Earnings plunge for Plains All American Pipeline

Shares of Plains GP Holdings (NYSE: PAGP) fell after Plains All American Pipeline (NYSE: PAA) reported sharply lower fourth quarter earnings of 24 cents per diluted common unit compared with 67 cents per diluted common unit a year earlier. Shares of Plains GP Holdings plunged $1.60 to $4.77 while Plains All American Pipeline stock plummeted $2.41 to $15.36.