Welcome to our dedicated page for Plains All Amer news (Ticker: PAA), a resource for investors and traders seeking the latest updates and insights on Plains All Amer stock.
Plains All American Pipeline, L.P. operates as a publicly traded master limited partnership focused on midstream energy infrastructure and logistics for crude oil and natural gas liquids. Its network includes pipeline gathering and transportation systems, terminals, storage, processing, fractionation and related assets serving producing basins, transportation corridors, market hubs and export outlets in the United States and Canada.
Recurring PAA news covers operating and financial results, quarterly cash distributions on common and preferred units, capital-structure updates, material agreements and portfolio actions. Company updates also include developments tied to crude oil systems such as EPIC/Cactus III, NGL infrastructure, credit and debt financing activity, and coordination with Plains GP Holdings on distribution and earnings announcements.
Plains All American Pipeline (Nasdaq:PAA) and Plains GP Holdings (Nasdaq:PAGP) declared second quarter 2026 distributions and set earnings timing.
PAA and PAGP will pay $0.4175 per common unit/Class A share on August 14, 2026, and release Q2 2026 earnings on August 7, 2026.
Plains All American (Nasdaq:PAA) announced that its 2025 Schedule K-3, covering items of international tax relevance, is now available online for unitholders.
Access is via www.taxpackagesupport.com/plainsallamerican, with email copies available through Tax Package Support at (866) 872-2829.
Plains All American Pipeline (Nasdaq:PAA) and Plains GP Holdings (Nasdaq:PAGP) updated 2026 capital spending guidance. Growth capital is now expected at $400–$450 million net to PAA, up from about $350 million, while maintenance capital remains near $185 million.
The higher budget funds Permian and Canadian gathering projects, including the New Mexico Delaware Basin, which are expected to support Plains’ EBITDA profile in 2027 and align with stronger oil market conditions and plans to return more capital to unitholders.
Plains All American Pipeline (Nasdaq:PAA) and Plains GP Holdings completed the sale of Plains Midstream Canada, which held most of PAA’s Canadian NGL business, to Keyera.
The deal generated about $3.3 billion in net cash, to be used mainly for debt repayment, and is expected to move leverage toward the middle of Plains’ 3.25–3.75x target range.
Plains All American Pipeline (Nasdaq:PAA) and Plains GP Holdings (Nasdaq:PAGP) appointed Cynthia B. Taylor as an independent Class III director of PAA GP Holdings.
She will serve on the Compensation and Health, Safety, Environmental and Sustainability committees and brings 30+ years of energy-sector and public company leadership experience.
Plains All American (Nasdaq: PAA) reported Q1 2026 results and raised full‑year guidance. Q1 net income attributable to PAA was $152 million; Q1 Adjusted EBITDA attributable to PAA was $730 million. Pro forma leverage was 4.1x at quarter‑end. The company increased the midpoint of 2026 Adjusted EBITDA guidance by $130 million to $2.880 billion ± $75 million and raised full‑year Adjusted Free Cash Flow guidance to approximately $1.85 billion (excluding certain items). The pending Canadian NGL divestiture is expected to close in May 2026 and has been classified as discontinued operations.
Plains All American Pipeline (Nasdaq: PAA) and Plains GP Holdings provided an update on the planned sale of their Canadian NGL business to Keyera Corp.
PAA and affiliates received a filing from the Canadian Competition Bureau challenging the transaction; the filing does not legally block closing. Keyera and PAA intend to close the deal in May 2026. Completion will make Plains a pure play crude oil midstream company with integrated Canada-to-Gulf Coast assets.
Plains All American Pipeline (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) declared quarterly cash distributions for Q1 2026 payable May 15, 2026, to holders of record May 1, 2026. PAA and PAGP distributions are $0.4175 per common/unit; PAA Series A is $0.61524; Series B quarterly floating distribution is $19.84.
The companies warned part of PAGP’s 2026 distributions may be taxable as dividends due to a pending NGL assets sale and said Form 8937 will clarify tax treatment. Q1 2026 earnings release is scheduled pre-market May 8, 2026, with a 9:00 a.m. CT earnings call.
Plains All American Pipeline (Nasdaq: PAA) and Plains GP Holdings provided an updated timing for the sale of their Canadian NGL business to Keyera Corp, now expected to close in May 2026.
The transaction is progressing through regulatory review by the Competition Bureau; Plains and Keyera are conducting integration planning to support a smooth transition. Completion would refocus Plains into a pure play crude oil midstream company with integrated assets from Canada to the U.S. Gulf Coast.
Plains All American (Nasdaq: PAA) reported fourth-quarter 2025 net income attributable to PAA of $342 million and full-year 2025 net income of $1.435 billion. Net cash provided by operating activities was $785 million in Q4 and $2.94 billion for 2025. Adjusted EBITDA attributable to PAA totaled $738 million in Q4 and $2.833 billion for 2025.
The company expects 2026 Adjusted EBITDA midpoint of $2.75 billion (+/− $75 million), announced a $0.15 per unit annualized distribution increase (10%), and noted a pro forma leverage ratio of 3.9x with an anticipated NGL divestiture closing in Q1 2026.