PAA Stock Recent News

In the latest trading session, Plains All American Pipeline (PAA) closed at $17.17, marking a +0.59% move from the previous day.

Plains All American (PAA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Plains All American's (PAA) fourth-quarter earnings increase year over year, while revenues decline. Total costs and expenses reduce during the same period.

The headline numbers for Plains All American (PAA) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Plains All American (PAA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Plains All American's (PAA) Q4 earnings are expected to have benefited from the improvement in oil tariff volumes and a reduction in debt levels and interest expenses.

Plains All American Pipeline (PAA) closed the most recent trading day at $15.30, moving +0.2% from the previous trading session.

The latest trading day saw Plains All American Pipeline (PAA) settling at $16.20, representing a -0.61% change from its previous close.

Plains All American is undervalued and has an attractive net debt to Adjusted EBITDA metric, trading at an inexpensive valuation and paying an 8% yield. PAA is well-positioned in the energy infrastructure industry, with strong crude infrastructure connecting basins in middle America to the Gulf Coast. Increased oil production, particularly in the Permian Basin, is good news for PAA as it increases the demand for transportation and storage in the energy infrastructure industry.

In the closing of the recent trading day, Plains All American Pipeline (PAA) stood at $15.41, denoting a +0.72% change from the preceding trading day.