|Bid||22.29 x 1800|
|Ask||0.00 x 800|
|Day's Range||23.68 - 23.95|
|52 Week Range||19.34 - 27.70|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||8.75|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||1.20 (4.94%)|
|1y Target Est||27.77|
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.
Plains All American Pipeline LP said on Tuesday it expects the reversed Capline crude pipeline, from the U.S. Midwest to the Gulf Coast, to begin service in the third quarter of 2020. The target in-service date for the reversed line is third quarter 2020 for light oil service and early 2022 for heavy oil service, the company said on its quarterly earnings call with analysts. "The capacity from Cushing (Oklahoma) down to St. James (Louisiana) should be available on a quicker time frame than heavy moving down from Patoka (Illinois)," Chief Executive Officer Willie Chiang said on the call.
The Houston-based company said it had net income of $1.38 per share. Earnings, adjusted for non-recurring gains, came to 80 cents per share. The results exceeded Wall Street expectations. The average estimate ...
Plains All American Pipeline, L.P. and Plains GP Holdings today reported fourth-quarter and full-year 2018 results.
ExxonMobil is doubling down on its Texas holdings, near doubling the capacity of the already big Beaumont refinery and laying out an aggressive drilling plan for the Permian
After a gloomy Q4 2018, oil prices recovered around 18 percent in January 2019 as global outages and OPEC+ production cuts are kicking in
DALLAS , Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
The oil giant’s strategy to double earnings and cash flow by 2025 took a huge leap forward this week.
Futures in New York rose 1.7 percent after the U.S. Energy Information Administration said domestic crude stockpiles rose by about 920,000 barrels last week, less than forecast by industry and private analysts. Imports from Saudi Arabia fell by more than half from the previous week to 442,000 barrels a day, the second-lowest in data going back to 2010.