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Plains All American Pipeline reports mixed Q1 2025 earnings, with revenue below expectations but EBITDA up 5%.
Plains All American Pipeline reported Q1 2025 earnings, with revenue and EPS below analyst expectations, but Adjusted EBITDA grew 5% year-over-year to $754 million.
The crude oil segment's Adjusted EBITDA increased 1%, while the NGL segment saw a 19% jump.
Despite missing revenue targets, the company's cash flow and leverage ratio improved.
CEO Willie Chiang highlighted strong cash flow and a solid balance sheet as positives amid market uncertainty.
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Plains All American Pipeline reporta ganancias mixtas del primer trimestre de 2025, con ingresos por debajo de las expectativas, pero el EBITDA aumentó un 5%.