Plains All American Pipeline, L.P. (PAA)
Market Cap | 14.12B |
Revenue (ttm) | 50.37B |
Net Income (ttm) | 788.00M |
Shares Out | 703.67M |
EPS (ttm) | 1.12 |
PE Ratio | 17.85 |
Forward PE | 13.02 |
Dividend | $1.27 (6.33%) |
Ex-Dividend Date | Oct 31, 2024 |
Volume | 2,983,572 |
Open | 20.14 |
Previous Close | 20.16 |
Day's Range | 20.02 - 20.35 |
52-Week Range | 15.03 - 20.35 |
Beta | 1.62 |
Analysts | Buy |
Price Target | 20.36 (+1.5%) |
Earnings Date | Feb 7, 2025 |
About PAA
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and on barges or railcars. This segment provides terminaling, storage, and other facilities-related services, as well as merchant activities. The NGL segment is i... [Read more]
Financial Performance
In 2023, PAA's revenue was $48.71 billion, a decrease of -15.05% compared to the previous year's $57.34 billion. Earnings were $976.00 million, an increase of 17.45%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for PAA stock is "Buy." The 12-month stock price forecast is $20.36, which is an increase of 1.50% from the latest price.
News
Plains All American's Strong Permian Performance Reflects Strong Demand
Plains delivered a strong operational quarter, expecting to hit the top end of 2024 adjusted EBITDA guidance of $2.725 billion to $2.775 billion. Anticipating $1.45 billion in adjusted free cash flow ...
Plains All American Announces Pricing of Public Offering of $1 Billion of Senior Notes
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) today announced that it and PAA Finance Corp., a wholly owned subsidiary of PAA, as co-issuer, have priced a...
EnCap Flatrock Midstream Completes Two Transactions with Plains All American
SAN ANTONIO--(BUSINESS WIRE)--EnCap Flatrock Midstream (“EFM”) today announced the execution of two separate definitive agreements to sell Ironwood Midstream Energy Partners II, LLC (“Ironwood II” or ...
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Fourth Quarter 2024 Earnings
HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced today their quarterly distributions with respect to the four...
Plains All American Announces Bolt-on Acquisitions, Capital Structure Optimization & Distribution Increase
HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today three bolt-on acquisitions fo...
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Plains All American Pipeline Aims For Fee-Based Growth
Plains All American Pipeline, L.P. reported mixed Q3 '24 results with a revenue miss but an earnings beat, and guided to the top end of their adjusted EBITDA range for eFY24. Strength in Permian asset...
Plains All American agrees to pay about $73 mln to settle California oil spill lawsuit
Plains All American Pipeline has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill in Santa Barbara, a filing showed on Tuesday.
Plains All American Pipeline: Results Were Okay, Company Should Be A Nice Income Source
Plains All American Pipeline's Q3 2024 results were mixed, missing revenue expectations but beating non-GAAP earnings, leading to a 3.91% decline in unit price. Despite the revenue miss, gross profit ...
Plains All American Pipeline: Risky Fixed Income Play
Plains All American Pipeline maintains a stable market share and competitive advantage in crude oil transportation, but faces revenue volatility due to fluctuating oil prices. The company's profitabil...
Plains All American Pipeline, L.P. Common Units (PAA) Q3 2024 Earnings Call Transcript
Plains All American Pipeline, L.P. Common Units (NASDAQ:PAA) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Wi...
Plains All American Reports Third-Quarter 2024 Results
HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported third-quarter 2024 results.
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Financials For Plains All American Pipeline Remain Strong
Plains All American Pipeline reported positive results, including a $75 million EBITDA increase and favorable spreads on unhedged C3+ products. Growth is expected from Bolt-On acquisitions and crude v...
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Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Third Quarter 2024 Earnings
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced their quarterly distributions with respect to the thir...
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