---
title: "Plains GP Q1 Net Income Declines, Revenue Increases"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285723821.md"
description: "Plains GP (PAGP) reported a decline in Q1 net income to $0.10 per diluted unit, down from $0.42, and below the expected $0.46 by analysts. However, revenue increased to $12.47 billion from $11.48 billion a year earlier, surpassing the anticipated $11.72 billion."
datetime: "2026-05-08T12:11:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285723821.md)
  - [en](https://longbridge.com/en/news/285723821.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285723821.md)
---

# Plains GP Q1 Net Income Declines, Revenue Increases

08:11 AM EDT, 05/08/2026 (MT Newswires) -- Plains GP (PAGP) reported Q1 net income Friday of $0.10 per diluted unit, down from $0.42.

Analysts polled by FactSet expected $0.46.

Revenue for the quarter ended March 31 was $12.47 billion, up from $11.48 billion a year earlier.

Three analysts surveyed by FactSet expected $11.72 billion.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [PAGP.US](https://longbridge.com/en/quote/PAGP.US.md)
- [OIH.US](https://longbridge.com/en/quote/OIH.US.md)
- [XOP.US](https://longbridge.com/en/quote/XOP.US.md)
- [XES.US](https://longbridge.com/en/quote/XES.US.md)
- [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md)
- [AMLP.US](https://longbridge.com/en/quote/AMLP.US.md)
- [FDS.US](https://longbridge.com/en/quote/FDS.US.md)

## Related News & Research

- [Northeast Investment Management Invests $1.18 Million in Kinder Morgan, Inc. $KMI](https://longbridge.com/en/news/286239287.md)
- [Greenland Energy updates investor deck, cites up to 13.0B bbl prospective resource; OPW‑1/OPW‑6 targeted in 2026](https://longbridge.com/en/news/286753003.md)
- [Walmart Stock: Here’s Why Analysts Are Raising Price Targets Before Q1 Earnings.](https://longbridge.com/en/news/286950969.md)
- [Sky Harbour Q1 Loss Narrows, Revenue Rises; Shares Fall After Hours](https://longbridge.com/en/news/286470473.md)
- [Lithium Americas Posts Q1 Breakeven](https://longbridge.com/en/news/286407557.md)