From Barchart: 2025-05-09 06:00:00

Plains All American Pipeline, L.P. (NASDAQ:PAA) is a major player in the midstream energy sector, with a market capitalization of $11.92 billion. Analyst Theresa Chen set a price target of $18 for PAA, anticipating a 6.26% increase. The company is expected to report earnings of 45 cents per share and revenue of $14 billion, reflecting strong growth.

PAA shares closed at $16.94, up 1.4%, ahead of the earnings release. The stock price fluctuated between $16.83 and $17.24, showing volatility. Despite this, PAA has a 52-week range of $15.58 to $21. President Harry Pefanis will retire on June 1, potentially impacting the company’s direction.

The leadership change at Plains All American Pipeline comes amidst positive analyst outlook. With strong financial performance and promising future prospects, PAA remains a key player in the industry. Analysts like Theresa Chen project growth for the company, indicating a positive outlook despite the upcoming leadership change.



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