Stock Quote PAA: Company Overview and Price Targets for Investors

PAA, also known as Plains All American Pipeline, is a master limited partnership that provides transportation, storage, and marketing of crude oil, refined products, and liquefied petroleum gas.

PAA has a strong track record of delivering consistent returns to investors, with a history of increasing distributions per unit. This is a key consideration for investors, as it demonstrates the company's ability to generate cash flow.

PAA's business model is built around its extensive network of pipelines and storage facilities, which span over 18,000 miles. This infrastructure allows the company to efficiently transport and store energy products.

One of the key drivers of PAA's growth is its ability to adapt to changing market conditions, including shifts in global demand for energy products.

Plains All American Pipeline LP has a significant market value, with its past financial performance reflecting a strong revenue stream.

The company's revenue has been a key driver of its success, with notable figures in past years.

According to the data, Plains All American Pipeline LP's past revenue has been substantial, reaching notable highs in recent years.

Its net income has also been impressive, with a strong track record of profitability.

The company's financial performance has been a key factor in its market value, with investors taking note of its steady growth.

Plains All American Pipeline LP's current market value is a reflection of its past financial performance, with a strong foundation for future growth.

Plains All American Pipeline's revenue decreased by 15.05% in 2023, reaching $48.71 billion.

The company's earnings, however, increased by 17.45% to $976.00 million.

Their adjusted EBITDA guidance for 2024 is expected to hit the top end of $2.725 billion to $2.775 billion, with a strong operational quarter in the Permian region.

Plains All American Pipeline reported a $75 million EBITDA increase and favorable spreads on unhedged C3+ products, with growth expected from Bolt-On acquisitions and crude volumes.

Here's a quick snapshot of their financial performance:

Plains All American Pipeline LP's financial performance is impressive, with a diluted EPS of 1.13. Their revenue growth year over year is a notable 5.6%.

Their profit margin is a strong 2.08, indicating a healthy return on sales. Plains All American Pipeline LP's earnings growth year over year is an impressive 11.8%.

Here are some key estimates for Plains All American Pipeline LP's future performance:

Their dividend is expected to increase, with estimates of 1.49, 1.65, 1.80, and 1.87 for 2025, 2026, 2027, and 2028 respectively. The dividend yield is also expected to rise, with estimates of 7.31%, 8.08%, 8.82%, and 9.17% for the same years.

Plains All American Pipeline LP's net profit is expected to be 1,424, 1,425, 1,667, and N/A for 2025, 2026, 2027, and 2028 respectively. Their EBITDA is expected to be 2,801, 2,803, 2,906, and 3,056 for the same years.

Their cash flow from operations is expected to be 2,702, 2,712, 2,678, and N/A for 2025, 2026, 2027, and 2028 respectively. Their free cash flow is expected to be 1,607, 1,716, 1,553, and 1,658 for the same years.

Their book value per share is expected to be 11.61, 11.67, N/A, and N/A for 2025, 2026, 2027, and 2028 respectively. Their net debt is expected to decrease, with estimates of 7,981, 7,279, 7,085, and N/A for the same years.

Plains All American Pipeline LP's earnings estimates are as follows:

Plains All American Pipeline's revenue took a hit in 2023, decreasing by 15.05% to $48.71 billion. This drop in revenue is a significant change from the previous year's $57.34 billion.

The company's earnings, however, showed a different story, increasing by 17.45% to $976.00 million. This growth in earnings is a positive sign for the company.

In the current quarter, Plains All American Pipeline is expecting to hit the top end of its adjusted EBITDA guidance of $2.725 billion to $2.775 billion. This indicates a strong operational quarter for the company.

Here are some key financial performance metrics for Plains All American Pipeline:

These numbers show a significant increase in revenue and earnings for the company, indicating a strong financial performance.

Analysts are overwhelmingly positive about Plains All American Pipeline L.P. (PAA), with 13 out of 13 analysts recommending a "Buy" rating.

The average rating for PAA stock is "Buy", indicating a strong consensus among analysts.

According to 13 analysts, the 12-month stock price forecast is $20.67, which is an increase of 0.73% from the latest price.

Analysts from top firms like Raymond James Financial, Inc., UBS, and Morgan Stanley have all maintained a "Buy" rating for PAA.

Here's a breakdown of the analysts' ratings:

A "Buy" rating from these top firms is a strong endorsement of PAA's potential for growth.

The average target price for PAA is $21.18, indicating a potential upside for investors.

The average brokerage rating (ABR) for PAA is 2.18, which is a "Buy" rating.

Analysts' recommendations are just one factor to consider when making investment decisions.

It's essential to do your own research and consider multiple sources before making a decision.

The latest analyst forecast suggests that PAA stock could see a 0.73% increase in the coming year.

This could be a good opportunity for investors to consider PAA as part of their portfolio.

The industry rank by ABR is 27 out of 251, indicating that PAA is one of the top-rated stocks in the industry.

The current quarter EPS estimate is 0.46, which could be a good indicator of the company's financial health.

Plains All American Pipeline LP is a company engaged in the transportation, completion, storage and collection of crude oil and natural gas liquids through pipelines in the United States and Canada.

The company is headquartered in Houston, Texas, which is a major hub for the energy industry.

Plains All American Pipeline LP is a pipeline company that operates in North America.

Its main operations involve transporting crude oil and natural gas liquids through pipelines.

The company's headquarters is located in Houston, Texas, which is a key location for the energy industry.

PAA's stock performance has been a topic of interest for investors. The stock's previous close was $20.17.

The day range for PAA stock is between $20.18 and $20.52, indicating some fluctuations in the market. This range is relatively narrow, suggesting a stable stock price.

The year range for PAA stock is between $14 and $21, showing a significant increase in value over the past year. This is a positive trend for investors.

PAA's market capitalization is a substantial $14.19 billion, indicating a large and established company. The primary exchange for PAA stock is NASDAQ.