PAA News and Press, Plains All American Pipeline L.P. From 01/04/24

2024-01-04 06:33:35 ET Summary Recurrent MLP & Infrastructure Fund is an open-end equity mutual fund that eliminates the risks of holding individual names in the midstream space. The fund uses EV/IC and focuses on returns on invested capital (ROIC) to analyze and select compan...

2023-12-21 13:20:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-21 11:26:13 ET Summary Alerian MLP ETF is "Buy" as the midstream space remains undervalued. Energy Transfer is the top holding in AMLP and is one of the most attractive stocks in the midstream space. All of AMLP's top holdings are trading below pre-pandemic historical ...

2023-12-21 09:47:59 ET Summary Plains GP Holdings is rated as a hold at current levels after a strong performance in 2023. Plains American's strategy of maintaining steady long-term growth in capital expenditure sets it apart from peers. PAGP's ideal entry point is when it tra...

2023-12-17 20:00:00 ET Summary Pembina Pipeline Corporation announced bullish guidance for 2024, with expected EBITDA of CDN$3.725 billion to CDN$4.025 billion. The company acquired ownership interests in joint ventures from Enbridge Inc. for CDN$3.1 billion, expanding its presenc...

2023-12-08 22:58:07 ET Summary Plains All American Pipeline is a liquids-focused midstream company that has experienced distribution cuts in the past but is now showing signs of stability. The company's earnings are derived primarily from crude oil gathering, storage, and transpor...

2023-11-20 08:30:00 ET Summary A recession in 2024 is becoming more likely as economic data suggests a downturn, and the Fed may cut rates as early as March 2024. Capital is expected to flow into income-producing assets as the risk-free rate of return declines, benefiting sectors ...

2023-11-16 14:56:47 ET Summary NXG Cushing Midstream Energy Fund is one of the few remaining closed-end funds available for midstream investors. The SRV CEF's recent performance has been disappointing, but that may be due to its previously high share price. The fund focuses on...

2023-11-08 17:00:20 ET Summary PAA posted a solid Q3 despite some lower than expected volumes out of the Permian. The company will look to increase its distribution by 19% next year. Trading at one of the lower valuations in the midstream space, PAA remains a "Buy." ...

2023-11-07 01:06:26 ET Summary Plains All American reported solid earnings for the third quarter raising guidance for the year to $2.65 billion. Management unexpectedly raised the distribution by $0.20 instead of the expected $0.15. Leverage dropped to 3.4 within the lowered t...