Feb 6 Plains All American Pipeline LP
reported a quarterly profit that nearly halved as costs jumped
23.3 percent at the pipeline operator.
The Houston-based company's net income fell to $126 million,
or 14 cents per share, in the fourth-quarter ended Dec. 31, from
$247 million, or 24 cents per share, a year earlier.
However, the company, one of the top U.S. transporters of
oil and gas, said total revenue rose about 19 percent to $5.95
(Reporting by Ahmed Farhatha in Bengaluru; Editing by Sriraj