|Bid||20.10 x 2200|
|Ask||20.11 x 1400|
|Day's Range||19.97 - 20.14|
|52 Week Range||19.17 - 25.82|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||7.43|
|Earnings Date||Nov 5, 2019|
|Forward Dividend & Yield||1.44 (7.41%)|
|1y Target Est||26.95|
Ratings affirmed include the Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating, Not Prime commercial paper rating, the Ba1 senior unsecured rating and the Ba3 preferred units rating.
Plains All American Pipeline, L.P. and Plains GP Holdings announced they will release third-quarter 2019 earnings after market close on Tuesday, November 5
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today announced their quarterly distributions with respect to the third quarter of 2019. PAA announced a quarterly cash distribution of $0.36 per common unit ($1.44 per unit on an annualized basis), which is unchanged from the distribution paid in August 2019. PAGP announced a corresponding quarterly cash distribution of $0.36 per Class A share ($1.44 per Class A share on an annualized basis), which is unchanged from the distribution paid in August 2019.
DALLAS , Oct. 4, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® MLP High Income Index (the "Index") as part ...
Occidental Petroleum (OXY) continues to sell non-core assets, and focus on higher-margin and high-return production from Permian resources.
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP) today announced the pricing of concurrent secondary public offerings (the “Offerings”) by Oxy Holding Company (Pipeline), Inc., a wholly-owned subsidiary of Occidental Petroleum Corporation, of 14,977,890 common units of PAA at a price to the public of $21.46 per unit and 15,000,000 Class A shares of PAGP at a price to the public of $22.05 per share. The gross proceeds from the sale of the PAA common units and PAGP Class A shares by the selling securityholder are expected to be approximately $321.4 million and $330.8 million, respectively.
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP) today announced the commencement of concurrent secondary public offerings (the “Offerings”) by Oxy Holding Company (Pipeline), Inc., a subsidiary of Occidental Petroleum Corporation, of common units of PAA and Class A shares of PAGP. The aggregate number of PAA common units and PAGP Class A shares offered in the Offerings is 29,977,890, with the specific number of PAA common units and PAGP Class A shares to be determined prior to the pricing of the Offerings.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Plains All American Pipeline L.P. New York, September 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Plains All American Pipeline L.P. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service ("Moody's") assigned a Ba1 rating to Plains All American Pipeline L.P.'s (Plains) proposed senior unsecured notes offering. Plains' announced unsecured debt issuance will improve the company's maturity profile as the use of proceeds will primarily be used to partially refinance its December 2019 and January 2020 maturities totaling $1 billion, and therefore, the transaction will be debt neutral. The proposed and existing Plains senior notes and its $1.6 billion revolving credit facility due August 2024 are issued at the parent level and are unsecured.
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DALLAS , Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019 , total products directly tied to and tracking the Alerian indices was $13.7 billion . Exchange traded funds, exchange traded ...
The Zacks Analyst Blog Highlights: Plains GP, Booking Holdings, Azul, Axon Enterprise and Callaway Golf
We have narrowed down our search to five companies with a favorable Zacks Rank and positive earnings ESP, which will release their earnings results this week .
Encana (ECA) expects 15% y/y growth in liquids production in 2019 on the back of its three core plays, namely Permian, Montney and Anadarko.