Here are some of the news articles that may have impacted Alpha One’s analysis:
News articles about Plains All American Pipeline, L.P. (NYSE:PAA) have been trending somewhat negative on Thursday, according to AlphaOne Sentiment. AlphaOne, a division of Accern, rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plains All American Pipeline, L.P. earned a media sentiment score of -0.05 on AlphaOne’s scale. AlphaOne also gave news articles about the pipeline company an impact score of 44 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Plains All American Pipeline, L.P. (NYSE:PAA) traded up 0.84% on Thursday, hitting $27.47. The stock had a trading volume of 1,041,266 shares. The firm’s 50 day moving average is $30.33 and its 200-day moving average is $31.25. The stock has a market capitalization of $18.98 billion, a PE ratio of 34.90 and a beta of 0.87. Plains All American Pipeline, L.P. has a one year low of $21.80 and a one year high of $33.95. Plains All American Pipeline, L.P. (NYSE:PAA) last released its earnings results on Monday, May 8th. The pipeline company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by $0.09. The company had revenue of $6.67 billion during the quarter, compared to analyst estimates of $5.34 billion. Plains All American Pipeline, L.P. had a net margin of 3.60% and a return on equity of 11.52%. Plains All American Pipeline, L.P.’s revenue was up 62.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 EPS. Equities research analysts expect that Plains All American Pipeline, L.P. will post $1.59 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, May 15th. Investors of record on Monday, May 1st will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend is Thursday, April 27th. Plains All American Pipeline, L.P.’s dividend payout ratio is currently 536.59%. Several research analysts recently weighed in on PAA shares. Guggenheim started coverage on Plains All American Pipeline, L.P. in a research report on Monday, April 17th. They set a “neutral” rating and a $28.00 price target on the stock. Barclays PLC reissued an “equal weight” rating and set a $31.00 price target on shares of Plains All American Pipeline, L.P. in a research report on Thursday, March 30th. Scotiabank reissued a “buy” rating and set a $36.00 price target on shares of Plains All American Pipeline, L.P. in a research report on Thursday, March 23rd. Wolfe Research reissued a “market perform” rating on shares of Plains All American Pipeline, L.P. in a research report on Friday, April 21st. Finally, Royal Bank of Canada reissued a “neutral” rating on shares of Plains All American Pipeline, L.P. in a research report on Friday, February 10th. Thirteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $32.93.
Plains All American Pipeline, L.P. Company Profile Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Company’s transportation segment operations consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges.
Receive News & Ratings for Plains All American Pipeline L.P. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Plains All American Pipeline L.P. and related companies with MarketBeat.com’s FREE daily email newsletter.