$0.38 EPS Expected for Plains All American Pipeline, L.P. (PAA)

October 16, 2018 - By Hazel Jackson

Investors sentiment increased to 1.03 in Q2 2018. Its up 0.08, from 0.95 in 2018Q1. It improved, as 20 investors sold Plains All American Pipeline, L.P. shares while 94 reduced holdings. 35 funds opened positions while 82 raised stakes. 316.32 million shares or 0.69% less from 318.52 million shares in 2018Q1 were reported.
Us Bancorporation De holds 0% or 55,297 shares. Gsa Cap Prns Limited Liability Partnership stated it has 0.06% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Cap Inv Advsrs holds 43,970 shares or 0.06% of its portfolio. Pnc Financial Gru Incorporated Inc reported 520,619 shares. Security Comml Bank Of Sioux City Iowa Ia has 13,150 shares for 0.29% of their portfolio. Chickasaw Mngmt Ltd Liability Corporation has 3% invested in Plains All American Pipeline, L.P. (NYSE:PAA). Investment House Ltd Liability owns 30,010 shares or 0.08% of their US portfolio. Fort Washington Investment Advsr Oh reported 0.17% in Plains All American Pipeline, L.P. (NYSE:PAA). Bank & Trust Of Mellon Corporation holds 0% or 227,606 shares in its portfolio. Moreover, Alphamark Advisors Limited Com has 0.02% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 2,050 shares. Kayne Anderson Lp holds 10.51 million shares or 3.23% of its portfolio. Alps has invested 4.59% in Plains All American Pipeline, L.P. (NYSE:PAA). Commonwealth Of Pennsylvania Public School Empls Retrmt invested 2.42% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Edgemoor Investment Advisors reported 15,050 shares stake. 22,275 were reported by Narwhal Capital Mgmt.

Since August 29, 2018, it had 0 buys, and 1 sale for $279,063 activity.

Analysts expect Plains All American Pipeline, L.P. (NYSE:PAA) to report $0.38 EPS on November, 5.They anticipate $0.17 EPS change or 80.95 % from last quarter’s $0.21 EPS. PAA’s profit would be $275.72M giving it 16.36 P/E if the $0.38 EPS is correct. After having $0.38 EPS previously, Plains All American Pipeline, L.P.’s analysts see 0.00 % EPS growth. The stock increased 2.85% or $0.69 during the last trading session, reaching $24.87. About 2.62M shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 15.74% since October 17, 2017 and is uptrending. It has outperformed by 0.12% the S&P500.

Plains All American Pipeline, L.P. (NYSE:PAA) Ratings Coverage

Among 7 analysts covering Plains All American (NYSE:PAA), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Plains All American had 9 analyst reports since April 20, 2018 according to SRatingsIntel. The company was maintained on Friday, August 24 by JP Morgan. As per Wednesday, July 18, the company rating was upgraded by Bank of America. On Wednesday, May 9 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Buy” rating given on Monday, September 24 by Stifel Nicolaus. As per Wednesday, April 25, the company rating was downgraded by Jefferies. Morgan Stanley maintained the shares of PAA in report on Friday, June 1 with “Overweight” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, August 8 report.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids , natural gas, and refined products in the United States and Canada. The company has market cap of $18.05 billion. The Company’s Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. It has a 43.86 P/E ratio. As of December 31, 2016, this segment owned and leased 19,200 miles of active crude oil and NGL pipelines and gathering systems; 31 million barrels of active and above-ground tank capacity; 810 trailers; 120 transport and storage barges; and 60 transport tugs.

More recent Plains All American Pipeline, L.P. (NYSE:PAA) news were published by: Seekingalpha.com which released: “Midstream Vs. Upstream: A Tale Of Two Market Reactions To Rising Capex” on October 10, 2018. Also Fool.com published the news titled: “The Oil Market Is Entering a Danger Zone” on October 14, 2018. Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in NiSource, Radian Group, Abraxas Petroleum, Plains All American Pipeline …” with publication date: October 12, 2018 was also an interesting one.

Plains All American Pipeline, L.P. (NYSE:PAA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>