids) were reported at $535 million, exceeding the average estimate of $273.70 million [4] - The year-over-year change in NGL revenues was a decline of 14.1% [4] - Segment Adjusted EBITDA for NGL was $154 million, slightly below the average estimate of $157.16 million [4] - Segment Adjusted EBITDA for crude oil was reported at $569 million, compared to the average estimate of $592.14 million [4] Stock Performance - Shares of Plains All American have returned +6.8% over the past month, outperforming the Zacks S&P 500 composite's +1.9% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]