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Plains All American Pipeline, L.P. PAA Crude Oil — Purchases and related costs

Other segment segments

NGL
$33M+3.1%

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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$16.47B+24.9%
Enterprise value$28.3B+28.2%
P/E14.4×-0.1×
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:CostOfGoodsAndServicesSold.

The official record: Plains All American Pipeline, L.P.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plains All American Pipeline, L.P.'s crude oil — purchases and related costs?
Plains All American Pipeline, L.P. (PAA) reported crude oil — purchases and related costs of $11.58B in Q1 2026.
How has Plains All American Pipeline, L.P.'s crude oil — purchases and related costs changed year-over-year?
Plains All American Pipeline, L.P.'s crude oil — purchases and related costs increased by 10.4% year-over-year, from $10.49B to $11.58B.
What is the long-term trend for Plains All American Pipeline, L.P.'s crude oil — purchases and related costs?
Over 3 years (2022 to 2025), Plains All American Pipeline, L.P.'s crude oil — purchases and related costs has grown at a -8.2% compound annual growth rate (CAGR), from $52.09B to $40.32B.
What does crude oil — purchases and related costs mean?
This metric represents the direct costs incurred to acquire crude oil inventory and the associated logistics costs required to bring the product to market. It is a primary variable cost component that fluctuates based on commodity prices and throughput volumes.