Plains All American Pipeline, L which can be found using ticker (PAA) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 21 and 8 and has a mean target at $15.14. Now with the previous closing price of $13.09 this would indicate that there is a potential upside of 15.7%. Also worth taking note is the 50 day moving average now sits at $12.74 and the 200 day MA is $11.92. The market capitalization for the company is $9,093m. You can visit the company’s website by visiting: https://www.plainsallamerican.com
The potential market cap would be $10,517m based on the market consensus.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
The company has a dividend yield of 8.17% with the ex dividend date set at 28-4-2023 (DMY).
Other points of data to note are a P/E ratio of 10.94, revenue per share of 81.8 and a 3.45% return on assets.
