Plains All American Pipeline and Plains GP Holdings Announce Timing of First-Quarter 2023 Earnings
Rhea-AI Summary
Plains All American Pipeline (PAA) will announce its first-quarter 2023 earnings on May 5, 2023, before market open. A joint webcast with Plains GP Holdings (PAGP) is scheduled for the same day at 10:00 a.m. ET. The call will address PAA's performance for the quarter, its capitalization and liquidity, and provide financial guidance for 2023. The accompanying presentation will be available on their website prior to the call. Following the live call, an audio replay and transcript will be accessible on their investor relations page. PAA operates a vast midstream energy infrastructure, handling over 7 million barrels per day of crude oil and natural gas liquids in North America.
Positive
- Scheduled earnings release may indicate strong communication with investors.
- PAA's extensive operations handling over 7 million barrels per day highlight robust infrastructure.
Negative
- None.
News Market Reaction – PAA
In the trading session that priced this news, PAA gained 1.32%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, April 06, 2023 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced they will release first-quarter 2023 earnings before market open on Friday, May 5, 2023 and will hold a joint webcast on the same day as follows:
What: First-quarter 2023 earnings webcast
When: Friday, May 5, 2023 10:00 a.m. ET; 9:00 a.m. CT
Where: www.plains.com or https://edge.media-server.com/mmc/p/fm5sgxph
How: Live over the internet – log on at either of the addresses above
Specific items we intend to address on the call include:
- PAA's first-quarter 2023 performance;
- Capitalization and liquidity; and
- 2023 Financial guidance
The slide presentation accompanying the conference call materials will be posted prior to the call at www.plains.com under the “Investor Relations” sections of the website (Navigate to: Investor Relations / either “PAA” or “PAGP” / News & Events / Quarterly Earnings).
An audio replay will be available on the website after the call. Additionally, a transcript will be included within the 1Q23 Earnings Package found within the “Investor Kit” section of the above referenced website.
PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA handles more than 7 million barrels per day of crude oil and NGL.
PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America.
PAA and PAGP are headquartered in Houston, Texas. More information is available at www.plains.com.
Investor Relations Contacts:
Blake Fernandez
Michael Gladstein
Michael Millik
(866) 809-1291
