Plains All American Reports Third-Quarter 2024 Results
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
Check Earnings Report
US:NYSE Investor Relations:
plainsallamerican.com/investor-relations
Company Research
Source: GlobeNewswire
HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported third-quarter 2024 results. Third-Quarter Results Reported net income attributable to PAA of $220 million and net cash provided by operating activities of $692 millionDelivered solid Adjusted EBITDA attributable to PAA of $659 millionProgressed our efficient growth strategy with a small bolt-on acquisition of a Permian gathering systemExited the quarter with 3.0x leverage ratio, below our target range of 3.25x – 3.75xReceived Moody’s upgrade from Baa3 to Baa2 with stable outlook; now mid-BBB at all three credit rating agenciesResolved remaining material Line 901 claims against Plains with two lawsuit settlements resulting in a $120 million charge to GAAP earnings 2024 Guidance Update Expect to be toward the high-end of the guidance range for full-year 2024 Adjusted EBITDA attributable to PAA of $2.725 - $2.775 billionExpect 2024
Show less
Read more
Impact Snapshot
Event Time:
PAA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAA alerts
High impacting Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests news events
Weekly update
A roundup of the hottest topics
PAA
News
- Plains All American Pipeline, L.P. (NYSE: PAA) was downgraded by analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating. They now have a $20.00 price target on the stock, down previously from $22.00.MarketBeat
- Zacks Industry Outlook Highlights Enterprise Products Partners, Energy Transfer and Plains All American Pipeline [Yahoo! Finance]Yahoo! Finance
- Why Plains All American Is My High Conviction Income Stock [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 Pipeline LP (PAA) Q3 2024 Earnings Call Highlights: Strong Permian Growth ... [Yahoo! Finance]Yahoo! Finance
PAA
Earnings
- 11/8/24 - Beat
PAA
Sec Filings
- 12/9/24 - Form 8-K
- 11/13/24 - Form SC
- 11/8/24 - Form 10-Q
- PAA's page on the SEC website