Plains All American Pipeline Lp (PAA) |
|
Price: $16.8900
$0.31
1.870%
|
Day's High:
| $16.92
| Week Perf:
| 1.56 %
|
Day's Low: |
$ 16.65 |
30 Day Perf: |
7.99 % |
Volume (M): |
2,852 |
52 Wk High: |
$ 17.02 |
Volume (M$): |
$ 48,165 |
52 Wk Avg: |
$14.70 |
Open: |
$16.73 |
52 Wk Low: |
$11.28 |
|
|
Market Capitalization (Millions $) |
14,839 |
Shares
Outstanding (Millions) |
879 |
Employees |
4,800 |
Revenues (TTM) (Millions $) |
48,712 |
Net Income (TTM) (Millions $) |
1,502 |
Cash Flow (TTM) (Millions $) |
49 |
Capital Exp. (TTM) (Millions $) |
559 |
Plains All American Pipeline Lp
Plains All American Pipeline LP (PAA) is a midstream energy company based in Houston, Texas, that operates and manages a vast network of pipelines, terminals, and storage facilities that transport and store crude oil, natural gas liquids (NGLs), and refined products across North America. The company has a diversified portfolio of assets that spans from the Permian Basin in Texas through to the Bakken formation in North Dakota, and up into Canada.
PAA was founded in 1998 and has since grown to become one of the largest and most reliable energy infrastructure companies in North America. The company's operations are divided into three main segments: Transportation, Facilities, and Supply and Logistics.
The Transportation segment consists of a network of over 18,000 miles of pipelines that transport crude oil, NGLs, and refined products to and from various production areas and end markets. The company also operates several trucking fleets to transport products to remote locations that are inaccessible by pipeline.
The Facilities segment includes a network of over 120 terminals and storage facilities that provide customers with storage capacity, blending services, and logistical support. These facilities are strategically located near major production and consumption areas, giving customers easy access to the products they need.
The Supply and Logistics segment is responsible for sourcing and marketing crude oil, NGLs, and refined products to customers across North America. This segment also includes the company's natural gas processing and fractionation business, which processes and separates natural gas into its various components.
One of the core strengths of PAA is its commitment to safety and environmental responsibility. The company has implemented stringent safety protocols and training programs to minimize the risk of accidents and spills, and has invested in new technologies and equipment to minimize its environmental footprint.
PAA strives to maintain strong relationships with its customers and invests heavily in research and development to anticipate their evolving needs. The company has a proven track record of executing on its growth plans and delivering value to its stakeholders.
Overall, PAA is a leading midstream energy company with a diverse portfolio of assets that support the production, transportation, and storage of energy across North America. The company's commitment to safety, environmental responsibility, and customer satisfaction has helped to make it one of the most respected names in the industry.
Company Address: 333 Clay Street Houston 77002 TX
Company Phone Number: 646-4100 Stock Exchange / Ticker: NASDAQ PAA
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Plains All American Pipeline Lp
In financial news, Plains All American Pipeline, L.P. (PAA) reported mixed results for the fiscal interval ending on December 31, 2023. Although revenue decreased by -1.969% year on year to $12.70 billion, the company managed to raise its earnings per share by 18.12% to $0.44 per share. Net income also saw a significant increase of 28.71% to $399.000 million. The company's profit margins improved, with net margin rising to 3.14% and operating margin edging up to 3.35%. However, inventories declined to $548.0 million, which could indicate slowing demand. Similarly, accounts receivable decreased to $3,760.0 million.
|
Plains All American Pipeline Lp
Plains All American Pipeline LP, a prominent player in the energy sector, has recently reported weak financial performance for the fiscal period ending September 30, 2023. The company witnessed a significant drop in net profit per share and revenue year on year, indicating a declining trend. Furthermore, this article will outline the reasons behind the bearish outlook for Plains All American Pipeline LP. Declining Profits and Revenue The financial statements for the fiscal period ending September 30, 2023, revealed a concerning picture for Plains All American Pipeline LP. Net profit per share plummeted by a staggering 58.33%, indicating a severe decline in profitability. Additionally, revenue experienced a negative growth rate of 15.799%, falling from $14.34 billion to $12.07 billion. This shrinking revenue is further highlighted by the decrease in earnings per share from $0.48 to $0.20, a decline of 58.33% compared to the corresponding period the year before.
|
Dividend
Published Thu, Oct 5 2023 9:31 PM UTC
Plains All American Pipeline and Plains GP Holdings Declare Quarterly Distributions HOUSTON, Oct. 05, 2023 - Plains All American Pipeline, L.P. (NASDAQ: PAA) and Plains GP Holdings (NASDAQ: PAGP) have announced their quarterly distributions for the third quarter of 2023. This news comes amidst recent market fluctuations for Plains All American Pipeline Lp shares, which h...
|
Plains All American Pipeline Lp
Plains All American Pipeline LP recently released its financial results for the most recent fiscal period, showcasing a mixed performance. While the company reported robust income improvement, revenue witnessed a significant decline. This article aims to interpret the financial results and provide context to the overall performance of Plains All American Pipeline LP. Financial Results Overview: 1. Income Improvement: Plains All American Pipeline LP announced a strong income improvement of 45.45%, with earnings per share (EPS) increasing to $0.32 from the previous year. This indicates the company's ability to generate greater profitability in the given fiscal period.
|
Plains All American Pipeline Lp
Plains All American Pipeline Lp, a reputable midstream energy company engaged in the transportation, storage, terminalling, and marketing of crude oil and refined products, has recently released its financial report for the most recent fiscal period. The report reveals an impressive growth in income per share and net earnings, with a slight decrease in revenue. For the most recent fiscal period, Plains All American Pipeline Lp reported a significant increase in income per share, recording at $0.52 per share, a 173.68% rise compared to $0.19 per share from the previous year. Furthermore, earnings also improved, with a 38.21% increase from $0.38 per share from the previous quarter. Meanwhile, the company's revenue decreased by -9.88%, reporting $12.34 billion compared to $13.69 billion in the same quarter a year before. Sequentially, the revenue decreased by -4.725% from $12.95 billion.
|
Per Share |
Current |
Earnings (TTM) |
1.48 $ |
Revenues (TTM) |
55.44 $
|
Cash Flow (TTM) |
0.06 $ |
Cash |
0.51 $
|
Book Value |
-
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
1.48 $
|
Revenues (TTM) |
55.44 $ |
Cash Flow (TTM) |
0.06 $ |
Cash |
0.51 $
|
Book Value |
- |
Dividend (TTM) |
0 $ |
|
|
|
Company Estimates |
|
|
• Revenue Outlook
Plains All American Pipeline Lp does not provide revenue guidance.
• Earnings Outlook
Plains All American Pipeline Lp does not provide earnings estimates.
|
|
|
|
|
|