Plains All American Pipeline, L.P.
Plains All American Pipeline, L.P.
Your view on PAA
Overview
What the company does, where it operates, and who runs it.
About Plains All American Pipeline, L.P.
- Industry
- Oil & Gas Midstream
- Sector
- Energy
- CEO
- Wilfred C.W. Chiang
- Headquarters
- 333 Clay Street, Houston, TX, US
- Industry
- Oil & Gas Midstream
- Sector
- Energy
- CEO
- Wilfred C.W. Chiang
- Headquarters
- 333 Clay Street, Houston, TX, US
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.
Media
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Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Plains All American Pipeline, L.P., and the rating behind it. PAA last traded at $25.41, 7.1× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Plains All American Pipeline, L.P.. Starting points for Plains All American Pipeline, L.P.: P/E 7.1, EPS $3.92, beta 0.49 — an Oil & Gas Midstream name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Plains All American Pipeline, L.P.. Plains All American Pipeline, L.P. paid $1.63 per share over the last year — a 6.4% yield at the current $25.41 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Plains All American Pipeline, L.P.. Trailing twelve-month EPS for Plains All American Pipeline, L.P. stands at $3.92. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Plains All American Pipeline, L.P.. Plains All American Pipeline, L.P. has reported as a listed company since 1998. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Plains All American Pipeline, L.P. valued side by side against its closest peers. Plains All American Pipeline, L.P. is measured against Oil & Gas Midstream peers within the Energy sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Plains All American Pipeline, L.P., and how their positions are changing. At a $17.93B market value, institutional positions materially move Plains All American Pipeline, L.P.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Plains All American Pipeline, L.P. executives and directors. Shares of Plains All American Pipeline, L.P. have traded between $15.58 and $21.00 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Plains All American Pipeline, L.P.. Plains All American Pipeline, L.P. is a $17.93B Energy company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Plains All American Pipeline, L.P.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Plains All American Pipeline, L.P.. Coverage tracks Plains All American Pipeline, L.P. within Oil & Gas Midstream (Energy). Press releases and market coverage, newest first.