PAA (Plains All American Pipeline LP) Net Income (Continuing Operations): $1,388 Mil (TTM As of Jun. 2026)

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PAA Plains All American Pipeline LP PAA
78 GF Score
Price $25.49
GF Value $19.63
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Plains All American Pipeline LP Net Income (Continuing Operations)?

Plains All American Pipeline LP PAA -0.14% 78 Net Income (Continuing Operations) is $1,388 Mil as of Jun. 2026. GuruFocus rates PAA with a GF Score™ of 78/100 and a GF Value™ of $19.63 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Plains All American Pipeline LP's Net Income (Continuing Operations) for the three months ended in Jun. 2026 was $276 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 was $1,388 Mil.


Plains All American Pipeline LP  (NAS:PAA) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.


Plains All American Pipeline LP Net Income (Continuing Operations) Related Terms


Plains All American Pipeline LP Net Income (Continuing Operations) Historical Data

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The historical data trend for Plains All American Pipeline LP's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Plains All American Pipeline LP Net Income (Continuing Operations) Chart

Plains All American Pipeline LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 648.00 1,228.00 1,310.00 882.00 1,386.00

Plains All American Pipeline LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.00 453.00 325.00 334.00 276.00
PAA
78GF Score
Plains All American Pipeline LP PAA
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains All American Pipeline LP Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,388 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Income (Continuing Operations) of $1,388 Mil mean?
Plains All American Pipeline LP (PAA) has a Net Income (Continuing Operations) of $1,388 Mil as of Jun. 2026. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Plains All American Pipeline LP and its competitors.
Is Plains All American Pipeline LP's Net Income (Continuing Operations) too high?
Plains All American Pipeline LP's current Net Income (Continuing Operations) is $1,388 Mil. Overall, Plains All American Pipeline LP has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains All American Pipeline LP's Net Income (Continuing Operations) compare to WES and DTM?
Plains All American Pipeline LP's Net Income (Continuing Operations) of $1,388 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for an Oil & Gas company?
A good Net Income (Continuing Operations) depends on the Oil & Gas industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Plains All American Pipeline LP and its competitors. Plains All American Pipeline LP's current Net Income (Continuing Operations) is $1,388 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains All American Pipeline LP stock overvalued right now?
Based on GuruFocus' analysis, Plains All American Pipeline LP (PAA) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.63, compared to a current price of $25.49 — trading 29.8% above its estimated fair value. The current Net Income (Continuing Operations) is $1,388 Mil. Plains All American Pipeline LP's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Plains All American Pipeline LP (PAA), the current Net Income (Continuing Operations) is $1,388 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plains All American Pipeline LP (PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Plains All American Pipeline LP stock appears to be overvalued. The current stock price of $25.49 is trading 29.8% above its estimated GF Value™ of $19.63. GuruFocus considers Plains All American Pipeline LP to be Modestly Overvalued.

Key valuation signals for PAA:

  • Net Income (Continuing Operations): $1,388 Mil
  • GF Value™: $19.63 vs. price of $25.49 (29.8% above fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the PAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plains All American Pipeline LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American Pipeline LP, through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, barges, or railcars. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminalling. It generates the majority of its revenue from the Crude Oil segment.
78GF Score

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Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.49
Price
$19.63
GF Value