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PAA Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
22.920
Open
22.920
VWAP
22.58
Vol
2.58M
Mkt Cap
15.83B
Low
22.390
Amount
58.34M
EV/EBITDA(TTM)
13.71
Total Shares
705.53M
EV
32.28B
EV/OCF(TTM)
14.59
P/S(TTM)
0.35
Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil. 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 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 merchant activities include the purchase of crude oil supply and the movement of this supply on third-party assets to sales locations. Crude Oil includes its crude oil pipelines, crude oil storage and marine terminals and related crude oil marketing activities.
Show More

Events Timeline

(ET)
2026-05-12
10:40:00
Keyera Completes Acquisition of Plains' Canadian Natural Gas Liquids Business for $5.3B
select
2026-05-12
10:40:00
Plains Completes $3.3 Billion Asset Sale to Keyera
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2026-05-08 (ET)
2026-05-08
07:40:00
Plains Reports Q1 Revenue of $12.47B, Exceeding Expectations
select
2026-05-08
07:40:00
Company Raises FY26 Adjusted Free Cash Flow Outlook to $1.85B
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2026-05-05 (ET)
2026-05-05
17:40:00
Plains All American Updates NGL Business Divestiture Progress
select

News

seekingalpha
7.5
05-22seekingalpha
Plains All American Pipeline Reports Oil Pipeline Rupture in East Los Angeles
  • Pipeline Rupture Incident: Plains All American Pipeline reported a rupture in an oil pipeline in East Los Angeles, leading to a partial shutdown; while the exact amount of oil leaked remains undisclosed, this incident poses a risk to California's already strained crude supply.
  • Supply Chain Disruption Risk: The rupture occurs amid an existing crude supply shortage in California, potentially exacerbating the situation and pushing gasoline prices to $6.131 per gallon, the highest in the U.S., which could impact consumer costs significantly.
  • Cleanup Efforts Underway: The Los Angeles County Fire Department has initiated a coordinated cleanup response to ensure safety at the incident site, with no injuries reported, indicating effective emergency management.
  • Future Flow Restoration: Plains expects to restart the unaffected portion of the pipeline within hours, although the exact timeline for restoring full flow remains uncertain; this development is crucial for alleviating supply pressures on regional refineries.
NASDAQ.COM
2.0
05-19NASDAQ.COM
Plains All American Stock Surpasses Analyst Target Price
  • Price Target Breach: Plains All American Pipeline LP (Ticker: PAA) shares reached $23.17, surpassing the average analyst 12-month target price of $23.12, indicating positive market sentiment towards the company's outlook.
  • Diverse Analyst Reactions: Among the 16 analysts covered by Zacks, target prices range from $18.00 to $26.00, with a standard deviation of $2.156, highlighting significant variance in market expectations for PAA, necessitating careful investor assessment.
  • Investor Decision Signal: The stock's breach of the target price provides a strong signal for investors to reassess the company, prompting them to consider whether the current valuation is stretched or if it's time to take profits.
  • Market Sentiment Analysis: The target prices reflect a
seekingalpha
8.5
05-12seekingalpha
Keyera Completes Acquisition of Plains All American's NGL Business
  • Acquisition Completed: Keyera announced the completion of its acquisition of Plains All American Pipeline's Canadian natural gas liquids business, demonstrating the company's determination and resilience in market consolidation despite facing regulatory challenges.
  • Regulatory Challenge: The Commissioner of Competition has filed an application with the Competition Tribunal to challenge the deal, alleging it may harm energy producers and stifle investment, with a key focus on competition at the NGL processing hub in Fort Saskatchewan.
  • Company Response: Keyera disagrees with the regulator's assertions, asserting that the transaction will enhance regional competitiveness by creating a more efficient domestic competitor with improved market access capabilities, reflecting its confidence in future market dynamics.
  • Market Impact: This acquisition is viewed as a crucial move to strengthen Keyera's competitive position in the Canadian market, potentially fostering investment and resource allocation in the region, thereby driving overall industry growth.
Newsfilter
8.5
05-12Newsfilter
Plains Completes Sale of NGL Business to Keyera
  • Transaction Completion: Plains All American Pipeline has completed the sale of its wholly-owned subsidiary Plains Midstream Canada ULC for approximately $3.3 billion, which will be used to repay certain debts and for general partnership purposes, thereby enhancing the company's financial stability.
  • Leverage Ratio Improvement: Following this transaction, Plains expects its leverage ratio to trend toward the midpoint of its target range of 3.25 to 3.75x, indicating a more robust financial structure that will help boost investor confidence.
  • Business Transformation: This sale marks Plains' transformation into a pure-play crude oil midstream company, which will reduce exposure to commodity price volatility and enhance free cash flow, supporting lower maintenance capital and corporate taxes, thus improving overall profitability.
  • Enhanced Market Competitiveness: Plains' remaining crude asset portfolio spans multiple destinations from Canada to the U.S. Gulf Coast, particularly Corpus Christi as a primary U.S. oil export market, which is expected to further strengthen the company's competitive position in the North American market.
seekingalpha
9.5
05-08seekingalpha
Plains All American Pipeline Q1 2026 Earnings Insights
  • Increased EBITDA Guidance: Plains All American Pipeline reported an adjusted EBITDA of $730 million for Q1, and management raised the midpoint of their 2026 EBITDA guidance by $130 million to $2.88 billion, reflecting confidence in future growth driven by market dynamics.
  • NGL Asset Sale Proceeds: The expected net proceeds from the NGL asset sale are approximately $3.3 billion, which is $100 million higher than previous estimates, allowing the company to forgo a special distribution, thereby enhancing financial flexibility.
  • Capital Expenditure Plans: Growth capital expenditures for 2026 remain at $350 million, while maintenance capital has increased to $185 million, indicating ongoing investment in NGL assets aimed at improving operational efficiency and competitive positioning.
  • Market Uncertainty Risks: Management highlighted that despite the optimistic EBITDA guidance, there are challenges posed by geopolitical factors and market volatility, particularly as U.S. producer behavior has not yet shown significant changes, necessitating close monitoring of future market performance.
seekingalpha
9.5
05-08seekingalpha
Plains All American Q1 Earnings Beat Expectations
  • Earnings Performance: Plains All American Pipeline reported a Q1 Non-GAAP EPS of $0.39, missing estimates by $0.03, yet revenue of $12.47 billion, up 8.6% year-over-year, exceeded expectations by $450 million, indicating robust revenue growth.
  • Adjusted EBITDA: The company delivered an adjusted EBITDA of $730 million in Q1, reflecting ongoing improvements in operational efficiency and profitability, with expectations to return to the midpoint of the leverage target range following the NGL divestiture, enhancing financial stability.
  • Cash Distribution: A quarterly cash distribution of $0.4175 per unit, annualized to $1.67, yields approximately 7.5%, demonstrating the company's commitment to shareholder returns despite market fluctuations.
  • 2026 Outlook: The midpoint of the full-year 2026 adjusted EBITDA guidance has been raised by $130 million to $2.880 billion, reflecting a strong oil macro environment, with projected adjusted free cash flow of approximately $1.850 billion, showcasing the company's growth potential in the coming years.
Wall Street analysts forecast PAA stock price to rise
8 Analyst Rating
Wall Street analysts forecast PAA stock price to rise
3 Buy
4 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
16.50
Averages
20.19
High
23.00
Current: 0.000
sliders
Low
16.50
Averages
20.19
High
23.00
Morgan Stanley
Equal Weight
maintain
$23 -> $25
AI Analysis
2026-05-20
Reason
Morgan Stanley
Price Target
$23 -> $25
AI Analysis
2026-05-20
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Plains All American to $25 from $23 and keeps an Equal Weight rating on the shares.
Citi
Spiro Dounis
Neutral
maintain
$20 -> $22
2026-05-14
Reason
Citi
Spiro Dounis
Price Target
$20 -> $22
2026-05-14
maintain
Neutral
Reason
Citi analyst Spiro Dounis raised the firm's price target on Plains All American to $22 from $20 and keeps a Neutral rating on the shares. The firm cites increased cash flow estimates for the target boost, saying Plains is positioned to benefit from higher crude prices and a "generally volatile" commodity environment.
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Valuation Metrics

The current forward P/E ratio for Plains All American Pipeline LP (PAA.O) is 12.48, compared to its 5-year average forward P/E of 10.54. For a more detailed relative valuation and DCF analysis to assess Plains All American Pipeline LP's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.54
Current PE
12.48
Overvalued PE
12.21
Undervalued PE
8.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.89
Current EV/EBITDA
11.52
Overvalued EV/EBITDA
9.66
Undervalued EV/EBITDA
8.13

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.21
Current PS
0.31
Overvalued PS
0.26
Undervalued PS
0.15

Financials

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Whales Holding PAA

T
Texas Yale Capital Corp.
Holding
PAA
+29.34%
3M Return
P
Pathstone Family Office, LLC
Holding
PAA
+19.03%
3M Return
E
Eagle Global Advisors, LLC
Holding
PAA
+7.08%
3M Return
W
W. R. Berkley Corporation
Holding
PAA
+6.86%
3M Return
P
Plains GP Holdings, L.P.
Holding
PAA
+5.06%
3M Return
O
OpenArc Corporate Advisory, LLC
Holding
PAA
+3.74%
3M Return

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Frequently Asked Questions

What is Plains All American Pipeline LP (PAA) stock price today?

The current price of PAA is 22.43 USD — it has decreased -1.62

What is Plains All American Pipeline LP (PAA)'s business?

Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil. 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 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 merchant activities include the purchase of crude oil supply and the movement of this supply on third-party assets to sales locations. Crude Oil includes its crude oil pipelines, crude oil storage and marine terminals and related crude oil marketing activities.

What is the price predicton of PAA Stock?

Wall Street analysts forecast PAA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAA is20.19 USD with a low forecast of 16.50 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Plains All American Pipeline LP (PAA)'s revenue for the last quarter?

Plains All American Pipeline LP revenue for the last quarter amounts to 12.47B USD, increased 8.65

What is Plains All American Pipeline LP (PAA)'s earnings per share (EPS) for the last quarter?

Plains All American Pipeline LP. EPS for the last quarter amounts to 0.14 USD, decreased -71.43

How many employees does Plains All American Pipeline LP (PAA). have?

Plains All American Pipeline LP (PAA) has 3900 emplpoyees as of May 31 2026.

What is Plains All American Pipeline LP (PAA) market cap?

Today PAA has the market capitalization of 15.83B USD.