PAA — Plains All American Pipeline LP

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Plains All American Pipeline LP

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$23.56
Market Cap$16.71B
Float465.0M
Shares Outstanding705.5M
P/E (Forward)12.87
P/E (TTM)21.33
Price/Sales (TTM)0.37
vs. Analyst Target-2.4% to analyst PT
Profit Margin2.53%
Operating Margin (TTM)2.82%
Revenue (TTM)$45.26B
Earnings Growth (YoY)-70.90%
Dividend Rate1.6%
Analyst Target Price$23.00 (16 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $23.29B -$2.59B $1.13B -$1.51B
2021 $42.08B $593M $1.74B $1.92B
2022 $57.34B $1.04B $1.89B $2.79B
2023 $48.71B $1.23B $2.76B $3.06B
2024 $50.07B $772M $1.72B $2.74B
2025 $44.26B $1.44B $2.67B $2.91B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $10.64B $210M
Sep 2025 $11.58B $441M
Dec 2025 $10.56B $342M
Mar 2026 $12.38B $152M

Ownership & Float

Insider Ownership34.1%
Institutional Ownership40.9%
Short Float4.9%
% of All Funds Holding4.70%
Number of Funds Holding386

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$22.36Near-term / short-term trend
Weekly40-Week SMA$19.31Medium-term trend
Weekly80-Week SMA$18.83Cyclical trend (business cycle)
Weekly200-Week SMA$16.42Secular trend (multi-year)
Monthly10-Month SMA$19.59Near-term monthly trend
Monthly20-Month SMA$18.93Medium-term monthly trend
Monthly40-Month SMA$17.27Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$21.20 support 1.37x 1 months ago
$18.00 support 1.19x 3 months ago
$16.30 support 1.31x 17 months ago

Historical Earnings Reactions (108 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.34% 0.00% 46.30% 6.25% -13.53%
1 Day -0.42% 0.23% 53.70% 9.10% -19.37%
1 Week 0.13% 0.19% 51.85% 16.44% -20.00%
2 Weeks 0.42% 0.37% 54.63% 28.62% -34.12%
1 Month 0.40% -0.51% 46.73% 48.92% -53.22%

Next earnings: July 27, 2026 (60 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan4.0%71.4%28
Feb1.3%75.0%28
Mar-0.6%57.1%28
Apr4.5%71.4%28
May1.3%55.6%27
Jun1.2%59.3%27
Jul1.3%59.3%27
Aug-1.9%37.0%27
Sep-2.7%37.0%27
Oct-0.2%44.4%27
Nov-0.7%55.6%27
Dec0.4%53.6%28

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.04% 50.1% 1298
Tuesday 0.03% 50.5% 1420
Wednesday 0.01% 50.0% 1420
Thursday 0.09% 52.0% 1393
Friday 0.10% 52.8% 1387

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 40.9%

Insider Transactions — Smart Summary

Total insider ownership: 34.1%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Plains All American Pipeline LP (PAA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for PAA on Trend Edge →