Core Insights - Plains All American Pipeline (PAA) reported a revenue of $10.64 billion for the quarter ended June 2025, reflecting a year-over-year decline of 17.7% [1] - The earnings per share (EPS) for the same period was $0.36, an increase from $0.31 a year ago, resulting in an EPS surprise of +20% against the consensus estimate of $0.30 [1] - The reported revenue fell short of the Zacks Consensus Estimate of $12.05 billion by -11.68% [1] Financial Performance Metrics - Total crude oil pipeline tariff volumes were reported at 9,659 thousand barrels, compared to the estimated 10,382.16 thousand barrels by analysts [4] - Revenues from NGL (Natural Gas Liquids) were $26 million, significantly lower than the average estimate of $139.11 million, marking a year-over-year decline of -91.1% [4] - Segment Adjusted EBITDA for NGL was reported at $87 million, exceeding the average estimate of $68.82 million [4] - Segment Adjusted EBITDA for crude oil was $580 million, slightly below the average estimate of $598.78 million [4] Stock Performance - Shares of Plains All American have returned -4.7% over the past month, contrasting with the Zacks S&P 500 composite's +1.9% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Insights - Analysts expect Plains All American Pipeline (PAA) to report quarterly earnings of $0.30 per share, reflecting a year-over-year decline of 3.2% [1] - Revenue projections stand at $12.05 billion, indicating a decrease of 6.8% compared to the same quarter last year [1][2] Earnings Estimates Revisions - The consensus EPS estimate has been revised downward by 8.5% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are crucial for predicting investor actions and have shown a strong correlation with short-term stock price performance [3] Key Metrics Projections - Estimated 'Revenues- NGL' is projected at $139.11 million, down 52.5% year-over-year [5] - 'Crude oil pipeline tariff volumes- Total' are expected to reach 10,382.16 thousand barrels per day, an increase from 8,938.00 thousand barrels per day in the previous year [5] - 'Segment Adjusted EBITDA- NGL' is anticipated to be $68.82 million, down from $94.00 million in the same quarter last year [6] - 'Segment Adjusted EBITDA- Crude oil' is expected to be $598.78 million, compared to $576.00 million reported in the same quarter last year [6] Market Performance - Over the past month, Plains All American shares have declined by 2.3%, while the Zacks S&P 500 composite has increased by 1% [6] - PAA holds a Zacks Rank of 4 (Sell), suggesting it may underperform the overall market in the near term [6]