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PAA

PAA- Plains All American Pipeline, L.P.

Energy · Oil & Gas Midstream

Price?
$25.85-0.96%
1Y Change?
-
P/E?
22.09
Last Dividend?
$0.42
Div Yield?
6.26%

Price & Performance

Performance

Analysis & Verdict

Analyst Ratings

Buy

Wall Street consensus from 16 analysts

12-Month Price Target

$25.50

-1.4% downside
Low $20.00High $28.00
Current $25.85 Avg target $25.50

Based on analyst estimates; price targets are opinions, not guarantees.

Fair Value Estimates

Current price: $25.85

Graham Number

√(22.5 × EPS × Book Value)

$18.37

-28.9% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$18.06

-30.1% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

9/10

90% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

10.2%

Return on equity - measures how efficiently capital is used

Positive profit margin

5.3%

Net profit margin must be positive - company earns more than it spends

Revenue growth (annual)

+66.3%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+1076.7%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

60.42×

Low financial leverage reduces risk of distress

Current ratio above 1

1.12×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$63M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

6.26%

Stock must distribute income to shareholders

Financials

Revenue & Results

Key Statistics

Market Cap$18.24B
P/E Ratio22.09
Forward P/E13.66
P/B Ratio-
PEG Ratio2.35

Earnings

Next Earnings

Nov 4, 2026

50

days

EPS (TTM)

$1.17

P/E (TTM)

22.1

Fwd P/E

13.7

SEC Filings & Reported Financials

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Insider Transactions

SEC Form 4 · officers, directors & 10% owners

Dividends & Income

Dividends

Current DY

6.26%

5Y Avg Annual

$1.1904

Last Payment

$0.4180

Ex-Date

07/31/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest07/31/2026
08/14/2026$0.41806.47%
05/01/2026
05/15/2026$0.41806.47%
01/30/2026
02/13/2026$0.41806.47%
10/31/2025
11/14/2025$0.38005.88%
07/31/2025
08/14/2025$0.38005.88%
05/01/2025
05/15/2025$0.38005.88%
01/31/2025
02/14/2025$0.38005.88%
10/31/2024
11/14/2024$0.31804.92%

Magic Number

Shares needed to self-fund your next purchase

$25.85

Price

÷

$0.4180

Last div. (quarterly)

=

62

shares

Own 62 PAA shares ($1,602.70) and each quarterly dividend pays for 1 new share - the snowball runs on its own.

Investment target

$1,602.70

New shares / year

+4 shares

Dividend Calculator

6.31% yield

Estimate PAA dividend income at the current rate.

$

Per year

$630.56

Per month

$52.55

386.8 shares at $1.63/share a year. Estimate only - dividends can be cut or raised.

Tools & Simulators

PAA vs Peers, Indexes & Commodities

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Click a card below to plot it on the chart

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If you had invested
$
you would have:

Parameters

$
$
%

Final value

$426,404.61

Total invested

$130,000.00

Total interest

$296,404.61

Balance over time

Final balanceInvested
Invested - 30.5%Interest earned - 69.5%

Period breakdown

PeriodBalanceInvestedInterest
Start$10,000.00$10,000.00$0.00
Year 1$17,270.27$16,000.00$1,270.27
Year 2$25,267.56$22,000.00$3,267.56
Year 3$34,064.59$28,000.00$6,064.59
Year 4$43,741.32$34,000.00$9,741.32
Year 5$54,385.72$40,000.00$14,385.72
Year 6$66,094.55$46,000.00$20,094.55
Year 7$78,974.28$52,000.00$26,974.28
Year 8$93,141.97$58,000.00$35,141.97
Year 9$108,726.44$64,000.00$44,726.44
Year 10$125,869.35$70,000.00$55,869.35
Year 11$144,726.56$76,000.00$68,726.56
Year 12$165,469.48$82,000.00$83,469.48
Year 13$188,286.70$88,000.00$100,286.70
Year 14$213,385.63$94,000.00$119,385.63
Year 15$240,994.47$100,000.00$140,994.47
Year 16$271,364.18$106,000.00$165,364.18
Year 17$304,770.87$112,000.00$192,770.87
Year 18$341,518.22$118,000.00$223,518.22
Year 19$381,940.31$124,000.00$257,940.31
Year 20$426,404.61$130,000.00$296,404.61

What is compound interest?

Compound interest means that the interest you earn in one period is added to your principal, so in the next period you earn interest on a larger base. This creates exponential growth: the longer your time horizon, the more dramatic the effect.

Which rate should I use?

The S&P 500 has historically returned ~10%/year before inflation over long periods - use this for an all-equity US index fund scenario. A balanced growth portfolio (stocks + bonds) is closer to 7%. High-yield savings accounts (HYSA) are currently paying around 4-5% with FDIC insurance and zero market risk. Bonds historically return ~4% annualized.

Formula used

FV = PV × (1+r)^n + PMT × ((1+r)^n − 1) / rwhere r is the monthly rate, n is the number of months, PV is the initial investment, and PMT is the monthly contribution. Annual rates are converted to monthly viar = (1 + annual%)^(1/12) − 1.

For educational purposes only. Not financial advice. Past returns do not guarantee future results.

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About Plains All American Pipeline, L.P.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

Sector

Energy

Industry

Oil & Gas Midstream

Location

Houston, United States

Employees

3,900

Listed on NasdaqGS

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Plains All American Pipeline, L.P. (PAA) stock trades at $25.85, down 0.96% on the day. With a market capitalization of $18.24 billion, PAA is a large-cap energy stock. It trades at a price-to-earnings (P/E) ratio of 22.1, a forward P/E of 13.7 and earnings per share (EPS) of $1.17. Over the most recent period the company reported 66% year-over-year revenue growth and a net profit margin of 5.3%. Below you'll find PAA's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.

PAA - Frequently Asked Questions

Is Plains All American Pipeline, L.P. (PAA) a good stock to buy in 2026?

Plains All American Pipeline, L.P. (PAA) shows strengths such as revenue growth of 66%, while risks include high leverage (debt/equity of 60.4). Whether PAA is a good buy in 2026 depends on your time horizon and risk tolerance - review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.

What is PAA's stock price today?

Plains All American Pipeline, L.P. (PAA) trades at $25.85, down 0.96% on the session. Prices on this page update throughout the trading day.

Does PAA pay a dividend?

Yes. Plains All American Pipeline, L.P. pays an annual dividend of $1.63 per share, a dividend yield of 6.26%. The most recent ex-dividend date was July 31, 2026. Its payout ratio is about 136% of earnings.

Is PAA overvalued?

With a P/E ratio of 22.1×, PAA trades at a roughly market-average valuation for the energy sector. Its PEG ratio is 2.35. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.

What is PAA's market cap?

Plains All American Pipeline, L.P. (PAA) has a market capitalization of $18.24 billion, classifying it as a large-cap stock in the Energy sector.

Disclaimer: This page - including any buy/hold/avoid view, fair value or price estimate - is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.