PAGP

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EarningsAug 7, 2026Positive

PAA posts Q2 2026 net income of $1.83B following NGL sale

Plains All American reported a second-quarter 2026 net income of $1.83 billion, driven primarily by a net gain from the divestiture of its Canadian NGL business, while leveraging down to 3.3x.

View filing at SEC.gov →
M&A|EarningsAug 7, 2026Positive

PAA boosted Q2 profit by $1.6B Canadian NGL sale, lowered leverage to 3.3x

Plains All American reported record net earnings driven by a $1.6 billion gain from the sale of its Canadian NGL business, which was used to reduce leverage to 3.3x and raise organic growth capital. Market relevance: The transaction removes a non-core segment and accelerates the

View filing at SEC.gov →
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