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Plains All American Misses Q3 Estimates but Stays on Track for 2026 Outlook

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Stocks & ETFs:PAA.US

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Plains All American Pipeline missed revenue and earnings estimates but says it remains on track to meet its full-year 2026 outlook.

The November 6 earnings headline does not include the reported results, estimates, or outlook details. So the size of the misses and the basis for the company’s assessment aren’t clear.

Investor takeaway: Quarterly results fell short of estimates, while the company maintained that it is on track for 2026. The available information doesn’t include enough figures to assess either point in detail.

Plains All American Pipeline LP

PAA.US

Full stock page →

PAA.US

Plains All American Pipeline LP

Source:WealthAwesomeWealthAwesome
↑ $1.75 (7.68%)
120 day period
$20.98$23.92$26.85May 18Aug 13Nov 5

Market cap

$17.79B

P/E

21.7x

Div. yield

6.32%

Div. / share

$1.63

52W high

$26.75

52W low

$15.31

1W change

-5.23%

Beta

0.54

Analyst Price Targets

Based on 18 analysts covering PAA · as of Oct 30, 2026

📈

Wall Street analysts forecast PAA stock price to rise 9.1% over the next 12 months.

Consensus

Buy

3.78 / 5.00

Avg. Target

C$26.76

+9.1% Upside

Previously C$26.35 on Oct 19, 2026

Current Price

C$24.53

Last close

Analyst Breakdown (18 analysts)

Strong Buy 7
Buy 2
Hold 7
Sell 2
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on PAA's historical volatility

HistoricalForecast68%95%
C$19.89C$23.02C$26.15C$29.28C$32.41C$35.54TodayJul 1Sep 3Nov 5Dec 18Jan 31Mar 15

30-Day Vol

21.8%

Annualized

90-Day Vol

21.6%

Annualized

Trend (90d)

+22.7%

Annualized drift

90d Mean

C$26.60

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$25.20C$23.38 – C$27.17
60 trading daysC$25.89C$23.28 – C$28.79
90 trading daysC$26.60C$23.36 – C$30.29

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

US$24.53 at the latest close

Shares fell 2.48% on the day and 5.23% over the week. The supplied information does not include earnings or estimate figures.

Bull case

Plains All American says it remains on track to meet its full-year 2026 outlook despite missing quarterly estimates.

Bear case

The company missed both revenue and earnings estimates, but the size of the shortfalls isn’t available.

What happened: estimate misses alongside an on-track outlook

The November 6 headline says Plains All American missed revenue and earnings estimates but remains on track to meet its full-year 2026 outlook. The available information does not include quarterly revenue, earnings, consensus estimates, or the company’s explanation for the misses. It also gives no outlook targets or details supporting the on-track assessment. The headline is clear, but the scale and reasons behind the results aren’t.

Investors can follow company updates on the Plains All American Pipeline stock page.

What the numbers show: shares closed at US$24.53

Plains All American shares closed at US$24.53, down 2.48% for the day and 5.23% for the week. They were up 5.44% over the month and 46.52% year to date, according to the supplied figures.

Reported volume was 10,733 shares, compared with a 20-day average of 2,549,789. The supplied volume comparison is 1.15 times that average. These figures provide market context, but they don’t show that the earnings news caused the share-price move.

Reported valuation and operating metrics include a P/E of 21.7328, a 5.3% profit margin, and trailing-twelve-month EPS of 1.16. The available information does not include earnings-release figures that would connect these metrics to the quarterly misses.

What to watch next: details behind the full-year assessment

The main question is how the quarterly misses compare with the company’s full-year expectations. The headline says Plains All American remains on track for its 2026 outlook, but provides no targets, updated guidance, or explanation for the shortfalls. A fuller assessment will depend on those details when they become available.

Investors can check the PAA.US company page for company updates.

Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 6, 2026
Last Updated: November 6, 2026

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