PAA News and Press, Plains All American Pipeline L.P. From 02/15/23

Summary Strong commodity prices caused gathering and processing and royalty trust equities to outperform. Fourth quarter energy sector earnings are coming in strong. Energy income equities have shrugged off rising interest rates. Energy Income Performance Energy wa...

HOUSTON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP ), through its wholly owned subsidiary Plains Midstream Canada, has closed the previously announced transaction to sell its non-operated ownership interest in the Keyera Fort Saskatchewan facility to Ke...

Summary Plains All American Pipeline's results disappointed analysts as the company announced both revenue and earnings misses. The company's volumes and cash flows were up, although its reported volumes look a bit strange and bear further investigation. The company had an impairmen...

Summary Plains All American Pipeline and Enterprise Products Partners are two high-yield investment-grade midstream businesses. PAA/PAGP is far cheaper, but EPD has a vastly superior track record. We compare them side by side and offer our take on which is a better buy after reporti...

Plains All American Pipeline, L.P. (PAA) Q4 2022 Results Conference Call February 08, 2023 05:30 PM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chief Executive Officer Al Swanson - Executive Vice President and Chief Fi...

Plains All American Pipeline press release ( NASDAQ: PAA ): Q4 Non-GAAP EPS of $0.33 misses by $0.02 . Revenue of $12.95B (flat Y/Y) misses by $2.1B . 2023 Outlook Expect full-year 2023 Adjusted EBITDA attributable to PAA of $2.45 - $2.55 billion and year-end 2023 ...

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today reported fourth-quarter and full-year 2022 results, announced 2023 guidance and provided the following highlights: 2022 Highlights ...

Plains All American Pipeline ( NASDAQ: PAA ) ticks lower in Tuesday's trading as Bernstein downgraded shares to Market Perform from Outperform with a $14.50 price target, trimmed from $15, foreseeing "a difficult backdrop ahead with less Permian oil growth expected in both the near and lo...

Summary Pipeline companies and MLPs are very good investments for income investors. These companies are very recession-resistant, pay out high yields, and have forward growth potential. The closed-end fund Tortoise Pipeline & Energy Fund includes some of the best companies in th...

Summary Energy equities shook off declining commodity prices to end the week with a gain. Low-quality names caught a bid from the "risk-on" trade. Natural gas-weighted names underperformed as the commodity plunged 10%. Energy Income Performance The S&P 500 surged 2...