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Plains All American (PAA): Q2 EPS of $1.64 beats by $0.02. Revenue of $9.79B (+10.5% Y/Y) misses...

  • Monday, August 6, 2012, 7:21 PM ET
    Plains All American (PAA): Q2 EPS of $1.64 beats by $0.02. Revenue of $9.79B (+10.5% Y/Y) misses by $900M. Operating costs at its largest segment, supply and logistics, rose 43%. PAA also announces a 50/50 JV with Enterprise Products (EPD) to transport Eagle Ford crude oil to the Gulf Coast. Shares -0.4% AH. (PR)
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    Revenue of $9.79B (+10.5% Y/Y) misses by $900M. 10% revenue miss? That can't be good. I wonder if it will beat its 52-week high again tomorrow (Tue).
    6 Aug 2012, 09:30 PM Reply Like
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