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PAA Stock Chart & Stats
$25.63
-$0.31(-1.26%)
At close: 4:00 PM EDT
$25.63
-$0.31(-1.26%)
Day’s Range― - ―
52-Week Range$16.00 - $26.92
Previous Close$24.3
Volume2.34M
Average Volume (3M)2.36M
Market Cap
$18.77B
Enterprise Value$28.54B
Total Cash (Recent Filing)$1.06B
Total Debt (Recent Filing)$8.63B
Price to Earnings (P/E)7.4
Beta0.22
Next Earnings
Nov 06, 2026EPS Estimate
0.41Next Dividend Ex-DateN/A
Dividend Yield6.14%
Share Statistics
EPS (TTM)3.61
Shares Outstanding705,566,470
10 Day Avg. Volume2,382,665
30 Day Avg. Volume2,360,857
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.29
Price to Sales (P/S)0.29
P/FCF Ratio5.51
Enterprise Value/Market Cap1.52
Enterprise Value/Revenue0.55
Enterprise Value/Gross Profit12.19
Enterprise Value/Ebitda9.27
Forecast
1Y Price Target
$26.92Price Target Upside5.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)1.59
Revenue Forecast (FY)$60.03B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationPAA is converting reported earnings into substantial cash, with free cash flow representing about 88% of TTM net income. This supports debt reduction, maintenance spending, organic growth and distributions, strengthening financial resilience over the next several quarters.
DeleveragingA major reduction in debt improves balance-sheet flexibility and lowers the financial burden carried by operating cash flow. The resulting leverage improvement should give PAA more capacity to fund attractive projects, maintain distributions and withstand volatility.
Cactus III ExpansionThe Cactus III expansion adds durable transportation capacity in a core producing region and is described as capital-efficient with quick fill potential. Greater throughput can expand fee-based earnings and improve asset utilization as Permian production grows.
Bears Say
Thin Operating MarginsStructurally thin margins leave less room to absorb cost increases, weaker volumes or unfavorable market conditions than a higher-margin business would have. They also make earnings more sensitive to the mix of fee-based services and marketing-related activities.
Reduced Segment DiversificationThe divestiture simplifies PAA’s portfolio but also removes an NGL earnings stream and reduces diversification across midstream activities. Greater concentration in crude oil infrastructure may increase dependence on Permian volumes, crude logistics demand and related market conditions.
Higher-Cost Junior DebtReplacing preferred units with long-dated junior subordinated debt simplifies the capital structure but introduces sizable fixed interest obligations. The notes rank below senior debt and include future rate resets, which can raise financing costs and constrain cash available for growth or distributions.
Plains All American News
PAA FAQ
What was Plains All American’s price range in the past 12 months?
Plains All American lowest stock price was $16.00 and its highest was $26.91 in the past 12 months.
What is Plains All American’s market cap?
Plains All American’s market cap is $18.77B.
When is Plains All American’s upcoming earnings report date?
Plains All American’s upcoming earnings report date is Nov 06, 2026 which is in 8 days.
How were Plains All American’s earnings last quarter?
Plains All American released its earnings results on Aug 07, 2026. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.382 by $0.028.
Is Plains All American overvalued?
According to Wall Street analysts Plains All American’s price is currently Undervalued.
Does Plains All American pay dividends?
Plains All American pays a Quarterly dividend of $0.417 which represents an annual dividend yield of 6.14%. See more information on Plains All American dividends here
What is Plains All American’s EPS estimate?
Plains All American’s EPS estimate is 0.41.
How many shares outstanding does Plains All American have?
Plains All American has 705,566,470 shares outstanding.
What happened to Plains All American’s price movement after its last earnings report?
Plains All American reported an EPS of $0.41 in its last earnings report, beating expectations of $0.382. Following the earnings report the stock price went down -3.019%.
Which hedge fund is a major shareholder of Plains All American?
Currently, no hedge funds are holding shares in PAA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Plains All American Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$26.92 (5.02% Upside)
$26.92 (5.02% Upside)
Blogger Sentiment
Bullish
PAA Sentiment 86%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 4.7%
Last 30 Days ▲ 4.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.68%
12-Months-Change
Fundamentals
Return on Equity
27.46%
Trailing 12-Months
Asset Growth
7.60%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Plains All American
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 through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels.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.
PAA Company Deck
PAA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: strong Q2 adjusted EBITDA, meaningful free cash flow expectations, substantial deleveraging (~$2.9 billion) to a 3.3x pro forma leverage ratio, capture of Cactus III synergies and a low-cost expansion, and an increased growth-capex program focused on high-return, quick-hit projects. Management emphasized efficiency targets ($50M in 2026 and another $50M in 2027) and a disciplined capital allocation framework. The main negatives were macro / geopolitical uncertainty, a one-off $14M remediation charge, partial hedge coverage (~70%) leaving residual price exposure, and analyst concern that higher Permian volume forecasts did not lift 2026 EBITDA guidance (timing of benefits expected in 2027). Overall, the positives (operational execution, balance sheet repair, cash generation and strategic expansions) materially outweigh the lowlights.View all PAA earnings summariesPAA Stock 12 Month Forecast
Average Price Target
$26.92
▲(5.02% Upside)
Technical Analysis
Ownership Overview
33.72% Insiders
6.18% Mutual Funds
2.23% Other Institutional Investors
44.35% Public Companies and Individual Investors