P

    Plains All American Pipeline LP (PAA)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NASDAQ

    $25.65
    +0.17 (+0.67%)

    Market Cap: $17.98B

    Last updated: Sep 01, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    63%(25/40)
    Avg Surprise
    +8.52%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.45
    Range$0.31 - $0.53
    7 analysts
    EPS RevisionsNo revisions (7d)
    1
    4
    30d
    EPS Estimate Drift
    90d ago$0.49+10.5%
    60d ago$0.47+6.5%
    30d ago$0.47+5.4%
    7d ago$0.47+5.4%
    Current$0.45
    Revenue Consensus
    $14.5B
    Range$12.5B - $18.2B
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.35
    Range$0.07 - $0.66
    7 analysts
    Revenue Consensus
    $19.9B
    Range$14.5B - $28.0B
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.35---
    Sep 26EST
    		-$0.45---
    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-46.2%
    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-
    Sep 16
    Reported Nov 2
    		$0.39$0.32+21.88%Beat-

    Dividends

    Dividend Metrics

    Yield6.36%
    Annual/Share$1.63
    Payout Ratio38.73%
    Frequency4
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+22.22%
    5Y CAGR+11.05%
    View PAA's full dividend history

    Key Metrics

    Valuation
    P/E Ratio16.13EV/EBITDA8.31x
    Price/FCF7.62xFCF Yield13.12%
    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
    Beta0.49Avg Volume2.65M
    52-Week High$25.7552-Week Low$14.49

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$24.93
    SMA 20$24.16
    SMA 50$23.42
    SMA 200$20.73
    EMA 10$24.99
    EMA 20$24.50
    EMA 50$23.67
    EMA 200$21.32

    MACD

    Line: 0.58Signal: 0.43Hist: 0.15

    ADX

    ADX: 25.8+DI: 25.1-DI: 11.2

    Aroon & PSAR

    Aroon Up92.0
    Aroon Down36.0
    PSAR$24.48

    Bollinger Bands

    Upper Band$26.01
    Lower Band$22.30
    %B Position1534%(Upper)
    Band Width0.90

    RSI (14-Day)

    Neutral
    68.2

    Momentum Oscillators

    Stoch %K93.0
    Stoch %D92.8
    Williams %R-3.4
    ROC (10d)8.0%
    Momentum1.90
    CCI (20d)125.7
    MFI (14d)79.2

    Volatility Measures

    ATR (14d)$0.54(2.1%)
    StdDev (20d)0.93
    Hist Vol27.5%(Moderate)

    Volume Flow

    VWAP$25.58
    OBV2.5M
    AD Line-3.6B
    CMF (20d)0.043

    Volume Metrics

    Avg Vol (20d)2.6M
    Vol Ratio1.0x
    VWMA (20d)$24.08

    Pivot Points

    R3$25.90
    R2$25.79
    R1$25.64
    Pivot Point$25.53
    S1$25.38
    S2$25.27
    S3$25.12

    Advanced Oscillators

    TSI26.85
    Ultimate Osc60.6
    KST57.50

    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

    Plains All American Pipeline (NASDAQ:PAA) Downgraded to Hold Rating by Wall Street Zen

    Wall Street Zen downgraded Plains All American Pipeline (PAA) from "buy" to "hold," while the overall analyst consensus remains "hold" with a $23.54 price target. PAA opened at $25.48, near its 12-month high, despite reporting quarterly earnings of $0.41 per share, missing the $0.50 consensus, though revenue increased by 66.3% year-over-year. Institutional investors have made various adjustments to their holdings in the company.

    MarketBeat•8/29/26•
    Somewhat-Bearish

    Plains All American Pipeline Lp (NASDAQ:PAA) Receives Consensus Rating of "Hold" from Analysts

    Plains All American Pipeline (NASDAQ:PAA) has received a consensus "Hold" rating from seventeen research firms, with an average 12-month price target of $23.54. The company recently reported quarterly EPS of $0.41, missing consensus estimates, but revenue increased by 66.3% year-over-year to $17.69 billion. PAA maintains a quarterly dividend of $0.4175 per share, offering a 6.5% annualized yield.

    MarketBeat•8/28/26•
    Neutral

    Plains All American Pipeline stock hits 52-week high at 25.04 USD

    Plains All American Pipeline (PAA) stock has reached a new 52-week high of $25.04, reflecting a 51% increase over the past year and 45% year-to-date gains. The company's attractive 6.8% dividend yield and recent strong Q2 2026 results, which surpassed earnings and revenue expectations, have contributed to investor confidence. InvestingPro analysis suggests the stock is currently undervalued, indicating further upside potential.

    Investing.com Australia•8/25/26•
    Neutral

    ET Stock Rallies Past Industry in a Month: Should You Buy or Hold?

    Energy Transfer LP (ET) has outperformed its industry and sector in the past month, driven by its extensive pipeline network, fee-based contracts, and rising demand from data centers. While the company's valuation is attractive and earnings estimates are rising, its return on equity is lower and debt-to-capital ratio is higher than the industry average. The article suggests prospective investors might want to wait for a more favorable entry point despite the positive growth drivers.

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    Morgan Stanley Issues Positive Forecast for Plains All American Pipeline (NASDAQ:PAA) Stock Price

    Morgan Stanley has increased its price target for Plains All American Pipeline (NASDAQ:PAA) from $25 to $26, maintaining an "equal weight" rating and suggesting an 8.58% upside. Despite this positive adjustment, the stock holds an average "Hold" rating with a consensus price target of $23.54 from other analysts. Plains All American Pipeline reported Q2 EPS of $0.41, missing consensus estimates, but saw a significant 66.3% year-over-year revenue increase to $17.69 billion.

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    Frequently Asked Questions About PAA

    What is PAA's current dividend yield?
    Plains All American Pipeline LP (PAA) has a current dividend yield of 6.36%.
    Does PAA pay dividends?
    Yes, Plains All American Pipeline LP pays dividends with a current yield of 6.36%.
    What is PAA's P/E ratio?
    Plains All American Pipeline LP has a price-to-earnings (P/E) ratio of 16.13.
    What is PAA's market cap?
    Plains All American Pipeline LP (PAA) has a market capitalization of $17.98B with a current stock price of $25.65.

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