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Plains All American Pipeline, L.P. PAA Crude Oil — Other revenues

Other segment segments

NGL
$0

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Other financials

Income statement

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Revenue$12.5B+8.7%
Gross profit$977.0M+1.8%
Operating income$405.0M+13.8%
Net income$152.0M-65.7%

Balance sheet

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Cash & equivalents$171.0M-60.0%
Total debt$12.0B+26.8%
Total equity$12.8B-0.3%
Total assets$31.6B+16.9%

Cash flow

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Operating cash flow$418.0M-34.6%
CapEx$130.0M-7.1%
Free cash flow$288.0M-42.3%

Valuation

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Market cap$17.33B+37.5%
Enterprise value$29.16B+35.7%
P/E15.1×+1.3×
P/S0.4×+0.1×

Profitability

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Gross margin8.5%+0.8pp
Operating margin3.3%+1.5pp
Net margin2.5%+0.6pp
FCF margin4.6%-0.1pp

Returns & leverage

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Return on equity8.9%+1.8pp
Debt / equity0.9×+0.2×
Current ratio0.9×-0.1×

Where this comes from

Reported directly by Plains All American Pipeline, L.P. in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The source filing: Plains All American Pipeline, L.P.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:45 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001070423-26-000019
Three Months Ended March 31, 2026Crude OilNGLTotal
Revenues from contracts with customers$12,444$41$12,485
Other revenues104104
Total revenues of reportable segments$12,548$41$12,589
Intersegment revenues elimination(119)
Total revenues$12,470
Three Months Ended March 31, 2025Crude OilNGLTotal
Revenues from contracts with customers$11,408$41$11,449
Other revenues3131

Item 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Plains All American Pipeline, L.P.'s crude oil — other revenues?
Plains All American Pipeline, L.P. (PAA) reported crude oil — other revenues of $104M in Q1 2026.
How has Plains All American Pipeline, L.P.'s crude oil — other revenues changed year-over-year?
Plains All American Pipeline, L.P.'s crude oil — other revenues increased by 235.5% year-over-year, from $31M to $104M.
What is the long-term trend for Plains All American Pipeline, L.P.'s crude oil — other revenues?
Over 3 years (2022 to 2025), Plains All American Pipeline, L.P.'s crude oil — other revenues has grown at a -34.4% compound annual growth rate (CAGR), from $152M to $43M.
What does crude oil — other revenues mean?
This metric captures ancillary income streams within the crude oil segment that are not derived from core transportation or storage contracts. These revenues often include fees from miscellaneous services, minor asset usage, or non-recurring commercial activities.

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