PAA Stock Intrinsic Value – Cetera Advisor Networks LLC Increases Investment in Plains All American Pipeline, L.P.
November 28, 2023
🌥️Trending News
Cetera Advisor Networks LLC recently increased its investment in Plains All American ($NASDAQ:PAA) Pipeline, L.P. (PLAINS ALL AMERICAN PIPELINE). As a result of this growth, PLAINS ALL AMERICAN PIPELINE’s stock position has seen significant improvement. Plains All American Pipeline, L.P. is a publicly traded partnership that engages in the transportation, storage, terminalling and marketing of crude oil and refined petroleum products in the United States.
In addition to these activities, PLAINS ALL AMERICAN PIPELINE also engages in natural gas gathering, treating, processing and transmission activities. With the recent growth from Cetera Advisor Networks LLC, PLAINS ALL AMERICAN PIPELINE is expected to continue to expand their network and increase their position in the market.
Share Price
Shares of PLAINS opened at $15.6 and closed at $15.4, down by 1.0% from its last closing price of 15.6. This announcement was seen by many as a sign of confidence in the company’s future prospects, and the stock has been on an upward trend since news of the increased investment broke. The company has continued to expand its operations in recent years, resulting in a larger presence in the oil and gas transportation industry.
The company’s efforts to focus on safety and reliability have been praised by industry professionals and investors alike, as well as increasing shareholder value over the long-term. While there is still uncertainty in the market, sustained investments by large institutional investors suggest a bright future for the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PAA. More…
| Total Revenues | Net Income | Net Margin |
| 48.97k | 938 | 2.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PAA. More…
| Operations | Investing | Financing |
| 2.05k | -679 | -1.73k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PAA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 27.73k | 14.18k | 14.67 |
Key Ratios Snapshot
Some of the financial key ratios for PAA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.7% | 0.8% | 3.9% |
| FCF Margin | ROE | ROA |
| 3.9% | 11.5% | 4.3% |
Analysis – PAA Stock Intrinsic Value
At GoodWhale, we take a deep dive into PLAINS ALL AMERICAN PIPELINE’s fundamentals to provide you with insightful analysis. Our proprietary Valuation Line has calculated PLAINS ALL AMERICAN PIPELINE’s intrinsic value to be around $15.0. However, the current market price of PLAINS ALL AMERICAN PIPELINE stock is $15.4, which is slightly overvalued by 2.8%. More…
Peers
Plains All American Pipeline LP, Plains GP Holdings LP, MPLX LP, and Valero Energy Corp are all leading companies in the oil and gas industry. They are all engaged in the transportation, storage, and marketing of crude oil and refined petroleum products. These companies have a significant impact on the global energy market.
– Plains GP Holdings LP ($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
Cetera Advisor Networks LLC recently increased its stock position in Plains All American Pipeline, L.P. (PLAINS). This investment firm believes that PLAINS has the potential to offer an attractive return on its investment. PLAINS has a diversified portfolio of midstream energy assets consisting of transportation, storage, gathering, and processing assets, as well as crude oil and natural gas liquids marketing activities. This provides a steady and reliable source of cash flow for shareholders. The company is also investing in a variety of growth projects, which should add to its returns in the future.
Additionally, the company is paying regular dividends to shareholders, providing steady income. As such, this investment firm believes this company is a good opportunity for investors to capitalize on the potential long-term returns.
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