Plains All American Pipeline, L.P. (PAA)

NASDAQ: PAA · Real-Time Price · USD
20.06
-0.10 (-0.50%)
At close: Jan 17, 2025, 4:00 PM
20.25
+0.19 (0.95%)
After-hours: Jan 17, 2025, 5:45 PM EST
-0.50%
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]

Sector Energy
IPO Date Nov 17, 1998
Employees 4,200
Stock Exchange NASDAQ
Ticker Symbol PAA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$20.36
(1.50% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

6 days ago - Seeking Alpha

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...

6 days ago - GlobeNewsWire

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 ...

12 days ago - Business Wire

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...

12 days ago - GlobeNewsWire

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...

12 days ago - GlobeNewsWire

7-8% Yields: 3 Of My Favorite, High-Yield Blue Chips For 2025

Dividend investing done right is remarkably simple. I focus on businesses that are durable and defensive and have strong balance sheets and well-covered dividends. I share 3 all-star high-yields that ...

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17 days ago - Seeking Alpha

Buy The Drop On These Amazing Dividend Bargains

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20 days ago - Seeking Alpha

My Dividend Growth Cocktail Of 2025: 1 MLP, 1 BDC And 1 ETF

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22 days ago - Seeking Alpha

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4 weeks ago - Seeking Alpha

Piping Hot Yields: Why Plains All American's Distribution Is A Bargain

Exxon Mobil's strategic M&A and focus on high-margin traditional oil and gas have driven its market cap growth, outpacing peers. Plains All American Pipeline offers a compelling 7.1% yield, strong cas...

5 weeks ago - Seeking Alpha

Why Plains All American Is My High Conviction Income Stock

Plains All American offers a compelling investment with a high 6.9% yield, strong balance sheet, and undervaluation compared to peers. PAA's diversified midstream energy assets and robust growth in Pe...

6 weeks ago - Seeking Alpha

The Higher They Soar, The More I Buy

My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of...

Other symbols: AMLPCEGCVXDKLENBEPDET
2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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.

2 months ago - Reuters

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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.

2 months ago - GlobeNewsWire

My 2 Top Conviction Bargains, Up To 7% Yield

Stock market irrationality creates opportunities for value investors. In this article, I present 2 quality bargain stocks trading well below their 52-week highs. Alexandria Real Estate offers a 4.5% y...

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3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

Invest $100,000 For Durable Income Without Losing Sleep At Night

Achieving the first $100,000 is crucial for portfolio diversification and accessing material reinvestment opportunities. If the objective is to build a massive snowball from durable income investments...

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3 months ago - Seeking Alpha

Midstream Energy - Relative Quality

Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...

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3 months ago - Seeking Alpha

ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC

On September 30, 2024, ALPS Advisors Inc., a prominent asset management firm, made a significant addition to its investment portfolio by acquiring 2,773,743 shares of EnLink Midstream LLC (ENLC, Finan...

Other symbols: ENLCEPDETMPLXWES
3 months ago - GuruFocus

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...

3 months ago - GlobeNewsWire

The More It Underperforms, The More I Buy

There is a leading blue-chip that has been a serial underperformer over the past half decade. However, it has a very strong balance sheet, a sky-high yield that is well covered, and it continues to gr...

3 months ago - Seeking Alpha