Plains All American Pipeline, L (PAA) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.41
- Estimate
- $0.50
- Surprise
- -17.4%
- Score today
- 6.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Plains All American Pipeline, L (PAA) missed the $0.50 estimate with adjusted EPS of $0.41 — a large 17.4% shortfall.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PAA Sell at 6.1/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -17.4% surprise compares with a -8.2% four-quarter average. Next scheduled report: 2026-11-04.
What argues against it
- Target reached (-5.5% upside)
- Quality below floor (3.5 < 4.0)
- Momentum score 3.0/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $24.75
- Price target
- $25.86
- Stop
- $23.75
- Upside to target
- +4.5%
The stock trades at 20.9× trailing but 12.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
PAA at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $17.24B
- P/E (fwd)
- 12.8
- P/E (ttm)
- 20.9
- 52-week range
- $15.69–$26.39
- Off 52-week high
- 6.2%
- RSI (14)
- 37
- Volume vs avg
- 0.53×
- Score today
- 6.1/10