Plains All American Pipeline LP

Company Profile

Plains All American Pipeline LP had its IPO on 1998-11-17 under the ticker symbol PAA.

The company operates in the Energy sector and Oil & Gas Midstream industry. Plains All American Pipeline LP has a staff strength of 4,100 employees.

Stock update

Shares of Plains All American Pipeline LP opened at $14.76 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $14.76 - $14.92, and closed at $14.91.

This is a +1.43% increase from the previous day's closing price.

A total volume of 1,990,730 shares were traded at the close of the day’s session.

In the last one week, shares of Plains All American Pipeline LP have slipped by -3.5%.

Plains All American Pipeline LP's Key Ratios

Plains All American Pipeline LP has a market cap of $10.30 billion, indicating a price to book ratio of 0.8252 and a price to sales ratio of 0.1391.

In the last 12-months Plains All American Pipeline LP’s revenue was $51.23 billion with a gross profit of $2.85 billion and an EBITDA of $2.52 billion. The EBITDA ratio measures Plains All American Pipeline LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Plains All American Pipeline LP’s operating margin was 2.96% while its return on assets stood at 3.4% with a return of equity of 11.91%.

In Q2, Plains All American Pipeline LP’s quarterly earnings growth was a positive 49.2% while revenue growth was a negative 29.1%.

Plains All American Pipeline LP’s PE and PEG Ratio

Forward PE

8.2169

Trailing PE

9.0741

PEG

2.2666

Its diluted EPS in the last 12-months stands at $1.62 per share while it has a forward price to earnings multiple of 8.2169 and a PEG multiple of 2.2666. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Plains All American Pipeline LP’s profitability.

Plains All American Pipeline LP stock is trading at a EV to sales ratio of 0.2846 and a EV to EBITDA ratio of 5.3975. Its price to sales ratio in the trailing 12-months stood at 0.1391.

Plains All American Pipeline LP stock pays annual dividends of $1.02 per share, indicating a yield of 7.27% and a payout ratio of 77.27%.

Balance sheet and cash flow metrics

Total Assets

$26.90 billion

Total Liabilities

$4.65 billion

Operating Cash Flow

$-164000000.00

Capital Expenditure

$145 million

Dividend Payout Ratio

77.27%

Plains All American Pipeline LP ended 2024 with $26.90 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $26.90 billion while shareholder equity stood at $13.60 billion.

Plains All American Pipeline LP ended 2024 with $0 in deferred long-term liabilities, $4.65 billion in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $933.00 million and cash and short-term investments were $933.00 million. The company’s total short-term debt was $709,000,000 while long-term debt stood at $7.29 billion.

Plains All American Pipeline LP’s total current assets stands at $4.66 billion while long-term investments were $3.06 billion and short-term investments were $0. Its net receivables were $-270000000.00 compared to accounts payable of $3.30 billion and inventory worth $270.00 million.

In 2024, Plains All American Pipeline LP's operating cash flow was $-164000000.00 while its capital expenditure stood at $145 million.

Comparatively, Plains All American Pipeline LP paid $0.77 in dividends in 2024.

Other key metrics

Current Trading Price

$14.91

52-Week High

$15.5

52-Week Low

$9.4101

Analyst Target Price

$16.09

Plains All American Pipeline LP stock is currently trading at $14.91 per share. It touched a 52-week high of $15.5 and a 52-week low of $15.5. Analysts tracking the stock have a 12-month average target price of $16.09.

Its 50-day moving average was $14.79 and 200-day moving average was $12.85 The short ratio stood at 3.88 indicating a short percent outstanding of 0%.

Around 3521.1% of the company’s stock are held by insiders while 4221.9% are held by institutions.