Plains All American Pipeline (PAA) reported Q1 adjusted earnings Friday of $0.39 per share, down from $0.41 a year earlier.
Analysts surveyed by FactSet expected $0.44.
Revenue for the quarter ended March 31 was $12.01 billion, compared with $12 billion a year earlier.
Analysts surveyed by FactSet expected $14.16 billion.
Shares of the company were down more than 1% in recent Friday premarket activity.
Price: 16.73, Change: -0.21, Percent Change: -1.24