Plains All American Pipeline Lp Stock News

Plains All American Pipeline's (PAA) fourth-quarter earnings per unit are lower than expected but revenues surpass estimates.

PAA earnings call for the period ending December 31, 2021.

HOUSTON (AP) _ Plains All American Pipeline L.P. (PAA) on Wednesday reported fourth-quarter profit of $450 million. The Houston-based company said it had profit of 56 cents per share. Earnings, adjusted for non-recurring gains, were 25 cents per share. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. The oil and gas transportation and storage company posted revenue of $12.95 billion in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $10.01 billion. For the year, the company reported profit of $593 million, or 55 cents per share. Revenue was reported as $42.04 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAA at https://www.zacks.com/ap/PAA

Plains All American Pipeline's (PAA) CEO Willie Chiang on Q4 2021 Results - Earnings Call Transcript

HOUSTON, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today reported fourth-quarter and full-year 2021 results and provided the following updates:

Over the past three months, shares of Plains All American (NASDAQ: PAA ) moved higher by 11.86%. Before having a look at the importance of debt, let us look at how much debt Plains All American has. Plains All American''s Debt According to the Plains All American''s most recent financial statement as reported on November 8, 2021, total debt is at $9.20 billion, with $8.39 billion in long-term debt and $808.00 million in current debt. Adjusting for $191.00 million in cash-equivalents, the company has a net debt of $9.01 billion. Also check out this: Moderna And 4 Other Stocks Sold By Insiders Let''s define some of the terms we used in the paragraph above. Current debt is … Full story available on Benzinga.com

Plains All American (PAA) possesses solid growth attributes, which could help it handily outperform the market.

The mean of analysts' price targets for Plains All American (PAA) points to a 30.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement amo

Plains All American Pipeline: Higher Distributions Coming In 2022, Possible 10%+ Yield

Morgan Stanley grew its position in Plains All American Pipeline, L.P. by 17.8% in the second quarter, according to its most recent Form 13F filing with the Securities and

Morgan Stanley grew its position in Plains All American Pipeline, L.P. (NYSE:PAA) by 17.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,074,642 shares of the pipeline companys stock after acquiring an additional 1,217,831 shares during the period. Morgan Stanley owned 1.13% [] The post Morgan Stanley Purchases 1,217,831 Shares of Plains All American Pipeline, L.P. (NYSE:PAA) appeared first on ETF Daily News .

Plains All American Pipeline (NYSE:PAA) had its price objective upped by Wells Fargo & Company from $14.00 to $15.00 in a research note released on Thursday, Benzinga reports. The brokerage currently has an overweight rating on the pipeline companys stock. Several other equities analysts have also weighed in on the stock. Barclays began coverage on []

Moloney Securities Asset Management LLC acquired a new position in Plains All American Pipeline, L.P. (NYSE:PAA) in the 3rd quarter, HoldingsChannel reports. The fund acquired 11,166 shares of the pipeline companys stock, valued at approximately $114,000. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Exchange []