PAA News and Press, Plains All American Pipeline L.P. From 06/27/23

2023-06-27 07:14:00 ET Oil prices have cooled off considerably over the past year. That has put downward pressure on most energy stocks, especially on companies that produce oil. However, not all energy stocks have fallen along with crude prices. Midstream giants ...

2023-06-22 15:33:37 ET The U.S. oil and gas pipeline and infrastructure sector has "entered a new period of elevated capital returns," according to Citi analyst Spiro Dounis, who sees sector free cash flow rising in the coming years as debt levels have dropped sharply. Dounis expec...

2023-06-20 10:24:35 ET A high dividend yield usually means one of two things. Either investors don't believe the company can sustain the payout, or the business has another factor creating some overhang. These issues will weigh down a company's valuation, pushing up its dividend yield. ...

2023-06-17 05:55:29 ET Summary Plains and Energy Transfer are both investment-grade midstream infrastructure businesses, offering high single-digit yields and potential for strong payout growth. Energy Transfer has a more diversified business model and greater exposure to natural ...

2023-06-12 06:38:44 ET Summary Plains All American seems underpriced relative to Enterprise Products Partners. PAA has superior financial metrics at last at this point in time. PAA is raising its dividend/distribution much faster than EPD. Analysts and quants like PAA bett...

2023-06-09 08:36:48 ET Summary Alerian MLP is an ETF that tracks midstream MLPs and offers a high, consistent yield of about 7.9%. AMLP is very similar to another MLP ETF, MLPA, but charges twice as much for management. Due to the higher management fees and lack of unique offe...

2023-06-07 18:27:24 ET Goldman Sachs Asset Management (GSAM) on Wednesday said it was liquidating the Goldman Sachs MLP and Energy Renaissance Fund ( NYSE: GER ). GER's board of trustees, at GSAM's recommendation, approved a plan of liquidation and dissolution for the fund. ...

2023-05-30 22:56:51 ET Summary Plains GP Holdings and Plains All American have a strong position in the midstream market, particularly in the Permian Basin, but have a history of cutting dividends. The companies have made a key assumption that WTI crude will average $82.50/bbl in ...

2023-05-27 05:30:12 ET Summary Plains is still reporting strong cash flows but growth might be slowing or coming to a halt. Dwindling drilling rig counts might stunt crude oil transportation growth. It appears that another distribution increase will happen by year's end but th...

2023-05-25 12:50:42 ET Summary AMZA has a long track record of underperforming in terms of both share price, total return, and dividend growth. We can't blame this on the industry alone because most MLP stocks are performing much better. You can probably do a lot better by sim...