trending Market Intelligence /marketintelligence/en/news-insights/trending/jlwmwxkgkrpcfcyghtwxxw2 content esgSubNav
In This List

Plains All American beats estimates on Q2 adjusted EBITDA, but profit falls

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Infographic: Q4’21 US Battery Storage by the Numbers


Plains All American beats estimates on Q2 adjusted EBITDA, but profit falls

Plains All American Pipeline LP on Aug. 7 posted second-quarter adjusted EBITDA of $506 million, an increase from $451 million a year earlier.

The S&P Global Market Intelligence consensus estimate of adjusted EBITDA was $478.6 million.

The partnership's distributable cash flow in the second quarter was $849 million, a decrease from $1.31 billion in the year-earlier period. Plains reported net income of $100 million, a decrease from $188 million a year earlier.

Plains GP Holdings LP separately reported net income attributable to the general partner of $100 million for the quarter, compared to a loss of $93 million in the same quarter of 2017.