Energy
Plains All American Pipeline, L.P.(PAA)
Live Price
Offline$21.34
-1.11% today
1Y Change
+20.22%
Window
Jun 25, 2025 โ Jun 17, 2026
- Market Cap
- $15.78B
- Revenue Growth
- -11.6%
- EPS Growth
- +127.4%
- Dividend Yield
- 7.1%
Coverage: 246 bars ยท Jun 25, 2025 โ Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Plains All American Pipeline, L.P. (PAA) is a Energy stock with a market cap of $15.78B and listed on NASDAQ. The stock last traded around $21.34 and up 20.2% across the available one-year price window (Jun 25, 2025 โ Jun 17, 2026). Baseline metrics include revenue growth of -11.6%, EPS growth of +127.4%, a dividend yield of 7.1%. What stands out right now is revenue -11.6%, EPS +127.4%, free cash flow +22.6% with operating margin 3.6% and ROIC 6.1%. The dividend matters to the case here, with a current yield around 7.1%. Valuation is more restrained than many high-expectation growth names at P/E 11.0 and price/sales 0.4. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines PAA price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Energy peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-11.6% vs +11.2% peer median
Operating Margin
Below sector median
+3.6% vs +8.6% peer median
P/E
Above sector median
11.0 vs 7.9 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report came in below the EPS bar
2026 was reported on May 8, 2026 with an EPS surprise of -4.9% and a revenue surprise of +3.7%.
The operating picture looks softer than before
Revenue is at -11.6% and EPS is at +127.4%, with operating margin around 3.6%.
The next real check-in already has a date
The next earnings event is scheduled for Aug 14, 2026, which is the clearest near-term catalyst for confirming whether the current trend is holding up.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +3.4% over the next 5 trading days and finished higher after 3 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 8, 2026 | -4.9% | +1.2% | +5.4% | +5.0% |
2026 Feb 6, 2026 | -14.9% | -0.6% | +3.9% | +11.6% |
2025 Nov 5, 2025 | +9.9% | +0.4% | +0.9% | +8.6% |
Benchmark Edge
PAA vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
PAA
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
PAA Max Drawdown
-16.27%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for PAA and SPY.
Company Overview
Plains All American Pipeline, L.P.
NASDAQ Global Select
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 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. As of December 31, 2021, this segment owned and leased 18,300 miles of active crude oil transportation pipelines and gathering systems, as well as an additional 110 miles of pipelines that supports crude oil storage and terminalling facilities; 74 million barrels of commercial crude oil storage capacity; 38 million barrels of active, above-ground tank capacity; four marine facilities; a condensate processing facility; seven crude oil rail terminals and 2,100 crude oil railcars; and 640 trucks and 1,275 trailers. The Natural Gas Liquids segment engages in the natural gas processing, NGL fractionation, storage, transportation, and terminalling activities. As of December 31, 2021, this segment owned and operated four natural gas processing plants; nine fractionation plants; 28 million barrels of NGL storage capacity; approximately 1,620 miles of active NGL transportation pipelines, as well as an additional 55 miles of pipeline that supports NGL storage facilities; 16 NGL rail terminals and approximately 3,900 NGL rail cars; and approximately 220 trailers. 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.
- Leadership
- Wilfred Chiang
- IPO Date
- Nov 18, 1998
- Employees
- 4.2k
- Street Address
- 333 Clay Street
- Mailing
- Houston, TX, 77002
- Region
- Houston, TX, US
- Reporting Currency
- USD
- Investor Line
- 713 646 4100
- Last Updated
- May 3, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 11.0
- EV/EBITDA
- 7.2
- Price/Sales
- 0.4
- Price/Book
- 1.6
Growth
- Revenue
- -11.6%
- EPS
- +127.4%
- Free Cash Flow
- +22.6%
Profitability
- Gross Margin
- 4.8%
- Operating Margin
- 3.6%
- Net Margin
- 3.2%
- ROE
- 14.8%
- ROIC
- 6.1%
Balance Sheet
- Debt/Equity
- 1.15
- Current Ratio
- 0.96
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.