Plains All American Pipeline LP

Plains All American Pipeline LP

PAA · NASDAQ · Energy / Oil & Gas Midstream

24.44USD+0.13 (+0.53%)

Price History

Full chart

Market Stats

Previous Close24.31
Open24.30
Day Range24.30 – 24.59
52-Week Range14.49 – 26.39
Volume2.11M
Market Cap17.23B
P/E (TTM)20.87
Forward P/E13.07
EPS1.17
Dividend Yield6.69%
Beta0.49
50-Day Avg24.66
200-Day Avg21.91

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Wilfred C.W. Chiang
  • Employees3.90K
  • Headquarters333 Clay Street, Houston, TX, United States, 77002, USA
  • Websitehttps://www.plains.com

Leadership

  • Mr. Wilfred C.W. ChiangPresident, CEO & Chairman of Plains All American GP LLC · b. 1961
  • Mr. Al P. SwansonExecutive VP & CFO of Plains All American GP LLC · b. 1964
  • Mr. Christopher R. ChandlerExecutive VP & COO of Plains All American GP LLC · b. 1972
  • Mr. Richard Kelly McGeeExecutive VP, General Counsel & Secretary of Plains All American GP LLC · b. 1961
  • Mr. Gregory L. ArmstrongSenior Advisor to the CEO & Director of Plains All American GP LLC · b. 1958
  • Mr. Harry N. PefanisSenior Advisor to CEO & Director of Plains All American GP LLC · b. 1957
  • Mr. Jeremy L. GoebelExecutive VP & Chief Commercial Officer of Plains All American GP LLC · b. 1978
  • Mr. Russ MontgomeryVP of Accounting & Chief Accounting Officer of Plains All American GP LLC · b. 1976
  • Mr. Blake Michael FernandezVice President of Investor Relations
  • Mr. Scott SillSenior VP of Operations - Plains Midstream Canada Ulc - Plains All American Gp Llc-General Partner · b. 1963

Financials

Income Statement

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue752.52M176.40M4.70B6.64B6.87B8.38B12.59B20.98B31.18B22.44B20.39B30.06B18.52B25.89B34.27B37.80B42.25B43.46B23.15B20.18B26.22B34.05B33.67B23.29B42.08B57.34B48.71B50.07B44.26B
Growth (%)--76.56%+2565.48%+41.24%+3.42%+22.07%+50.16%+66.61%+48.64%-28.01%-9.14%+47.40%-38.39%+39.81%+32.37%+10.28%+11.78%+2.88%-46.73%-12.83%+29.93%+29.87%-1.13%-30.83%+80.67%+36.28%-15.05%+2.79%-11.61%
Cost of Revenue740.04M168.90M4.59B6.51B6.72B8.21B12.37B20.64B30.71B21.86B19.53B29.10B17.29B24.61B32.43B36.03B40.16B41.35B21.61B18.91B24.79B31.58B31.36B22.16B40.34B55.46B45.96B48.35B41.59B
Gross Profit12.48M7.50M110.30M134.68M147.25M174.29M217.41M331.43M462.30M589.00M862.00M965.00M1.23B1.28B1.84B1.77B2.09B2.12B1.54B1.27B1.43B2.48B2.31B1.13B1.74B1.89B2.76B1.72B2.67B
Gross Margin1.66%4.25%2.35%2.03%2.14%2.08%1.73%1.58%1.48%2.62%4.23%3.21%6.62%4.96%5.37%4.67%4.94%4.87%6.65%6.31%5.45%7.28%6.87%4.85%4.12%3.29%5.66%3.43%6.04%
Operating Expense4.69M2.00M39.50M65.34M70.89M79.73M119.20M151.41M186.70M234.30M344.00M371.00M447.00M516.00M543.00M342.00M359.00M325.00M278.00M279.00M276.00M202.00M325.00M3.50B884.00M594.00M1.25B541.00M1.24B
Operating Income7.79M5.50M70.80M69.34M76.35M94.56M98.20M180.02M275.60M354.70M518.00M594.00M779.00M767.00M1.30B1.43B1.73B1.79B1.26B994.00M1.15B2.28B1.99B-2.38B851.00M1.29B1.51B1.18B1.43B
Operating Margin1.03%3.12%1.51%1.04%1.11%1.13%0.78%0.86%0.88%1.58%2.54%1.98%4.21%2.96%3.79%3.77%4.09%4.12%5.45%4.93%4.40%6.69%5.90%-10.20%2.02%2.25%3.10%2.35%3.24%
EBITDA8.95M6.70M240.50M93.86M100.66M128.63M144.40M247.05M359.10M465.10M699.00M853.00M1.04B1.02B1.54B1.95B2.17B2.29B1.81B1.70B2.01B2.69B3.27B-1.51B1.92B2.79B3.06B2.74B2.91B
EBITDA Margin1.19%3.80%5.11%1.41%1.47%1.53%1.15%1.18%1.15%2.07%3.43%2.84%5.64%3.92%4.50%5.15%5.13%5.27%7.82%8.44%7.65%7.90%9.72%-6.48%4.56%4.86%6.28%5.46%6.57%
Net Income2.14M4.20M-103.30M77.50M44.18M65.29M59.45M130.01M217.80M285.10M365.00M437.00M579.00M505.00M966.00M1.09B1.36B1.38B903.00M726.00M856.00M2.22B2.17B-2.59B593.00M1.04B1.23B772.00M1.44B
Net Income Margin0.28%2.38%-2.20%1.17%0.64%0.78%0.47%0.62%0.70%1.27%1.79%1.45%3.13%1.95%2.82%2.89%3.22%3.18%3.90%3.60%3.26%6.51%6.45%-11.12%1.41%1.81%2.53%1.54%3.24%
R&D------------0000000000-------
R&D as % of Total Revenue------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000029.06B35.23B46.70M59.40M85.60M162.00M196.00M224.00M248.00M253.00M288.00M313.00M348.00M432.00M467.00M510.00M431.00M425.00M436.00M425.00M405.00M386.00M430.00M554.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%346.57%279.80%0.22%0.19%0.38%0.79%0.65%1.21%0.96%0.74%0.76%0.74%0.80%1.87%2.31%1.94%1.27%1.26%1.87%1.01%0.71%0.79%0.86%1.25%

Balance Sheet

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets149.62M610.20M1.22B885.80M1.26B1.67B2.10B3.16B4.12B8.71B9.91B10.03B12.36B14.00B15.38B19.23B20.36B22.26B22.29B24.21B25.35B25.51B28.68B24.50B28.61B27.89B27.36B26.56B30.17B
Total Liabilities143.64M332.60M1.03B671.80M858.45M1.15B1.35B2.09B2.79B5.74B6.48B6.48B8.21B9.43B9.43B12.09B12.66B14.06B14.35B15.39B14.39B13.51B15.48B14.76B15.80B14.57B13.62B13.47B17.09B
Total Equity5.97M277.60M193.00M214.00M402.80M511.61M746.73M1.04B1.29B2.98B3.42B3.55B4.00B4.57B5.25B7.15B7.70B8.19B7.94B8.82B10.96B12.00B13.20B9.74B12.81B13.32B10.42B9.81B9.84B
Cash2.00K5.50M53.80M3.43M3.51M3.50M4.14M12.99M9.60M11.30M24.00M11.00M25.00M36.00M26.00M24.00M41.00M403.00M27.00M47.00M37.00M66.00M45.00M22.00M449.00M401.00M450.00M348.00M4.73B
Total Debt18.00M184.80M482.90M321.30M456.16M608.99M646.25M1.12B1.33B3.63B3.58B4.29B5.22B5.96B5.20B7.41B7.83B10.05B11.37B11.84B9.92B9.21B9.69B10.29B9.30B8.45B8.03B7.93B11.30B
Net Debt18.00M179.30M429.10M317.87M452.65M605.48M642.11M1.11B1.32B3.62B3.56B4.28B5.19B4.59B5.17B6.30B6.67B8.36B10.35B10.08B9.15B9.08B9.53B9.68B8.29B7.19B7.58B7.59B6.57B

Cash Flow

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-12.87M8.40M-106.20M-33.51M-29.95M173.89M68.52M103.97M24.10M-275.30M796.00M857.00M365.00M259.00M2.37B1.24B1.95B2.00B1.34B726.00M2.50B2.61B2.50B1.51B2.00B2.41B2.73B2.49B2.94B
Investing Cash Flow-1.85M-3.10M-211.00M-249.49M-363.78M-225.32M-651.19M-297.20M-1.65B-663.00M-1.34B-660.00M-583.00M-2.02B-3.39B-1.65B-3.30B-2.53B-1.27B-1.57B-813.00M-1.76B-1.09B386.00M-526.00M-702.00M-1.50B-3.69B
Financing Cash Flow14.32M200.00K340.50M-227.83M279.53M189.46M157.24M554.48M270.60M1.93B-124.00M464.00M312.00M336.00M-345.00M2.15B-281.00M1.66B814.00M563.00M-943.00M-1.76B-720.00M-435.00M-1.98B-1.93B-1.98B-1.08B724.00M
Capital Expenditure678.00K2.90M189.70M12.60M21.07M40.59M65.42M116.94M164.10M341.00M548.00M589.00M469.00M451.00M657.00M1.20B1.61B1.93B2.08B1.33B1.02B1.63B1.18B738.00M336.00M455.00M559.00M619.00M643.00M
Free Cash Flow-13.55M5.50M-295.90M-46.11M-51.02M133.30M3.10M-12.98M-140.00M-616.30M248.00M268.00M-104.00M-192.00M1.71B36.00M341.00M72.00M-735.00M-608.00M1.48B974.00M1.32B776.00M1.66B1.95B2.17B1.87B2.29B
Dividends Paid--51.70M59.56M75.93M99.84M121.82M158.35M197.00M262.60M451.00M532.00M605.00M10.00M791.00M684.00M791.00M934.00M1.08B1.06B1.39B1.03B1.20B853.00M715.00M782.00M989.00M1.15B1.29B
FCF to OCF105.27%65.48%278.63%137.61%170.34%76.66%4.53%-12.48%-580.91%223.86%31.16%31.27%-28.49%-74.13%72.22%2.90%17.45%3.59%-54.69%-83.75%59.02%37.35%52.84%51.25%83.17%81.10%79.50%75.14%78.10%
Dividend Paid to FCF---17.47%-129.17%-148.82%74.90%3927.21%-1220.35%-140.71%-42.61%181.85%198.51%-581.73%-5.21%46.31%1900.00%231.96%1297.22%-147.07%-174.67%93.97%105.95%90.85%109.92%43.07%40.04%45.62%61.20%56.48%

Earnings

Report DateMar 31, 1999Aug 2, 1999Nov 3, 1999Mar 29, 2000May 10, 2000Aug 9, 2000Nov 6, 2000Mar 22, 2001May 8, 2001Aug 7, 2001Nov 7, 2001Mar 6, 2002May 7, 2002Jul 24, 2002Oct 29, 2002Feb 26, 2003Apr 25, 2003Jul 29, 2003Oct 28, 2003Feb 24, 2004Apr 28, 2004Aug 4, 2004Nov 3, 2004Feb 23, 2005Apr 28, 2005Jul 28, 2005Oct 27, 2005Feb 23, 2006May 3, 2006Aug 1, 2006Nov 2, 2006Feb 22, 2007May 2, 2007Aug 6, 2007Nov 1, 2007Feb 13, 2008Apr 30, 2008Aug 6, 2008Nov 5, 2008Feb 11, 2009May 6, 2009Aug 5, 2009Nov 4, 2009Feb 10, 2010May 5, 2010Aug 4, 2010Nov 3, 2010Feb 9, 2011May 4, 2011Aug 3, 2011Nov 2, 2011Feb 8, 2012May 7, 2012Aug 6, 2012Nov 5, 2012Feb 6, 2013May 6, 2013Aug 5, 2013Nov 4, 2013Feb 5, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Feb 4, 2015May 5, 2015Aug 4, 2015Nov 3, 2015Feb 8, 2016May 4, 2016Aug 2, 2016Nov 2, 2016Feb 7, 2017May 8, 2017Aug 7, 2017Nov 6, 2017Feb 6, 2018May 8, 2018Aug 7, 2018Nov 6, 2018Feb 5, 2019May 7, 2019Aug 6, 2019Nov 5, 2019Feb 4, 2020May 5, 2020Aug 4, 2020Nov 2, 2020Feb 9, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 9, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 8, 2023May 5, 2023Aug 4, 2023Nov 3, 2023Feb 9, 2024May 3, 2024Aug 2, 2024Nov 8, 2024Feb 7, 2025May 9, 2025Aug 8, 2025Nov 5, 2025Feb 6, 2026May 8, 2026Aug 7, 2026Nov 4, 2026
EPS Estimate-0.200.190.170.160.190.200.200.170.170.190.180.160.180.190.180.180.190.190.190.170.270.290.240.290.440.430.320.370.430.430.360.350.380.350.320.320.330.320.370.420.330.290.350.360.290.320.430.420.440.590.800.730.840.530.760.970.620.500.710.650.500.530.600.540.270.240.450.380.090.320.550.350.250.220.420.330.230.400.730.580.400.410.490.460.260.330.350.250.230.230.270.360.200.290.350.360.200.230.350.390.320.310.420.450.330.340.450.410.400.42
EPS Actual0.190.190.240.160.140.250.190.100.180.180.190.190.190.170.170.170.220.210.190.180.220.270.300.210.340.420.550.380.410.410.480.360.460.460.390.250.330.430.310.370.550.370.260.400.390.280.350.500.520.560.710.830.790.820.731.011.260.560.530.760.650.500.530.600.570.270.280.380.45-0.120.390.370.270.210.210.260.360.380.430.800.690.670.520.630.550.250.460.290.250.230.220.250.310.300.330.330.410.250.350.420.410.310.370.420.390.360.390.400.390.41-
Surprise--5.00%26.32%-5.88%-12.50%31.58%-5.00%-50.00%5.88%5.88%0.00%5.56%18.75%-5.56%-10.53%-5.56%22.22%10.53%0.00%-5.26%29.41%0.00%3.45%-12.50%17.24%-4.55%27.91%18.75%10.81%-4.65%11.63%0.00%31.43%21.05%11.43%-21.88%3.13%30.30%-3.13%0.00%30.95%12.12%-10.34%14.29%8.33%-3.45%9.38%16.28%23.81%27.27%20.34%3.75%8.22%-2.38%37.74%32.89%29.90%-9.68%6.00%7.04%0.00%0.00%0.00%0.00%5.56%0.00%16.67%-15.56%18.42%-233.33%21.88%-32.73%-22.86%-16.00%-4.55%-38.10%9.09%65.22%7.50%9.59%18.97%67.50%26.83%28.57%19.57%-3.85%39.39%-17.14%0.00%0.00%-4.35%-7.41%-13.89%50.00%13.79%-5.71%13.89%25.00%52.17%20.00%5.13%-3.13%19.35%0.00%-13.33%9.09%14.71%-11.11%-4.88%2.50%-
Timing----------Pre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap17.23B
Enterprise Value25.51B
Trailing P/E20.87
Forward P/E13.07
PEG Ratio2.35
Price / Sales0.33
Price / Book1.62
EPS1.17
Book Value12.82
Revenue (TTM)52.30B
Gross Profit (TTM)2.90B
EBITDA2.57B
Profit Margin5.29%
Operating Margin2.78%
Return on Equity10.18%
Return on Assets3.55%
Shares Outstanding705.57M
Shares Float463.52M
Beta0.49
Dividend Yield6.69%
Dividend Rate1.63
Payout Ratio102.67%

Analyst Ratings

Buy
Based on 16 analystsTarget 26.00
  • Strong Buy
    6
  • Buy
    1
  • Hold
    7
  • Sell
    2

Ownership Breakdown

Institutions
41.58%
Insiders
34.19%
Retail / Other
24.23%

Top Institutional Holders

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  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    17.05M2.42%
  • The Goldman Sachs Group Inc
    16.54M2.34%
  • Tortoise Midstream Energy Fund, Inc.
    13.60M1.93%
  • Morgan Stanley - Brokerage Accounts
    11.40M1.62%
  • UBS Group AG
    8.77M1.24%
  • Kayne Anderson Capital Advisors LP
    6.19M0.88%
  • Bank of America Corp
    4.90M0.69%
  • JPMorgan Chase & Co
    3.91M0.55%
  • CIBC Bancorp USA Inc.
    3.76M0.53%

Top Fund Holders

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    10.95M1.55%
  • Goldman Sachs MLP Energy Infras Instl
    7.31M1.04%
  • Invesco SteelPath MLP Select 40 Y
    6.13M0.87%
  • Global X MLP & Energy Infrastructure ETF
    5.72M0.81%
  • Kayne Anderson Energy Infrastructure
    4.75M0.67%
  • Invesco SteelPath MLP Alpha Y
    3.69M0.52%

Dividends

20264×
0.42Oct 30, 20260.42Jul 31, 20260.42May 1, 20260.42Jan 30, 2026
20254×
0.38Oct 31, 20250.38Jul 31, 20250.38May 1, 20250.38Jan 31, 2025
20244×
0.32Oct 31, 20240.32Jul 31, 20240.32Apr 30, 20240.32Jan 30, 2024
20234×
0.27Oct 30, 20230.27Jul 28, 20230.27Apr 28, 20230.27Jan 30, 2023
20224×
0.22Oct 28, 20220.22Jul 28, 20220.22Apr 28, 20220.18Jan 28, 2022
20214×
0.18Oct 28, 20210.18Jul 29, 20210.18Apr 29, 20210.18Jan 28, 2021

Stock Splits

  • Oct 2, 20122:1