Plains All American Pipeline
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 7,139 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
34% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 89
33% more call options, than puts
Call options by funds: $89M | Put options by funds: $66.7M
1% more funds holding
Funds holding: 365 [Q3] → 368 (+3) [Q4]
0.38% less ownership
Funds ownership: 42.69% [Q3] → 42.31% (-0.38%) [Q4]
2% less capital invested
Capital invested by funds: $5.2B [Q3] → $5.09B (-$107M) [Q4]
22% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 7 (-2) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
7%
downside
Avg. target
$22
5%
upside
High target
$24
17%
upside
4 analyst ratings
2 positive
50%
1 neutral
25%
1 negative
25%
Raymond James Justin Jenkins 42% 1-year accuracy 8 / 19 met price target | 17%upside $24 | Strong Buy Maintained | 28 Jan 2025 |
Barclays Theresa Chen 46% 1-year accuracy 12 / 26 met price target | 7%downside $19 | Underweight Maintained | 16 Jan 2025 |
Scotiabank Holly Stewart 67% 1-year accuracy 2 / 3 met price target | 12%upside $23 | Sector Outperform Reinstated | 10 Jan 2025 |
Wells Fargo Michael Blum 75% 1-year accuracy 27 / 36 met price target | 2%downside $20 | Equal-Weight Downgraded | 18 Dec 2024 |
Financial journalist opinion
Based on 15 articles about PAA published over the past 30 days
Positive
The Motley Fool
3 days ago
2 High-Octane, High-Yielding Dividends You Won't Want to Miss
Most high-yielding dividend stocks tend to be slower-growing companies. Because of that, the income stream makes up the bulk of the return you'll earn on the investment.
Positive
Seeking Alpha
1 week ago
Income Strategy: 2 Energy Bargains Up To 8% Yield
Energy stocks have retreated again as of late, presenting good value opportunities for those seeking income and value. In this article, I highlight two such names, which offer well-covered dividends and moat-worthy businesses. Both carry strong balance sheets and are trading at an attractive valuation, giving investors plenty of upside potential alongside income.
Positive
24/7 Wall Street
1 week ago
Interest Rates Not Going Any Lower in 2025: Grab These High-Yield 7% Dividend All-Stars Now
Nine months ago, Wall Street pundits were certain that four interest-rate cuts of 25 basis points each would occur in 2025.
Positive
Zacks Investment Research
1 week ago
Despite Fast-paced Momentum, Plains All American (PAA) Is Still a Bargain Stock
Plains All American (PAA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Negative
Seeking Alpha
2 weeks 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.
Neutral
Zacks Investment Research
2 weeks 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.
Neutral
Seeking Alpha
2 weeks 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.
Negative
Zacks Investment Research
2 weeks 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.
Positive
Seeking Alpha
2 weeks 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.
Neutral
GlobeNewsWire
2 weeks 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:
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