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Plains All American Pipeline Reports Rise in Q2 Total Crude Oil Pipeline Tariff Volumes

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Plains All American Pipeline (PAA), the Texas-based midstream company, on Friday reported total crude oil pipeline tariff volumes of around 10.6 million barrels per day, up from 9.66 million b/d in the corresponding quarter last year.

For the quarter ended June 30, the company's Permian Basin operations accounted for crude oil pipeline tariff volumes of 8.05 million b/d, higher than 7.22 million b/d reported in Q2 2025.

In Q2, natural gas liquids fractionation volumes stood at 97,000 b/d, compared with 151,000 b/d in the year-ago period, the company said in its earnings statement.

NGL pipeline tariff volumes for the quarter were reported at 69,000 b/d versus 225,000 b/d in Q2 2025.

Propane and butane sales for the quarter fell to 17,000 b/d, compared with 54,000 b/d last year.

In Q2, the company "increased 2026 organic growth capital from $350 million to a range of $400 to $450 million, including a 75 Mbbl/d expansion of the Cactus III pipeline, Canadian gathering systems and Permian gathering projects across the Delaware and Midland basins," the statement said.

Price: $22.81, Change: $-0.72, Percent Change: -3.04%

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