About Plains All American Pipeline, L.P. (NYSE:PAA)
Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Company's transportation segment operations consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. Its Facilities segment operations consist of activities associated with providing storage, terminaling and throughput services for crude oil, refined products, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. Its supply and logistics segment operations consist of the merchant-related activities, including the purchase of the United States and Canadian crude oil at the wellhead, the bulk purchase of crude oil at pipeline, terminal and rail facilities.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Transportation Services
- Sub-Industry: N/A
- Symbol: NYSE:PAA
- CUSIP: N/A
- Web: www.plainsallamerican.com
- Market Cap: $14.9679 billion
- Outstanding Shares: 725,189,000
- 50 Day Moving Avg: $21.51
- 200 Day Moving Avg: $24.91
- 52 Week Range: $18.82 - $33.95
Sales & Book Value:
- Trailing P/E Ratio: 15.73
- Foreward P/E Ratio: 13.41
- P/E Growth: 0.28
- Annual Revenue: $23.87 billion
- Price / Sales: 0.62
- Book Value: $12.33 per share
- Price / Book: 1.65
- Annual Dividend: $2.20
- Dividend Yield: 10.7%
- EBITDA: $2.01 billion
- Net Margins: 4.42%
- Return on Equity: 10.14%
- Return on Assets: 3.41%
- Debt-to-Equity Ratio: 1.12%
- Current Ratio: 0.94%
- Quick Ratio: 0.69%
- Average Volume: 3.27 million shs.
- Beta: 0.98
- Short Ratio: 3.5
Frequently Asked Questions for Plains All American Pipeline, L.P. (NYSE:PAA)
What is Plains All American Pipeline, L.P.'s stock symbol?
Plains All American Pipeline, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAA."
How often does Plains All American Pipeline, L.P. pay dividends? What is the dividend yield for Plains All American Pipeline, L.P.?
Plains All American Pipeline, L.P. announced a quarterly dividend on Wednesday, October 11th. Stockholders of record on Tuesday, October 31st will be given a dividend of $0.30 per share on Tuesday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 5.89%. The ex-dividend date is Monday, October 30th. View Plains All American Pipeline, L.P.'s Dividend History.
How were Plains All American Pipeline, L.P.'s earnings last quarter?
Plains All American Pipeline, L.P. (NYSE:PAA) posted its earnings results on Monday, August, 7th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.05. The company earned $6.08 billion during the quarter, compared to the consensus estimate of $5.50 billion. Plains All American Pipeline, L.P. had a return on equity of 10.14% and a net margin of 4.42%. Plains All American Pipeline, L.P.'s revenue was up 22.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.12) EPS. View Plains All American Pipeline, L.P.'s Earnings History.
When will Plains All American Pipeline, L.P. make its next earnings announcement?
Where is Plains All American Pipeline, L.P.'s stock going? Where will Plains All American Pipeline, L.P.'s stock price be in 2017?
22 brokers have issued 1-year price targets for Plains All American Pipeline, L.P.'s stock. Their predictions range from $20.00 to $37.00. On average, they anticipate Plains All American Pipeline, L.P.'s stock price to reach $27.32 in the next twelve months. View Analyst Ratings for Plains All American Pipeline, L.P..
What are analysts saying about Plains All American Pipeline, L.P. stock?
Here are some recent quotes from research analysts about Plains All American Pipeline, L.P. stock:
- 1. According to Zacks Investment Research, "Plains All American’s unit underperformed the return from the industry in the last one month. The partnership is subject to several regulations. Delay in completion of ongoing projects could increase the partnership’s operating costs. In addition, intense competition in the midstream space continues to pose a threat. Moreover, Plains All American's NGL business has been delivering weak performance lately. This in turn forced the partnership to lower its EBITDA guidance for 2017. However, the partnership is modifying the way it manages inventory and implementing contractual provisions that will reduce earnings volatility." (10/18/2017)
- 2. Stifel Nicolaus analysts commented, "Plains All American Pipeline, L.P. posted 4Q16 Adjusted EBITDA of $600 million, up from $575 million in 4Q15 and in line with our estimate of $586 million. Results on the quarter benefited from the partnership's robust Permian footprint as well as the recently placed in service Saddlehorn pipeline. Management provided an update to its FY17 guidance and expects $2.36 billion of Adjusted EBITDA, up from $2.17 billion in FY16. Although management had positive commentary around the partnership's long-term outlook in the Permian, we believe near-term challenges persist such as a stretched balance sheet and equity needs. We retain a positive outlook on the partnership's growth plans and operational leverage, but believe units are fairly valued. At this time we are maintaining our Hold rating." (2/9/2017)
Who are some of Plains All American Pipeline, L.P.'s key competitors?
Some companies that are related to Plains All American Pipeline, L.P. include Williams Companies, Inc. (The) (WMB), ONEOK (OKE), Sunoco Logistics Partners LP (ETP), Magellan Midstream Partners L.P. (MMP), MPLX LP (MPLX), Cheniere Energy Partners LP (CQP), Cheniere Energy Partners LP (CQP), Spectra Energy Partners, LP (SEP), Pembina Pipeline Corp. (PBA), Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners, LP (ENBL), EQT Midstream Partners, LP (EQM), EnLink Midstream Partners, LP (ENLK), Phillips 66 Partners LP (PSXP), Shell Midstream Partners, L.P. (SHLX), Andeavor Logistics LP (ANDX) and Tesoro Logistics LP (ANDX).
Who are Plains All American Pipeline, L.P.'s key executives?
Plains All American Pipeline, L.P.'s management team includes the folowing people:
- Greg L. Armstrong, Chairman of the Board, Chief Executive Officer of Plains All American GP LLC
- Harry N. Pefanis, President, Chief Operating Officer, Director of Plains All American GP LLC
- Jason Balasch, President, Plains Midstream Canada of Plains All American GP LLC
- Aloys P. Swanson, Chief Financial Officer, Executive Vice President of Plains All American GP LLC
- Sandi Wingert, Senior Vice President and Chief Financial Officer, Plains Midstream Canada
- Richard K. McGee, Executive Vice President, General Counsel, Secretary of Plains All American GP LLC
- Wilfred Chiang, Executive Vice President, Chief Operating Officer - U.S. Operating & Commercial Activities, Director of Plains All American GP LLC
- Mark John Gorman, Executive Vice President of Plains All American GP LLC
- Daniel J. Nerbonne, Executive Vice President—Operations and Engineering of Plains All American GP LLC
- John P. vonBerg, Executive Vice President - Commercial Activities of Plains All American GP LLC
Who owns Plains All American Pipeline, L.P. stock?
Plains All American Pipeline, L.P.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (0.04%), Adams Asset Advisors LLC (0.03%), Rockefeller Financial Services Inc. (0.01%), Bridges Investment Counsel Inc. (0.00%) and Winslow Evans & Crocker Inc. (0.00%). Company insiders that own Plains All American Pipeline, L.P. stock include Gary R Petersen, Greg L Armstrong, John Vonberg, Phil D Kramer and W David Duckett. View Institutional Ownership Trends for Plains All American Pipeline, L.P..
Who sold Plains All American Pipeline, L.P. stock? Who is selling Plains All American Pipeline, L.P. stock?
Who bought Plains All American Pipeline, L.P. stock? Who is buying Plains All American Pipeline, L.P. stock?
Plains All American Pipeline, L.P.'s stock was purchased by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC and Rockefeller Financial Services Inc.. Company insiders that have bought Plains All American Pipeline, L.P. stock in the last two years include Gary R Petersen, Greg L Armstrong and Phil D Kramer. View Insider Buying and Selling for Plains All American Pipeline, L.P..
How do I buy Plains All American Pipeline, L.P. stock?
Shares of Plains All American Pipeline, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Plains All American Pipeline, L.P.'s stock price today?
MarketBeat Community Rating for Plains All American Pipeline, L.P. (NYSE PAA)MarketBeat's community ratings are surveys of what our community members think about Plains All American Pipeline, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Plains All American Pipeline, L.P. stock can currently be purchased for approximately $20.39.
Consensus Ratings for Plains All American Pipeline, L.P. (NYSE:PAA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||14 Hold Ratings, 8 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.36)|
|Consensus Price Target: ||$27.32 (33.97% upside)|Consensus Price Target History for Plains All American Pipeline, L.P. (NYSE:PAA)
Analysts' Ratings History for Plains All American Pipeline, L.P. (NYSE:PAA)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||BMO Capital Markets||Set Price Target||Buy||$25.00||N/A|
|10/16/2017||Jefferies Group LLC||Reiterated Rating||Buy||$23.00||N/A|
|10/12/2017||Robert W. Baird||Set Price Target||Hold||$20.00||N/A|
|10/10/2017||Seaport Global Securities||Initiated Coverage||Neutral||$23.00||N/A|
|8/28/2017||Bank of America Corporation||Lower Price Target||Neutral||$26.00 -> $22.00||Low|
|8/28/2017||Stifel Nicolaus||Set Price Target||Hold||$26.00 -> $21.00||High|
|8/28/2017||Raymond James Financial, Inc.||Upgrade||Outperform -> Buy||$24.00||High|
|8/10/2017||Citigroup Inc.||Reiterated Rating||Buy||$33.50 -> $28.00||Medium|
|8/9/2017||Barclays PLC||Reiterated Rating||Buy||$28.00||Low|
|8/9/2017||Morgan Stanley||Downgrade||Overweight -> Equal Weight||$32.00 -> $25.00||High|
|8/8/2017||Scotia Howard Weill||Reiterated Rating||Sector Outperform -> Sector Perform||High|
|8/8/2017||Scotiabank||Downgrade||Outperform -> Hold||$36.00 -> $26.00||High|
|7/13/2017||Deutsche Bank AG||Downgrade||Buy -> Hold||$34.00 -> $29.00||Medium|
|7/10/2017||Mizuho||Upgrade||Neutral -> Buy||$30.00||Low|
|4/21/2017||Wolfe Research||Reiterated Rating||Market Perform||Low|
|2/16/2017||FBR & Co||Set Price Target||Hold||$30.00||N/A|
|2/10/2017||Royal Bank Of Canada||Reiterated Rating||Hold -> Neutral||N/A|
|12/9/2016||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$29.00 -> $37.00||N/A|
|12/4/2016||Credit Suisse Group||Reiterated Rating||Neutral||$33.00 -> $35.00||N/A|
|10/13/2016||Piper Jaffray Companies||Upgrade||Neutral -> Overweight||$36.00||N/A|
|10/5/2016||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|8/31/2016||Wunderlich||Boost Price Target||Hold||$28.00 -> $29.00||N/A|
|8/3/2016||Goldman Sachs Group Inc||Upgrade||Sell -> Neutral||$21.00 -> $26.00||N/A|
|6/14/2016||SunTrust Banks, Inc.||Initiated Coverage||Neutral||$30.00||N/A|
|1/13/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Market Perform||N/A|
|1/13/2016||Capital One Financial Corporation||Downgrade||Overweight -> Equal Weight||N/A|
Earnings History for Plains All American Pipeline, L.P. (NYSE:PAA)Earnings History by Quarter for Plains All American Pipeline, L.P. (NYSE PAA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 2017||$0.26||$0.21||$5.50 billion||$6.08 billion||View||Listen|
|5/8/2017||Q1 2017||$0.36||$0.27||$5.34 billion||$6.67 billion||View||Listen|
|2/7/2017||Q4 2016||$0.47||$0.37||$6.42 billion||$5.95 billion||View||N/A|
|5/4/2016||Q1||$0.37||$0.45||$6.79 billion||$4.11 billion||View||N/A|
|2/8/2016||Q4||$0.46||$0.38||$7.30 billion||$5.00 billion||View||N/A|
|11/3/2015||Q3||$0.24||$0.28||$7.12 billion||$5.55 billion||View||N/A|
|8/4/2015||Q2||$0.29||$0.27||$7.52 billion||$6.66 billion||View||N/A|
|5/5/2015||Q115||$0.54||$0.57||$10.70 billion||$5.94 billion||View||N/A|
|2/4/2015||Q414||$0.63||$0.60||$11.65 billion||$9.46 billion||View||N/A|
|11/5/2014||Q314||$0.52||$0.53||$11.47 billion||$11.12 billion||View||N/A|
|8/6/2014||Q2||$0.50||$0.50||$10.53 billion||$11.20 billion||View||N/A|
|5/7/2014||$0.65||$0.65||$11.26 billion||$11.68 billion||View||N/A|
|2/4/2014||Q413||$0.70||$0.76||$11.23 billion||$10.63 billion||View||N/A|
|11/4/2013||$0.50||$0.53||$9.57 billion||$10.70 billion||View||N/A|
|8/5/2013||Q2 2013||$0.60||$0.56||$9.88 billion||$10.30 billion||View||N/A|
|5/6/2013||Q1 2013||$0.97||$1.26||$11.14 billion||$10.62 billion||View||N/A|
|2/6/2013||Q4 2012||$0.75||$0.69||$158.00 billion||$9.44 billion||View||N/A|
|11/5/2012||Q312||$0.53||$0.73||$9.07 billion||$9.35 billion||View||N/A|
Earnings Estimates for Plains All American Pipeline, L.P. (NYSE:PAA)
2017 EPS Consensus Estimate: $1.32
2018 EPS Consensus Estimate: $1.78
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Plains All American Pipeline, L.P. (NYSE:PAA)
|Dividend Growth:||4.50% (3 Year Average)|
|Payout Ratio:||165.41% (Trailing 12 Months of Earnings) |
153.85% (Based on This Year's Estimates)
144.74% (Based on Next Year's Estimates)
Dividend History by Quarter for Plains All American Pipeline, L.P. (NYSE PAA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Plains All American Pipeline, L.P. (NYSE:PAA)
Insider Ownership Percentage: 1.30%Insider Trades by Quarter for Plains All American Pipeline, L.P. (NYSE:PAA)
Institutional Ownership Percentage: 42.08%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/12/2016||John Vonberg||EVP||Sell||6,675||$32.56||$217,338.00|| |
|8/18/2016||John Vonberg||EVP||Sell||35,410||$29.95||$1,060,529.50|| |
|8/18/2016||W David Duckett||CEO||Sell||17,333||$29.76||$515,830.08|| |
|2/11/2016||Greg L Armstrong||CEO||Buy||50,000||$15.65||$782,500.00|| |
|2/10/2016||Gary R Petersen||Director||Buy||10,000||$15.42||$154,200.00|| |
|2/10/2016||Greg L Armstrong||CEO||Buy||158,066||$16.06||$2,538,539.96|| |
|12/14/2015||Phil D. Kramer||VP||Buy||25,000||$18.97||$474,250.00|| |
|11/17/2015||W David Duckett||major shareholder||Sell||30,500||$26.70||$814,350.00|| |
|9/28/2015||John T Raymond||Director||Buy||25,000||$28.00||$700,000.00|| |
|8/10/2015||Greg L Armstrong||CEO||Buy||20,000||$36.46||$729,200.00|| |
|5/19/2015||Chris Herbold||VP||Sell||12,695||$49.51||$628,529.45|| |
|11/19/2014||John R Rutherford||EVP||Sell||8,225||$53.70||$441,682.50|| |
|9/2/2014||Chris Herbold||VP||Sell||1,500||$59.97||$89,955.00|| |
|8/25/2014||John T Raymond||Director||Sell||258,098||$58.36||$15,062,599.28|| |
|8/14/2014||Phil D Kramer||VP||Sell||14,100||$58.36||$822,876.00|| |
|5/29/2014||W David Duckett||Major Shareholder||Sell||208,182||$55.79||$11,614,473.78|| |
|5/22/2014||John Vonberg||VP||Sell||20,898||$57.27||$1,196,828.46|| |
|5/19/2014||Al Swanson||CFO||Sell||23,220||$56.38||$1,309,143.60|| |
|3/13/2014||W David Duckett||major shareholder||Sell||136,425||$52.92||$7,219,611.00|| |
|11/26/2013||John Rutherford||EVP||Sell||20,800||$52.01||$1,081,808.00|| |
|5/22/2013||W David Duckett||Insider||Sell||30,900||$59.25||$1,830,825.00|| |
|5/21/2013||Phil D Kramer||VP||Sell||10,000||$59.08||$590,800.00|| |
|5/16/2013||Al Swanson||CFO||Sell||36,766||$57.92||$2,129,486.72|| |
|11/26/2012||Phil D Kramer||VP||Sell||10,000||$45.99||$459,900.00|| |
Headline Trends for Plains All American Pipeline, L.P. (NYSE:PAA)
Latest Headlines for Plains All American Pipeline, L.P. (NYSE:PAA)
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Plains All American Pipeline, L.P. (PAA) Chart for Saturday, October, 21, 2017