Plains All American Pipeline, L.P. and Plains GP Holdings announced they will release second-quarter 2019 earnings after market close on Tuesday, August 6, 2019 and will hold a joint webcast on the same day as follows:
What: Second-quarter 2019 earnings webcast
When: Tuesday, August 6, 2019 5:00 p.m. ET; 4:00 p.m. CT
Where: www.plainsallamerican.com or https://event.webcasts.com/starthere.jsp?ei=1251736&tp_key=2d06962a49
How: Live over the internet – log on at either of the addresses above
Specific items to be addressed in this call include:
- PAA’s second-quarter 2019 performance;
- Financial and operating guidance for the full year of 2019;
- Capitalization and liquidity; and
- PAA and PAGP’s outlook for the future.
The company’s first quarter 2019 earnings showed net income of $970 million compared to $288 million a year earlier or an increase of 237%. Earnings per share were $1.20 or 264% better than the first quarter of 2018.
Adjusted net income was $565 million or 82% stronger than a year earlier.