Plains All American Pipeline
PAA
Market cap $12.2B

17.35 USD

-0.12

0.69%

At close Oct 17, 4:00 PM EDT

After hours

17.34

-0.01

0.06%

1 day

-0.69%

5 days

-2.20%

1 month

-2.47%

3 months

-7.86%

6 months

-0.06%

Year to date

13.40%

1 year

11.36%

5 years

-9.35%

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 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

157% more call options, than puts

Call options by funds: $121M | Put options by funds: $47.1M

15% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 93

8% more funds holding in top 10

Funds holding in top 10: 13 [Q1] → 14 (+1) [Q2]

1% less funds holding

Funds holding: 352 [Q1] → 350 (-2) [Q2]

1% less capital invested

Capital invested by funds: $5.28B [Q1] → $5.23B (-$43.8M) [Q2]

6% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 35

1.56% less ownership

Funds ownership: 43.35% [Q1] → 41.79% (-1.56%) [Q2]

See Fund Rankings

Research analyst outlook

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

Low target

$19

10%

upside

Avg. target

$19

10%

upside

High target

$19

10%

upside

2 analyst ratings

0 positive

0%

2 neutral

100%

0 negative

0%

RBC Capital Elvira Scotto 65% 1-year accuracy 15 / 23 met price target	10%upside $19	Sector Perform Reiterated	4 Sept 2024
RBC Capital Elvira Scotto 65% 1-year accuracy 15 / 23 met price target	10%upside $19	Sector Perform Reiterated	13 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about PAA published over the past 30 days

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 volume increases, though significant growth in crude production is uncertain. Management plans to refinance $1.7 billion in debt by 2026.

Financials For Plains All American Pipeline Remain Strong

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, there are only a few asset classes that tick the necessary boxes. In this article, I explain how I would allocate $100,000 among MLPs, BDCs, equity REITs, and SCHD.

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

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 a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK.

Midstream Energy - Relative Quality

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, Financial). This transaction increased the firm's total holdings in ENLC to 46,191,145 shares, marking a substantial investment move.

ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC

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 third quarter of 2024 and also announced timing of third quarter 2024 earnings.

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

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 grow its payout year after year. I discuss this opportunity and share why the more it underperforms, the more I buy it.

The More It Underperforms, The More I Buy

The Motley Fool

Oil Prices Are Down. Here Are 3 Energy Stocks That Can Prosper No Matter Where Prices Go Next.

Chevron has the balance sheet to weather energy industry cycles while continuing to pay investors well. Plains All American generates steady fee-based income as oil flows through its critical infrastructure network.

Oil Prices Are Down. Here Are 3 Energy Stocks That Can Prosper No Matter Where Prices Go Next.

Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late

My ideal stock has four specific qualities. There is one sector where these qualities still exist in abundance. I share some of the most attractive opportunities in the space and why this opportunity may not last much longer.

Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late

Zacks Investment Research

3 Oil & Gas Pipeline Stocks to Watch From a Prospering Industry

Midstream players secure additional cashflows from their huge backlog of growth projects, which brightens 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 to Watch From a Prospering Industry

2 Big Dividends That Are Worthy Of Your Retirement Portfolio

Current high interest rates provide an opportunity for retirement investors to secure defensive and meaningful dividend yields before rates potentially decline. Main Street Capital offers a robust 8.4% dividend yield, supported by strong credit metrics, diversified portfolios, and a conservative leverage profile. Plains All American Pipeline provides a 7.3% yield, backed by stable cash flows, healthy CapEx, and substantial dividend coverage, with potential for future increases.

2 Big Dividends That Are Worthy Of Your Retirement Portfolio

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