
PAA
Plains All American Pipeline LP
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
18.110
Open
17.810
VWAP
17.90
Vol
2.31M
Mkt Cap
12.56B
Low
17.750
Amount
41.40M
EV/EBITDA(TTM)
10.30
Total Shares
701.07M
EV
26.01B
EV/OCF(TTM)
9.60
P/S(TTM)
0.25
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 include the acquisition of extraction rights from producers and/or shippers of the gas streams that pass through its Empress facility.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
13.78B
+11.1%
0.458
+9.01%
13.47B
+5.73%
0.363
-1.96%
13.14B
+1.63%
0.341
+9.85%
Estimates Revision
The market is revising Downward the revenue expectations for Plains All American Pipeline, L.P. (PAA) for FY2025, with the revenue forecasts being adjusted by -5.66% over the past three months. During the same period, the stock price has changed by 6.88%.
Revenue Estimates for FY2025
Revise Downward

-5.66%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward

-1.8%
In Past 3 Month
Stock Price
Go Up

+6.88%
In Past 3 Month
12 Analyst Rating

14.78% Upside
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 is 20.50 USD with a low forecast of 18.00 USD and a high forecast of 25.00 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.
5 Buy
5 Hold
2 Sell
Hold

14.78% Upside
Current: 17.860

Low
18.00
Averages
20.50
High
25.00

14.78% Upside
Current: 17.860

Low
18.00
Averages
20.50
High
25.00
Wolfe Research
Keith Stanley
Outperform -> Peer Perform
downgrade
2025-07-25
Reason
Wolfe Research
Keith Stanley
Price Target
2025-07-25
downgrade
Outperform -> Peer Perform
Reason
Wolfe Research analyst Keith Stanley downgraded Plains All American to Peer Perform from Outperform without a price target. The firm cites valuation for the downgrade following the recent rally.
Mizuho
Gabriel Moreen
Outperform
maintain
$20 -> $22
2025-06-19
Reason
Mizuho
Gabriel Moreen
Price Target
$20 -> $22
2025-06-19
maintain
Outperform
Reason
Mizuho analyst Gabriel Moreen raised the firm's price target on Plains All American to $22 from $20 and keeps an Outperform rating on the shares. The firm expects a positive market reaction to Plains' sale of its Canadian natural gas liquids business to Keyera. The deal lends credence to the view Plains could use proceeds to buy in the Plains-Oryx Permian joint venture, and/or position itself as a cleaner pure-play crude story that is better positioned to participate in potential industry consolidation, the analyst tells investors in a research note.
JPMorgan
Neutral
maintain
$19 -> $20
2025-06-19
Reason
JPMorgan
Price Target
$19 -> $20
2025-06-19
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Plains All American to $20 from $19 and keeps a Neutral rating on the shares. The Canadian natural gas liquids divestiture "creates meaningful capital allocation optionality" for Plains, the analyst tells investors in a research note.
Scotiabank
Outperform -> NULL
downgrade
$20 -> $19
2025-06-05
Reason
Scotiabank
Price Target
$20 -> $19
2025-06-05
downgrade
Outperform -> NULL
Reason
Scotiabank lowered the firm's price target on Plains All American to $19 from $20 and keeps an Outperform rating on the shares. The firm is rolling forward its target valuation year to 2027 and introducing its estimates for 2028 for stocks in the U.S. Midstream sector, the analyst tells investors. Scotiabank still expects units to remain range bound with limited catalysts on the horizon.
Mizuho
Gabriel Moreen
Outperform
downgrade
$21 -> $20
2025-05-20
Reason
Mizuho
Gabriel Moreen
Price Target
$21 -> $20
2025-05-20
downgrade
Outperform
Reason
Mizuho analyst Gabriel Moreen lowered the firm's price target on Plains All American to $20 from $21 and keeps an Outperform rating on the shares. The firm updated midstream estimates post the Q1 reports. Midstream's Q1 reporting cycle seemed to confirm that the near-term outlook across the group is mostly unchanged, but investors will focus on posturing around growth in fiscal 2026 and beyond, the analyst tells investors in a research note.
Citi
Neutral
downgrade
$21 -> $18
2025-05-13
Reason
Citi
Price Target
$21 -> $18
2025-05-13
downgrade
Neutral
Reason
Citi lowered the firm's price target on Plains All American to $18 from $21 and keeps a Neutral rating on the shares. The firm reduced estimates to reflect lower cash flow expectations driven by a moderated Permian growth outlook over the near-term.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Plains All American Pipeline LP (PAA.O) is 12.13, compared to its 5-year average forward P/E of 10.19. 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.

Fair
5Y Average PE
10.19
Current PE
12.13
Overvalued PE
12.26
Undervalued PE
8.11
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.

N/A
5Y Average EV/EBITDA
8.89
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
9.44
Undervalued EV/EBITDA
8.35
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.

N/A
5Y Average PS
0.19
Current PS
0.00
Overvalued PS
0.24
Undervalued PS
0.15
Financials
Annual
Quarterly
FY2025Q1
YoY :
+0.13%
12.01B
Total Revenue
FY2025Q1
YoY :
+40.54%
520.00M
Operating Profit
FY2025Q1
YoY :
+47.01%
516.00M
Net Income after Tax
FY2025Q1
YoY :
+68.97%
0.49
EPS - Diluted
FY2025Q1
YoY :
+77.11%
441.00M
Free Cash Flow
FY2025Q1
YoY :
+32.99%
5.16
Gross Profit Margin - %
FY2025Q1
YoY :
+11.17%
4.08
FCF Margin - %
FY2025Q1
YoY :
+46.76%
4.30
Net Margin - %
FY2025Q1
YoY :
-6.15%
6.26
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
1.1M
Volume
4
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
1
1.9M
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
PAA News & Events
Events Timeline
2025-06-17 (ET)
2025-06-17
16:26:15
Plains All American, Plains GP to sell NGL business to Keyera for $3.75B

2025-05-09 (ET)
2025-05-09
07:32:27
Plains All American reports Q1 adjusted EPS 39c, consensus 45c

2024-11-08 (ET)
2024-11-08
06:34:12
Plains All American reports Q3 adjusted EPS 37c, consensus 31c

Sign Up For More Events
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News
4.0
07-30BenzingaWall Street's Most Accurate Analysts Give Their Take On 3 Energy Delivering High-Dividend Yields
4.0
07-25BenzingaThis Norfolk Southern Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
8.0
07-24NASDAQ.COMSeptember 5th Options Now Available For Plains All American Pipeline (PAA)
Sign Up For More News
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FAQ

What is Plains All American Pipeline LP (PAA) stock price today?
The current price of PAA is 17.86 USD — it has increased 0.56 % in the last trading day.

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

What is the price predicton of PAA Stock?

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

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

What changes have occurred in the market's expectations for Plains All American Pipeline LP (PAA)'s fundamentals?

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