- Plains All American did not benefit much from the surge in energy prices in 2021 as its YOY cash flows were almost flat.
- The company has some significant growth potential over the next year or two due to new projects.
- The W2W Pipeline should see growing volumes in 2022 and 2023, boosting the cash flow generated from it.
- The company has completed the Capline Reversal project and is now positioned to support the Canadian export market.
- The 6.66% yield is easily sustainable and the company could offer a nice income opportunity for investors.
For further details see:
Plains All American Pipeline: Earnings Show Reasonable Growth Potential For This High-Yielder