Seeking Alpha·2026-01-14 15:24Core Insights - Plains All American has strategically narrowed its focus to pure-play crude oil since the last review in early August, indicating a shift in operational strategy [1] Group 1: Company Strategy - The company has appreciated in value, reflecting positive market sentiment towards its refined focus on crude oil [1] - The analyst emphasizes a long-term value investing approach, highlighting the importance of strong fundamentals and cash flows in investment decisions [1] Group 2: Market Perspective - The analyst expresses interest in sectors like Oil & Gas and consumer goods, particularly those that are undervalued or overlooked by the market [1] - Energy Transfer is cited as an example of a company that was initially avoided by investors but has shown potential for substantial returns [1]