Plains GP Holdings: Q3 Earnings Insights

Shares of Plains GP Holdings PAGP were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 11.54% year over year to $0.46, which beat the estimate of $0.25.

Revenue of $5,833,000,000 decreased by 26.03% from the same period last year, which missed the estimate of $6,330,000,000.

Outlook

Plains GP Holdings hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 02, 2020

Time: 05:30 PM

ET Webcast URL: https://event.webcasts.com/starthere.jsp?ei=1378562&tp_key=8945f97d3b

Price Action

Company's 52-week high was at $20.02

Company's 52-week low was at $3.04

Price action over last quarter: down 20.57%

Company Overview

Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Assets are geographically diverse, spanning the United States and in Alberta, Canada, but heavily concentrated in major U.S. shale basins like the Permian, Stack, and Bakken.