Business Segments · Significant Segment Expenses

Crude Oil — Significant Segment Expenses

Plains All American Pipeline, L.P. Crude Oil — Significant Segment Expenses increased by 20.9% to $11.95B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $10.86B to $11.95B. Over 3 years (FY 2022 to FY 2025), Crude Oil — Significant Segment Expenses shows a downward trend with a -7.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 8, 2026

How to read this metric

Lowering this figure relative to revenue indicates improved segment profitability and operational efficiency.

Detailed definition

This metric aggregates the primary operating and direct costs associated with the crude oil segment, providing a compreh...

Peer comparison

Similar to 'Total Segment Operating Expenses' used by peer midstream partnerships.

Metric ID: paa_segment_crude_oil_significant_segment_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$13.34B$13.34B$13.34B$13.34B$11.28B$11.28B$11.28B$11.28B$11.00B$12.16B$12.01B$11.60B$10.86B$10.10B$10.93B$9.88B$11.95B
QoQ Change+0.0%+0.0%+0.0%-15.4%+0.0%+0.0%+0.0%-2.5%+10.5%-1.3%-3.4%-6.4%-7.0%+8.2%-9.6%+20.9%
YoY Change-15.4%-15.4%-15.4%-15.4%-2.5%+7.8%+6.4%+2.8%-1.3%-17.0%-9.0%-14.8%+10.0%
Range$9.88B$13.34B
CAGR-2.7%
Avg YoY Growth-6.1%
Median YoY Growth-9.0%

Frequently Asked Questions

What is Plains All American Pipeline, L.P.'s crude oil — significant segment expenses?
Plains All American Pipeline, L.P. (PAA) reported crude oil — significant segment expenses of $11.95B in Q1 2026.
How has Plains All American Pipeline, L.P.'s crude oil — significant segment expenses changed year-over-year?
Plains All American Pipeline, L.P.'s crude oil — significant segment expenses increased by 10.0% year-over-year, from $10.86B to $11.95B.
What is the long-term trend for Plains All American Pipeline, L.P.'s crude oil — significant segment expenses?
Over 3 years (2022 to 2025), Plains All American Pipeline, L.P.'s crude oil — significant segment expenses has grown at a -7.8% compound annual growth rate (CAGR), from $53.34B to $41.76B.
What does crude oil — significant segment expenses mean?
Total major operating expenses for the crude oil segment.