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Plains GP: 4Q Earnings Snapshot

February 5, 2019

HOUSTON (AP) _ Plains GP Holdings LP (PAGP) on Tuesday reported fourth-quarter net income of $180 million, after reporting a loss in the same period a year earlier.

The Houston-based company said it had net income of $1.12 per share.

The oil and gas holding company posted revenue of $8.79 billion in the period.

For the year, the company reported net income of $334 million, or $2.11 per share, swinging to a profit in the period. Revenue was reported as $34.06 billion.

Plains GP shares have climbed 15 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.15, a climb of 15 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAGP at https://www.zacks.com/ap/PAGP

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