Plains All American Pipeline Q4 Earnings Call Highlights

Plains is targeting $100 million of identified annual savings through 2027 , with approximately 50% expected to be realized in 2026. Management attributed the opportunity to a simplified post-divestiture business and described planned actions including reducing G&A and operating expenses, consolidating operations, and exiting or optimizing lower-margin businesses.Closing the NGL divestiture near the end of the first quarter of 2026, pending Canadian Competition Bureau approval.Plains said 2026 will be a yea ...