Plains All American Narrows 2026 Adjusted EBITDA Outlook to $2.88 Billion
Management expects adjusted EBITDA at or slightly above the midpoint. Permian production growth is targeted at about 200,000 barrels per day.

Plains All American Pipeline, L.P. narrowed its 2026 adjusted EBITDA guidance to $2.88 billion, with a $50 million range on either side, and set a Permian production-growth target of about 200,000 barrels per day.
Plains expects full-year adjusted EBITDA at or slightly above the midpoint under current market conditions. The guidance centers on $2.88 billion, with a range of $2.83 billion to $2.93 billion.
The company announced the update Nov. 6 alongside its third-quarter results. Adjusted EBITDA attributable to PAA was $711 million for the quarter, detailed in an earlier report on the results.
Plains also said its coastal pipelines are close to 90% full, with possible brownfield expansions from 2028 into early 2029.
The timing of those expansions is difficult to predict.