Plains All American Pipeline, L.P. (PAA)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Are Investors Undervaluing Plains All American Pipeline (PAA) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Income Investor's Dream: 2 Great Bargains For A Rich Retirement
Alexandria Real Estate offers a 5.2% yield, strong financial health, and a unique life sciences-focused REIT model with robust occupancy and growth prospects. Plains All American provides a 7.2% yield, benefits from growing Permian Basin volumes, and has a disciplined capital allocation with a strong balance sheet. Both ARE and PAA are undervalued, presenting high-yield opportunities for income investors with potential for market-beating total returns.
Piping Hot Yields: Why Plains All American's Distribution Is A Bargain
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.
Why Plains All American Is My High Conviction Income Stock
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.
Plains All American Pipeline Aims For Fee-Based Growth
Plains All American Pipeline, L.P. reported mixed Q3 '24 results with a revenue miss but an earnings beat, and guided to the top end of their adjusted EBITDA range for eFY24. Strength in Permian assets and enhanced oil recovery techniques are expected to drive capital efficiency and operational resilience, supporting a lower capital outlay. Plains All American's disciplined bolt-on acquisitions and the Fort Saskatchewan fractionation project are poised to enhance fee-based cash flow and overall financial stability.
Plains All American agrees to pay about $73 mln to settle California oil spill lawsuit
Plains All American Pipeline has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill in Santa Barbara, a filing showed on Tuesday.
Plains All American Pipeline: Results Were Okay, Company Should Be A Nice Income Source
Plains All American Pipeline's Q3 2024 results were mixed, missing revenue expectations but beating non-GAAP earnings, leading to a 3.91% decline in unit price. Despite the revenue miss, gross profit remained stable, with a 3.03% decline from Q2 2024 but a significant increase from Q3 2023. The company is seeing growth from its subsidiaries but weakness in other business segments.
Plains All American Pipeline: Risky Fixed Income Play
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.
Plains All American Pipeline, L.P. Common Units (PAA) Q3 2024 Earnings Call Transcript
Plains All American Pipeline, L.P. Common Units (NASDAQ:PAA ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman and Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Jeremy Goebel - Executive Vice President and Chief Commercial Officer Chris Chandler - Executive Vice President and Chief Operating Officer Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Jeremy Tonet - JPMorgan Securities Neel Mitra - Bank of America AJ O'Donnell - TPH Manav Gupta - UBS John Mackay - Goldman Sachs Neal Dingmann - Truist Securities Operator Hello, and welcome to PAA and PAGP Third Quarter 2024 Earnings Call.
Plains All American Q3 Earnings Top Estimates, Sales Rise Y/Y
PAA's third-quarter earnings and revenues beat estimates. The company's 2024 adjusted EBITDA outlook remains unchanged.
Financials For Plains All American Pipeline Remain Strong
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.
Plains All American: Flat Share Price But Improved Business, It Is Still A Buy
Plains All American has delivered a strong quarter yet again. Apart from healthy EBITDA dynamics, PAA raised the guidance, initiated some steps in the M&A field, and signed an attractive long-term agreement in NGL's segment. Despite these improvements and more favorable interest rate outlook, the share price has remained relatively flat since my previous article.
