Plains All American Pipeline, L.P.

Equities

PAA

US7265031051

Oil & Gas Transportation Services

Market Closed - Nasdaq Other stock markets 21:00:00 17/05/2024 BST			5-day change	1st Jan Change
17.37 ^USD	+2.12%		-2.31%	+14.65%

05-14	RBC Adjusts Price Target on Plains All American Pipeline to $18 From $17, Maintains Sector Perform Rating	MT
05-13	UBS Adjusts Plains All American Pipeline Price Target to $21 From $22, Maintains Buy Rating	MT

Plains All American Pipeline, L.P. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 03, 2024 at 12:30 pm

Plains All American Pipeline, L.P. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 11,995 million compared to USD 12,341 million a year ago. Net income was USD 266 million compared to USD 422 million a year ago.

Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.52 a year ago.

Latest news about Plains All American Pipeline, L.P.

RBC Adjusts Price Target on Plains All American Pipeline to $18 From $17, Maintains Sector Perform Rating	05-14	MT
UBS Adjusts Plains All American Pipeline Price Target to $21 From $22, Maintains Buy Rating	05-13	MT
Wells Fargo Adjusts Plains All American Pipeline's Price Target to $20 From $19, Keeps Overweight Rating	05-08	MT
Sector Update: Energy Stocks Edge Higher Premarket Friday	05-03	MT
Transcript : Plains All American Pipeline, L.P., Plains GP Holdings, L.P., Q1 2024 Earnings Call, May 03, 2024	05-03
Plains All American Pipeline Q1 Adjusted Net Income Flat, Revenue Falls	05-03	MT
Earnings Flash (PAA) PLAINS ALL AMERICAN PIPELINE Reports Q1 Revenue $12M, vs. Street Est of $12.98B	05-03	MT
Plains All American Pipeline, L.P. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-03	CI
North American Morning Briefing : Apple, Amgen -2-	05-03	DJ
Stifel Adjusts Price Target on Plains All American Pipeline to $22 From $18, Maintains Buy Rating	04-16	MT
Goldman Sachs Adjusts Price Target on Plains All American Pipeline to $16 From $14.50, Keeps Sell Rating	04-12	MT
UBS Adjusts Plains All American Pipeline Price Target to $22 From $21, Maintains Buy Rating	04-12	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Thursday; Reddit to Decline, Plains All American Pipeline to Open Higher	04-11	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Wednesday; Tilray Brands to Advance, Trump Media & Technology Group to Decline	04-10	MT
Social Buzz: Wallstreetbets Stocks Mixed Premarket Tuesday; MicroStrategy to Decline, Taiwan Semiconductor Manufacturing to Open Higher	04-09	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Monday; MicroStrategy, Tesla to Advance	04-08	MT
Plains All American Pipeline, L.P. Announces Quarterly Distribution on Common Units for the First Quarter of 2024, Payable on May 15, 2024	04-04	CI
Social Buzz: Wallstreetbets Stocks Advance Premarket Thursday; BlackBerry, Trump Media & Technology Group to Open Higher	04-04	MT
Truist Securities Raises Price Target on Plains All American Pipeline to $23 From $21, Maintains Buy Rating	03-19	MT
Plains All American sees record Permian crude output in 2024	02-09	RE
Sector Update: Energy Stocks Fall Late Afternoon	02-09	MT
Sector Update: Energy Stocks Decline in Friday Afternoon Trading	02-09	MT
Transcript : Plains All American Pipeline, L.P., Plains GP Holdings, L.P., Q4 2023 Earnings Call, Feb 09, 2024	02-09
Sector Update: Energy Stocks Gain Premarket Friday	02-09	MT
Sector Update: Energy	02-09	MT

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Company Profile

Plains All American Pipeline, L.P. is a midstream service provider in North America. The Company owns a network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and natural gas liquids (NGL) producing basins (including the Permian Basin) and transportation corridors and at major market hubs in the United States and Canada. It has two segments: Crude Oil and Natural Gas Liquids (NGL). Its Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other facilities-related services utilizing its integrated assets across the United States and Canada. Its NGL segment operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. NGL segment is involved in gathering, fractionation, storage, and/or terminalling services to third-party customers.

Sector

Oil & Gas Transportation Services

Calendar

22/05/2024 - Annual General Meeting

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Ratings for Plains All American Pipeline, L.P.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

17.37 USD

Average target price

19.54 USD

Spread / Average Target

+12.48%

Consensus

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Quarterly earnings - Rate of surprise

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Sector Other Oil & Gas Transportation Services

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