Plains All American Pipeline
PAA

$18.38

2%

Market Cap: 12.9B

About: Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

Employees: 4,200

Energy Pipe Lines, Except Natural Gas

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 11 analysts

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

208% more call options, than puts

Call options by funds: $120M | Put options by funds: $39.1M

18% more funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 13 (+2) [Q1 2024]

15% more capital invested

Capital invested by funds: $4.44B [Q4 2023] → $5.1B (+$666M) [Q1 2024]

12% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 90

0.16% more ownership

Funds ownership: 41.8% [Q4 2023] → 41.95% (+0.16%) [Q1 2024]

0% more funds holding

Funds holding: 344 [Q4 2023] → 344 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 39

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$16

13%

downside

Avg. target

$20

10%

upside

High target

$23

25%

upside

11 analyst ratings

7 positive

64%

3 neutral

27%

1 negative

9%

UBS Shneur Gershuni	20%upside $22	Buy Maintained	2 Jul 2024
Morgan Stanley Robert Kad	9%upside $20	Overweight Maintained	10 Jun 2024
RBC Capital Elvira Scotto	2%downside $18	Sector Perform Maintained	14 May 2024
Wells Fargo Michael Blum	9%upside $20	Overweight Maintained	8 May 2024
Citigroup Spiro Dounis	2%downside $18	Neutral Maintained	6 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about PAA published over the past 30 days

24/7 Wall Street

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24/7 Wall Street Insights Inflation is alive and thriving; a woman's recent comparison of a 30 item Walmart shopping list between 2020 and 2024 showed a 135.6% inflation price hike and went viral.

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Zacks Investment Research

Plains All American Pipeline, L.P. (PAA) Hit a 52 Week High, Can the Run Continue?

Plains All American (PAA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Plains All American Pipeline, L.P. (PAA) Hit a 52 Week High, Can the Run Continue?

Zacks Investment Research

Why Fast-paced Mover Plains All American (PAA) Is a Great Choice for Value Investors

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Plains All American (PAA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Plains All American (PAA) Is a Great Choice for Value Investors

Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second-Quarter 2024 Earnings

HOUSTON, July 03, 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 second quarter of 2024 and also announced timing of second quarter 2024 earnings.

Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second-Quarter 2024 Earnings

Plains All American's 2023 Schedule K-3 Now Available

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) (the “Partnership”) today announced that its 2023 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican

Plains All American's 2023 Schedule K-3 Now Available

Examining Plains All American Pipeline's Financial Portrait

First quarter adjusted EBITDA net PAA was $718 million. The company reaffirmed adjusted EBITDA guidance ranged between $2.625 billion to $2.725 billion for 2024. Acquired additional 10% in Saddlehorn Pipeline Company, LLC and Mid-Con terminal asset for $110 million, expected to enhance position in Rockies and Mid-Con.

Examining Plains All American Pipeline's Financial Portrait

Zacks Investment Research

3 Oil & Gas Pipeline Stocks Benefiting From Industry Prosperity

Having a huge backlog of growth projects, midstream players secure additional cashflows, thereby brightening the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Some of the frontrunners in the industry are Enterprise (EPD), Energy Transfer (ET), and Plains All American Pipeline (PAA).

3 Oil & Gas Pipeline Stocks Benefiting From Industry Prosperity

Plains All American: The Dividend Story Has Strengthened After Q1 Report

In my latest article on Plains All American I made it clear that PAA is mostly a dividend play rather than an investment from which we could expect strong price appreciation. So far, the stock price has dropped, while the underlying fundamentals have become more supportive for a juicy dividend case. In this article I assess the details of Q1 earnings report and justify why, in my opinion, PAA is an enticing investment case for investors, who seek high and de-risked yield.

Plains All American: The Dividend Story Has Strengthened After Q1 Report

Plains All American Announces Pricing of Public Offering of $650 Million of Senior Notes

HOUSTON, June 17, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it and PAA Finance Corp., a wholly-owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the “Offering”) of $650 million aggregate principal amount of 5.700% senior unsecured notes (the “Notes”) due 2034 at a price to the public of 99.953% of their face value. The Offering is expected to close on June 27, 2024, subject to the satisfaction of customary closing conditions.

Plains All American Announces Pricing of Public Offering of $650 Million of Senior Notes

Zacks Investment Research

Is Plains All American Pipeline (PAA) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Plains All American Pipeline (PAA) a Great Value Stock Right Now?

See News Rankings