plains all american pipeline, l.p. (nyse: paa) is a publicly traded master limited partnership that provides midstream energy infrastructure and logistics services for crude oil, natural gas liquids (“ngl”), natural gas and refined products. paa owns an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and ngl producing basins and transportation corridors and at major market hubs in the united states and canada. on average, paa handles over 4.5 million barrels per day of crude oil and ngl on its transportation assets. paa is headquartered in houston, texas. visit us at www.plainsallamerican.com for additional opportunities.
Company profile
Ticker
PAA, PAAPU
Exchange
Website
CEO
Wilfred Chiang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Advantage Pipeline LLC • Advantage Pipeline Holdings LLC • Advantage Pipeline Logistics LLC • Advantage Pipeline Management, LLC • Aurora Pipeline Company Ltd. • Bakersfield Crude Terminal LLC • Cactus II Pipeline LLC • Capline Pipeline Company LLC • Eagle Ford Crude Terminal LLC • FM Midstream Holdings LLC ...
IRS number
760582150
PAA stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Results of Operations and Financial Condition
9 Feb 24
8-K
Regulation FD Disclosure
14 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Plains All American Reports Third-Quarter 2023 Results & Raises 2023 Guidance
3 Nov 23
424B7
Prospectus with selling stockholder info
7 Sep 23
8-K
Amendments to Articles of Incorporation or Bylaws
21 Aug 23
8-K
Regulation FD Disclosure
18 Aug 23
Transcripts
PAA
Earnings call transcript
2023 Q4
9 Feb 24
PAA
Earnings call transcript
2023 Q3
3 Nov 23
PAA
Earnings call transcript
2023 Q2
4 Aug 23
PAA
Earnings call transcript
2023 Q1
5 May 23
PAA
Earnings call transcript
2022 Q4
8 Feb 23
PAA
Earnings call transcript
2022 Q3
3 Nov 22
PAA
Earnings call transcript
2022 Q2
4 Aug 22
PAA
Earnings call transcript
2022 Q1
4 May 22
PAA
Earnings call transcript
2021 Q4
10 Feb 22
PAA
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
SC 13G/A
ALPS ADVISORS INC
5 Feb 24
4
Jeremy L. Goebel
21 Nov 23
144
Notice of proposed sale of securities
21 Nov 23
4
Change in insider ownership
16 Oct 23
4
Change in insider ownership
2 Oct 23
4
Chris Herbold
21 Aug 23
4
Al Swanson
21 Aug 23
4
Richard K. McGee
21 Aug 23
4
Jeremy L. Goebel
21 Aug 23
4
Chris R. Chandler
21 Aug 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 260.00 mm | 260.00 mm | 260.00 mm | 260.00 mm | 260.00 mm | 260.00 mm |
Cash burn (monthly) | 224.33 mm | 30.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.54 bn | 207.97 mm | n/a | n/a | n/a | n/a |
Cash remaining | -1.28 bn | 52.03 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -5.7 | 1.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
9.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 89 |
Opened positions | 10 |
Closed positions | 9 |
Increased positions | 17 |
Reduced positions | 25 |
13F shares | Current |
---|---|
Total value | 1.07 tn |
Total shares | 69.72 mm |
Total puts | 54.80 k |
Total calls | 64.70 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Tortoise Capital Advisors, L.L.C. | 20.13 mm | $308.32 bn |
GS Goldman Sachs | 19.27 mm | $295.20 bn |
JPM JPMorgan Chase & Co. | 5.02 mm | $76.95 bn |
Chickasaw Capital Management | 4.68 mm | $71.45 bn |
CIBC Private Wealth | 3.66 mm | $56.09 bn |
Duff & Phelps Investment Management | 2.79 mm | $42.74 bn |
Miller Howard Investments | 2.45 mm | $37.48 bn |
BNP Paribas Arbitrage | 2.39 mm | $36.64 bn |
CNS Cohen & Steers | 1.61 mm | $24.58 bn |
BCS Barclays | 1.55 mm | $23.61 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Nov 23 | Goebel Jeremy L. | Common Units | Sell | Dispose S | Yes | No | 15.5806 | 35,000 | 545.32 k | 279,223 |
13 Oct 23 | PAA GP | Common Units (Limited Partner Interests) | Other | Dispose J | Yes | No | 0 | 6,353,042 | 0.00 | 232,653,928 |
29 Sep 23 | PAA GP | Common Units (Limited Partner Interests) | Other | Dispose J | Yes | No | 0 | 1,892,538 | 0.00 | 239,006,970 |
17 Aug 23 | Chiang Willie CW | Phantom Units Common Units | Grant | Acquire A | No | No | 0 | 324,100 | 0.00 | 324,100 |
17 Aug 23 | Chandler Chris R. | Phantom Units Common Units | Grant | Acquire A | No | No | 0 | 131,650 | 0.00 | 131,650 |
News
(PAA) - Analyzing Plains All American's Short Interest
22 Apr 24
Stifel Maintains Buy on Plains All American, Raises Price Target to $22
16 Apr 24
UBS Maintains Buy on Plains All American, Raises Price Target to $22
12 Apr 24
A Glimpse Into The Expert Outlook On Plains All American Through 4 Analysts
12 Apr 24
Goldman Sachs Maintains Sell on Plains All American, Raises Price Target to $16
12 Apr 24