Plains All American Pipeline (PAA) Stock Price, News & Analysis

Company Overview

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 involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

Key Stats

• Today's Range: $16.78 to $17.18
• 50-Day Range: $16.27 to $18.67
• 52-Week Range: $15.02 to $19.17
• Volume: 6.13 million shs
• Average Volume: 2.85 million shs
• Market Capitalization: $11.92 billion
• P/E Ratio: 15.13
• Dividend Yield: 7.50%
• Price Target: $19.82
• Consensus Rating: Hold

Plains All American Pipeline Stock Analysis - MarketRank™

Plains All American Pipeline scored higher than 49% of companies evaluated by MarketBeat, and ranked 193rd out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Plains All American Pipeline has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Plains All American Pipeline has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.10%

Earnings Growth

Earnings for Plains All American Pipeline are expected to grow by 12.10% in the coming year, from $1.24 to $1.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Plains All American Pipeline is 15.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plains All American Pipeline is 15.13, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.81.

Price to Book Value per Share Ratio

Plains All American Pipeline has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PAA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Plains All American Pipeline is a leading dividend payer. It pays a dividend yield of 7.24%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Plains All American Pipeline does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Plains All American Pipeline is 113.39%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Plains All American Pipeline will have a dividend payout ratio of 91.37% in the coming year. This indicates that Plains All American Pipeline may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PAA.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.58

News Sentiment

Plains All American Pipeline has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Plains All American Pipeline this week, compared to 5 articles on an average week.

Search Interest

14 people have searched for PAA on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Plains All American Pipeline to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Plains All American Pipeline insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.85% of the stock of Plains All American Pipeline is held by insiders.

Percentage Held by Institutions

41.78% of the stock of Plains All American Pipeline is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PAA Stock Analysis - Frequently Asked Questions

How have PAA shares performed this year?

Plains All American Pipeline's stock was trading at $15.15 at the start of the year. Since then, PAA shares have increased by 11.8% and is now trading at $16.94.
View the best growth stocks for 2024 here.

How were Plains All American Pipeline's earnings last quarter?

Plains All American Pipeline, L.P. (NYSE:PAA) announced its quarterly earnings results on Friday, November, 8th. The pipeline company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. The company's revenue was up 5.6% on a year-over-year basis.

Who are Plains All American Pipeline's major shareholders?

Top institutional shareholders of Plains All American Pipeline include Kayne Anderson Capital Advisors LP (1.08%), Brookfield Corp ON (0.59%), Chickasaw Capital Management LLC (0.59%) and Infrastructure Capital Advisors LLC (0.54%). Insiders that own company stock include Jeremy L Goebel and Kevin S Mccarthy.
View institutional ownership trends.

How do I buy shares of Plains All American Pipeline?

Shares of PAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Plains All American Pipeline own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Plains All American Pipeline investors own include NVIDIA (NVDA), Energy Transfer (ET), Enterprise Products Partners (EPD), Invesco QQQ (QQQ), Meta Platforms (META), Advanced Micro Devices (AMD) and Broadcom (AVGO).

Company Calendar

• Ex-Dividend for 11/14 Dividend: 10/31/2024
• Last Earnings: 11/08/2024
• Dividend Payable: 11/14/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Pipelines, except natural gas
• Sub-Industry: Transportation
• Current Symbol: NYSE:PAA
• CUSIP: N/A
• CIK: 1070423
• Web: www.plainsallamerican.com
• Phone: (713) 646-4100
• Fax: 713-646-4680
• Employees: 4,200
• Year Founded: 1989

Price Target and Rating

• Average Stock Price Target: $19.82
• High Stock Price Target: $23.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.27
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.12
• Trailing P/E Ratio: 15.13
• Forward P/E Ratio: 13.66
• P/E Growth: N/A
• Net Income: $1.23 billion
• Net Margins: 2.08%
• Pretax Margin: 3.08%
• Return on Equity: 11.63%
• Return on Assets: 4.82%

Debt

• Debt-to-Equity Ratio: 0.64
• Current Ratio: 1.01
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $50.37 billion
• Price / Sales: 0.24
• Cash Flow: $3.11 per share
• Price / Cash Flow: 5.45
• Book Value: $16.31 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 703,669,000
• Free Float: 697,688,000
• Market Cap: $11.92 billion
• Optionable: Optionable
• Beta: 1.64