Plains All American Pipeline (PAA) Enterprise Value (2009 - 2026)

Plains All American Pipeline's (PAA) quarterly Enterprise Value came in at -$171.0 million in Q1 2026, up 59.95% year-on-year from -$106.9 million in Q1 2025, and up 47.87% quarter-over-quarter from -$328.0 million in Q4 2025.

Plains All American Pipeline (PAA) Enterprise Value (2009 - 2026) Analysis & Trends

Plains All American Pipeline's Enterprise Value history runs 18 years deep, the most recent figure standing at -$171.0 million for Q1 2026.

  • On a quarterly basis, Enterprise Value rose 59.95% year-over-year to -$171.0 million in Q1 2026; TTM through Mar 2026 was -$171.0 million, a 59.95% increase from a year earlier, with the FY2025 full-year figure at -$328.0 million, up 5.75% from the prior year.
  • Enterprise Value climbed to -$171.0 million in Q1 2026 per PAA's latest filing, from -$328.0 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$114.0 million in Q1 2022 and bottomed at -$1.2 billion in Q3 2025.
  • The 5-year median for Enterprise Value is -$427.0 million (2025), against an average of -$471.2 million.
  • Across the five-year window, Enterprise Value slumped 761.29% in 2022 and jumped 59.95% in 2026, its largest moves.
  • Year by year, Enterprise Value stood at -$401.0 million in 2022, then declined by 12.22% to -$450.0 million in 2023, then climbed by 22.67% to -$348.0 million in 2024, then advanced by 5.75% to -$328.0 million in 2025, then soared by 47.87% to -$171.0 million in 2026.
  • Per Business Quant, the three latest PAA Enterprise Value figures stand at -$171.0 million (Q1 2026), -$328.0 million (Q4 2025), and -$1.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -126.77 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -389.07 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 700.77 Mn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -1.15 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 1.19 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -971.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 32.40 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -131.00 Mn
10 Plains All American Pipeline 17.42 Bn 17.25 Bn 977.00 Mn -171.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -171.00 Mn
Dec 31, 2025 -328.00 Mn
Sep 30, 2025 -1.18 Bn
Jun 30, 2025 -459.00 Mn
Mar 31, 2025 -427.00 Mn
Dec 31, 2024 -348.00 Mn
Sep 30, 2024 -640.00 Mn
Jun 30, 2024 -553.00 Mn
Mar 31, 2024 -331.00 Mn
Dec 31, 2023 -450.00 Mn
Sep 30, 2023 -260.00 Mn
Jun 30, 2023 -933.00 Mn
Mar 31, 2023 -526.00 Mn
Dec 31, 2022 -401.00 Mn
Sep 30, 2022 -623.00 Mn
Jun 30, 2022 -267.00 Mn
Mar 31, 2022 -114.00 Mn
Dec 31, 2021 -453.00 Mn
Sep 30, 2021 -194.00 Mn
Jun 30, 2021 -31.00 Mn