PLAINS GP HOLDINGS LP: CLOSING OF CANADIAN NGL BUSINESS DIVESTITURE NOW ANTICIPATED IN MAY 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2026
0mins
Should l Buy PAA?
Source: moomoo
Closing of Canadian NG Business: Plains GP Holdings LP anticipates the closure of its Canadian natural gas business division.
Timeline for Closure: The expected closing date for this division is set for May 2026.
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Analyst Views on PAA
Wall Street analysts forecast PAA stock price to fall
8 Analyst Rating
3 Buy
4 Hold
1 Sell
Hold
Current: 23.020
Low
16.50
Averages
20.19
High
23.00
Current: 23.020
Low
16.50
Averages
20.19
High
23.00
About PAA
Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). It owns a network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. Its Crude Oil segment operations consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and, at times, on barges or railcars. Its assets provide services to third parties as well as to its merchant activities. Its NGL segment operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. NGL segment offers merchant activities including the acquisition of extraction rights from producers and/or shippers of the gas streams that pass through its Empress facility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Enbridge Expansion Plans: Enbridge is set to invest CAD 28.4 billion in pipeline and terminal expansions, which is projected to increase its cash flow per share by 3% this year, allowing for continued growth in its 5.4% dividend and enhancing its market competitiveness.
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