|Bid||8.31 x 800|
|Ask||8.32 x 800|
|Day's Range||8.07 - 8.41|
|52 Week Range||3.00 - 22.81|
|Beta (5Y Monthly)||2.31|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 03, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||0.72 (8.82%)|
|Ex-Dividend Date||Jul 30, 2020|
|1y Target Est||12.17|
Plains All American's (PAA) initiatives to lower costs are likely to support its upcoming results but the impact of production slowdown on fee-based contracts remains a concern.
We think these oil stocks have what it takes to create value for investors in this turbulent market.
Because prices have tumbled, dividend yields have skyrocketed, enabling investors to pick up some big-time payouts at bottom-of-the-barrel valuations. Three such opportunities are master limited partnerships Plains All American Pipeline (NYSE: PAA), Crestwood Equity Partners (NYSE: CEQP), and Magellan Midstream Partners (NYSE: MMP). Units of Plains All American have cratered about 55% this year and currently trade at around $8.