HOUSTON (AP) _ Plains All American Pipeline L.P. (PAA) on Wednesday reported first-quarter net income of $187 million.

On a per-share basis, the Houston-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs, were 31 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The oil and gas transportation and storage company posted revenue of $13.69 billion in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $11.67 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAA at https://www.zacks.com/ap/PAA

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