Current year results compared very favorably to last year’s second quarter as adjusted EBITDA, adjusted net income and adjusted net income per diluted unit for the second quarter of 2012 increased 43%, 53% and 46% respectively. Highlights of PAA’s second quarter performance are reflected on slide 3, which all I will – also illustrates that PAA’s distribution for the second quarter of 2012 was approximately 165%.PAA’s second quarter results were driven by solid performance in all three segments with the Supply and Logistics segment being the largest contributor to over-performance. These second quarter results mark the 42nd consecutive quarter that PAA has delivered results in line with or above guidance.
Plains All American Pipeline' CEO Discusses Q2 2012 Results - Earnings Call Transcript
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