PAA Earnings

PAA reported its earnings on 2026-02-06, showcasing a revenue of 10.56B against an estimate of 13.71B, resulting in a -22.94% surprise. The EPS was 0.4, surpassing the expected 0.47 by -14.89%. The stock experienced a -2.85% price change on the earnings day and a -0.95% change over the next five days, reflecting market reactions to the results.

Following PAA's earnings announcement on 2026-02-06, the stock price moved by -2.85% on the day of the release. Over the subsequent five days, it saw a -0.95% change. Historically, PAA's stock price tends to shift by an average of 3.11% in the 10 days leading up to earnings and 2.2% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate PAA's annual revenue to reach 12.34B, while the EPS is projected at 0.43. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PAA's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PAA's stock price typically moves by 3.11% in the 10 days before its earnings and 2.2% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.43 and revenue of 12.34B.

The company's earnings call reflects a mixed sentiment. While there are positive elements such as the synergy benefits from the Cactus pipeline and cost savings initiatives, the overall financial performance is impacted by lower crude prices. The Q&A reveals cautious optimism among producers and steady capital allocation priorities, but lacks clarity on certain management decisions. The strategic plan outlines potential growth, yet near-term volatility and a high leverage ratio are concerns. These factors combined suggest a neutral market reaction in the near term, given the absence of major catalysts or market cap information.