--- title: "Plains GP FY26 Q2 net income attributable to PAGP more than doubled to $389 million; revenue rises 69% to $17.22 billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/295388404.md" description: "Plains GP Holdings LP reported a Q2 FY26 net income attributable to PAGP of $389 million, more than doubling from the prior year, driven by $1.65 billion from discontinued operations related to the Canadian NGL Business sale. Revenue surged 69% to $17.22 billion due to higher crude oil volumes and prices. Adjusted EBITDA rose 8% to $879 million. Income from continuing operations fell 22% to $166 million. Liquidity stood at $3.73 billion, with PAA securing a new $2.7 billion credit facility." datetime: "2026-08-10T10:04:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295388404.md) - [en](https://longbridge.com/en/news/295388404.md) - [zh-HK](https://longbridge.com/zh-HK/news/295388404.md) generator: "portal-rs" --- # Plains GP FY26 Q2 net income attributable to PAGP more than doubled to $389 million; revenue rises 69% to $17.22 billion - Plains GP swings to Q2 net income of $389 million, lifted by $1.65 billion from discontinued operations tied to the Canadian NGL Business sale. \* Income from continuing operations falls 22% to $166 million, while income tax expense from continuing operations widens to $209 million. \* Revenue climbs 69% to $17.69 billion on higher crude oil sales volumes and commodity prices. \* Adjusted EBITDA (non-GAAP) rises 8% to $879 million, reflecting contributions from the Cactus III pipeline acquisition. \* June 30 liquidity totals $3.73 billion; PAA replaced its credit facilities with a $2.7 billion senior unsecured revolving credit facility maturing June 2031. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plains GP Holdings LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001581990-26-000025), on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [PAGP.US](https://longbridge.com/en/quote/PAGP.US.md) - [PAA.US](https://longbridge.com/en/quote/PAA.US.md) ## Related News & Research - [If You Invested $1000 In Plains GP Holdings Stock 5 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/295260395.md) - [Plains GP Holdings: 2Q26 saw robust crude oil growth, NGL sale completion, and strong free cash flow generation](https://longbridge.com/en/news/295228832.md) - [Merchant Opportunities Fund expands syndicated revolving credit facility to $240 million with BMO-led lenders](https://longbridge.com/en/news/297014821.md) - [10:02 ETNewPower Worldwide Expands Credit Facility to $750 Million to Support Global Growth and Customer Demand](https://longbridge.com/en/news/297058856.md) - [Backblaze Raises $201.25M 0% Convertible Notes, Upsizes Revolver to $50M and Extends to 2030](https://longbridge.com/en/news/296828254.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**