PAA dividend yield – Compare Dividend Yields: Enterprise Products Partners vs Plains All American Pipeline

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When looking for dividend-paying stocks, investors often compare yields between companies to help make a decision. Two of the top dividend options in the energy sector are Enterprise Products Partners and Plains All American ($NASDAQ:PAA) Pipeline, both of which offer a 7% dividend yield. When deciding which company to invest in, it’s important to understand some basics about Plains All American Pipeline. Plains All American Pipeline is a publicly traded energy company based in Houston, Texas. Their operations are mainly focused on the transportation, storage and wholesale marketing of crude oil, natural gas liquids (NGLs) and refined products. In addition to being one of the top dividend-payers in the energy sector, Plains All American is also widely seen as a reliable stock with considerable upside potential. This means that investors who buy into Plains All American can expect both a steady income from the dividend yield as well as potential price appreciation over the long term. When comparing dividend yields between Enterprise Products Partners and Plains All American Pipeline, both offer a 7% yield.

However, investors should consider other factors when making an investment decision such as current market conditions, company fundamentals, and long-term growth potential.

Dividends – PAA dividend yield

Over the last three years, Plains All American Pipeline has issued an annual dividend per share of 0.92 USD, 0.83 USD, and 0.72 USD, respectively. This has resulted in dividend yields from 2021 to 2023 of 8.44%, 7.96%, and 7.22%, with an average dividend yield of 7.87%. If you are in the market for a dividend-paying stock, Plains All American Pipeline is definitely worth adding to your list of consideration.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for PAA. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for PAA. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for PAA. More…

Key Ratios Snapshot

Some of the financial key ratios for PAA are shown below. More…

Market Price

Plains All American Pipeline (PLAINS) has experienced significant changes in its stock price over the last few weeks. On Monday, PLAINS opened at $13.3 and closed at $13.2, representing a decrease of 1.4% from the previous day’s closing price of $13.4. It is important to consider current and historic dividend yields to determine whether or not this stock is a good investment.

As such, it is beneficial to compare PLAINS’ dividend yield to that of Enterprise Products Partners (EPD), a major energy infrastructure company operating in the US. Given the recent decline in PLAINS’ stock price, it is important to consider its current dividend yield as well as other factors when determining investment potential. Live Quote…

Analysis – PAA Intrinsic Stock Value

At GoodWhale, we have conducted a financial analysis of PLAINS ALL AMERICAN PIPELINE. Our proprietary Valuation Line indicates that the fair value of PLAINS ALL AMERICAN PIPELINE share is around $15.0. Currently, PLAINS ALL AMERICAN PIPELINE stock is trading at $13.2, which is a fair price 11.8% below its fair value. Therefore, PLAINS ALL AMERICAN PIPELINE is currently undervalued, making it an attractive option for investors looking to get great value for their money. More…

Peers

Plains All American Pipeline LP, Plains GP Holdings LP, MPLX LP, and Valero Energy Corp are all leading companies in the oil and gas industry. They are all engaged in the transportation, storage, and marketing of crude oil and refined petroleum products. These companies have a significant impact on the global energy market.

– Plains GP Holdings LP ($NASDAQ:PAGP)

Plains GP Holdings LP is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for the crude oil, natural gas, and natural gas liquids industries in the United States and Canada. The company’s market cap is $2.37B as of 2022 and its ROE is 79.65%. The company is headquartered in Houston, Texas.

– MPLX LP ($NYSE:MPLX)

MPLX LP is a publicly traded master limited partnership that owns and operates a diversified portfolio of midstream energy assets. The company’s assets include crude oil and refined products pipelines, storage facilities, and terminals. MPLX LP is headquartered in Findlay, Ohio.

MPLX LP has a market cap of $32.72 billion as of 2022. The company has a return on equity of 20.4%. MPLX LP’s assets include crude oil and refined products pipelines, storage facilities, and terminals. The company is headquartered in Findlay, Ohio.

– Valero Energy Corp ($NYSE:VLO)

Valero Energy Corp is a publicly traded company with a market capitalization of $49.03 billion as of 2022. The company is engaged in the business of refining and marketing petroleum products and related services. Valero Energy Corp has a return on equity of 30.7%.

Summary

Plains All American Pipeline, L.P. (PAA) is an integrated midstream energy company with a focus on the processing, transportation, storage, and marketing of petroleum products and services. It operates in the US and Canada and has a wide and diverse asset base of pipelines, storage facilities, terminals, and gathering systems. Its current dividend yield of 7% is attractive for investors looking for steady income.

In addition, PAA has been able to consistently increase its dividends over the past few years and it has a solid balance sheet with a healthy debt-to-equity ratio. Furthermore, the company has a strong operating cash flow that provides it with ample liquidity for future growth. Investors should also note that PAA has been able to maintain steady throughput and an efficient operating structure that have allowed it to remain profitable even during times of market volatility.