Plains All American Pipeline(PAA)

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Should Value Investors Buy Plains All American Pipeline (PAA) Stock?
ZACKS· 2025-01-21 15:41
Core Viewpoint - The article emphasizes the importance of value investing and highlights Plains All American Pipeline (PAA) as a strong value stock based on its financial metrics and Zacks Rank [2][4][7] Value Metrics - PAA holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong potential for undervaluation [4][7] - The stock has a P/E ratio of 14.35, which is slightly below the industry average of 14.45, suggesting it may be undervalued [4] - PAA's P/B ratio is 1.26, significantly lower than the industry average of 2.39, indicating attractive valuation [5] - The P/CF ratio for PAA is 6.74, compared to the industry's average of 10.03, further supporting the notion of undervaluation [6] Historical Performance - Over the past year, PAA's P/E has fluctuated between a high of 15.23 and a low of 11.75, with a median of 12.77 [4] - The P/B ratio has ranged from a high of 1.26 to a low of 0.93, with a median of 1.08 [5] - PAA's P/CF ratio has seen a high of 6.77 and a low of 4.67, with a median of 5.83 [6] Conclusion - Overall, PAA's financial metrics suggest it is likely undervalued, and combined with a strong earnings outlook, it presents an impressive value investment opportunity [7]
Plains All American Pipeline (PAA) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-01-14 15:56
Technical Analysis - Plains All American Pipeline, L.P. (PAA) has reached an important support level and is considered a good stock pick from a technical perspective [1] - PAA recently experienced a "golden cross" event, where its 50-day simple moving average broke above its 200-day simple moving average, indicating a potential bullish breakout [1][2] Golden Cross Explanation - A golden cross is formed when a stock's short-term moving average crosses above a longer-term moving average, typically involving the 50-day and 200-day averages [2] - The formation of a golden cross consists of three stages: a downtrend that bottoms out, the crossover of moving averages, and continued upward momentum [3] Recent Performance and Outlook - Shares of PAA have increased by 8.3% over the past four weeks, indicating positive momentum [4] - The company holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [4] - PAA's earnings outlook is positive, with no earnings estimates cut and one revision higher in the past 60 days, along with an increase in the Zacks Consensus Estimate [4]
Plains All American's Strong Permian Performance Reflects Strong Demand
Seeking Alpha· 2025-01-14 14:20
Group 1 - Plains All American Pipeline (NASDAQ: PAA) serves as a significant indicator for both U.S. and global crude oil production, making its reports valuable for understanding oil markets [1] - The company has a history of resilience through various market crashes, indicating a robust operational framework [1] Group 2 - The article does not provide specific financial data or performance metrics related to Plains All American Pipeline or the oil industry [2][3]
Plains All American Announces Pricing of Public Offering of $1 Billion of Senior Notes
Newsfilter· 2025-01-13 21:15
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) today announced that it and PAA Finance Corp., a wholly owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the "Offering") of $1 billion aggregate principal amount of 5.950% senior unsecured notes due 2035 at a price to the public of 99.761% of their face value. The Offering is expected to close on January 15, 2025, subject to the satisfaction of customary closing conditions. PAA inten ...
Plains All American Announces Pricing of Public Offering of $1 Billion of Senior Notes
GlobeNewswire· 2025-01-13 21:15
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) today announced that it and PAA Finance Corp., a wholly owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the “Offering”) of $1 billion aggregate principal amount of 5.950% senior unsecured notes due 2035 at a price to the public of 99.761% of their face value. The Offering is expected to close on January 15, 2025, subject to the satisfaction of customary closing conditions. PAA inte ...
Plains All American (PAA) Soars 6.2%: Is Further Upside Left in the Stock?
ZACKS· 2025-01-09 12:43
Plains All American Pipeline (PAA) shares ended the last trading session 6.2% higher at $18.73. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's no gain, no loss over the past four weeks.Plains All American Pipeline’s systematic investments to expand operations, joint ventures, ample liquidity, debt reduction, strong presence in the Permian Basin and non-core asset divestiture will drive its performance.Recently, th ...
This More Than 7%-Yielding Dividend Stock Is Making $670 Million of Acquisitions to Help Fuel a Monster Payment Boost for 2025
The Motley Fool· 2025-01-09 09:35
Plains All American Pipeline (PAA 6.24%) already offers investors a lucrative income stream. The master limited partnership's (MLP) distribution yield is currently over 7%, which is well above the S&P 500's 1.2% dividend yield. That payout is heading even higher in 2025 after the MLP recently signed a series of deals to increase its cash flow. That's giving the oil pipeline company the fuel to boost its distribution by 20% this year. Going on a shopping spreePlains All American Pipeline recently unveiled th ...
Plains All American to Boost Operations With Three Bolt-on Acquisitions
ZACKS· 2025-01-08 12:56
Plains All American Pipeline (PAA) announced three bolt-on acquisitions for an aggregate cash consideration of nearly $670 million, the purchase of nearly 18% of its outstanding PAA Series A Preferred Units and a 20% increase in its annualized distribution rate.The firm’s board of directors has approved an increase in its quarterly distribution (payable in February 2025), for both PAA common units and Plains Group (PAGP) Class A shares, from 31.75 cents per unit to 38 cents. On an annualized basis, the dist ...
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Fourth Quarter 2024 Earnings
Newsfilter· 2025-01-08 00:21
HOUSTON, Jan. 07, 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 fourth quarter of 2024 and also announced timing of fourth quarter 2024 earnings. Fourth Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.38 per Common Unit ($1.52 per unit on an annualized basis), which represents a $0.0625 increase from the di ...
Plains All American Announces Bolt-on Acquisitions, Capital Structure Optimization & Distribution Increase
GlobeNewswire· 2025-01-08 00:18
HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today three bolt-on acquisitions for an aggregate cash consideration of approximately $670 million net to Plains, the purchase of approximately 18% of its outstanding PAA Series A Preferred Units and a 20% increase in its annualized distribution rate. Bolt-on Acquisitions Plains signed a definitive agreement to acquire Ironwood Midstream Energy ...