NasdaqGS:PAAOil and Gas
A Look At Plains All American (PAA) Valuation After NGL Sale Pipeline Purchase And Distribution Hike
Plains All American Pipeline (PAA) is back in focus after agreeing to sell its Canadian natural gas liquids business for US$3.8b, buy the EPIC Crude Oil Pipeline for US$2.9b, and lift its quarterly distribution by 10%.
See our latest analysis for Plains All American Pipeline.
The recent asset sale, pipeline purchase and higher distribution come on top of a 30-day share price return of 5.66% and a 90-day share price return of 18.04%. The 5-year total shareholder return of 216.95% points to...