Plains All American Narrows 2026 Adjusted EBITDA Guidance Amid Permian Growth Targets
Plains All American Pipeline, L.P. (PAA) reported a strong third quarter with adjusted EBITDA attributable to Plains reaching $711 million. Following these results, the company has narrowed its 2026 adjusted EBITDA guidance to a range of $2.88 billion, plus or minus $50 million. The company is strategically focusing on expansion within the Permian Basin, targeting growth of approximately 200,000 barrels per day (bpd). This move underscores PAA's commitment to increasing throughput and strengthening its market position in key energy-producing regions.
Tickers: $PAA
Topics: adjusted EBITDA financial results quarterly earnings
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Part of the story Plains All American narrows 2026 adjusted EBITDA guidance to $2.88B +/-$50M as it targets about 200,000 bpd Permian growth (2 articles)