Plains Group Holdings, L.P. (NYSE:PAGP) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.23 per share.
For the full year, analysts predict revenues of $ 31668.70 million, while looking forward to loss of $ 0.74 per share.
Previous Quarter Performance
Plains Group Holdings, L.P. disclosed income for the first quarter of $ 0.53 per share, from the revenue of $ 8,269.00 million. The quarterly earnings fell 42.39 percent while revenues shrunk 4.10 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.36 per share from $ 8533.76 million in revenue. The bottom line results beat street analysts by $ 0.17 or 47.22 percent, at the same time, top line results fell short of analysts by $ 264.76 million or 3.1 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Plains Group Holdings, L.P.
Stock Performance
According to the previous trading day, closing price of PAGP was $ 8.31, representing a 173.36 % increase from the 52 week low of $ 3.04 and a 64.43 % decrease over the 52 week high of $ 23.36.
The company has a market capital of $ 1.53 billion and is part of the Energy sector and Oil & Gas Midstream industry.
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Conference Call
Plains Group Holdings, L.P. will be hosting a conference call at 5:30 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.plainsallamerican.com
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics.
