Oracle co-CEO Clay Magouyrk said the company’s infrastructure plans should not depend on every project meeting its deadline after a natural gas pipeline delay pushed the in-service date for its New Mexico data center to February 2027. The facility is part of Oracle’s Stargate buildout with OpenAI. The New Mexico State Land Office twice denied a permit for the pipeline needed to power the site, prompting Oracle to use Bloom Energy fuel cells for on-site power. Magouyrk said construction remains on track and that data centers generally come online in phases over several quarters, limiting the revenue impact of delays at individual locations. Oracle also reported first-quarter earnings and revenue above analyst expectations, raised fiscal adjusted earnings-per-share guidance to $8.10 from $8.05, and forecast full-year revenue of more than $90 billion. The stock closed down 1.47% at $152.94 on Thursday before rising 4.13% in extended trading to $159.26.