Plains All American Pipeline (NYSE:PAA) will release its earnings data after the market closes on Tuesday, August 4th. Analysts expect Plains All American Pipeline to post earnings of $0.27 per share for the quarter. Plains All American Pipeline has set its FY 2020
After-Hours guidance at 1.44-1.44 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

Plains All American Pipeline (NYSE:PAA) last posted its quarterly earnings data on Tuesday, May 5th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.07. The firm had revenue of $8.27 billion for the quarter, compared to the consensus estimate of $8.83 billion. Plains All American Pipeline had a positive return on equity of 19.57% and a negative net margin of 4.90%. On average, analysts expect Plains All American Pipeline to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE PAA opened at $7.64 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market cap of $5.56 billion, a P/E ratio of -3.01 and a beta of 2.37. The stock has a 50-day moving average of $8.64 and a two-hundred day moving average of $10.41. Plains All American Pipeline has a 1-year low of $3.00 and a 1-year high of $24.03.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 9.42%. The ex-dividend date of this dividend is Thursday, July 30th. Plains All American Pipeline’s payout ratio is 28.69%.

Several brokerages have commented on PAA. Morgan Stanley raised their price target on shares of Plains All American Pipeline from $6.00 to $7.00 and gave the company an “underweight” rating in a research report on Monday, June 1st. SunTrust Banks cut their price target on Plains All American Pipeline from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Royal Bank of Canada decreased their price objective on Plains All American Pipeline from $11.00 to $8.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 14th. ValuEngine upgraded shares of Plains All American Pipeline from a “sell” rating to a “hold” rating in a report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. dropped their target price on Plains All American Pipeline from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $15.22.

About Plains All American Pipeline

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), and natural gas in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics.

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Earnings History for Plains All American Pipeline (NYSE:PAA)

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