Plains ALL American Pipeline LP cash flow statement
In fiscal 2025, Plains ALL American Pipeline LP's operations generated $2.94bn of cash; it spent $643m on capital projects, leaving free cash flow of $2.29bn. It returned $8.0m through buybacks.
Cash flow statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 365 | 259 | 2,365 | 1,240 | 1,954 | 2,004 | 1,358 | 733 | 2,499 | 2,608 | 2,504 | 1,514 | 1,996 | 2,408 | 2,727 | 2,490 | 2,936 | 2,976 |
| Depreciation and amortisation | 236 | 256 | 249 | 482 | 365 | 384 | 432 | 514 | 517 | 520 | 601 | 653 | 774 | 965 | 909 | 901 | 953 | 972 |
| Stock-based pay | 68 | 98 | 110 | 101 | 116 | 98 | 27 | 60 | 41 | 79 | 34 | 15 | 23 | 40 | 50 | 50 | 49 | — |
| Capital spending | 460 | 451 | 635 | 1,204 | 1,613 | 1,932 | 2,079 | 1,334 | 1,024 | 1,634 | 1,181 | 738 | 336 | 455 | 408 | 448 | 643 | 601 |
| Free cash flow | −95 | −192 | 1,730 | 36 | 341 | 72 | −721 | −601 | 1,475 | 974 | 1,323 | 776 | 1,660 | 1,953 | 2,319 | 2,042 | 2,293 | 2,375 |
| Free cash flow after stock pay | −163 | −290 | 1,620 | −65 | 225 | −26 | −748 | −661 | 1,434 | 895 | 1,289 | 761 | 1,637 | 1,913 | 2,269 | 1,992 | 2,244 | — |
| Share buybacks | — | — | — | — | — | — | — | — | — | 0 | 0 | 50 | 178 | 74 | 0 | 0 | 8 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 691 | 727 | 639 | 694 | 817 | 786 | 418 | 955 |
| Depreciation and amortisation | 226 | 226 | 232 | 235 | 230 | 257 | 243 | 242 |
| Capital spending | 109 | 106 | 140 | 170 | 185 | 148 | 130 | 138 |
| Free cash flow | 582 | 621 | 499 | 524 | 632 | 638 | 288 | 817 |
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