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Plains All American Pipeline LP PAA Stock Quote

| Rating as of

NASDAQ: PAA

Last close prices updated as of Jan 27, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 12.96
  • Sector Energy
  • Industry Oil & Gas Midstream
  • Investment Style Mid Value
  • Day Range 12.75  –  12.98
  • Year Range 9.10  –  12.98
  • Market Cap 9.0504 Bil
  • Volume / Avg 12.4 Mil /  4.9 Mil
  • Price / Sales 0.16
  • Price / Book 0.91
  • Forward Div Yield 8.84%
  • Trailing Div Yield 8.49%

Morningstar‘s Stock Analysis PAA

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Plains Plans To Start Boosting Its Distributions Materially Over the Next Few Years

Stephen Ellis Sector Strategist

Business Strategy and Outlook

| Stephen Ellis |

We believe the returns from Plains All American's pipeline network have been materially negatively impacted by the oversupply of Permian oil takeaway capacity, which we expect to persist for years. In a bit of a setback, Plains will see higher Permian volumes in 2022, but the financial benefit will be more muted as the volumes are moving from fully owned assets to joint-venture assets, meaning Plains will only see a fraction of the earned tariffs. As a result, improved operating leverage from higher Permian volumes is essentially shelved until 2023. Still, Plains is pursuing a balanced capital allocation approach, including a "no regrets" growth capital investment framework and a thoughtful distribution of its remaining excess cash flow.

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Key Statistics PAA

Company Profile PAA

Business Description

Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

Contact
333 Clay Street, Suite 1600
Houston, TX, 77002
Sector Energy
Industry Oil & Gas Midstream
Employees 4,100

Related Articles PAA

FAQs for Plains All American Pipeline LP Stock

Yes. PAA has a forward dividend yield of 8.84%. See PAA’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PAA’s market cap is 9.05 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PAA’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PAA’s price/sales is 0.16.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

PAA’s price/forward earnings is 8.06.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

PAA’s price/book is 0.91.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See PAA’s valuation ratios compared to the Market Index.

PAA’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PAA’s historical performance against its industry peers and the overall market.