Plains All American Pipeline, L.P. Company Profile (NYSE:PAA)

About Plains All American Pipeline, L.P. (NYSE:PAA)

Plains All American Pipeline, L.P. logoPlains 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
Capitalization:
  • Market Cap: $14.9679 billion
  • Outstanding Shares: 725,189,000
Average Prices:
  • 50 Day Moving Avg: $21.51
  • 200 Day Moving Avg: $24.91
  • 52 Week Range: $18.82 - $33.95
P/E:
  • Trailing P/E Ratio: 15.73
  • Foreward P/E Ratio: 13.41
  • P/E Growth: 0.28
Sales & Book Value:
  • Annual Revenue: $23.87 billion
  • Price / Sales: 0.62
  • Book Value: $12.33 per share
  • Price / Book: 1.65
Dividend:
  • Annual Dividend: $2.20
  • Dividend Yield: 10.7%
Profitability:
  • EBITDA: $2.01 billion
  • Net Margins: 4.42%
  • Return on Equity: 10.14%
  • Return on Assets: 3.41%
Debt:
  • Debt-to-Equity Ratio: 1.12%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.69%
Misc:
  • 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?

Plains All American Pipeline, L.P. is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Plains All American Pipeline, L.P..

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?

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?

Plains All American Pipeline, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Bridges Investment Counsel Inc. and Winslow Evans & Crocker Inc.. View Insider Buying and Selling for Plains All American Pipeline, L.P..

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?

One share of Plains All American Pipeline, L.P. stock can currently be purchased for approximately $20.39.


MarketBeat Community Rating for Plains All American Pipeline, L.P. (NYSE PAA)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  410 (Vote Outperform)
Underperform Votes:  410 (Vote Underperform)
Total Votes:  820
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.

Analyst Ratings

Consensus Ratings for Plains All American Pipeline, L.P. (NYSE:PAA) (How are Consensus Ratings Calculated?)
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)
Price Target History for Plains All American Pipeline, L.P. (NYSE:PAA)
Analysts' Ratings History for Plains All American Pipeline, L.P. (NYSE:PAA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017BMO Capital MarketsSet Price TargetBuy$25.00N/AView Rating Details
10/16/2017Jefferies Group LLCReiterated RatingBuy$23.00N/AView Rating Details
10/12/2017Robert W. BairdSet Price TargetHold$20.00N/AView Rating Details
10/10/2017Seaport Global SecuritiesInitiated CoverageNeutral$23.00N/AView Rating Details
8/28/2017Bank of America CorporationLower Price TargetNeutral$26.00 -> $22.00LowView Rating Details
8/28/2017Stifel NicolausSet Price TargetHold$26.00 -> $21.00HighView Rating Details
8/28/2017Raymond James Financial, Inc.UpgradeOutperform -> Buy$24.00HighView Rating Details
8/10/2017Citigroup Inc.Reiterated RatingBuy$33.50 -> $28.00MediumView Rating Details
8/9/2017Barclays PLCReiterated RatingBuy$28.00LowView Rating Details
8/9/2017Morgan StanleyDowngradeOverweight -> Equal Weight$32.00 -> $25.00HighView Rating Details
8/8/2017Scotia Howard WeillReiterated RatingSector Outperform -> Sector PerformHighView Rating Details
8/8/2017ScotiabankDowngradeOutperform -> Hold$36.00 -> $26.00HighView Rating Details
7/13/2017Deutsche Bank AGDowngradeBuy -> Hold$34.00 -> $29.00MediumView Rating Details
7/10/2017MizuhoUpgradeNeutral -> Buy$30.00LowView Rating Details
4/21/2017Wolfe ResearchReiterated RatingMarket PerformLowView Rating Details
4/21/2017MacquarieReiterated RatingOutperform$36.00HighView Rating Details
4/17/2017GuggenheimInitiated CoverageNeutral$28.00LowView Rating Details
2/16/2017FBR & CoSet Price TargetHold$30.00N/AView Rating Details
2/10/2017Royal Bank Of CanadaReiterated RatingHold -> NeutralN/AView Rating Details
12/9/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$29.00 -> $37.00N/AView Rating Details
12/4/2016Credit Suisse GroupReiterated RatingNeutral$33.00 -> $35.00N/AView Rating Details
10/13/2016Piper Jaffray CompaniesUpgradeNeutral -> Overweight$36.00N/AView Rating Details
10/5/2016Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
8/31/2016WunderlichBoost Price TargetHold$28.00 -> $29.00N/AView Rating Details
8/3/2016Goldman Sachs Group IncUpgradeSell -> Neutral$21.00 -> $26.00N/AView Rating Details
6/14/2016SunTrust Banks, Inc.Initiated CoverageNeutral$30.00N/AView Rating Details
4/1/2016SimmonsInitiated CoverageNeutral$26.00N/AView Rating Details
1/13/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformN/AView Rating Details
1/13/2016Capital One Financial CorporationDowngradeOverweight -> Equal WeightN/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Plains All American Pipeline, L.P. (NYSE:PAA)
Earnings by Quarter for Plains All American Pipeline, L.P. (NYSE:PAA)
Earnings History by Quarter for Plains All American Pipeline, L.P. (NYSE PAA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017N/AView Earnings Details
8/7/2017Q2 2017$0.26$0.21$5.50 billion$6.08 billionViewListenView Earnings Details
5/8/2017Q1 2017$0.36$0.27$5.34 billion$6.67 billionViewListenView Earnings Details
2/7/2017Q4 2016$0.47$0.37$6.42 billion$5.95 billionViewN/AView Earnings Details
5/4/2016Q1$0.37$0.45$6.79 billion$4.11 billionViewN/AView Earnings Details
2/8/2016Q4$0.46$0.38$7.30 billion$5.00 billionViewN/AView Earnings Details
11/3/2015Q3$0.24$0.28$7.12 billion$5.55 billionViewN/AView Earnings Details
8/4/2015Q2$0.29$0.27$7.52 billion$6.66 billionViewN/AView Earnings Details
5/5/2015Q115$0.54$0.57$10.70 billion$5.94 billionViewN/AView Earnings Details
2/4/2015Q414$0.63$0.60$11.65 billion$9.46 billionViewN/AView Earnings Details
11/5/2014Q314$0.52$0.53$11.47 billion$11.12 billionViewN/AView Earnings Details
8/6/2014Q2$0.50$0.50$10.53 billion$11.20 billionViewN/AView Earnings Details
5/7/2014$0.65$0.65$11.26 billion$11.68 billionViewN/AView Earnings Details
2/4/2014Q413$0.70$0.76$11.23 billion$10.63 billionViewN/AView Earnings Details
11/4/2013$0.50$0.53$9.57 billion$10.70 billionViewN/AView Earnings Details
8/5/2013Q2 2013$0.60$0.56$9.88 billion$10.30 billionViewN/AView Earnings Details
5/6/2013Q1 2013$0.97$1.26$11.14 billion$10.62 billionViewN/AView Earnings Details
2/6/2013Q4 2012$0.75$0.69$158.00 billion$9.44 billionViewN/AView Earnings Details
11/5/2012Q312$0.53$0.73$9.07 billion$9.35 billionViewN/AView Earnings Details
8/6/2012$1.62$1.64ViewN/AView Earnings Details
5/7/2012$1.51$1.58ViewN/AView Earnings Details
11/2/2011$1.17$1.42ViewN/AView Earnings Details
8/3/2011$0.87$1.12ViewN/AView Earnings Details
5/5/2011$0.83$1.03ViewN/AView Earnings Details
2/9/2011$0.87$0.99ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Plains All American Pipeline, L.P. (NYSE:PAA)
2017 EPS Consensus Estimate: $1.32
2018 EPS Consensus Estimate: $1.78
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.32$0.38$0.35
Q2 20173$0.19$0.35$0.26
Q3 20174$0.18$0.36$0.26
Q4 20174$0.33$0.54$0.45
Q1 20182$0.39$0.52$0.46
Q2 20182$0.30$0.48$0.39
Q3 20182$0.35$0.45$0.40
Q4 20182$0.49$0.57$0.53
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Plains All American Pipeline, L.P. (NYSE:PAA)
Next Dividend:11/14/2017
Annual Dividend:$2.20
Dividend Yield:10.79%
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 Payments by Quarter for Plains All American Pipeline, L.P. (NYSE:PAA)

Dividend History by Quarter for Plains All American Pipeline, L.P. (NYSE PAA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/11/2017quarterly$0.305.56%10/30/201710/31/201711/14/2017
7/7/2017quarterly$0.558.45%7/27/20177/31/20178/14/2017
4/18/2017Quarterly$0.557.35%4/27/20175/1/20175/15/2017
1/10/2017quarterly$0.556.89%1/27/20171/31/20172/14/2017
10/3/2016Quarterly$0.5510/27/201610/31/201611/14/2016
7/12/2016Quarterly$0.707/27/20167/29/20168/12/2016
4/8/2016Quarterly$0.704/27/20164/29/20165/13/2016
1/12/2016Quarterly$0.701/27/20161/29/20162/12/2016
10/7/2015Quarterly$0.7010/28/201510/30/201511/13/2015
7/8/2015quarterly$0.706.55%7/29/20157/31/20158/14/2015
4/8/2015quarterly$0.695.55%4/29/20155/1/20155/15/2015
1/9/2015quarterly$0.685.26%1/28/20151/30/20152/13/2015
10/8/2014quarterly$0.664.63%10/29/201410/31/201411/14/2014
7/8/2014quarterly$0.654.43%7/30/20148/1/20148/14/2014
4/8/2014quarterly$0.634.58%4/30/20145/22/20145/15/2014
1/9/2014quarterly$0.624.83%1/29/20141/31/20142/14/2014
10/3/2013quarterly$0.604.57%10/30/201311/1/201311/14/2013
7/8/2013quarterly$0.594.27%7/31/20138/2/20138/14/2013
4/8/2013quarterly$0.585/3/20135/15/2013
1/9/2013quarterly$0.564.58%1/30/20132/1/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Plains All American Pipeline, L.P. (NYSE:PAA)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 42.08%
Insider Trades by Quarter for Plains All American Pipeline, L.P. (NYSE:PAA)
Institutional Ownership by Quarter for Plains All American Pipeline, L.P. (NYSE:PAA)
Insider Trades by Quarter for Plains All American Pipeline, L.P. (NYSE:PAA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2016John VonbergEVPSell6,675$32.56$217,338.00View SEC Filing  
8/18/2016John VonbergEVPSell35,410$29.95$1,060,529.50View SEC Filing  
8/18/2016W David DuckettCEOSell17,333$29.76$515,830.08View SEC Filing  
2/11/2016Greg L ArmstrongCEOBuy50,000$15.65$782,500.00View SEC Filing  
2/10/2016Gary R PetersenDirectorBuy10,000$15.42$154,200.00View SEC Filing  
2/10/2016Greg L ArmstrongCEOBuy158,066$16.06$2,538,539.96View SEC Filing  
12/14/2015Phil D. KramerVPBuy25,000$18.97$474,250.00View SEC Filing  
11/17/2015W David Duckettmajor shareholderSell30,500$26.70$814,350.00View SEC Filing  
9/28/2015John T RaymondDirectorBuy25,000$28.00$700,000.00View SEC Filing  
8/10/2015Greg L ArmstrongCEOBuy20,000$36.46$729,200.00View SEC Filing  
5/19/2015Chris HerboldVPSell12,695$49.51$628,529.45View SEC Filing  
11/19/2014John R RutherfordEVPSell8,225$53.70$441,682.50View SEC Filing  
9/2/2014Chris HerboldVPSell1,500$59.97$89,955.00View SEC Filing  
8/25/2014John T RaymondDirectorSell258,098$58.36$15,062,599.28View SEC Filing  
8/14/2014Phil D KramerVPSell14,100$58.36$822,876.00View SEC Filing  
5/29/2014W David DuckettMajor ShareholderSell208,182$55.79$11,614,473.78View SEC Filing  
5/22/2014John VonbergVPSell20,898$57.27$1,196,828.46View SEC Filing  
5/19/2014Al SwansonCFOSell23,220$56.38$1,309,143.60View SEC Filing  
3/13/2014W David Duckettmajor shareholderSell136,425$52.92$7,219,611.00View SEC Filing  
11/26/2013John RutherfordEVPSell20,800$52.01$1,081,808.00View SEC Filing  
5/22/2013W David DuckettInsiderSell30,900$59.25$1,830,825.00View SEC Filing  
5/21/2013Phil D KramerVPSell10,000$59.08$590,800.00View SEC Filing  
5/16/2013Al SwansonCFOSell36,766$57.92$2,129,486.72View SEC Filing  
11/26/2012Phil D KramerVPSell10,000$45.99$459,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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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Chart

Plains All American Pipeline, L.P. (PAA) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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