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Energy - Oil & Gas Midstream - NASDAQ - US
$ 18.48
0.489 %
$ 13 B
Market Cap
19.87
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one PAA stock under the worst case scenario is HIDDEN Compared to the current market price of 18.5 USD, Plains All American Pipeline, L.P. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one PAA stock under the base case scenario is HIDDEN Compared to the current market price of 18.5 USD, Plains All American Pipeline, L.P. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one PAA stock under the best case scenario is HIDDEN Compared to the current market price of 18.5 USD, Plains All American Pipeline, L.P. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PAA

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$20.5$20.5$20.0$20.0$19.5$19.5$19.0$19.0$18.5$18.5$18.0$18.0$17.5$17.5$17.0$17.0$16.5$16.5$16.0$16.0$15.5$15.515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
50.1 B REVENUE
2.79%
1.18 B OPERATING INCOME
-21.99%
1.11 B NET INCOME
-25.90%
2.49 B OPERATING CASH FLOW
-8.69%
-1.5 B INVESTING CASH FLOW
-114.25%
-1.08 B FINANCING CASH FLOW
45.50%
12 B REVENUE
-3.15%
533 M OPERATING INCOME
505.68%
516 M NET INCOME
330.00%
639 M OPERATING CASH FLOW
-12.10%
-1.15 B INVESTING CASH FLOW
-335.23%
590 M FINANCING CASH FLOW
178.98%
Balance Sheet Plains All American Pipeline, L.P.
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Current Assets 4.8 B
Cash & Short-Term Investments 348 M
Receivables 3.9 B
Other Current Assets 553 M
Non-Current Assets 21.8 B
Long-Term Investments 2.81 B
PP&E 15.8 B
Other Non-Current Assets 3.19 B
14.69 %10.58 %59.32 %12.02 %Total Assets$26.6b
Current Liabilities 4.95 B
Accounts Payable 3.88 B
Short-Term Debt 408 M
Other Current Liabilities 661 M
Non-Current Liabilities 8.52 B
Long-Term Debt 7.53 B
Other Non-Current Liabilities 990 M
28.82 %3.03 %4.91 %55.89 %7.35 %Total Liabilities$13.5b
EFFICIENCY
Earnings Waterfall Plains All American Pipeline, L.P.
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Revenue 50.1 B
Cost Of Revenue 48.4 B
Gross Profit 1.72 B
Operating Expenses 541 M
Operating Income 1.18 B
Other Expenses 65 M
Net Income 1.11 B
60b60b50b50b40b40b30b30b20b20b10b10b0050b(48b)2b(541m)1b(65m)1bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
3.43% GROSS MARGIN
3.43%
2.35% OPERATING MARGIN
2.35%
1.54% NET MARGIN
1.54%
4.28% ROE
4.28%
2.91% ROA
2.91%
4.65% ROIC
4.65%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Plains All American Pipeline, L.P.
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3b3b2b2b2b2b1b1b500m500m00(500m)(500m)(1b)(1b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 1.11 B
Depreciation & Amortization 1.03 B
Capital Expenditures -619 M
Stock-Based Compensation 50 M
Change in Working Capital 74 M
Others 255 M
Free Cash Flow 1.87 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Plains All American Pipeline, L.P.
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Wall Street analysts predict an average 1-year price target for PAA of $20.8 , with forecasts ranging from a low of $18 to a high of $23 .
PAA Lowest Price Target Wall Street Target
18 USD -2.60%
PAA Average Price Target Wall Street Target
20.8 USD 12.73%
PAA Highest Price Target Wall Street Target
23 USD 24.46%
Price
Max Price Target
Min Price Target
Average Price Target
232322222121202019191818171716161515Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
2.35% DIVIDEND YIELD
0.38 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.00003.00002.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.6750.70.550.30.30.360.180.180.26750.31750.380.6850.70.550.30.360.180.180.21750.26750.31750.380.6950.70.550.30.360.180.180.21750.26750.31750.380.72.760.552.650.31.950.31.200.361.380.180.900.180.720.21750.830.26751.070.31751.271.142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
6. Ownership
Insider Ownership Plains All American Pipeline, L.P.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Why Plains All American Pipeline Jumped Nearly 11% in June Shares of Plains All American Pipeline (PAA 0.82%) surged 10.8% in June, according to data provided by S&P Global Market Intelligence . Fueling the oil pipeline company's rally was an agreement to sell its Canadian natural gas liquids (NGL) business to Keyera. fool.com - 2 weeks ago
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second Quarter 2025 Earnings HOUSTON, July 02, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced today their quarterly distributions with respect to the second quarter of 2025 and also announced timing of second quarter 2025 earnings. globenewswire.com - 2 weeks ago
Plains All American's 2024 Schedule K-3 Now Available HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) (the "Partnership") announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican. globenewswire.com - 2 weeks ago
Plains All American: Catalyst For Growth, 1.7x Coverage, Safe Yield (Rating Upgrade) Plains All American offers an attractive 8% distribution yield, which is well-supported by distributable cash flow. The sale of the Canadian NGL business streamlines the portfolio and improves the percentage of EBITDA contributions from fee-based contracts. Permian Basin exposure is a key growth driver, positioning Plains All American for long-term transportation volume growth. seekingalpha.com - 2 weeks ago
The Market May Be About To Get Turned Upside Down Momentum investing is tempting, but value investing in overlooked sectors offers superior long-term returns if you remain disciplined and patient. We share why we think the market may be about to get turned upside down. We also share some of our top picks of the moment. seekingalpha.com - 3 weeks ago
Invest $100,000 For A 7%-Yielding Inflation-Resilient Dividend Growth Portfolio I discuss the keys to building a successful high-yield dividend growth portfolio. I share the key sectors to include. I also share some of the best funds and individual stocks for building a portfolio that yields over 7% and generates inflation-beating dividend growth. seekingalpha.com - 3 weeks ago
Keyera: Hybrid Bonds & The Gift From Plains All American Pipeline Keyera got a gift from Plains All American. We go over the valuation metrics of the acquisition and why this is a game changer. We also tell you why the hybrid bonds make sense on their own. seekingalpha.com - 3 weeks ago
Energy Sector Has Biggest Buying Since 2023 – 4 Ultra-High-Yield Dividend Stocks Are On Fire Investors love dividend stocks, especially those with ultra-high yields, because they offer a significant income stream and have substantial total return potential. 247wallst.com - 3 weeks ago
5 Safer Energy Yields (Up To 9.5%) Amid Middle East Turmoil Let's talk about energy dividends because, well, you know why. But let's not chase the headlines. forbes.com - 4 weeks ago
Dividend Bargains Too Good For Retirees To Ignore Retirement income investments usually demand higher valuations for safety, cash flow, and inflation protection, similar to paying more for comprehensive insurance. Many retirees face a gap between income goals and available capital, making high-priced defensive assets less practical. To bridge this gap, seeking higher yields is tempting but risky; caution, diversification, and patience are essential when yields exceed 7%-8%. seekingalpha.com - 4 weeks ago
3 Big Dividend Income Machines Printing Cash For Retirement Living on dividend income is a great way to retire. However, maintaining a proper balance between yield and growth, as well as sufficient sector diversification, is essential. I share three big dividend income machines that can help create a complete dividend income portfolio. seekingalpha.com - 4 weeks ago
A $3.8 Billion Deal Is Making These Ultra-High-Yielding Dividend Stocks Even Safer Dividend sustainability has been an issue for master limited partnership (MLP) Plains All American Pipeline (PAA 3.78%) and its general partner (GP) Plains GP Holdings (PAGP 4.22%) over the years. The MLP has cut its distribution several times over the years due to earnings volatility and balance sheet issues, causing its GP to cut its dividend. fool.com - 1 month ago
8. Profile Summary

Plains All American Pipeline, L.P. PAA

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COUNTRY US
INDUSTRY Oil & Gas Midstream
MARKET CAP $ 13 B
Dividend Yield 2.35%
Description 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.
Contact 333 Clay Street, Houston, TX, 77002 https://www.plainsallamerican.com
IPO Date Nov. 18, 1998
Employees 4200
Officers Brent Nadeau Vice President of Human Resources of Plains All American GP LLC Mr. Chris Herbold Senior Vice President of Finance & Chief Accounting Officer of Plains All American GP LLC Mr. Wilfred C.W. Chiang Chief Executive Officer & Chairman of Plains All American GP LLC Mr. Al P. Swanson Executive Vice President & Chief Financial Officer of Plains All American GP LLC Mr. Jeremy L. Goebel Executive Vice President & Chief Commercial Officer of Plains All American GP LLC Mr. Harry N. Pefanis President & Director of Plains All American GP LLC Mr. Richard Kelly McGee Executive Vice President, General Counsel & Secretary of Plains All American GP LLC Mr. Gregory L. Armstrong Senior Advisor to the Chief Executive Officer & Director of Plains All American GP LLC Mr. Blake Michael Fernandez Vice President of Investor Relations Mr. Christopher R. Chandler Executive Vice President & Chief Operating Officer of Plains All American GP LLC