For the quarter ended December 2024, Plains All American Pipeline (PAA) reported income of $12.4 billion, down 2.3% over the identical interval final 12 months. EPS got here in at $0.42, in comparison with $0.42 within the year-ago quarter.
The reported income represents a shock of -3.10% over the Zacks Consensus Estimate of $12.8 billion. With the consensus EPS estimate being $0.44, the EPS shock was -4.55%.
Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.
Right here is how Plains All American carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Crude oil pipeline tariff volumes- Whole: 9028 hundreds of barrels of oil per day versus 10034.47 hundreds of barrels of oil per day estimated by two analysts on common.
- Revenues- NGL: $535 million in comparison with the $273.70 million common estimate based mostly on two analysts. The reported quantity represents a change of -14.1% 12 months over 12 months.
- Section Adjusted EBITDA- NGL: $154 million versus the two-analyst common estimate of $157.16 million.
- Section Adjusted EBITDA- Crude oil: $569 million in comparison with the $592.14 million common estimate based mostly on two analysts.
View all Key Company Metrics for Plains All American here>>>
Shares of Plains All American have returned +6.8% over the previous month versus the Zacks S&P 500 composite’s +1.9% change. The inventory at present has a Zacks Rank #1 (Robust Purchase), indicating that it may outperform the broader market within the close to time period.
Free At present: Benefiting from The Future’s Brightest Vitality Supply
The demand for electrical energy is rising exponentially. On the similar time, we’re working to scale back our dependence on fossil fuels like oil and pure gasoline. Nuclear power is a perfect substitute.
Leaders from the US and 21 different international locations just lately dedicated to TRIPLING the world’s nuclear power capacities. This aggressive transition may imply large income for nuclear-related shares – and traders who get in on the motion early sufficient.
Our pressing report, Atomic Alternative: Nuclear Vitality’s Comeback, explores the important thing gamers and applied sciences driving this chance, together with 3 standout shares poised to profit essentially the most.
Download Atomic Opportunity: Nuclear Energy’s Comeback free today.
Plains All American Pipeline, L.P. (PAA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
