Plains All American Pipeline, L.P. Issues Q2 2012 Earnings Guidance Above Analysts' Estimates; FY 2012 EPS Guidance; EBITDA And Net Income Guidance Above Analysts' Estimates-Conference Call

Plains All American Pipeline, L.P. announced that for the second quarter of 2012, it expects adjusted EBITDA to range from $440 million to $480 million with adjusted net income ranging from $263 million to $312 million, or $1.17 to $1.46 per diluted unit. For fiscal 2012, it expects adjusted EBITDA to range from $1.74 billion to $1.86 billion, with adjusted net income ranging from $1.045 billion to $1.197 billion, or $4.65 to $5.57 per diluted unit. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $420 million, net income of $156 million and EPS of $1.08 for the second quarter of 2012; EBITDA of $1.733 billion, net income of $808 million and EPS of $4.92 for fiscal 2012.