Plains All American Pipeline LP - Unit

NASDAQ:PAA   1:53:27 PM EDT
9.87
+0.01 (+0.10%)
Other Pre-Announcement

Plains All American Pipeline- Increased 2021 Forecasted Free Cash Flow After Distributions By $100 Mln To +/- $400 Mln

Published: 05/04/2021 20:58 GMT
(PAA) - Increased 2021 Forecasted Free Cash Flow After Distributions by $100 Million to +/- $400 Million.
Lowered Total 2021 Investment and Maintenance Capital Guidance by $65 Million, Or 10%.
Maintained Full-year 2021 Adjusted EBITDA Guidance of +/- $2.15 Billion.
Remain on Track to Achieve 2021 Asset Sales Target of +/- $750 Million.
Plains All American Pipeline - Increasingly Constructive in Outlook for Global Energy Demand Recovery, Supply Response to Build Momentum Through 2022.
Qtrly Diluted Adjusted Net Income per Common Unit $0.25.
Qtrly Plains All American Pipeline Net Income per Common Unit $0.51.
Qtrly Plains All American Pipeline, Lp and Subsidiaries Revenue $8,383 Million Versus $8,269 Million.
Q1 Earnings per Share View $0.25, Revenue View $6.96 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees FY 2021 Adjusted Net Income per Common Unit $0.98.
FY2021 Earnings per Share View $1.16 -- Refinitiv Ibes Data (analyst estimates).