Plains All American Pipeline Aims For Fee-Based Growth
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Plains All American Pipeline, L.P. reported mixed Q3 '24 results with a revenue miss but an earnings beat. The company aims for fee-based growth through disciplined acquisitions and projects, expecting strong performance from Permian assets.
November 13, 2024 | 1:15 am
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Plains All American Pipeline reported mixed Q3 '24 results, missing revenue expectations but beating earnings. The company is focusing on fee-based growth through acquisitions and projects, with strong performance expected from Permian assets.
Despite a revenue miss, the earnings beat and positive guidance for adjusted EBITDA suggest a positive outlook. The focus on fee-based growth and strong performance from Permian assets indicate potential for future financial stability and growth.
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IMPORTANCE 80
RELEVANCE 100