Plains GP issued a press release on February 9, 2021 reporting fourth-quarter and full-year 2020 financial results.  Among other results, Plains GP reported fourth-quarter GAAP earnings-per-share of –$0.11, missing estimates by $0.33, and fourth-quarter revenues of $5.96 billion, representing a 34.9% year-to-year decline and missing estimates by $260 million. 

On this news, Plains GP’s stock price fell $0.84 per share, or 8.97%, to close at $8.52 per share on February 10, 2021.

Plains GP Holdings, L.P.

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Lesley F. Portnoy, Esq.,
Office: 310.692.8883
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