Plains All Financials

PAA Stock  USD 18.09  0.42  2.38%   
Based on the analysis of Plains All's profitability, liquidity, and operating efficiency, Plains All American may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At present, Plains All's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 472.5 M, whereas Total Assets are forecasted to decline to about 15.6 B. Key indicators impacting Plains All's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income984.4 M1.5 B
Way Down
Pretty Stable
Current Ratio1.080.982
Significantly Up
Pretty Stable
The essential information of the day-to-day investment outlook for Plains All includes many different criteria found on its balance sheet. An individual investor should monitor Plains All's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Plains All.

Net Income

1.29 Billion

  
Understanding current and past Plains All Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Plains All's financial statements are interrelated, with each one affecting the others. For example, an increase in Plains All's assets may result in an increase in income on the income statement.
Please note, the presentation of Plains All's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Plains All's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Plains All's management manipulating its earnings.

Plains All Stock Summary

Plains All competes with Genesis Energy, Western Midstream, Hess Midstream, Enterprise Products, and Energy Transfer. 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 in the United States and Canada. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P. Plains All operates under Oil Gas Midstream classification in the United States and is traded on NASDAQ Exchange. It employs 4100 people.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7265031051
CUSIP726503105
LocationTexas; U.S.A
Business Address333 Clay Street,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.plains.com
Phone713 646 4100
CurrencyUSD - US Dollar

Plains All Key Financial Ratios

Plains All Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets28.7B24.5B28.6B27.9B27.4B15.6B
Other Current Liab827M546M523M688M644M329.3M
Net Debt9.5B9.7B8.3B7.2B7.7B5.5B
Accounts Payable3.7B2.4B4.8B4.0B3.8B2.4B
Cash45M22M449M401M450M472.5M
Net Receivables3.6B2.6B4.7B3.9B3.8B2.3B
Inventory604M647M783M729M548M763.4M
Other Current Assets312M405M5.7B5.0B155M147.3M
Total Liab15.5B14.8B15.8B14.6B13.6B9.2B
Total Current Assets4.6B3.7B6.1B5.4B4.9B3.3B
Short Term Debt504M909M899M1.2B515M764.5M
Common Stock10.8B7.3B7.7B7.8B8.1B4.9B
Other Liab857M807M830M892M1.0B1.1B
Other Assets1.3B2.2B3.5B1.4B1.6B987.4M
Long Term Debt9.2B9.4B8.4B7.3B7.3B5.8B
Intangible Assets707M805M2.0B2.1B1.9B1.2B
Net Tangible Assets10.7B9.7B10.0B11.2B12.9B7.6B
Retained Earnings(11.0B)(15.1B)593M1.6B1.5B1.5B
Long Term Debt Total9.2B9.4B8.4B7.3B8.4B8.5B

Plains All Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense431M425M436M405M386M366.7M
Total Revenue33.7B23.3B42.0B57.3B48.7B27.5B
Gross Profit2.3B1.1B1.7B1.9B1.7B1.2B
Operating Income1.2B3.6B1.3B780M1.5B984.4M
Ebit1.8B(2.2B)1.5B1.6B1.4B790.6M
Ebitda1.8B(1.5B)2.2B2.5B2.4B2.5B
Cost Of Revenue31.4B22.2B40.3B55.5B47.0B26.3B
Income Before Tax2.2B(2.6B)721M1.4B1.6B1.5B
Net Income2.2B(2.6B)593M1.0B1.2B1.3B
Income Tax Expense66M(19M)73M189M121M127.1M
Minority Interest9M10M(55M)(191M)(232M)(220.4M)
Tax Provision66M(19M)73M189M94M94.1M
Net Interest Income(431M)(425M)(436M)(405M)(390M)(409.5M)
Non Recurring28M3.2B592M269M309.4M293.9M

Plains All Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(5M)(304M)(18M)(10M)223M234.2M
Change In Cash16M(22M)393M(52M)49M51.5M
Free Cash Flow1.3B776M1.7B2.0B2.2B2.3B
Depreciation601M653M774M965M1.0B1.1B
Other Non Cash Items(253M)3.7B755M261M234M252.9M
Capital Expenditures1.2B738M336M455M559M723.5M
Net Income2.2B(2.6B)648M1.2B1.2B1.3B
End Period Cash Flow82M60M453M401M450M472.5M
Dividends Paid1.2B853M715M782M989M656.8M
Investments(1.8B)(1.1B)(94M)(526M)(679M)(713.0M)
Change Receivables(1.2B)1.4B(2.2B)649M584.1M613.3M
Net Borrowings91M587M(745M)(750M)(675M)(641.3M)
Change To Netincome61M3.5B803M745M856.8M512.9M

Plains Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Plains All's current stock value. Our valuation model uses many indicators to compare Plains All value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Plains All competition to find correlations between indicators driving Plains All's intrinsic value. More Info.
Plains All American is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Plains All American is roughly  2.77 . At present, Plains All's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Plains All's earnings, one of the primary drivers of an investment's value.

Plains All American Systematic Risk

Plains All's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Plains All volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Plains All American correlated with the market. If Beta is less than 0 Plains All generally moves in the opposite direction as compared to the market. If Plains All Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Plains All American is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Plains All is generally in the same direction as the market. If Beta > 1 Plains All moves generally in the same direction as, but more than the movement of the benchmark.

Plains All Thematic Clasifications

Plains All American is part of several thematic ideas from Power Assets to Transportation. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Plains All Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Plains All's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Plains All growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.51

At present, Plains All's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Plains All November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Plains All help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Plains All American. We use our internally-developed statistical techniques to arrive at the intrinsic value of Plains All American based on widely used predictive technical indicators. In general, we focus on analyzing Plains Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Plains All's daily price indicators and compare them against related drivers.

Complementary Tools for Plains Stock analysis

When running Plains All's price analysis, check to measure Plains All's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains All is operating at the current time. Most of Plains All's value examination focuses on studying past and present price action to predict the probability of Plains All's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains All's price. Additionally, you may evaluate how the addition of Plains All to your portfolios can decrease your overall portfolio volatility.
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