PAA News and Press, Plains All American Pipeline L.P. From 06/23/22

High crude and refined product prices are likely to continue for the foreseeable future. Refining capacity balance remains tight with little relief coming. Increases in crude oil production in the United States and world are limited. Buying on weakness might be a lucrative str...

Plains All American Pipeline is one of the largest midstream partnerships in the United States. The company is heavily focused on crude oil, particularly in the Permian Basin. The company expects enormous production growth in the Permian going forward but I am skeptical. The c...

Several companies across the energy infrastructure landscape were active with their repurchase programs in 1Q22, albeit at mostly modest amounts. Energy infrastructure companies repurchased $370 million of their equity in aggregate during the first quarter of 2022. Combining the l...

In this article, I will provide detail as to why I believe Energy Transfer management has debt issues in check. However, return-on-invested-capital remains subpar versus WACC and peers. Several other observations are offered, including a Fair Value Estimate for the common units. ...

NEW YORK, May 24, 2022 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP and Halloran Farkas + Kittila LLP announce the Proposed Settlement in Inter-Marketing Group USA, Inc. v. PAA GP LLC and Plains All American Pipeline, L.P. (“Plains”) (NASDAQ: P...

The midstream sector has a lot going for it right now. KMI and PAGP are two high-yielding investment-grade midstream businesses. Each issues a 1099 tax form, freeing investors from the annoying K1 tax form. For further details see: 2 High Yield Investment Grade Midstream...

Midstream dividend trends remained positive for 1Q22 with no cuts across Alerian’s midstream indexes for the third straight quarter and several examples of growth, including a handful of names raising their quarterly payouts by double-digit percentages. On a year-over-year basi...

Plains All American Pipeline (NASDAQ:PAA) is upgraded to Outperform from Market Perform with a $14 price target, ticked up from $13, at Credit Suisse, which says Plains now boasts one of the most compelling valuations on several metrics. Analyst Spiro Dounis expects to see accelerated capital...

PAA beat consensus expectations and raised full-year guidance, each by 3%. Management is executing on its capital allocation plans. Future growth and a discounted unit price make PAA units a Buy. For further details see: Plains All American: Strong First-Quarter Results ...

Macro tailwinds from higher commodity prices and solid operational execution contributed to a strong 1Q22 earnings season for energy infrastructure companies. Many names raised their financial guidance for 2022 or indicated that they see results trending above their forecasts, thanks ...