FBR Capital Starts Coverage of Plains All American Pipeline with Market Perform Rating, $30 PT (NYSE:PAA)


About 859,125 shares traded hands. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 58.98% since February 8, 2016 and is uptrending. It has outperformed by 42.49% the S&P500.

Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids , natural gas and refined products. The company has a market cap of $11.01 billion. The Firm operates through three divisions: Transportation, Facilities, and Supply and Logistics. It has a 78.97 P/E ratio. The Company’s Transportation segment activities consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges.

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.

Leave a Reply