A downtrend has been apparent in Plains All American Pipeline (PAA) lately. While the stock has lost 7.4% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about th ...

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced that the company's 2023 Sustainability Report Update is now available and can be accessed on the company's website at plains.com/sustainability. The update is also accessible directly at this link. About Plains PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil an ...

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced that the company's 2023 Sustainability Report Update is now available and can be accessed on the company's website at plains.com/sustainability. The update is also accessible directly at this link. About Plains PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil an ...

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman and CEO Al Swanson - Executive Vice President and CFO Jeremy Goebel - Executive Vice President and CCO Chris Chandler - Executive Vice President and COO Conference Call Participants Tristan Richardson - Scotiabank Michael Blum - Wells Fargo Jeremy Tonet - JPMorgan Securities Manav Gupta - UBS Keith Stanl ...

Plains All American Pipeline, L.P. (PAA) reported second-quarter 2024 adjusted earnings of 31 cents per unit, which missed the Zacks Consensus Estimate of 33 cents by 6.1%. However, the bottom line improved 24% from 25 cents in the year-ago quarter. The company reported GAAP earnings of 26 cents per unit compared with 32 cents in the year-ago period. Total Revenues Net sales of $12.93 billion beat the Zacks Consensus Estimate of $12.91 billion by 0.2%. The top line also increased 11.5% from the year-ago qua ...

2Q24 Earnings Call August 2, 2024 Forward-Looking Statements & Non-GAAP Financial Measures Disclosure 2 This presentation contains forward-looking statements, including, in particular, statements about the performance, plans, strategies and objectives for future operations of Plains All American Pipeline, L.P. ("PAA") and Plains GP Holdings, L.P. ("PAGP"). These forward-looking statements are based on PAA's current views with respect to future events, based on what we believe to be reasonable assumptions. P ...

Exhibit 99.1 - more - Plains All American Reports Second-Quarter 2024 Results & Raises 2024 Guidance Houston, TX – August 2, 2024 – Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported strong second-quarter 2024 results and raised full-year 2024 Adjusted EBITDA guidance. Second-Quarter Results • Reported net income attributable to PAA of $250 million and net cash provided by operating activities of $653 million • Delivered Adjusted EBITDA attributable to PAA ...

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today reported strong second-quarter 2024 results and raised full-year 2024 Adjusted EBITDA guidance. Second-Quarter Results Reported net income attributable to PAA of $250 million and net cash provided by operating activities of $653 million Delivered Adjusted EBITDA attributable to PAA of $674 million Generated Adjusted Free Cash Flow of $421 million (excluding changes in Assets ...

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported strong second-quarter 2024 results and raised full-year 2024 Adjusted EBITDA guidance. Second-Quarter Results Reported net income attributable to PAA of $250 million and net cash provided by operating activities of $653 million Delivered Adjusted EBITDA attributable to PAA of $674 million Generated Adjusted Free Cash Flow of $421 million (excluding changes in Asset ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. One company value investors might notice is Plains All American Pipeline (PAA) . PAA is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. Finally, investors should note that PAA has a P/CF ratio of 6.08. This figure highlights ...