Plains All American Pipeline Performance degli utili passati
Criteri Il passato verificati 5/6
Plains All American Pipeline ha registrato una crescita degli utili a un tasso medio annuo di 8%, mentre il settore Oil and Gas ha registrato utili in crescita a un tasso medio annuo di 8%. I ricavi sono stati in crescita a un tasso medio annuo di 4.1%. Il ritorno sul capitale proprio di Plains All American Pipeline è 10.5% e ha margini netti di 1.7%.
Informazioni chiave
7.96%
Tasso di crescita degli utili
8.16%
Tasso di crescita dell'EPS
| Oil and Gas Crescita del settore | 33.67% |
| Tasso di crescita dei ricavi | 4.14% |
| Rendimento del capitale proprio | 10.45% |
| Margine netto | 1.73% |
| Ultimo aggiornamento sugli utili | 31 Mar 2026 |
Aggiornamenti sulle prestazioni recenti
Recent updates
Aggiornamento della narrazione • Jun 25
PAA: Fair Value View Will Reflect Permian Expansion And Deleveraging Shift
Analysts have slightly raised their price target for Plains All American Pipeline to about $23.61 per unit from roughly $23.50, reflecting updated assumptions around revenue growth, profit margins, the discount rate, and the future P/E multiple. What’s in the News for Plains All American Pipeline Plains All American Pipeline has increased its budget by nearly 30% for Permian crude oil projects as pipeline egress tightens, while keeping its system expansion plans in place, according to Hart Energy.Seeking Alpha • Jun 16
Plains All American: Pipeline Gem With A 7% Yield
Summary Plains All American is executing a strategic pivot to become a pure-play crude oil midstream operator, focusing on the Permian Basin. PAA expects record adjusted EBITDA of $2.7B this year, driven by the EPIC (Cactus III) pipeline acquisition last year and organic growth, supporting strong distribution increases. Units yield 7.6% and, despite trading above peer EV/EBITDA multiples, offer a favorable risk profile for investors seeking a high yield and consistent growth. Risks include reduced diversification and geographic concentration in the Permian Basin, but long-term crude oil demand trends support PAA's CapEx strategy. Read the full article on Seeking AlphaAggiornamento della narrazione • Jun 05
PAA: Fair Value View Will Reflect Canadian Sale And Deleveraging Shift
Analysts have adjusted their price target on Plains All American Pipeline from $22.56 to $23.50, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E, which they say support a slightly higher fair value estimate. What's in the News Plains All American completed the sale of its Canadian natural gas liquids business, Plains Midstream Canada ULC, to Keyera for about C$5.13b (around US$3.76b), generating roughly US$3.3b in net proceeds.Aggiornamento della narrazione • Apr 25
PAA: Fair Value Outlook Will Reflect Pipeline Acquisition And Completed Buybacks
Analysts have revised their price target for Plains All American Pipeline from $21.89 to $22.56. The change reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.Aggiornamento della narrazione • Apr 10
PAA: Stable Fair Value And Completed Buybacks Will Support Future Return Balance
Analysts have reiterated a $21.89 price target for Plains All American Pipeline, with a slightly lower discount rate and marginally adjusted revenue growth, profit margin, and forward P/E assumptions guiding this updated view. What's in the News Federal Energy Regulatory Commission approved Plains All American Pipeline's proposed accounting for its acquisition of 100% membership interest in EPIC Crude Holdings, LP, owner of the Cactus III Pipeline, with assets to be recorded at fair market value on Cactus III’s books, consistent with Carrier Property Instruction 3-11(b) and (c) (Regulatory filing).Aggiornamento della narrazione • Mar 26
PAA: Higher Distribution And Buybacks Will Support A Balanced Return Outlook
Analysts have adjusted their price target for Plains All American Pipeline from about $21.47 to about $21.89, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Plains All American Pipeline reported that from October 1, 2025 to December 31, 2025, it repurchased 0 units for US$0 under its ongoing program, while completing a total repurchase of 32,012,387 units, or 4.47% of its units, for US$310.6 million under the buyback announced on November 2, 2020 (Key Developments).Aggiornamento della narrazione • Mar 11
PAA: Higher Distribution And Revised Assumptions Will Shape Balanced Return Outlook
Analysts have nudged their price target for Plains All American Pipeline higher from about $20.65 to $21.47, reflecting updated assumptions that combine a slightly lower discount rate with revised views on future revenue growth, profit margins, and P/E expectations. What's in the News Plains All American Pipeline, L.P. declared a quarterly cash distribution of $0.4175 per common unit, which equates to $1.67 per unit on an annualized basis (Key Developments).Aggiornamento della narrazione • Feb 03
PAA: Distribution Uplift And Completed Buybacks Will Guide Forward Return Potential
Analysts have slightly adjusted their price target for Plains All American Pipeline, revising their estimate of fair value from about $20.62 to $20.65 as they incorporate updated assumptions on revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Plains All American Pipeline, L.P. declared a quarterly cash distribution of $0.4175 per common unit, or $1.67 on an annualized basis, compared with the distribution paid in November 2025.Aggiornamento della narrazione • Jan 20
PAA: Distribution Increase And Completed Buybacks Will Shape Future Return Potential
Analysts have nudged their price target for Plains All American Pipeline slightly higher to about US$20.62 from roughly US$20.44, reflecting updated assumptions on fair value, discount rate, revenue trends, profit margins and future P/E expectations. What's in the News Plains All American Pipeline, L.P. declared a quarterly cash distribution of $0.4175 per common unit, or US$1.67 per unit on an annualized basis.Aggiornamento della narrazione • Jan 06
PAA: Completed Buyback Will Support Future Upside From Current Levels
Analysts have modestly refined their fair value view on Plains All American Pipeline to around $20.44 per unit. This reflects small adjustments to the discount rate, profit margin outlook and assumed future P/E multiple rather than a large shift in their overall stance.Aggiornamento della narrazione • Dec 17
PAA: Completed Buyback And Lower Risk Profile Will Support Upside
Analysts have nudged their price target on Plains All American Pipeline slightly lower to approximately $20.44 per unit from about $20.47. The change reflects modest tweaks to discount rate, revenue growth, and valuation assumptions, even as profit margin expectations edge higher.Aggiornamento della narrazione • Dec 03
PAA: Completed Buyback And Lower Risk Profile Will Support Upside
Analysts modestly raised their price target on Plains All American Pipeline by approximately $0.12 per share, citing a slightly lower perceived risk profile, improved long term profit margin assumptions, and a marginally better revenue trajectory that together support a still reasonable future earnings multiple. What's in the News Completed share repurchase program announced November 2, 2020, with a total of 32,012,387 shares bought back for $310.6 million, representing approximately 4.47% of shares outstanding (company filing).Aggiornamento della narrazione • Nov 19
PAA: Multiple New Underwriters Will Strengthen Upcoming Fixed-Income Offerings
Analysts have slightly reduced their price target for Plains All American Pipeline from $20.41 to $20.35. This change reflects updated expectations around revenue growth and profit margins.Aggiornamento della narrazione • Nov 03
PAA: Increased Buybacks And Shareholder Returns Will Signal Future Upside Potential
Narrative Update on Plains All American Pipeline Analysts have slightly lowered their price target for Plains All American Pipeline from $20.65 to $20.41 per share, citing revised revenue growth expectations while profit margins and valuation metrics remain stable. What's in the News Mizuho Securities USA LLC, ING Financial Markets LLC, RBC Capital Markets LLC, Citigroup Global Markets Inc., U.S. Bancorp Investments Inc., SMBC Nikko Securities America Inc., Scotia Capital (USA) Inc., CIBC World Markets Corp., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., BMO Capital Markets Corp., and Regions Securities LLC have all been added as Co-Lead Underwriters for Plains All American Pipeline's $699.055 million Fixed-Income Offering (Key Developments).Aggiornamento della narrazione • Oct 20
US Crude Focus And Permian Expansion Will Drive Future Value
Analysts have slightly lowered their price target for Plains All American Pipeline from $20.74 to $20.65, reflecting subtle adjustments to growth and profitability expectations. What's in the News Mizuho Securities USA LLC, ING Financial Markets LLC, RBC Capital Markets, Citigroup Global Markets Inc., U.S. Bancorp Investments, SMBC Nikko Securities America, Scotia Capital (USA) Inc., CIBC World Markets Corp., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., BMO Capital Markets Corp., and Regions Securities LLC have all been added as Co-Lead Underwriters for Plains All American Pipeline's $699.055 million Fixed-Income Offering (Key Developments).Aggiornamento della narrazione • Oct 05
US Crude Focus And Permian Expansion Will Drive Future Value
Analysts have slightly lowered their price target for Plains All American Pipeline, adjusting it from $21.09 to $20.74 per share as they factor in more conservative revenue growth expectations and a modestly reduced discount rate. What's in the News Multiple co-lead underwriters have been added for Plains All American Pipeline, L.P.'s $699.055 million and $548.889 million fixed-income offerings.Seeking Alpha • Apr 27
Viewing 2025 And Beyond Crude Oil Markets Through Plains All American
Summary Plains All American Pipeline is a reliable proxy for U.S. crude production, making it a valuable indicator for market trends. Previously owned but exited due to price and yield considerations, maintaining interest due to its proxy status. The company's guidance and historical performance are strong indicators for future predictions. Investment decisions are influenced by the company's ability to serve as a reliable predictor of U.S. crude production trends. Read the full article on Seeking AlphaSeeking Alpha • Mar 18
Plains All American: The Value Is Too Good To Pass Up
Summary Plains All American offers a compelling 7.6% distribution yield, supported by robust operating fundamentals and disciplined capital management. PAA's performance exceeded expectations with adjusted EBITDA growth driven by higher crude volumes, favorable NGL dynamics, and tariff escalators. The balance sheet remains strong with a low leverage ratio, and recent acquisitions enhance long-term growth prospects. Trading at an attractive 5.6x price-to-cash flow, PAA is well-positioned for income and value investors, with management committed to annual distribution increases. Read the full article on Seeking AlphaSeeking Alpha • Jan 14
Plains All American's Strong Permian Performance Reflects Strong Demand
Summary Plains delivered a strong operational quarter, expecting to hit the top end of 2024 adjusted EBITDA guidance of $2.725 billion to $2.775 billion. Anticipating $1.45 billion in adjusted free cash flow for 2024, with $1.15 billion allocated to common and preferred distributions. Permian volume growth remains on track, with efficiencies offsetting lower horizontal rig counts, and the Fort Saskatchewan project is on schedule for 2025. Focused on bolt-on acquisitions and capital efficiency to enhance financial flexibility and return cash to shareholders over multiple years. Read the full article on Seeking AlphaSeeking Alpha • Dec 15
Piping Hot Yields: Why Plains All American's Distribution Is A Bargain
Summary Exxon Mobil's strategic M&A and focus on high-margin traditional oil and gas have driven its market cap growth, outpacing peers. Plains All American Pipeline offers a compelling 7.1% yield, strong cash flow coverage, and undervaluation, despite facing pipeline overcapacity and recontracting risks. PAA's disciplined capital allocation and strategic NGL investments position it for long-term growth, supported by Permian production increases. For income-focused investors, PAA presents significant upside potential within the midstream sector, driven by Permian growth and improved fundamentals. Read the full article on Seeking AlphaSeeking Alpha • Dec 03
Why Plains All American Is My High Conviction Income Stock
Summary Plains All American offers a compelling investment with a high 6.9% yield, strong balance sheet, and undervaluation compared to peers. PAA's diversified midstream energy assets and robust growth in Permian Basin volumes underpin stable fee-based cash flows and growth prospects. The company's disciplined capital allocation, high DCF-to-Distribution coverage ratio, and low leverage enhance its financial stability and income potential. With a Price-to-Cash Flow ratio far below peers, PAA presents significant capital appreciation potential alongside its attractive income yield. Read the full article on Seeking AlphaSeeking Alpha • Nov 11
Plains All American Pipeline: Risky Fixed Income Play
Summary Plains All American Pipeline maintains a stable market share and competitive advantage in crude oil transportation, but faces revenue volatility due to fluctuating oil prices. The company's profitability is low, with average gross and net margins of 7.5% and 1.59%, primarily due to its focus on crude oil transportation. Despite high debt levels, Plains All American Pipeline shows slightly stronger FCF margins than competitors, attributed to lower capex spending. However, we rate the company's fixed-income securities as a Hold due to its high debt, low profitability, and less attractive yield-to-credit rating ratio compared to competitors. Read the full article on Seeking AlphaSeeking Alpha • Oct 11
Financials For Plains All American Pipeline Remain Strong
Summary Plains All American Pipeline reported positive results, including a $75 million EBITDA increase and favorable spreads on unhedged C3+ products. Growth is expected from Bolt-On acquisitions and crude volume increases, though significant growth in crude production is uncertain. Management plans to refinance $1.7 billion in debt by 2026. We expect a $0.15 distribution increase next year, supported by $400 million in excess cash, maintaining our buy rating. Read the full article on Seeking Alpha
Nuova narrazione • Aug 22
Critical Acquisitions And Market Savvy Fuel Optimistic Earnings And Growth Prospects
Focused strategy on bolt-on acquisitions and market-based opportunities in crude oil and NGL segments indicate potential for increased revenue and net margins.Seeking Alpha • Aug 11
Plains All American: 7.3% Yield And 190% Dividend Coverage
Summary PAA offers a 7.3% distribution yield with strong coverage ratio and steady growth potential. The company has diversified assets, strong balance sheet, and strategic shift towards fee-based business. PAA's recent performance, acquisition strategy, and valuation make it a compelling choice for conservative investors. Read the full article on Seeking AlphaSeeking Alpha • Jun 30
Examining Plains All American Pipeline's Financial Portrait
Summary First quarter adjusted EBITDA net PAA was $718 million. The company reaffirmed adjusted EBITDA guidance ranged between $2.625 billion to $2.725 billion for 2024. Acquired additional 10% in Saddlehorn Pipeline Company, LLC and Mid-Con terminal asset for $110 million, expected to enhance position in Rockies and Mid-Con. Read the full article on Seeking AlphaSeeking Alpha • Jun 18
Plains All American: The Dividend Story Has Strengthened After Q1 Report
Summary In my latest article on Plains All American I made it clear that PAA is mostly a dividend play rather than an investment from which we could expect strong price appreciation. So far, the stock price has dropped, while the underlying fundamentals have become more supportive for a juicy dividend case. In this article I assess the details of Q1 earnings report and justify why, in my opinion, PAA is an enticing investment case for investors, who seek high and de-risked yield. Read the full article on Seeking AlphaSeeking Alpha • Apr 22
Plains All American: A Buy Despite Recent Outperformance
Summary In the past 3 years, Plains All American has significantly outperformed its benchmarks and peers in the midstream energy/MLP market. This creates concern around PAA's valuation and further upside potential. Also, the massive hit in the early pandemic period could theoretically question the strength of PAA's financial and cash generation profile. In this article, I assess the key fundamentals of PAA and explain why I recommend a buy here. Read the full article on Seeking AlphaSeeking Alpha • Mar 28
Plains All American's 7.5% Yield: More Stable Than Meets The Eye
Summary PAA's dividends are important for investors betting on the long-term value of its assets in a changing energy landscape. PAA has made strategic changes to become a more stable company, including cutting debt and focusing on smaller pipeline projects. PAA's leverage has decreased, and its credit rating outlook has improved, indicating a potential for a rating upgrade in the future. Read the full article on Seeking AlphaSeeking Alpha • Mar 17
Plains All American: A Solid 8% Distribution Play
Summary Plains All American Pipeline is an attractive distribution play in the master limited partnership space with a projected 1.9X distribution coverage ratio for FY 2024. The company owns and operates midstream energy infrastructure, with a focus on the fast-growing Permian basin. Plains All American Pipeline is currently valued at an enterprise-value-to-EBITDA ratio of 8.0X, which I see as reasonable. Given the distribution coverage, a distribution increase later this year is likely. Read the full article on Seeking AlphaSeeking Alpha • Feb 29
Plains All American Pipeline's Units Likely Continue Increasing In Value During 2024
Summary Plains All American Pipeline reported strong 4th quarter and 2023 results, but guided for flat results in 2024 due to lower NGL offset by strong transportation expectations. Management has laid out a formula for future distribution increases, with a 15% increase expected this year and future increases driven by DCF growth. Permian production and potential bolt-on purchases will be key factors to watch for further investment information and cash flow increases. Read the full article on Seeking AlphaRipartizione dei ricavi e delle spese
Ripartizione dei ricavi e delle spese
Come Plains All American Pipeline guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.
Storico di utili e ricavi
| Data | Ricavi | Utili | Spese G+A | Spese di R&S |
|---|---|---|---|---|
| 31 Mar 26 | 45,255 | 782 | 329 | 0 |
| 31 Dec 25 | 44,262 | 786 | 333 | 0 |
| 30 Sep 25 | 45,732 | 497 | 332 | 0 |
| 30 Jun 25 | 46,610 | 229 | 335 | 0 |
| 31 Mar 25 | 48,727 | 299 | 332 | 0 |
| 31 Dec 24 | 48,889 | 283 | 328 | 0 |
| 30 Sep 24 | 49,552 | 632 | 333 | 0 |
| 30 Jun 24 | 49,167 | 729 | 339 | 0 |
| 31 Mar 24 | 48,010 | 806 | 345 | 0 |
| 31 Dec 23 | 47,336 | 784 | 299 | 0 |
| 30 Sep 23 | 48,966 | 938 | 345 | 0 |
| 30 Jun 23 | 51,231 | 1,131 | 336 | 0 |
| 31 Mar 23 | 55,989 | 1,055 | 329 | 0 |
| 31 Dec 22 | 57,342 | 831 | 325 | 0 |
| 30 Sep 22 | 57,379 | 1,021 | 313 | 0 |
| 30 Jun 22 | 53,819 | 578 | 296 | 0 |
| 31 Mar 22 | 47,389 | 159 | 290 | 0 |
| 31 Dec 21 | 42,078 | 393 | 275 | 0 |
| 30 Sep 21 | 35,052 | -85 | 275 | 0 |
| 30 Jun 21 | 30,109 | 118 | 269 | 0 |
| 31 Mar 21 | 23,404 | 478 | 269 | 0 |
| 31 Dec 20 | 23,290 | -2,790 | 271 | 0 |
| 30 Sep 20 | 26,481 | -2,455 | 273 | 0 |
| 30 Jun 20 | 28,535 | -2,149 | 287 | 0 |
| 31 Mar 20 | 33,563 | -1,847 | 290 | 0 |
| 31 Dec 19 | 33,669 | 1,967 | 297 | 0 |
| 30 Sep 19 | 33,301 | 2,773 | 309 | 0 |
| 30 Jun 19 | 34,206 | 3,032 | 309 | 0 |
| 31 Mar 19 | 34,032 | 2,689 | 313 | 0 |
| 31 Dec 18 | 34,055 | 2,009 | 316 | 0 |
| 30 Sep 18 | 32,874 | 1,084 | 298 | 0 |
| 30 Jun 18 | 29,955 | 418 | 292 | 0 |
| 31 Mar 18 | 27,954 | 516 | 275 | 0 |
| 31 Dec 17 | 26,223 | 685 | 270 | 0 |
| 30 Sep 17 | 24,569 | 637 | 273 | 0 |
| 30 Jun 17 | 23,867 | 808 | 275 | 0 |
| 31 Mar 17 | 22,739 | 578 | 286 | 0 |
| 31 Dec 16 | 20,182 | 200 | 279 | 0 |
| 30 Sep 16 | 19,227 | 204 | 271 | 0 |
| 30 Jun 16 | 19,607 | 139 | 261 | 0 |
| 31 Mar 16 | 21,320 | 197 | 267 | 0 |
| 31 Dec 15 | 23,152 | 305 | 278 | 0 |
| 30 Sep 15 | 27,615 | 464 | 285 | 0 |
Guadagni di qualità: PAA ha guadagni di alta qualità.
Margine di profitto in crescita: Gli attuali margini di profitto netti di PAA (1.7%) PAA sono più alti rispetto allo scorso anno (0.6%).
Flusso di cassa libero e analisi degli utili
Analisi della crescita degli utili nel passato
Andamento degli utili: Gli utili di PAA sono cresciuti del 8% all'anno negli ultimi 5 anni.
Accelerare la crescita: La crescita degli utili di PAA nell'ultimo anno ( 161.5% ) supera la media quinquennale ( 8% all'anno).
Guadagni vs Settore: La crescita degli utili PAA nell'ultimo anno ( 161.5% ) ha superato la percentuale del settore Oil and Gas 6%.
Rendimento del capitale proprio
ROE elevato: Il Return on Equity ( 10.5% ) di PAA è considerato basso.
Rendimento delle attività
Rendimento del capitale investito
Scoprire le aziende con forti performance passate
Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/07/06 12:56 |
| Prezzo dell'azione a fine giornata | 2026/07/02 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Plains All American Pipeline, L.P. è coperta da 39 analisti. 9 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Ethan Bellamy | Baird |
| Richard Gross | Barclays |
| Theresa Chen | Barclays |