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NYSE:PAA

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

$17.05
-0.04 (-0.23%)
(As of 05/24/2024 ET)
Today's Range
$17.04
$17.25
50-Day Range
$16.93
$18.88
52-Week Range
$12.85
$19.03
Volume
1.45 million shs
Average Volume
2.85 million shs
Market Capitalization
$11.95 billion
P/E Ratio
14.70
Dividend Yield
7.45%
Price Target
$19.23

Plains All American Pipeline MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.8% Upside
$19.23 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.99mentions of Plains All American Pipeline in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.31%
From $1.30 to $1.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.11 out of 5 stars

Oils/Energy Sector

113th out of 240 stocks

Pipelines, Except Natural Gas Industry

3rd out of 11 stocks

PAA stock logo

About Plains All American Pipeline Stock (NYSE:PAA)

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.

PAA Stock Price History

PAA Stock News Headlines

Plains All American: Q1 Earnings Snapshot
3 Oil Stocks to Buy Before the Middle East Spark
Plains All American (PAA) Gets a Sell from Barclays
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/30/2024
Last Earnings
5/03/2024
Dividend Payable
5/15/2024
Today
5/25/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
4,200
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$19.23
High Stock Price Target
$23.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
3.02%

Debt

Sales & Book Value

Annual Sales
$48.71 billion
Cash Flow
$3.27 per share
Book Value
$16.19 per share

Miscellaneous

Free Float
695,112,000
Market Cap
$11.95 billion
Optionable
Optionable
Beta
1.58

Social Links

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Key Executives

  • Mr. Wilfred C.W. Chiang (Age 63)
    CEO & Chairman of Plains All American GP LLC
    Comp: $3.8M
  • Mr. Harry N. Pefanis (Age 67)
    President & Director of Plains All American GP LLC
    Comp: $2.05M
  • Mr. Al P. Swanson (Age 60)
    Executive VP & CFO of Plains All American GP LLC
    Comp: $1.75M
  • Mr. Christopher R. Chandler (Age 51)
    Executive VP & COO of Plains All American GP LLC
    Comp: $1.96M
  • Mr. Richard Kelly McGee (Age 63)
    Executive VP, General Counsel & Secretary of Plains All American GP LLC
    Comp: $1.75M
  • Mr. Gregory L. Armstrong (Age 66)
    Senior Advisor to the CEO & Director of Plains All American GP LLC
    Comp: $265.84k
  • Mr. Jeremy L. GoebelMr. Jeremy L. Goebel (Age 46)
    Executive VP & Chief Commercial Officer of Plains All American GP LLC
    Comp: $1.96M
  • Mr. Chris Herbold (Age 52)
    Senior VP of Finance & Chief Accounting Officer of Plains All American GP LLC
  • Mr. Alfred A. Lindseth (Age 54)
    Senior Vice President of Technology, Process & Risk Management
  • Mr. Blake Michael Fernandez
    Vice President of Investor Relations

PAA Stock Analysis - Frequently Asked Questions

Should I buy or sell Plains All American Pipeline stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plains All American Pipeline in the last twelve months. There are currently 2 sell ratings, 3 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PAA shares.
View PAA analyst ratings
or view top-rated stocks.

What is Plains All American Pipeline's stock price target for 2024?

12 Wall Street analysts have issued 1 year price objectives for Plains All American Pipeline's stock. Their PAA share price targets range from $15.00 to $23.00. On average, they predict the company's share price to reach $19.23 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for PAA
or view top-rated stocks among Wall Street analysts.

How have PAA shares performed in 2024?

Plains All American Pipeline's stock was trading at $15.15 at the beginning of the year. Since then, PAA stock has increased by 12.5% and is now trading at $17.05.
View the best growth stocks for 2024 here
.

When is Plains All American Pipeline's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
View our PAA earnings forecast
.

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

Plains All American Pipeline, L.P. (NYSE:PAA) issued its earnings results on Friday, May, 3rd. The pipeline company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The pipeline company earned $12 billion during the quarter, compared to the consensus estimate of $12.98 billion. Plains All American Pipeline had a trailing twelve-month return on equity of 10.53% and a net margin of 2.08%. Plains All American Pipeline's revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 earnings per share.

How often does Plains All American Pipeline pay dividends? What is the dividend yield for Plains All American Pipeline?

Plains All American Pipeline declared a quarterly dividend on Thursday, April 4th. Stockholders of record on Wednesday, May 1st will be paid a dividend of $0.3175 per share on Wednesday, May 15th. This represents a $1.27 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Tuesday, April 30th.
Read our dividend analysis for PAA
.

Is Plains All American Pipeline a good dividend stock?

Plains All American Pipeline (NYSE:PAA) pays an annual dividend of $1.27 per share and currently has a dividend yield of 7.43%. PAA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 109.48%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PAA will have a dividend payout ratio of 86.99% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PAA.

What is Greg L. Armstrong's approval rating as Plains All American Pipeline's CEO?

85 employees have rated Plains All American Pipeline Chief Executive Officer Greg L. Armstrong on Glassdoor.com. Greg L. Armstrong has an approval rating of 93% among the company's employees. This puts Greg L. Armstrong in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Plains All American Pipeline investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), AT&T (T), Xtrackers California Municipal Bond ETF (CA), Magellan Midstream Partners (MMP), Kinder Morgan (KMI), Micron Technology (MU), AbbVie (ABBV), BlackRock (BLK) and CVS Health (CVS).

Who are Plains All American Pipeline's major shareholders?

Plains All American Pipeline's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Blackstone Inc. (3.36%), Mirae Asset Global Investments Co. Ltd. (1.57%), Kayne Anderson Capital Advisors LP (1.31%), Clearbridge Investments LLC (0.95%), BROOKFIELD Corp ON (0.61%) and Chickasaw Capital Management LLC (0.59%). 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.

This page (NYSE:PAA) was last updated on 5/26/2024 by MarketBeat.com Staff

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