Letters of Credit Outstanding, Amount
Plains All American Pipeline, L.P. Letters of Credit Outstanding, Amount increased by 24.2% to $118.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 51.3%, from $78.00M to $118.00M. Over 5 years (FY 2020 to FY 2025), Letters of Credit Outstanding, Amount shows a downward trend with a -5.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher reliance on external credit facilities to support operational or contractual obligations.
Detailed definition
This represents the total face value of letters of credit issued by the company to guarantee performance or payment to t...
Peer comparison
Common in capital-intensive industries; reflects the company's ability to secure credit and manage counterparty risk.
other_letters_of_credit_outstanding_amountHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $81.00M | $64.00M | $98.00M | $34.00M | $34.00M | $58.00M | $102.00M | $144.00M | $127.00M | $147.00M | $205.00M | $161.00M | $143.00M | $108.00M | $90.00M | $78.00M | $81.00M | $70.00M | $95.00M | $118.00M |
| QoQ Change | — | -21.0% | +53.1% | -65.3% | +0.0% | +70.6% | +75.9% | +41.2% | -11.8% | +15.7% | +39.5% | -21.5% | -11.2% | -24.5% | -16.7% | -13.3% | +3.8% | -13.6% | +35.7% | +24.2% |
| YoY Change | — | — | — | — | -58.0% | -9.4% | +4.1% | +323.5% | +273.5% | +153.4% | +101.0% | +11.8% | +12.6% | -26.5% | -56.1% | -51.6% | -43.4% | -35.2% | +5.6% | +51.3% |
Letters of Credit Outstanding, Amount at Other Companies
Frequently Asked Questions
- What is Plains All American Pipeline, L.P.'s letters of credit outstanding, amount?
- Plains All American Pipeline, L.P. (PAA) reported letters of credit outstanding, amount of $118.00M in Q1 2026.
- How has Plains All American Pipeline, L.P.'s letters of credit outstanding, amount changed year-over-year?
- Plains All American Pipeline, L.P.'s letters of credit outstanding, amount increased by 51.3% year-over-year, from $78.00M to $118.00M.
- What is the long-term trend for Plains All American Pipeline, L.P.'s letters of credit outstanding, amount?
- Over 5 years (2020 to 2025), Plains All American Pipeline, L.P.'s letters of credit outstanding, amount has grown at a -5.9% compound annual growth rate (CAGR), from $129.00M to $95.00M.
- What does letters of credit outstanding, amount mean?
- The total amount of bank-guaranteed payments the company has committed to.