PAA

In the past six months, Plains All American Pipeline LP's stock has experienced several notable events. As of May 1, 2026, the share price was $22.36, a 38.28% increase over the past year, reaching a 52-week high of $22.93 around April 30, 2026. PAA reported first-quarter 2026 results on May 8, 2026, with net income attributable to PAA of $152 million and adjusted EBITDA of $730 million, raising its full-year 2026 Adjusted EBITDA guidance by $130 million to a midpoint of $2.880 billion. The reported EPS of $0.39 for Q1 2026 missed the consensus estimate of $0.41, and crude oil pipeline tariff volumes and NGL revenues were below analyst estimates. Previously, on February 6, 2026, PAA reported fourth-quarter and full-year 2025 results, with Q4 2025 Adjusted EBITDA from Crude Oil increasing by 7% compared to Q4 2024. The company also announced efficiency initiatives targeting $100 million in cost savings through 2027. A significant event is the planned divestiture of its Canadian NGL business to Keyera Corp for approximately $3.75 billion, expected to close in May 2026, repositioning Plains as a pure-play crude oil midstream company, although the Canadian antitrust watchdog has sought to challenge this deal.