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Posted by
Two Blokes Jun 4 -
Filed in
Stock
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6 views
Plains All American is an American company dedicated entirely to the midstream business of oil and gas transportation. The company maintains a presence with its pipelines in Canada & the US. Adjusted EBITDA YoY growth in this case was 4%, going from a total of $847 million in 1Q2024 to $881 million in 1Q2025. If we calculate the EBITDA/Interest ratio, we see that it stands at 6.21x, which does not seem to generate concerns despite the level of debt in relation to equity.
