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Plains All American reports Q3 2026 net income of $363M and expands Permian Basin operations

06 Nov 2026, 14:30 WIB
GlobeNewsWire
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Bullish
Plains All American reports Q3 2026 net income of $363M and expands Permian Basin operations

Plains All American Pipeline, L.P. reported a net income of $363 million for Q3 2026, with adjusted EBITDA up 6% year-over-year to $711 million. The company is expanding its Permian Basin gathering system by adding 270,000 dedicated acres, supported by long-term agreements, and completed a $585 million acquisition of a Powder River Basin gathering system. It expects full-year 2026 adjusted EBITDA of approximately $2.88 billion and continues to optimize its balance sheet to increase cash flow for unitholders. Despite market volatility, Plains remains focused on disciplined growth and financial flexibility heading into 2027.

Plains All American's Q3 2026 results provide context for energy sector activity on Pluang. For readers following energy stocks, 41 of 79 priced US energy-sector stocks rose while 30 fell as of Nov 06, 2026 17:31 WIB. Notable movers include Energy Fuels Inc Ordinary Shares (UUUU) at USD 6.79 with a 3.03% increase, Nextpower Inc. (NXT) at USD 102.60 with 83% buy orders, and Centrus Energy Corp (LEU) at USD 91.35 with a 2.61% gain and a typical hold time of 36 days on Pluang.

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