| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 17.7K | 41.9% | 66.3% |
| Total Income | 17.7K | 41.9% | 66.3% |
| Expenditure | 17.3K | 43.4% | 66.3% |
| PBT | 376.00 | 12.2% | 62.8% |
| Net Profit | 1.8K | 1104.0% | 771.4% |
| OPM | 2.25% | 1.00pp | 0.00pp |
| NPM | 10.34% | 9.12pp | 8.37pp |
| EPS | — |
Plains All American Pipeline Reports Pro Forma FY2025 Combined Operations
09 Sept 2026 · 9 Sept, 3:37 pm
Summary
Plains All American Pipeline, L.P. has presented unaudited pro forma condensed combined financial information for the year ended December 31, 2025, reflecting the impact of the EPIC Transactions as if they occurred on January 1, 2025. The pro forma combined entity reported total revenues of $44,464 million and total costs and expenses of $42,940 million, resulting in an operating income of $1,524 million. Net income attributable to PAA from continuing operations on a pro forma basis was $975 million, with a pro forma basic and diluted net income per common unit of $1.01.
Key Highlights
- 1
The unaudited pro forma combined statement of operations for the year ended December 31, 2025, reflects total revenues of $44,464 million.
- 2
Total costs and expenses for the pro forma combined entity were $42,940 million for the year ended December 31, 2025.
- 3
Pro forma operating income for the year ended December 31, 2025, was $1,524 million.
- 4
Net income attributable to PAA from continuing operations on a pro forma basis was $975 million for the year ended December 31, 2025.
- 5
Pro forma basic and diluted net income per common unit from continuing operations was $1.01 for the year ended December 31, 2025.
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