Plains All American Pipeline, L which can be found using ticker (PAA) have now 19 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 21 and 8 calculating the average target price we see $15.08. Given that the stocks previous close was at $13.03 this now indicates there is a potential upside of 15.7%. Also worth taking note is the 50 day moving average now sits at $12.70 while the 200 day moving average is $11.84. The total market capitalization for the company now stands at $9,156m. Find out more information at: https://www.plainsallamerican.com
The potential market cap would be $10,596m 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 8.21% with the ex dividend date set at 28-4-2023 (DMY).
Other points of data to note are a P/E ratio of 11.02, revenue per share of 81.8 and a 3.45% return on assets.
