S&P 500 7,459.94 â–ŧ 73.83 (-0.98%) DOW 52,169.10 â–ŧ 383.87 (-0.73%) NASDAQ 25,535.42 â–ŧ 346.53 (-1.34%) US Markets Closed â€ĸ 01:47 AM ET

PAA

Plains All American Pipeline, L.P.

Price Chart
Latest Quote

$23.35

-0.27 (-1.14%)
Current Price
Previous Close $23.62
Open $23.60
Day High $23.80
Day Low $23.34
Volume 1,433,247
Fetched: 2026-07-16T02:38:46
Stock Information
Quarterly Dividend / Yield $1.63 / 6.91%
Shares Outstanding 705.53M
Quarterly Dividend Yield 6.91%
Quarterly Dividend $1.63
Total Debt $11.58B
Cash Equivalents $171.00M
Revenue $45.26B
Net Income $782.00M
Sector Energy
Industry Oil & Gas Midstream
Market Cap $16.47B
P/E Ratio 21.23
EPS (TTM) $1.10
Exchange NMS
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Recent Price History
Date Close Volume
2026-07-17 $23.87 1,823,600
2026-07-16 $23.75 1,492,500
2026-07-15 $23.35 1,454,800
2026-07-14 $23.62 2,066,800
2026-07-13 $23.54 2,722,700
2026-07-10 $22.89 1,456,700
2026-07-09 $22.83 1,993,700
2026-07-08 $23.13 1,702,500
2026-07-07 $22.68 1,641,900
2026-07-06 $22.27 1,273,900
2026-07-02 $22.51 2,099,300
2026-07-01 $22.24 1,795,500
2026-06-30 $22.26 1,314,000
2026-06-29 $22.12 2,015,900
2026-06-26 $21.85 950,800
2026-06-25 $21.62 1,196,500
2026-06-24 $21.47 2,550,200
2026-06-23 $21.91 1,693,400
2026-06-22 $21.48 2,166,000
2026-06-18 $21.34 8,674,300
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.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $42,540,000,000 $47,534,000,000 $45,931,000,000 $55,456,000,000
Cost Of Revenue $42,540,000,000 $47,534,000,000 $45,931,000,000 $55,456,000,000
Total Revenue $44,262,000,000 $48,889,000,000 $47,336,000,000 $57,342,000,000
Operating Revenue $44,262,000,000 $48,889,000,000 $47,336,000,000 $57,342,000,000
Expenses
Interest Expense $554,000,000 $430,000,000 $386,000,000 $405,000,000
Total Expenses $42,882,000,000 $47,862,000,000 $46,230,000,000 $55,781,000,000
Other Income Expense $467,000,000 $302,000,000 $651,000,000 $261,000,000
Other Non Operating Income Expenses $1,000,000 $4,000,000 $102,000,000 $-219,000,000
Net Non Operating Interest Income Expense $-446,000,000 $-360,000,000 $-386,000,000 $-405,000,000
Interest Expense Non Operating $554,000,000 $430,000,000 $386,000,000 $405,000,000
Operating Expense $342,000,000 $328,000,000 $299,000,000 $325,000,000
General And Administrative Expense $342,000,000 $328,000,000 $299,000,000 $325,000,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $1,009,000,000 $541,000,000 $1,038,000,000 $1,037,000,000
Net Interest Income $-446,000,000 $-360,000,000 $-386,000,000 $-405,000,000
Interest Income $108,000,000 $70,000,000 $27,000,000 -
Normalized Income $925,890,400 $681,217,000 $866,064,000 $970,270,289
Net Income From Continuing And Discontinued Operation $1,392,000,000 $772,000,000 $1,230,000,000 $1,037,000,000
Total Operating Income As Reported $1,434,000,000 $868,000,000 $1,258,000,000 $1,292,000,000
Net Income Common Stockholders $1,169,000,000 $514,000,000 $976,000,000 $831,000,000
Net Income $1,392,000,000 $772,000,000 $1,230,000,000 $1,037,000,000
Net Income Including Noncontrolling Interests $1,769,000,000 $1,113,000,000 $1,502,000,000 $1,228,000,000
Net Income Discontinuous Operations $383,000,000 $231,000,000 $192,000,000 -
Net Income Continuous Operations $1,386,000,000 $882,000,000 $1,310,000,000 $1,228,000,000
Pretax Income $1,401,000,000 $969,000,000 $1,371,000,000 $1,417,000,000
Special Income Charges $54,000,000 $-159,000,000 $152,000,000 $-269,000,000
Earnings From Equity Interest $382,000,000 $452,000,000 $369,000,000 $403,000,000
Interest Income Non Operating $108,000,000 $70,000,000 $27,000,000 -
Operating Income $1,380,000,000 $1,027,000,000 $1,106,000,000 $1,561,000,000
Gross Profit $1,722,000,000 $1,355,000,000 $1,405,000,000 $1,886,000,000
Per Share
Diluted EPS $1.66 $0.73 $1.40 $1.19
Basic EPS $1.66 $0.73 $1.40 $1.19
Other
Tax Effect Of Unusual Items $890,400 $-13,783,000 $8,064,000 $10,270,289
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $2,824,000,000 $2,454,000,000 $2,486,000,000 $2,710,000,000
Total Unusual Items $84,000,000 $-154,000,000 $180,000,000 $77,000,000
Total Unusual Items Excluding Goodwill $84,000,000 $-154,000,000 $180,000,000 $77,000,000
Reconciled Depreciation $953,000,000 $901,000,000 $909,000,000 $965,000,000
EBITDA (Bullshit earnings) $2,908,000,000 $2,300,000,000 $2,666,000,000 $2,787,000,000
EBIT $1,955,000,000 $1,399,000,000 $1,757,000,000 $1,822,000,000
Diluted Average Shares $704,000,000 $702,000,000 $699,000,000 $701,000,000
Basic Average Shares $704,000,000 $702,000,000 $699,000,000 $701,000,000
Diluted NI Availto Com Stockholders $1,169,000,000 $514,000,000 $976,000,000 $831,000,000
Otherunder Preferred Stock Dividend $7,000,000 $5,000,000 $5,000,000 $5,000,000
Preferred Stock Dividends $216,000,000 $253,000,000 $249,000,000 $201,000,000
Minority Interests $-334,000,000 $-341,000,000 $-272,000,000 $-191,000,000
Tax Provision $15,000,000 $87,000,000 $61,000,000 $189,000,000
Gain On Sale Of Ppe $54,000,000 $-159,000,000 $152,000,000 $-269,000,000
Gain On Sale Of Security $30,000,000 $5,000,000 $28,000,000 $346,000,000
Selling General And Administration $342,000,000 $328,000,000 $299,000,000 $325,000,000
Other Gand A $342,000,000 $328,000,000 $299,000,000 $325,000,000
Impairment Of Capital Assets - - - $0
Fetched: 2026-07-14
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $-1,754,000,000 $-1,677,000,000 $-1,875,000,000 $-2,145,000,000
Total Assets $30,169,000,000 $26,562,000,000 $27,355,000,000 $27,892,000,000
Total Non Current Assets $25,436,000,000 $21,760,000,000 $22,442,000,000 $22,537,000,000
Other Non Current Assets $3,778,000,000 $3,637,000,000 $1,652,000,000 $1,709,000,000
Goodwill And Other Intangible Assets $1,754,000,000 $1,677,000,000 $1,875,000,000 $2,145,000,000
Other Intangible Assets $1,754,000,000 $1,677,000,000 $1,875,000,000 $2,145,000,000
Current Assets $4,733,000,000 $4,802,000,000 $4,913,000,000 $5,355,000,000
Other Current Assets $117,000,000 $99,000,000 $155,000,000 $318,000,000
Assets Held For Sale Current $479,000,000 $415,000,000 - -
Inventory $211,000,000 $261,000,000 $548,000,000 $729,000,000
Receivables $3,598,000,000 $3,679,000,000 $3,760,000,000 $3,907,000,000
Accounts Receivable $3,598,000,000 $3,679,000,000 $3,760,000,000 $3,907,000,000
Allowance For Doubtful Accounts Receivable $-7,398,000,000 $-7,582,000,000 $-7,774,000,000 $-7,450,000,000
Gross Accounts Receivable $10,996,000,000 $11,261,000,000 $11,534,000,000 $11,357,000,000
Cash Cash Equivalents And Short Term Investments $328,000,000 $348,000,000 $450,000,000 $401,000,000
Cash And Cash Equivalents $328,000,000 $348,000,000 $450,000,000 $401,000,000
Restricted Cash - - - -
Debt
Net Debt $10,931,000,000 $7,270,000,000 $7,301,000,000 $8,045,000,000
Total Debt $11,461,000,000 $7,810,000,000 $8,025,000,000 $8,754,000,000
Long Term Debt And Capital Lease Obligation $10,898,000,000 $7,403,000,000 $7,579,000,000 $7,595,000,000
Long Term Debt $10,696,000,000 $7,211,000,000 $7,305,000,000 $7,287,000,000
Current Debt And Capital Lease Obligation $563,000,000 $407,000,000 $446,000,000 $1,159,000,000
Current Debt $563,000,000 $407,000,000 $446,000,000 $1,159,000,000
Other Current Borrowings $9,000,000 $14,000,000 $13,000,000 $1,159,000,000
Liabilities
Total Liabilities Net Minority Interest $17,089,000,000 $13,466,000,000 $13,623,000,000 $14,567,000,000
Total Non Current Liabilities Net Minority Interest $12,158,000,000 $8,516,000,000 $8,620,000,000 $8,676,000,000
Other Non Current Liabilities $654,000,000 $537,000,000 $1,041,000,000 $1,081,000,000
Liabilities Heldfor Sale Non Current $606,000,000 $576,000,000 - -
Current Liabilities $4,931,000,000 $4,950,000,000 $5,003,000,000 $5,891,000,000
Other Current Liabilities $911,000,000 $896,000,000 $713,000,000 $688,000,000
Payables And Accrued Expenses $3,457,000,000 $3,647,000,000 $3,844,000,000 $4,044,000,000
Payables $3,457,000,000 $3,647,000,000 $3,844,000,000 $4,044,000,000
Accounts Payable $3,457,000,000 $3,647,000,000 $3,844,000,000 $4,044,000,000
Current Notes Payable - - - $1,100,000,000
Equity
Common Stock Equity $9,836,000,000 $9,813,000,000 $10,422,000,000 $10,057,000,000
Total Equity Gross Minority Interest $13,080,000,000 $13,096,000,000 $13,732,000,000 $13,325,000,000
Stockholders Equity $0 $0 $0 $0
Long Term Equity Investment $2,846,000,000 $2,811,000,000 $2,820,000,000 $3,084,000,000
Other
Ordinary Shares Number $705,520,697 $703,770,300 $701,008,749 $698,354,498
Share Issued $705,520,697 $703,770,300 $701,008,749 $698,354,498
Tangible Book Value $8,082,000,000 $8,136,000,000 $8,547,000,000 $7,912,000,000
Invested Capital $21,095,000,000 $17,431,000,000 $18,173,000,000 $18,503,000,000
Working Capital $-198,000,000 $-148,000,000 $-90,000,000 $-536,000,000
Capital Lease Obligations $202,000,000 $192,000,000 $274,000,000 $308,000,000
Total Capitalization $20,532,000,000 $17,024,000,000 $17,727,000,000 $17,344,000,000
Minority Interest $3,244,000,000 $3,283,000,000 $3,310,000,000 $3,268,000,000
Total Partnership Capital $9,836,000,000 $9,813,000,000 $10,422,000,000 $10,057,000,000
Limited Partnership Capital $9,836,000,000 $9,813,000,000 $10,422,000,000 $10,057,000,000
Long Term Capital Lease Obligation $202,000,000 $192,000,000 $274,000,000 $308,000,000
Commercial Paper $554,000,000 $393,000,000 $433,000,000 $0
Investments And Advances $2,846,000,000 $2,811,000,000 $2,820,000,000 $3,084,000,000
Net PPE $17,058,000,000 $13,635,000,000 $16,095,000,000 $15,599,000,000
Accumulated Depreciation $-5,676,000,000 $-5,082,000,000 $-5,361,000,000 $-4,770,000,000
Gross PPE $22,734,000,000 $18,717,000,000 $21,456,000,000 $20,369,000,000
Construction In Progress $238,000,000 $148,000,000 $257,000,000 $201,000,000
Other Properties $198,000,000 $189,000,000 $819,000,000 $807,000,000
Machinery Furniture Equipment $21,974,000,000 $18,085,000,000 $20,039,000,000 $19,035,000,000
Land And Improvements $324,000,000 $295,000,000 $341,000,000 $326,000,000
Other Inventories $18,000,000 $14,000,000 $11,000,000 $7,000,000
Raw Materials $193,000,000 $247,000,000 $537,000,000 $722,000,000
Current Capital Lease Obligation - - - $71,000,000
Properties - - - $0
Line Of Credit - - - -
Fetched: 2026-07-14
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $2,293,000,000 $2,042,000,000 $2,319,000,000 $1,953,000,000
Operating Activities
Operating Cash Flow $2,936,000,000 $2,490,000,000 $2,727,000,000 $2,408,000,000
Cash From Discontinued Operating Activities $484,000,000 $254,000,000 $475,000,000 -
Cash Flow From Continuing Operating Activities $2,452,000,000 $2,236,000,000 $2,252,000,000 $2,408,000,000
Operating Gains Losses $-454,000,000 $-320,000,000 $-604,000,000 $-285,000,000
Investing Activities
Capital Expenditure $-643,000,000 $-448,000,000 $-408,000,000 $-455,000,000
Investing Cash Flow $-3,769,000,000 $-1,504,000,000 $-702,000,000 $-526,000,000
Cash From Discontinued Investing Activities $-197,000,000 $-170,000,000 $-162,000,000 -
Cash Flow From Continuing Investing Activities $-3,572,000,000 $-1,334,000,000 $-540,000,000 $-526,000,000
Net Other Investing Changes $-276,000,000 $-634,000,000 $326,000,000 $92,000,000
Financing Activities
Repurchase Of Capital Stock $-341,000,000 $0 $0 $-74,000,000
Financing Cash Flow $799,000,000 $-1,077,000,000 $-1,976,000,000 $-1,931,000,000
Cash Flow From Continuing Financing Activities $799,000,000 $-1,077,000,000 $-1,976,000,000 $-1,931,000,000
Net Other Financing Charges $-456,000,000 $-421,000,000 $-320,000,000 $-325,000,000
Cash Dividends Paid $-1,295,000,000 $-1,145,000,000 $-989,000,000 $-782,000,000
Preferred Stock Dividend Paid $-225,000,000 $-254,000,000 $-241,000,000 $-198,000,000
Common Stock Dividend Paid $-1,070,000,000 $-891,000,000 $-748,000,000 $-584,000,000
Net Preferred Stock Issuance $-333,000,000 $0 $0 -
Net Common Stock Issuance $-8,000,000 $0 $0 $-74,000,000
Dividend Received Cfo $486,000,000 $505,000,000 $458,000,000 $488,000,000
Other
Repayment Of Debt $-2,114,000,000 $-750,000,000 $-1,100,000,000 $-750,000,000
Issuance Of Debt $4,428,000,000 $1,279,000,000 $0 $0
Interest Paid Supplemental Data $516,000,000 $381,000,000 $377,000,000 $393,000,000
Income Tax Paid Supplemental Data $98,000,000 $269,000,000 $69,000,000 $112,000,000
End Cash Position $328,000,000 $348,000,000 $450,000,000 $401,000,000
Beginning Cash Position $348,000,000 $450,000,000 $401,000,000 $453,000,000
Effect Of Exchange Rate Changes $14,000,000 $-11,000,000 $0 $-3,000,000
Changes In Cash $-34,000,000 $-91,000,000 $49,000,000 $-49,000,000
Preferred Stock Payments $-333,000,000 $0 $0 -
Common Stock Payments $-8,000,000 $0 $0 $-74,000,000
Net Issuance Payments Of Debt $2,891,000,000 $489,000,000 $-667,000,000 $-750,000,000
Net Short Term Debt Issuance $577,000,000 $-40,000,000 $433,000,000 $0
Net Long Term Debt Issuance $2,314,000,000 $529,000,000 $-1,100,000,000 $-750,000,000
Long Term Debt Payments $-2,114,000,000 $-750,000,000 $-1,100,000,000 $-750,000,000
Long Term Debt Issuance $4,428,000,000 $1,279,000,000 $0 $0
Net Business Purchase And Sale $-2,653,000,000 $-252,000,000 $-458,000,000 $-163,000,000
Purchase Of Business $-2,653,000,000 $-252,000,000 $-458,000,000 $-163,000,000
Net PPE Purchase And Sale $-643,000,000 $-448,000,000 $-408,000,000 $-455,000,000
Purchase Of PPE $-643,000,000 $-448,000,000 $-408,000,000 $-455,000,000
Change In Working Capital $-34,000,000 $139,000,000 $40,000,000 $-191,000,000
Change In Payables And Accrued Expense $-334,000,000 $-57,000,000 $-141,000,000 $-830,000,000
Change In Payable $-334,000,000 $-57,000,000 $-141,000,000 $-830,000,000
Change In Account Payable $-334,000,000 $-57,000,000 $-141,000,000 $-830,000,000
Change In Inventory $96,000,000 $120,000,000 $102,000,000 $-10,000,000
Change In Receivables $204,000,000 $76,000,000 $79,000,000 $649,000,000
Changes In Account Receivables $204,000,000 $76,000,000 $79,000,000 $649,000,000
Other Non Cash Items $-331,000,000 $-157,000,000 $-94,000,000 $58,000,000
Stock Based Compensation $49,000,000 $50,000,000 $50,000,000 $40,000,000
Deferred Tax $14,000,000 $5,000,000 $-9,000,000 $105,000,000
Deferred Income Tax $14,000,000 $5,000,000 $-9,000,000 $105,000,000
Depreciation Amortization Depletion $953,000,000 $901,000,000 $909,000,000 $965,000,000
Depreciation And Amortization $953,000,000 $901,000,000 $909,000,000 $965,000,000
Earnings Losses From Equity Investments $-413,000,000 $-467,000,000 $-397,000,000 $-749,000,000
Net Foreign Currency Exchange Gain Loss $13,000,000 $-12,000,000 $3,000,000 $41,000,000
Net Income From Continuing Operations $1,769,000,000 $1,113,000,000 $1,502,000,000 $1,228,000,000
Gain Loss On Investment Securities - - $-58,000,000 $189,000,000
Asset Impairment Charge - - - $-346,000,000
Fetched: 2026-07-14