Plains All American Pipeline LP (PAA) stock
Close on Nov 11, 2026Market cap $17.03BP/E –Yield –
Plains All American Pipeline LP grew revenue 22.2% to $55.90B over the twelve months to Sep 30, 2026. Operating income rose 57.5% to $1.67B, moving the operating margin from 2.3% to 3.0%. Free cash flow was $2.27B, down 0.1% from a year earlier. At the latest close the market valued the company at $17.03B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $17.03B
- P/E ratio
- –
- Price to sales
- 0.30
- Price to book
- –
- Dividend yield
- –
- Free cash flow yield
- 13.35%
Fundamentals
- Revenue
- $55.90B
- Net income
- $2.69B
- Free cash flow
- $2.27B
Trading
- Next earnings
- Feb 5, 2027 (estimated, before the open)
- Previous close
- $23.67
- Open
- $23.79
- Day's range
- $23.58 – $24.14
- Volume
- 1,617,219
- Average volume (20 days)
- 2,872,171
- Beta (5 years)
- 0.49
- 52-week range
- $16.50 – $26.98
- RSI (14 days)
- 39.8
- Volatility (1 year)
- 20.8%
- Relative volume
- 0.63×
- WACC
- 6.5%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | PAA | S&P 500 | Difference | PAA per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +0.7% | -2.4% | +3.2 pts | ||
| 3 months | +5.9% | -1.2% | +7.1 pts | ||
| Year to date | +44.5% | +12.3% | +32.2 pts | ||
| 1 year | +55.2% | +12.4% | +42.8 pts | ||
| 3 years | +99.2% | +78.8% | +20.3 pts | +25.8% | +21.4% |
| 5 years | +231.7% | +75.2% | +156.5 pts | +27.1% | +11.9% |
| 10 years | +67.3% | +311.1% | −243.8 pts | +5.3% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
Free cash flow
Press releases
Releases Plains All American Pipeline LP filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Update
- Update
- Update
About Plains All American Pipeline LP
Pipe Lines (No Natural Gas)
Plains All American Pipeline, L.P. operates as an energy midstream entity organized into two primary operating segments: Crude Oil and Natural Gas Liquids (NGL). Through its network of pipelines, gathering systems, and terminal and storage facilities, the partnership engages in the gathering, transportation, terminalling, storage, fractionation, and processing of energy commodities. Its operations are supported by commercial activities that include crude oil purchases, lease gathering contracts, storage agreements, and power supply arrangements, catering to customers requiring midstream transport and capacity under contractual minimum volume commitments and long-term capacity agreements.
Company profile, executives and historyPlains All American Pipeline LP stock: common questions
What is Plains All American Pipeline LP's stock price?
PAA closed at $24.14 on Nov 11, 2026, up 1.99% on the day. Over the past 52 weeks it traded between $16.50 and $26.98.
What is Plains All American Pipeline LP's market cap?
Plains All American Pipeline LP was worth $17.03B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
How much revenue does Plains All American Pipeline LP make?
Plains All American Pipeline LP reported revenue of $55.90B for the twelve months to Sep 30, 2026, up 22.2% from a year earlier.
Does Plains All American Pipeline LP pay a dividend?
No. Plains All American Pipeline LP has not paid a cash dividend over the last twelve months.
When does Plains All American Pipeline LP report earnings next?
Plains All American Pipeline LP is expected to report Q4 FY2026 results on Feb 5, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has PAA stock performed over the past year?
Including dividends, PAA returned +55.2% over the past year, against +12.4% for the S&P 500.
Who are Plains All American Pipeline LP's competitors?
Companies most similar to Plains All American Pipeline LP by business, industry and size include PAGP, ENB, MPLX, DINO, EPD.
See a number that looks wrong?