PAA - Plains All American Pipeline, L.P.

NYSE - NYSE Delayed Price. Currency in USD
17.30
+0.28 (+1.65%)
At close: 4:01PM EST
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Previous Close17.02
Open17.04
Bid17.28 x 2200
Ask17.39 x 1400
Day's Range17.02 - 17.40
52 Week Range16.77 - 25.27
Volume2,677,974
Avg. Volume3,271,412
Market Cap12.595B
Beta (3Y Monthly)0.98
PE Ratio (TTM)4.85
EPS (TTM)3.57
Earnings DateFeb 3, 2020 - Feb 7, 2020
Forward Dividend & Yield1.44 (8.46%)
Ex-Dividend Date2019-10-30
1y Target Est25.21
  • Why Is Plains All American (PAA) Down 8% Since Last Earnings Report?
    Zacks

    Why Is Plains All American (PAA) Down 8% Since Last Earnings Report?

    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.

  • 3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - December 05, 2019
    Zacks

    3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - December 05, 2019

    The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

  • 52-Week Company Lows
    GuruFocus.com

    52-Week Company Lows

    DuPont de Nemours, Exelon, Occidental Petroleum, Ventas, Plains All American Pipeline and CenterPoint Energy present buying opportunities Continue reading...

  • Business Wire

    Plains All American Announces Officer Promotions

    Plains All American Pipeline, L.P. and Plains GP Holdings today announced the following officer promotions in connection with the continued development of our executive team.

  • How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks - November 26, 2019
    Zacks

    How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks - November 26, 2019

    The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

  • Thomson Reuters StreetEvents

    Edited Transcript of PAA earnings conference call or presentation 5-Nov-19 10:00pm GMT

    Q3 2019 Plains All American Pipeline LP and Plains GP Holdings LP Earnings Call

  • Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - November 07, 2019
    Zacks

    Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - November 07, 2019

    The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

  • Plains All American (PAA) Q3 Earnings Beat, Sales Down Y/Y
    Zacks

    Plains All American (PAA) Q3 Earnings Beat, Sales Down Y/Y

    Plains All American Pipeline's (PAA) third-quarter earnings improve on solid performance of Permian Basin and installation of new pipelines.

  • Reuters

    UPDATE 2-Plains All American expects Wink-to-Webster crude pipe construction to begin by year-end

    Plains All American Pipeline LP said on Tuesday it expects to begin construction on the Wink-to-Webster Permian crude pipeline by the end of the year and is targeting bringing the line to service by early 2021. The Wink-to-Webster Pipeline is a joint venture among affiliates of Exxon Mobil Corp, Plains All American, MPLX LP, and Delek US, among others. The pipeline system is expected to transport more than 1 million barrels of crude oil and condensate per day from the Permian Basin in West Texas, the biggest U.S. oil basin, to the Texas Gulf Coast.

  • Business Wire

    Plains All American Pipeline, L.P. and Plains GP Holdings Report Third-Quarter 2019 Results

    Plains All American Pipeline, L.P. and Plains GP Holdings today reported third-quarter 2019 results.

  • Montage (MR) Gears Up for Q3 Earnings: What's in Store?
    Zacks

    Montage (MR) Gears Up for Q3 Earnings: What's in Store?

    Weaker natural gas price is likely to have hurt Montage's (MR) earnings in Q3.

  • Energy Transfer (ET) to Report Q3 Earnings: What's in Store?
    Zacks

    Energy Transfer (ET) to Report Q3 Earnings: What's in Store?

    Energy Transfer's (ET) Q3 earnings are likely to have benefited from its midstream assets in major producing areas in the United States and the startup of J. C.Nolan Pipeline during the quarter.

  • What's in Store for Plains Group Holdings (PAGP) Q3 Earnings?
    Zacks

    What's in Store for Plains Group Holdings (PAGP) Q3 Earnings?

    Higher volumes in Permian Basin are likely to have boosted Plains Group Holdings' (PAGP) performance in Q3.

  • Higher Oil Production to Boost Chesapeake (CHK) Q3 Earnings
    Zacks

    Higher Oil Production to Boost Chesapeake (CHK) Q3 Earnings

    Chesapeake Energy's (CHK) moves to increase the proportion of oil in the volume mix are likely to have strengthened third-quarter 2019 earnings.

  • Can Plains All American (PAA) Keep Earnings Beat Streak in Q3?
    Zacks

    Can Plains All American (PAA) Keep Earnings Beat Streak in Q3?

    Plains All American Pipeline (PAA) is likely to have witnessed higher fee-based earnings and increased capital expenses in Q3. However, debt management is likely to have lowered interest expenses.

  • Gran Tierra (GTE) to Report Q3 Earnings: What's in Store?
    Zacks

    Gran Tierra (GTE) to Report Q3 Earnings: What's in Store?

    Higher oil equivalent production volumes are likely to have supported Gran Tierra's (GTE) Q3 earnings.

  • 3 Undervalued Stocks Offering Juicier Dividend Yields Than S&P 500
    TipRanks

    3 Undervalued Stocks Offering Juicier Dividend Yields Than S&P 500

    The market rally is alive and well. Following the Federal Reserve’s third rate cut this year, the S&P 500 moved higher on Wednesday. This is on top of the 2% gain the index has already seen since market close on October 22. Bearing this in mind, investors are looking for ways to capitalize on the market’s upward momentum.Analysts suggest that investors seek out the stocks that can reliably generate profits and reward investors with consistent payouts, namely dividend stocks. That being said, it should be noted that not all dividend stocks are created equal, with some offering significantly higher yields than others.So how are investors supposed to determine which dividend names represent the most compelling investments? We recommend using TipRanks’ Stock Screener. The tool helped us pinpoint 3 Buy-rated names that each boast a dividend yield of more than 5%, while the average dividend yield of the S&P 500 stands at 1.85%.Plains All American Pipeline (PAA)Plains All American specializes in the transportation, logistics and storage of crude oil, with its primary focus being the Permian Basin, a large and resource rich region spanning the southwestern part of the U.S. Despite the fact that shares have been hurting recently, the Street’s pros see gains stemming from the Permian business as well as new projects.While concerns have been expressed regarding the overbuilding of the Permian Basin, PAA’s Permian pipes have continued to sustain a solid level of contracts. Not to mention PAA is actively participating in the construction of new Capine, Red Oak and Wink-Webster pipes through its partnerships with major refining companies. These partnerships include the likes of Phillips 66, which PAA joined forces with back in June to build the Red Oak pipeline system.With the company on a steady growth path, part of its appeal lies in its ability to maintain a stable dividend. PAA consistently rewards investors, with its annual payout of $1.44 per share putting the dividend yield at 7.75%.Steve Fleishman of Wolfe Research told clients that all of the above lends itself to his bullish thesis. “The company offers well above average growth both organically through its Permian-focused business and through several large new capital projects where PAA has partnered with large refining companies,” the analyst explained. Fleishman added that PAA’s strong balance sheet is “now one of the best in the sector."Fleishman rates PAA an Overweight along with a $27 price target, which implies about 50% upside from current levels. (To watch Fleishman’s track record, click here)Similarly, the rest of the Street is in favor of this dividend stock. 6 "buy" ratings vs 2 "holds" assigned in the last three months give it a ‘Strong Buy’ analyst consensus. Additionally, its $26 average price target implies about 44% upside potential. (See PAA stock analysis on TipRanks)Philip Morris (PM)While best known for its tobacco brands like Marlboro, Philip Morris is captivating investors thanks to its iQOS products. iQOS is an electronic tobacco heating system, differing from traditional cigarettes in that it doesn’t burn the tobacco when it’s smoked.iQOS is the only FDA-authorized reduced-risk product (RRP) allowed to sell mint and menthol flavors, giving it a significant competitive advantage in the U.S. The mint/menthol flavor plays a key role in adult smoker conversion as menthol makes up about 35% of total combust cigarette volume. The tobacco product’s potential isn’t limited to the U.S. iQOS’ launch in the EU only covers about half of the region’s population, leaving plenty of the market untapped. Not to mention there is a substantial opportunity to capture the market in Russia.That being said, PM’s strength as a dividend stock can’t be ignored. Shareholders that get onboard now can expect a substantial reward. It offers the largest annualized payout out of all the names on our list, $4.68 per share to be exact. AdditionallyAll of this prompted top analyst, Wells Fargo’s Bonnie Herzog, to reaffirm her Bullish stance on PM. While she lowered her price target from $102 to $100, the four-star analyst is confident the company can deliver reliable returns, with the upside potential still coming in at a respectable 22%. “Given PM’s superior profit, existing infrastructure, capital strength, strong free cash flow, attractive 5%-plus dividend yield, leading global brand portfolio including Marlboro and deep management team with superior knowledge of the global tobacco industry, we expect the stock to outperform over the next 12 months,” she commented. (To watch Herzog’s track record, click here)The rest of the Street is slightly more cautious regarding PM. Its ‘Moderate Buy’ consensus rating comes from 6 Buy ratings, 2 Holds and 1 Sell received in the last three months. Analysts see about 10% upside potential based on its $89.43 average price target. (See Philip Morris stock analysis on TipRanks)Tenaris SA (TS)When a stock scores a ratings upgrade, it’s a signal to investors that a unique opportunity may be presenting itself. This is the case for steel pipe and tube manufacturer Tenaris.Wolfe Research analyst Blake Gendron just bumped up his rating from a Hold to a Buy, citing its free cash flow yield as well as its offshore optionality as particularly noteworthy. “TS has a relatively defensive balance sheet and robust FCF outlook (10% EV on our FY20 estimates), underpinned by its capital light footprint,” he noted.While the analyst acknowledged that the fuel price freeze in Argentina could impact TS’ top-line performance, a new contract could offset any negatives. The company was recently awarded a five-year contract with Abu Dhabi National Oil Company (ADNOC) worth $1.9 billion to provide tubulars and Rig Direct services. As a result, Gendron believes that TS is the most compelling name in the space, calling it “our WR CE top pick”. All of this lends itself to a potential twelve month gain of 32%, according to the analyst. (To watch Gendron’s track record, click here)Along with promising new opportunities and a strong balance sheet, TS is an attractive investment based on its continued ability to pay a solid dividend. With its $1.12 annualized payout amounting to a 5.4% yield, it’s no wonder TS is a resounding Buy among Wall Street analysts.Not only is the stock a Buy, but the fact that only bullish calls have been published in the last three months give it a ‘Strong Buy’ Street consensus. It also doesn’t hurt that its $31 average price target suggests 45% upside potential. (See Tenaris stock analysis on TipRanks)

  • Cimarex Energy (XEC) to Post Q3 Earnings: A Beat in Store?
    Zacks

    Cimarex Energy (XEC) to Post Q3 Earnings: A Beat in Store?

    A rise in total production on the back of Permian activities is likely to reflect on Cimarex Energy's (XEC) third-quarter 2019 results.

  • ExxonMobil (XOM) to Report Q3 Earnings: What's in Store?
    Zacks

    ExxonMobil (XOM) to Report Q3 Earnings: What's in Store?

    ExxonMobil (XOM) projects total Q3 profit decline of 50% to $3.1 billion from the prior-year quarter, owing to underperformance by upstream and downstream businesses

  • Vermilion (VET) Gears Up for Q3 Earnings: What's in Store?
    Zacks

    Vermilion (VET) Gears Up for Q3 Earnings: What's in Store?

    Lower commodity price realization is likely to negatively reflect on Vermilion Energy's (VET) third-quarter 2019 results.

  • Reuters

    Crude flows to Houston slow as Cactus II pipeline ramps -data, traders

    Crude oil flows on two pipelines from the Permian Basin to the Houston area have slowed this month as differentials narrowed and volumes to another U.S. Gulf Coast hub ramped up, according to traders and data from market intelligence firm Genscape. Cheap tariffs on EPIC Midstream and Plains All American Pipeline's lines from the Permian to Corpus Christi, Texas, are helping pull volumes from Houston. Plains' Cactus II line, which opened in August, has increased its flows almost one-third over September, Genscape reported.

  • Will ConocoPhillips (COP) Disappoint This Earnings Season?
    Zacks

    Will ConocoPhillips (COP) Disappoint This Earnings Season?

    ConocoPhillips' (COP) third-quarter 2019 earnings are expected to have been affected by lower commodity prices.

  • Outlook for Oil & Gas Pipeline MLP Industry Looks Gloomy
    Zacks

    Outlook for Oil & Gas Pipeline MLP Industry Looks Gloomy

    Outlook for Oil & Gas Pipeline MLP Industry Looks Gloomy