PAA Stock Recent News

Dividend sustainability has been an issue for master limited partnership (MLP) Plains All American Pipeline (PAA 3.78%) and its general partner (GP) Plains GP Holdings (PAGP 4.22%) over the years. The MLP has cut its distribution several times over the years due to earnings volatility and balance sheet issues, causing its GP to cut its dividend.

Plains All American Pipeline (PAA 3.78%) stock was the pipeline to increased gains for investors on Wednesday. They traded the shares up by nearly 4% on news of an important divestment, and that rate easily beat the essentially flat-lining S&P 500 index.

PAA to sell Canadian NGL unit for $3.75 billion, sharpening its crude oil focus and unlocking nearly $3 billion in net proceeds.

HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today that it has executed definitive agreements with Keyera Corp. (TSX: KEY) (“Keyera”) pursuant to which Plains will sell substantially all of its NGL business to Keyera for a total cash consideration of approximately $5.15 Billion CAD ($3.75 Billion USD).

The current environment is uniquely challenging, with uncertainty persisting and no clear catalyst for a recovery. Growth is richly priced, and, in my view, an unattractive space. This makes value and income investor areas relatively more interesting.

Israel has attacked Iran to prevent it from getting a nuclear weapon. This has caused markets to experience considerable turmoil. I share 2 big dividend stocks set to soar in response.

When investing for retirement, there should be no compromises on the safety aspect. A large and unexpected income reduction in the retirement phase could lead to really bad consequences (e.g., reduction of living standards, being forced to locate alternative income sources). In this respect, 9% yields seem like a no-go scenario.

It is rare to buy an investment that is both deeply discounted and enjoying strong momentum. However, we share two such opportunities right now. We share why we think they are still undervalued and have significantly further to run.

High-yield stocks with strong balance sheets and growth profiles are rare. I share two of these opportunities here. Both of these opportunities issue 1099 tax forms.

Plains All American Pipeline offers a compelling value proposition with stable cash flows and an attractive yield. The company benefits from a strong asset base and strategic positioning in key North American energy corridors. Recent financial performance demonstrates resilience and supports continued distribution growth for income-focused investors.