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    Plains All American Pipeline LP (PAA)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NASDAQ

    $26.85
    +0.22 (+0.83%)

    Market Cap: $18.79B

    Last updated: Oct 27, 2026 at 10:40 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    62%(24/39)
    Avg Surprise
    +8.18%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.46
    Range$0.37 - $0.53
    8 analysts
    EPS RevisionsNo revisions (7d)
    2
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.47-1.7%
    60d ago$0.46-0.3%
    30d ago$0.45+3.7%
    7d ago$0.45+2.2%
    Current$0.46
    Revenue Consensus
    $15.2B
    Range$12.5B - $18.8B
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.35
    Range$0.05 - $0.62
    9 analysts
    Revenue Consensus
    $19.9B
    Range$13.9B - $28.8B
    10 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.35---
    Sep 26EST
    -$0.46---
    Jun 26
    Reported Aug 7
    $0.41$0.40+2.50%Beat+13.9%
    Mar 26
    Reported May 8
    $0.39$0.41-4.88%Miss+0.0%
    Dec 25
    Reported Feb 6
    $0.40$0.45-11.11%Miss-4.8%
    Sep 25
    Reported Nov 5
    $0.39$0.34+14.71%Beat+5.4%
    Jun 25
    Reported Aug 8
    $0.36$0.33+9.09%Beat+16.1%
    Mar 25
    Reported May 9
    $0.39$0.45-13.33%Miss-4.9%
    Dec 24
    Reported Feb 7
    $0.42$0.42+0.00%Beat+0.0%
    Sep 24
    Reported Nov 8
    $0.37$0.31+19.35%Beat+5.7%
    Jun 24
    Reported Aug 2
    $0.31$0.32-3.13%Miss+24.0%
    Mar 24
    Reported May 3
    $0.41$0.39+5.13%Beat+0.0%
    Dec 23
    Reported Feb 9
    $0.42$0.35+20.00%Beat+27.3%
    Sep 23
    Reported Nov 3
    $0.35$0.23+52.17%Beat+6.1%
    Jun 23
    Reported Aug 4
    $0.25$0.20+25.00%Beat-16.7%
    Mar 23
    Reported May 5
    $0.41$0.36+13.89%Beat+32.3%
    Dec 22
    Reported Feb 8
    $0.33$0.35-5.71%Miss+32.0%
    Sep 22
    Reported Nov 2
    $0.33$0.29+13.79%Beat+50.0%
    Jun 22
    Reported Aug 3
    $0.30$0.20+50.00%Beat+30.4%
    Mar 22
    Reported May 4
    $0.31$0.36-13.89%Miss+24.0%
    Dec 21
    Reported Feb 9
    $0.25$0.27-7.41%Miss-13.8%
    Sep 21
    Reported Nov 2
    $0.22$0.23-4.35%Miss-52.2%
    Jun 21
    Reported Aug 3
    $0.23$0.23+0.00%Beat-8.0%
    Mar 21
    Reported May 4
    $0.25$0.25+0.00%Beat-54.5%
    Dec 20
    Reported Feb 9
    $0.29$0.35-17.14%Miss-54.0%
    Sep 20
    Reported Nov 2
    $0.46$0.33+39.39%Beat-11.5%
    Jun 20
    Reported Aug 4
    $0.25$0.26-3.85%Miss-62.7%
    Mar 20
    Reported May 5
    $0.55$0.46+19.57%Beat-20.3%
    Dec 19
    Reported Feb 4
    $0.63$0.49+28.57%Beat-21.3%
    Sep 19
    Reported Nov 5
    $0.52$0.41+26.83%Beat+20.9%
    Jun 19
    Reported Aug 6
    $0.67$0.40+67.50%Beat+76.3%
    Mar 19
    Reported May 7
    $0.69$0.58+18.97%Beat+91.7%
    Dec 18
    Reported Feb 5
    $0.80$0.73+9.59%Beat+207.7%
    Sep 18
    Reported Nov 6
    $0.43$0.40+7.50%Beat+104.8%
    Jun 18
    Reported Aug 7
    $0.38$0.23+65.22%Beat+81.0%
    Mar 18
    Reported May 8
    $0.36$0.33+9.09%Beat+33.3%
    Dec 17
    Reported Feb 6
    $0.26$0.42-38.10%Miss-29.7%
    Sep 17
    Reported Nov 6
    $0.21$0.22-4.55%Miss-
    Jun 17
    Reported Aug 7
    $0.21$0.25-16.00%Miss-
    Mar 17
    Reported May 8
    $0.27$0.35-22.86%Miss-
    Dec 16
    Reported Feb 7
    $0.37$0.55-32.73%Miss-

    Dividends

    Dividend Metrics

    Forward Yield6.22%
    Forward Annual Dividend$1.67
    Payout Ratio38.73%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+22.22%
    5Y CAGR+11.05%

    Key Metrics

    Valuation
    P/E Ratio16.89EV/EBITDA10.37x
    Price/FCF7.98xFCF Yield12.53%
    Profitability
    Profit Margin5.29%Operating Margin2.78%
    ROE10.20%ROIC7.64%
    Financial Health
    Debt/Equity0.76xInterest Coverage2.55x
    Current Ratio1.12xQuick Ratio1.10x
    Trading Statistics
    Beta0.55Avg Volume2.29M
    52-Week High$26.8552-Week Low$15.12

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$25.63
    SMA 20$24.84
    SMA 50$25.03
    SMA 200$22.32
    EMA 10$25.75
    EMA 20$25.31
    EMA 50$24.81
    EMA 200$22.51

    MACD

    Line: 0.44Signal: 0.19Hist: 0.25

    ADX

    ADX: 28.7+DI: 32.4-DI: 8.3

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down36.0
    PSAR$25.44

    Bollinger Bands

    Upper Band$26.76
    Lower Band$22.92
    %B Position1546%(Upper)
    Band Width1.02

    RSI (14-Day)

    Overbought
    79.2

    Momentum Oscillators

    Stoch %K95.2
    Stoch %D95.5
    Williams %R-2.1
    ROC (10d)9.6%
    Momentum2.35
    CCI (20d)172.6
    MFI (14d)95.3

    Volatility Measures

    ATR (14d)$0.50(1.9%)
    StdDev (20d)0.96
    Hist Vol16.9%(Low)

    Volume Flow

    VWAP$26.75
    OBV20.0M
    AD Line-3.1B
    CMF (20d)0.212

    Volume Metrics

    Avg Vol (20d)2.3M
    Vol Ratio1.2x
    VWMA (20d)$24.91

    Pivot Points

    R3$27.88
    R2$27.36
    R1$27.00
    Pivot Point$26.48
    S1$26.12
    S2$25.60
    S3$25.24

    Advanced Oscillators

    TSI30.39
    Ultimate Osc67.7
    KST20.44

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$17.69B$12.47B$10.03B$11.58B$10.64B$11.48B$11.68B$12.46B$12.76B$11.99B$11.32B$12.07B
    Cost of Revenue$16.56B$11.49B$9.33B$10.59B$9.76B$10.52B$10.87B$11.54B$11.84B$10.92B$10.96B$11.11B
    Gross Profit$1.14B$977.00M$702.00M$993.00M$884.00M$960.00M$814.00M$916.00M$919.00M$1.08B$358.00M$965.00M
    Operating Expenses$739.00M$572.00M$524.00M$509.00M$645.00M$604.00M$844.00M$720.00M$587.00M$708.00M$185.00M$731.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$438.00M$382.00M$289.00M$371.00M$368.00M$385.00M$492.00M$494.00M$359.00M$454.00M$59.00M$464.00M
    Operating Income$398.00M$405.00M$178.00M$484.00M$239.00M$356.00M$-30,000,000$196.00M$332.00M$370.00M$173.00M$234.00M
    Interest Income$89.00M$89.00M$89.00M$96.00M$94.00M$134.00M$169.00M$97.00M$106.00M$95.00M$91.00M$128.00M
    Interest Expense$153.00M$167.00M$159.00M$135.00M$133.00M$127.00M$111.00M$113.00M$111.00M$95.00M$96.00M$97.00M
    Income Before Tax$376.00M$335.00M$145.00M$459.00M$231.00M$389.00M$48.00M$206.00M$350.00M$365.00M$186.00M$265.00M
    Income Tax Expense$100.00M$1.00M$-45,000,000$6.00M$4.00M$9.00M$13.00M$8.00M$52.00M$14.00M$-21,000,000$-14,000,000
    Net Income$1.93B$231.00M$427.00M$529.00M$297.00M$516.00M$120.00M$312.00M$330.00M$351.00M$399.00M$279.00M
    EBITDA$683.00M$656.00M$472.00M$728.00M$504.00M$614.00M$216.00M$448.00M$550.00M$619.00M$324.00M$495.00M
    EBIT$440.00M$413.00M$215.00M$498.00M$270.00M$382.00M$-10,000,000$222.00M$355.00M$365.00M$191.00M$234.00M
    * Some calculated fields are derived from available data when not provided by source

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    News

    PAA Valuation and Fair Value

    P/E
    16.9x
    Forward P/E
    13.1x
    EV/EBITDA
    10.4x
    P/FCF
    8.0x
    PEG
    2.4x
    P/B
    1.7x
    See GNG's fair value

    PAA Profitability: Margins, ROIC and FCF

    Gross margin
    7.4%
    Operating margin
    2.8%
    Net margin
    5.3%
    ROIC
    7.6%
    ROE
    10.2%
    FCF yield
    12.5%

    PAA Analyst Ratings

    Consensus
    Hold
    Analysts
    17
    Strong Buy
    2
    Buy
    6
    Hold
    7
    Sell
    0
    Strong Sell
    2

    PAA Bull Case vs Bear Case

    Bull case

    • PAA grew quarterly revenue 66.3% year over year.

    PAA Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    2.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.46
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 1 down

    PAA Dividend

    Forward yield
    6.2%
    Payout ratio
    38.7%
    3Y DPS growth
    22.2%
    5Y DPS growth
    11.1%
    Pay months
    Feb, May, Aug, Nov
    PAA dividend history

    Frequently Asked Questions About PAA

    What is PAA's current dividend yield?

    Plains All American Pipeline LP (PAA) has a forward dividend yield of 6.22%.

    Does PAA pay dividends?

    Yes, Plains All American Pipeline LP pays dividends with a forward dividend yield of 6.22%.

    What is PAA's P/E ratio?

    Plains All American Pipeline LP has a price-to-earnings (P/E) ratio of 16.89.

    What is PAA's market cap?

    Plains All American Pipeline LP (PAA) has a market capitalization of $18.79B with a current stock price of $26.85.

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