PAA

Plains All American Pipeline LP
NASDAQENERGYOIL & GAS MIDSTREAM

Key Statistics

Market Cap
$16.00B
P/E Ratio
20.43
EPS
$1.11
Beta
0.47
52W High
$24.26
52W Low
$14.74
50-Day MA
$22.44
200-Day MA
$19.76
Dividend Yield
7.16%
Profit Margin
2.53%
Forward P/E
11.92
PEG Ratio
2.35

About Plains All American Pipeline LP

Plains All American Pipeline, LP, is engaged in the transportation, completion, storage and collection of crude oil and natural gas liquids (NGL) through pipelines in the United States and Canada. The company is headquartered in Houston, Texas.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$45.26B
Gross Profit (TTM)$2.69B
EBITDA$2.36B
Operating Margin2.82%
Return on Equity10.40%
Return on Assets2.98%
Revenue/Share (TTM)$64.24
Book Value$10.72
Price-to-Book1.65
Price-to-Sales (TTM)0.35
EV/Revenue0.603
EV/EBITDA9.39
Quarterly Earnings Growth (YoY)-70.90%
Quarterly Revenue Growth (YoY)8.70%
Shares Outstanding$705.53M
Float$465.01M
% Insiders34.06%
% Institutions40.83%

Historical Volatility

HV 10-Day
20.14%
HV 20-Day
21.29%
HV 30-Day
22.28%
HV 60-Day
21.75%
HV Rank
88.1%

Volatility is currently contracting

Analyst Ratings

Consensus ($23.61 target)
2
Strong Buy
6
Buy
7
Hold
1
Sell
2
Strong Sell

Latest News

Plains All American: Right Call, Wrong Math, Still Bullish

Plains All American raised FY'26 EBITDA guidance midpoint to $2.88B, reflecting improved crude macro but highlighting only modest sensitivity to oil price increases. PAGP's earnings base has stabilized, with fee-based operations now dominating and opportunistic trading exposure significantly reduced versus the volatile mid-2010s. Permian volumes were flat or down in most pipeline segments, as upstream producers showed discipline despite higher oil prices and geopolitical disruptions.

Seeking Alpha6/30/2026Positive
Plains All American's 2025 Schedule K-3 Now Available

HOUSTON, June 30, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) (the "Partnership") today announced that its 2025 Schedule K-3 reflecting items of international tax relevance is available online.

GlobeNewsWire6/30/2026Neutral
Plains All American: Pipeline Gem With A 7% Yield

Plains All American is executing a strategic pivot to become a pure-play crude oil midstream operator, focusing on the Permian Basin. PAA expects record adjusted EBITDA of $2.7B this year, driven by the EPIC (Cactus III) pipeline acquisition last year and organic growth, supporting strong distribution increases. Units yield 7.6% and, despite trading above peer EV/EBITDA multiples, offer a favorable risk profile for investors seeking a high yield and consistent growth.

Seeking Alpha6/16/2026Positive
MLPs Are Not Overpriced

MLPs remain highly attractive for income investors due to defensive cash flows, CPI-linked contracts, and yields averaging ~7.5%. Recent MLP price surges do not signal overvaluation; current valuations are not detached given sector fundamentals and macro risks. MLPs have deleveraged, consolidated, and now benefit from higher inflation expectations and a flight-to-quality dynamic.

Seeking Alpha5/20/2026Positive
Plains All American Pipeline and Plains GP Holdings Announce Completion of Canadian NGL Divestiture

HOUSTON, May 12, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) completed the previously announced sale of all of the issued and outstanding shares of Plains Midstream Canada ULC, the PAA subsidiary that owns substantially all of PAA's natural gas liquids (NGL) business (the “Canadian NGL Business”) to Keyera Corp., an Alberta Corporation (“Keyera”), pursuant to the terms of a definitive Share Purchase Agreement dated as of June 17, 2025 (the “SPA”).

GlobeNewsWire5/12/2026Neutral
Plains All American Pipeline, L.P. and Plains GP Holdings Announce Appointment of New Board Member

HOUSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq:  PAGP ) today announced that Cynthia B. Taylor has been appointed as an independent member of the Board of Directors of PAA GP Holdings LLC (“GP Holdings”) serving in Class III. Ms. Taylor will also serve as a member of the Compensation Committee and the Health, Safety, Environmental and Sustainability Committee. The GP Holdings Board has responsibility for managing the business and affairs of PAA and PAGP.

GlobeNewsWire5/11/2026Neutral

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Data last updated: 7/9/2026