Plains All American Pipeline, L.P.

Plains All American Pipeline, L.P.

PAAยทNASDAQ

$22.90

-0.13%
EnergyOil & Gas Midstream

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. As of December 31, 2021, this segment owned and leased 18,300 miles of active crude oil transportation pipelines and gathering systems, as well as an additional 110 miles of pipelines that supports crude oil storage and terminalling facilities; 74 million barrels of commercial crude oil storage capacity; 38 million barrels of active, above-ground tank capacity; four marine facilities; a condensate processing facility; seven crude oil rail terminals and 2,100 crude oil railcars; and 640 trucks and 1,275 trailers. The Natural Gas Liquids segment engages in the natural gas processing, NGL fractionation, storage, transportation, and terminalling activities. As of December 31, 2021, this segment owned and operated four natural gas processing plants; nine fractionation plants; 28 million barrels of NGL storage capacity; approximately 1,620 miles of active NGL transportation pipelines, as well as an additional 55 miles of pipeline that supports NGL storage facilities; 16 NGL rail terminals and approximately 3,900 NGL rail cars; and approximately 220 trailers. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

At a Glance

Live Snapshot
Market Cap$16.16B
EPS1.6600
P/E Ratio13.80
Earnings Date08/14/2026
1.87%
Dividend Yield
-26%
3Y-33.0%
5Y-26.0%
10Y-27.0%
53.49%
Dividend Payout Ratio
-43%
3Y-7.0%
5Y+19.0%
10Y-81.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Plains All American Pipeline, L.P.

Plains All American Pipeline, L.P. Dividend History

PAA ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

PAA Dividend Payment History

PAA ยท NASDAQ

Total Payments

50

Latest Dividend

$0.4180

Annual Amount

$1.9750

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 6, 2026
May 1, 2026May 15, 2026
$0.4180
$0.4180
Quarterly0.00%
Jan 5, 2026
Jan 30, 2026Feb 13, 2026
$0.4180
$0.4180
Quarterly+10.00%
Oct 2, 2025
Oct 31, 2025Nov 14, 2025
$0.3800
$0.3800
Quarterly0.00%
Jul 2, 2025
Jul 31, 2025Aug 14, 2025
$0.3800
$0.3800
Quarterly0.00%
Apr 2, 2025
May 1, 2025May 15, 2025
$0.3800
$0.3800
Quarterly0.00%
Jan 7, 2025
Jan 31, 2025Feb 14, 2025
$0.3800
$0.3800
Quarterly+19.50%
Oct 2, 2024
Oct 31, 2024Nov 14, 2024
$0.3180
$0.3180
Quarterly0.00%
Jul 3, 2024
Jul 31, 2024Aug 14, 2024
$0.3180
$0.3180
Quarterly0.00%
Apr 4, 2024
May 1, 2024May 15, 2024
$0.3180
$0.3180
Quarterly0.00%
Jan 8, 2024
Jan 31, 2024Feb 14, 2024
$0.3180
$0.3180
Quarterly+18.66%
Oct 5, 2023
Oct 31, 2023Nov 14, 2023
$0.2680
$0.2680
Quarterly0.00%
Jul 6, 2023
Jul 31, 2023Aug 14, 2023
$0.2680
$0.2680
Quarterly0.00%
Apr 6, 2023
May 1, 2023May 15, 2023
$0.2680
$0.2680
Quarterly0.00%
Jan 9, 2023
Jan 31, 2023Feb 14, 2023
$0.2680
$0.2680
Quarterly+22.94%
Oct 10, 2022
Oct 31, 2022Nov 14, 2022
$0.2180
$0.2180
Quarterly0.00%
Jul 7, 2022
Jul 29, 2022Aug 12, 2022
$0.2180
$0.2180
Quarterly0.00%
Apr 5, 2022
Apr 29, 2022May 13, 2022
$0.2180
$0.2180
Quarterly+21.11%
Jan 10, 2022
Jan 31, 2022Feb 14, 2022
$0.1800
$0.1800
Quarterly0.00%
Oct 4, 2021
Oct 29, 2021Nov 12, 2021
$0.1800
$0.1800
Quarterly0.00%
Jul 6, 2021
Jul 30, 2021Aug 13, 2021
$0.1800
$0.1800
Quarterly0.00%
Apr 5, 2021
Apr 30, 2021May 14, 2021
$0.1800
$0.1800
Quarterly0.00%
Jan 7, 2021
Jan 29, 2021Feb 12, 2021
$0.1800
$0.1800
Quarterly0.00%
Oct 8, 2020
Oct 30, 2020Nov 13, 2020
$0.1800
$0.1800
Quarterly0.00%
Jul 6, 2020
Jul 31, 2020Aug 14, 2020
$0.1800
$0.1800
Quarterly0.00%
Apr 6, 2020
May 1, 2020May 15, 2020
$0.1800
$0.1800
Quarterly-50.00%
Jan 8, 2020
Jan 31, 2020Feb 14, 2020
$0.3600
$0.3600
Quarterly0.00%
Oct 7, 2019
Oct 31, 2019Nov 14, 2019
$0.3600
$0.3600
Quarterly0.00%
Jul 3, 2019
Jul 31, 2019Aug 14, 2019
$0.3600
$0.3600
Quarterly0.00%
Apr 4, 2019
May 1, 2019May 15, 2019
$0.3600
$0.3600
Quarterly+20.00%
Jan 8, 2019
Jan 31, 2019Feb 14, 2019
$0.3000
$0.3000
Quarterly0.00%
Oct 5, 2018
Oct 31, 2018Nov 14, 2018
$0.3000
$0.3000
Quarterly0.00%
Jul 9, 2018
Jul 31, 2018Aug 14, 2018
$0.3000
$0.3000
Quarterly0.00%
Apr 9, 2018
May 1, 2018May 15, 2018
$0.3000
$0.3000
Quarterly0.00%
Jan 8, 2018
Jan 31, 2018Feb 14, 2018
$0.3000
$0.3000
Quarterly0.00%
Oct 10, 2017
Oct 31, 2017Nov 14, 2017
$0.3000
$0.3000
Quarterly-45.45%
Jul 5, 2017
Jul 31, 2017Aug 14, 2017
$0.5500
$0.5500
Quarterly0.00%
Apr 18, 2017
May 1, 2017May 15, 2017
$0.5500
$0.5500
Quarterly0.00%
Jan 9, 2016
Jan 31, 2017Feb 14, 2017
$0.5500
$0.5500
Quarterly0.00%
Sep 30, 2016
Oct 31, 2016Nov 14, 2016
$0.5500
$0.5500
Quarterly-21.43%
Jul 11, 2016
Jul 29, 2016Aug 12, 2016
$0.7000
$0.7000
Quarterly0.00%
Apr 7, 2016
Apr 29, 2016May 13, 2016
$0.7000
$0.7000
Quarterly0.00%
Jan 12, 2016
Jan 29, 2016Feb 12, 2016
$0.7000
$0.7000
Quarterly0.00%
Oct 7, 2015
Oct 30, 2015Nov 13, 2015
$0.7000
$0.7000
Quarterly+0.72%
Jul 7, 2015
Jul 31, 2015Aug 14, 2015
$0.6950
$0.6950
Quarterly+1.46%
Apr 7, 2015
May 1, 2015May 15, 2015
$0.6850
$0.6850
Quarterly+1.48%
Jan 8, 2015
Jan 30, 2015Feb 13, 2015
$0.6750
$0.6750
Quarterly+2.27%
Oct 8, 2014
Oct 31, 2014Nov 14, 2014
$0.6600
$0.6600
Quarterly+2.33%
Jul 8, 2014
Aug 1, 2014Aug 14, 2014
$0.6450
$0.6450
Quarterly+2.38%
Apr 7, 2014
May 2, 2014May 15, 2014
$0.6300
$0.6300
Quarterly+2.44%
Jan 9, 2014
Jan 31, 2014Feb 14, 2014
$0.6150
$0.6150
Quarterly-
paa

Plains All American Pipeline, L.P. Payout Ratio Analysis

PAA ยท NASDAQ
Dividends Paid
-1.29B
2025
Net Income
1.44B
2025
Payout Ratio
90.24%
2025

Dividend Sustainability Analysis

Payout Ratio
90.24%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
56.5%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-13.1%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.