|Bid||0.00 x 3100|
|Ask||0.00 x 800|
|Day's Range||24.27 - 24.86|
|52 Week Range||19.34 - 27.70|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||9.04|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||1.20 (4.80%)|
|1y Target Est||27.68|
Although some pipeline projects have been a relief to the bottleneck problem, more pipelines are needed to significantly eradicate the transportation capacity constraint.
PAA, WMB, and OKE: Midstream Stocks Rose Last WeekMidstream stocks rose Midstream stocks were largely positive last week. Plains All American Pipeline (PAA), Williams Companies (WMB), and ONEOK (OKE) rose 2.5%, 2.3%, and 1.9%, respectively. The
What to Expect from Enterprise Products Partners Stock(Continued from Prior Part)Yield spreadEnterprise Products Partners (EPD) is trading at a yield of ~6.2%, which is ~380 basis points higher than the US ten-year Treasury yield. Interestingly,
What to Expect from Enterprise Products Partners StockEPD’s stock priceIncome investors generally find Enterprise Products Partners (EPD) attractive due to its yield and lower risk. Enterprise Products Partners’ yield forms an important part of
Further, these stocks have either a moderate-to-high financial strength rating from GuruFocus or an Ebitda margin topping the industry median. Houston, Texas-based oil & gas midstream company Plains All American Pipeline LP (PAA) has climbed 0.4% over the last week, 3.5% over the past month, 18.3% so far this year, 5.5% over the last 52 weeks and 3.7% over the past three years through March 8. Warning! GuruFocus has detected 2 Warning Sign with PAA.
Midstream Sector Indicators: Analyzing Key TrendsCrude oil prices So far, US crude oil prices have risen ~25% in 2019. The strength in oil prices is reflected in energy stocks’ year-to-date performance. The Energy Select Sector SPDR ETF (XLE) has
Plains All American (PAA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Top Midstream Stocks: Analysts' Views and Target Prices(Continued from Prior Part)Plains All American Pipeline Plains All American Pipeline (PAA) stock offers an upside potential of more than 16% compared to the target price of $27.7. Currently,
What Happened in the Midstream Sector Last Week?(Continued from Prior Part)Top losses Targa Resources (TRGP) was the top midstream underperformer last week. Targa Resources fell 8.0% for the week. The company reported its fourth-quarter results
What Happened in the Midstream Sector Last Week?Top midstream stocks Midstream stocks ended mixed last week. The Alerian MLP Index fell 0.3% for the week. The ETF tracking the broader energy sector, the Energy Select Sector SPDR ETF (XLE) fell 0.5%
“These advancements reflect a continuation of our succession planning process designed to broaden and deepen our leadership team.”
Jeremy Goebel, currently Sr. Group Vice President, Commercial, has been appointed Executive Vice President, Commercial, and Chris Chandler, Sr. Vice President, Strategic Planning and Acquisitions has been appointed Executive Vice President and Chief Operating Officer.
Crude inventories in West Texas dropped this week to the lowest in four months after a converted pipeline began transporting crude from the nation's biggest shale oil field to the U.S. Gulf Coast, data from market intelligence provider Genscape showed. The drop in storage in the Permian Basin is another sign that new pipelines out of the region have begun to alleviate a crude bottleneck that depressed local crude prices as production overwhelmed pipeline capacity and filled storage tanks. Crude inventories in the Permian Basin fell to 15 million barrels in the week to Feb. 19, the lowest since October and down from a record 22 million barrels in November.
Q4 2018 Plains All American Pipeline LP and Plains GP Holdings LP Earnings Call
Analyzing Institutional Activity in Midstream Stocks in Q4(Continued from Prior Part)Plains All American PipelineThe largest institutional investor in Plains All American Pipeline (PAA), Harvest Fund Advisors, decreased its stake and held 5.8% in
MLPs and Midstream Stocks Rose Last WeekMidstream stocks roseAmong the top midstream stocks, Energy Transfer (ET), Kinder Morgan (KMI), and ONEOK (OKE) posted impressive gains last week. Energy Transfer rose 4.8%, Kinder Morgan rose 4.3%, and ONEOK
According to the U.S. Energy Information Administration, domestic oil production is at an all-time high, and it's set to increase by another 2 million barrels per day by 2020, explains Tony Sagami, contributing editor to Weiss Ratings.
At least four pipelines are scheduled to come online this year that will move Texas oil to Corpus Christi.