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PAAPlains All American Pipeline, LSell6.0·$25.34-0.72%

Plains All American Pipeline, L (PAA) Q2 2026 earnings — TrendMatrix coverage

MISS-17.4% vs estimateEPS $0.41 vs $0.50 estCurrent verdict Sell 6.0/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.41
Estimate
$0.50
Surprise
-17.4%
Score today
6.0/10

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.

Report record · Q2 2026

How the report landed

Plains All American Pipeline, L (PAA) missed the $0.50 estimate with diluted EPS of $0.41 — a large 17.4% shortfall.

Current read · as of 2026-09-04

Where TrendMatrix's rating stands now

TrendMatrix currently rates PAA Sell at 6.0/10; 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 (-11.4% upside)
  • Quality below floor (3.5 < 4.0)
  • Momentum score 4.4/10 — 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.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$25.34
Price target
$29.14
Stop
$24.38
Upside to target
+15.0%

The stock trades at 22.0× trailing but 13.6× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: RSI 71 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Energy context

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
$18.01B
P/E (fwd)
13.6
P/E (ttm)
22.0
52-week range
$15.69$25.97
Off 52-week high
2.4%
RSI (14)
71
Volume vs avg
0.05×
Score today
6.0/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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