Plains All American: Flat Share Price But Improved Business, It Is Still A Buy [Seeking Alpha]
Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests (PAA)
Last plains all american pipeline, l.p. - common units representing limited partner interests earnings: 2/4 04:16 pm
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US:NYSE Investor Relations:
plainsallamerican.com/investor-relations
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Source: Seeking Alpha
Follow Summary 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. In this article, I dissect the Q2, 2024 earrings report and explain in more detail why I remain bullish on PAA. hirun In April 2024, I wrote a piece on Plains All American Pipeline ( NASDAQ: PAA ) arguing that even though the stock price had registered significant alpha over the index, there is still room for further value creation. All in all, the case boiled down more to receiving enticing dividends at very limited risk. Plus, the fact that the Management had communicated that it will grow the dividend by $0.15 per share a year until the 1.6x distribution coverage is received already implies a
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High impacting Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests news events
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PAA
News
- Plains All American Pipeline, L.P. (NYSE: PAA) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $19.00 price target on the stock.MarketBeat
- Plains All American Pipeline Vs. Enbridge: Only One Is A Buy [Seeking Alpha]Seeking Alpha
- Plains All American Pipeline, L.P. (NYSE: PAA) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $19.00 price target on the stock.MarketBeat
- Plains All American Releases 2023 Sustainability ReportGlobeNewswire
- Plains All American (PAA) Q2 Earnings Lag Estimates, Sales Beat [Yahoo! Finance]Yahoo! Finance
PAA
Earnings
- 8/2/24 - Miss
PAA
Sec Filings
- 9/6/24 - Form S-3
- 9/6/24 - Form S-3ASR
- 8/22/24 - Form 8-K
- PAA's page on the SEC website