|Day's Range||26.02 - 26.60|
|52 Week Range||23.21 - 33.95|
|PE Ratio (TTM)||24.29|
|Dividend & Yield||2.20 (8.31%)|
|1y Target Est||N/A|
Three key metrics suggest that this MLP is fairly low risk, though those numbers alone don’t mean this investment is risk-free.
Plains All American Pipeline (PAA) is down 17% year-to-date. The stock gained 1.8% last week on crude oil gains.
San Antonio-based refining company Valero Energy Corp. (VLO) is facing an anti-trust battle with the California Attorney General's Office over plans to buy storage terminals in the Bay Area. The California Attorney General's Office filed a sealed anti-trust lawsuit on June 30 against Valero, Valero Energy Partners LP (VLP) and Plains All American Pipeline LP (PAA). Officials with the California Department of Justice could not immediately be reached for comment.