Plains All American Pipeline: Mixed Q1 Results; Updates FY26 Outlook

Plains All American Pipeline press release (PAA): Q1 Non-GAAP EPS of $0.39 misses by $0.03. - Revenue of $12.47B (+8.6% Y/Y) beats by $450M. - Delivered first-quarter Adjusted EBITDA attributable to PAA of $730 million. - Pro forma leverage ratio of 4.1x at

Plains All American Pipeline press release (PAA): Q1 Non-GAAP EPS of $0.39 misses by $0.03. – Revenue of $12.47B (+8.6% Y/Y) beats by $450M. – Delivered first-quarter Adjusted EBITDA attributable to PAA of $730 million. – Pro forma leverage ratio of 4.1x at

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