PAA icon

Plains All American Pipeline

19.75 USD
+0.35
1.80%
At close Feb 10, 4:00 PM EST
After hours
19.75
+0.00
0.00%
1 day
1.80%
5 days
-0.70%
1 month
4.61%
3 months
14.10%
6 months
16.04%
Year to date
14.03%
1 year
25.24%
5 years
25.88%
10 years
-61.17%
 

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

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

112% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 17

59% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 78

30% more call options, than puts

Call options by funds: $106M | Put options by funds: $81.6M

3% more funds holding

Funds holding: 352 [Q2] → 363 (+11) [Q3]

1.19% less ownership

Funds ownership: 43.89% [Q2] → 42.69% (-1.19%) [Q3]

5% less capital invested

Capital invested by funds: $5.5B [Q2] → $5.2B (-$298M) [Q3]

36% less funds holding in top 10

Funds holding in top 10: 14 [Q2] → 9 (-5) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$19
4%
downside
Avg. target
$21
6%
upside
High target
$24
22%
upside

5 analyst ratings

positive
40%
neutral
40%
negative
20%
Raymond James
Justin Jenkins
47% 1-year accuracy
9 / 19 met price target
22%upside
$24
Strong Buy
Maintained
28 Jan 2025
Barclays
Theresa Chen
46% 1-year accuracy
12 / 26 met price target
4%downside
$19
Underweight
Maintained
16 Jan 2025
Scotiabank
Holly Stewart
67% 1-year accuracy
2 / 3 met price target
16%upside
$23
Sector Outperform
Reinstated
10 Jan 2025
Wells Fargo
Michael Blum
74% 1-year accuracy
26 / 35 met price target
1%upside
$20
Equal-Weight
Downgraded
18 Dec 2024
RBC Capital
Elvira Scotto
97% 1-year accuracy
30 / 31 met price target
4%downside
$19
Sector Perform
Reiterated
15 Nov 2024

Financial journalist opinion

Based on 18 articles about PAA published over the past 30 days

Negative
Seeking Alpha
2 days ago
Billionaire Investor Says 'Sell MLPs': Our Approach
My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our view on the sector right now.
Billionaire Investor Says 'Sell MLPs': Our Approach
Neutral
Zacks Investment Research
3 days ago
Plains All American (PAA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Plains All American (PAA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Plains All American (PAA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Neutral
Seeking Alpha
3 days ago
Plains All American Pipeline, L.P. Common Units (PAA) Q4 2024 Earnings Call Transcript
Plains All American Pipeline, L.P. Common Units (NASDAQ:PAA ) Q4 2024 Results Conference Call February 7, 2025 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman and Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Jeremy Goebel - Executive Vice President and Chief Commercial Officer Chris Chandler - Executive Vice President and Chief Operating Officer Conference Call Participants Keith Stanley - Wolfe Research Manav Gupta - UBS Michael Blum - Wells Fargo Jeremy Tonet - JPMorgan Securities LLC Brandon Bingham - Scotiabank Spiro Dounis - Citi Sunil Sibal - Seaport Global Jean Ann Salisbury - Bank of America AJ O'Donnell - TPH Neal Dingmann - Truist Securities John Mackay - Goldman Sachs & Company Theresa Chen - Barclays Willie Chiang - closing remarks Operator Good day, and thank you for standing by.
Plains All American Pipeline, L.P. Common Units (PAA) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
3 days ago
Plains All American Q4 Earnings Miss Estimates, Sales Decline Y/Y
PAA's fourth-quarter 2024 earnings are lower than expectations, and revenues fall year over year.
Plains All American Q4 Earnings Miss Estimates, Sales Decline Y/Y
Positive
Seeking Alpha
3 days ago
2 High-Yield MLPs With Double-Digit Distribution Growth Ahead
Market volatility and uncertain inflation outlook have not hindered the market from going up. This has also applied for MLPs/midstream players, which have benefited from Trump's pro-conventional energy rhetoric. Yet, income-focused investors face mixed feelings as future earnings prospects improve but current income streams from MLPs become less tangible.
2 High-Yield MLPs With Double-Digit Distribution Growth Ahead
Neutral
GlobeNewsWire
3 days ago
Plains All American Reports Fourth-Quarter and Full-Year 2024 Results; Provides Update on Efficient Growth Initiatives and Announces 2025 Guidance
HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today reported fourth-quarter and full-year 2024 results, announced 2025 guidance and provided the following highlights:
Plains All American Reports Fourth-Quarter and Full-Year 2024 Results; Provides Update on Efficient Growth Initiatives and Announces 2025 Guidance
Neutral
Benzinga
3 days ago
Top Wall Street Forecasters Revamp Plains All American Pipeline Price Expectations Ahead Of Q4 Earnings
Plains All American Pipeline, L.P. PAA will release its fourth-quarter financial results, before the opening bell, on Friday, Feb. 7, 2025.
Top Wall Street Forecasters Revamp Plains All American Pipeline Price Expectations Ahead Of Q4 Earnings
Positive
Zacks Investment Research
4 days ago
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?
Positive
Zacks Investment Research
1 week ago
4 Stocks Trading Near 52-Week High With Room to Rise Further
Investors target stocks that have been on a bullish run lately. Stocks like ENS, DVA, REVG and PAA are seeing price strength and the momentum is likely to continue.
4 Stocks Trading Near 52-Week High With Room to Rise Further
Positive
24/7 Wall Street
1 week ago
Our 4 Favorite February High-Yield Stock Picks All Pay 7% and Higher Dividends
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations.
Our 4 Favorite February High-Yield Stock Picks All Pay 7% and Higher Dividends
Charts implemented using Lightweight Charts™