Plains All American Pipeline Q1 Earnings Call Highlights

Plains All American Pipeline NASDAQ: PAA reported first-quarter 2026 adjusted EBITDA attributable to Plains of $730 million, as management pointed to a sharply changed macro backdrop and raised full-year guidance on the back of stronger-than-expected results and updated assumptions around its NGL divestiture timing. Get PAA alerts:Sign UpMacro backdrop and management's outlook Chairman, CEO, and President Willie Chiang said recent geopolitical events have “reiterated the importance of reliable, secure, and responsibly produced energy,” adding that the closure of the Strait of Hormuz has disrupted global shipping channels and Middle East supply and contributed to stronger commodity prices in recent months.