Plains All American Pipeline, L.P. (PAA)
| Market Cap | 12.04B |
| Revenue (ttm) | 50.37B |
| Net Income (ttm) | 788.00M |
| Shares Out | 703.67M |
| EPS (ttm) | 1.12 |
| PE Ratio | 15.10 |
| Forward PE | 11.73 |
| Dividend | $1.27 (7.48%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 58,613 |
| Open | 16.80 |
| Previous Close | 16.98 |
| Day's Range | 16.78 - 17.11 |
| 52-Week Range | 15.03 - 19.17 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 20.22 (+18.18%) |
| 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 9 analysts, the average rating for PAA stock is "Buy." The 12-month stock price forecast is $20.22, which is an increase of 18.18% from the latest price.
News
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...
Why Plains All American Is My High Conviction Income Stock
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The Higher They Soar, The More I Buy
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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...
Invest $100,000 For Durable Income Without Losing Sleep At Night
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Midstream Energy - Relative Quality
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ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC
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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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Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late
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Market Jitters, Dividend Winners: 2 High-Yields To Buy Now
Recent market volatility has created attractive buying opportunities in high-yield stocks like Hercules Capital and Plains All American. HTGC offers a 10.4% total dividend yield, driven by a low-cost ...
Plains All American Pipeline Vs. Enbridge: Only One Is A Buy
ENB and PAA/PAGP are leading midstream businesses with attractive yields and strong balance sheets. ENB has a better long-term track record than PAA/PAGP, but PAA/PAGP has outperformed ENB recently. W...
Plains All American: Flat Share Price But Improved Business, It Is Still A Buy
Plains All American has delivered a strong quarter yet again. Apart from healthy EBITDA dynamics, PAA raised the guidance, initiated some steps in the M&A field, and signed an attractive long-term agr...
I'm Putting New Money To Work On These 6-7% Yields
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Plains All American: 7.3% Yield And 190% Dividend Coverage
PAA offers a 7.3% distribution yield with strong coverage ratio and steady growth potential. The company has diversified assets, strong balance sheet, and strategic shift towards fee-based business. P...
Plains All American Releases 2023 Sustainability Report
HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced that the company's 2023 Sustainability Report Update i...
Plains All American Pipeline, L.P. (PAA) Q2 2024 Earnings Call Transcript
Plains All American Pipeline, L.P. (NASDAQ:PAA) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - C...