Market Cap
$16.7B
PAA
PLAINS ALL AMERICAN PIPELINE LP
$23.63 ▼ -0.32%
Prev close $23.70Market cap$16.7B
ConsensusHold
12-mo target$26.13 (+10.6%)
▲ Neutral
Analyst conviction 5/10
16 New Institutional Positions9 Institutional Exits Traditional Energy
Snapshot
The big-picture read on PAA right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Buy (50%)
Inst. Holders
50 funds
Inst. Value
$5.2B
Inst. Activity
16 buys / 9 sells
Insider Activity
$0.00 buy / $51.5K sell
Insider Net $
-$51.5K
Social Sentiment
57° Neutral
SEC Reports
5
Press Releases
2
Price chart 30d -8.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 dividend
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Third Quarter 2026 Earnings
HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Pla
Sep 14, 2026 Insider
Sep 11, 2026 SEC RAYMOND JOHN T disposed of 20,376,259 shares
Director @ $28.88 ($588.4M)
Plains All American Pipeline is issuing $1.5 billion in junior subordinated notes (Series A $700M at 6.750% due 2056, Se
424B5 — Impact 6/10
Plains All American Pipeline priced a $1.5B offering of junior subordinated notes (Series A $700M at 6.750%, Series B $8
Impact 6/10
Plains All American Pipeline is issuing two series of junior subordinated notes due 2056 (Series A and Series B) in an u
424B5 — Impact 6/10
Aug 14, 2026 Insider
Chiang Willie CW acquired via exercise 346,357 shares
Chairman & CEO
Aug 14, 2026 Insider
Aug 7, 2026 SEC Chandler Chris R. acquired via exercise 140,691 shares
EVP & COO
Plains All American reported strong Q2 2026 results, with Adjusted EBITDA attributable to PAA of $738 million (up 10% Yo
8-K — Impact 6/10
Analyst ratings buy % +16.3%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
50% rate it Buy or better · 24 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 21, 2026 | UBS | MAINTAIN | Buy | 55% |
| Sep 21, 2026 | Barclays | MAINTAIN | Underweight | 54% |
| Sep 21, 2026 | Mizuho | MAINTAIN | Outperform | 52% |
| Sep 17, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Sep 10, 2026 | Scotiabank | MAINTAIN | Sector Outperform | 56% |
| Sep 3, 2026 | JP Morgan | MAINTAIN | Neutral | 55% |
| Aug 18, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| Aug 17, 2026 | RBC Capital | MAINTAIN | Sector Perform | 55% |
| Jul 16, 2026 | Barclays | MAINTAIN | Underweight | 54% |
| Jul 15, 2026 | Truist Securities | MAINTAIN | Buy | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 4 | 8 | 10 | 2 | 0 | 50% | |
| Aug 1, 2026 | 5 | 7 | 10 | 2 | 0 | 50% | |
| Jul 1, 2026 | 5 | 7 | 10 | 2 | 0 | 50% | |
| Jun 1, 2026 | 5 | 7 | 9 | 3 | 0 | 50% | |
| May 1, 2026 | 4 | 7 | 10 | 3 | 0 | 46% | |
| Apr 1, 2026 | 4 | 7 | 10 | 3 | 0 | 46% | |
| Mar 1, 2026 | 4 | 6 | 10 | 3 | 0 | 43% | |
| Feb 1, 2026 | 4 | 6 | 10 | 3 | 0 | 43% |
Price targets
Where 16 covering analysts think PAA trades over the next 12 months.
$26.13 +10.6% upside Buy
Current$23.63 Low$20.00 Median$26.50 High$30.00 16 analysts
$20.00$30.00
Analyst rating Buy· 2.3/5 as of Oct 2, 2026
Social media sentiment mood +50.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
57°
Neutral
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
5 SEC filing reports analyzed · 4 bullish, 0 bearish, 1 mixed, 0 neutral · avg impact 6.0/10.Plus 2 press releases.
BULLISH424B56/10
Plains All American Pipeline is issuing $1.5 billion in junior subordinated notes (Series A $700M at
Sep 11, 2026
BULLISH424B56/10
Plains All American Pipeline is issuing two series of junior subordinated notes due 2056 (Series A a
Sep 9, 2026
BULLISH8-K6/10
Plains All American reported strong Q2 2026 results, with Adjusted EBITDA attributable to PAA of $73
Aug 7, 2026
BULLISHPRESS-RELEASE6/10
Plains All American Pipeline increased its 2026 growth capital spending guidance from ~$350M to $400
Jun 15, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
dividend
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Third Quarter 2026 Earnings
HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) announced today th
Oct 1, 2026
short_volume
Short Volume: PAA — 62.2% short (0.4M / 0.6M)
Short: 388,262 | Exempt: 130 | TRF Vol: 624,076 | Short Ratio: 62.2% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: PAA — 60.6% short (0.4M / 0.6M)
Short: 373,130 | Exempt: 1,516 | TRF Vol: 616,117 | Short Ratio: 60.6% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
leadership
Plains All American Pipeline and Plains GP Holdings Announce Appointment of New Chief Operating Officer
HOUSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) (collectively, “P
Sep 29, 2026
short_volume
Short Volume: PAA — 70.2% short (0.4M / 0.5M)
Short: 382,286 | Exempt: 5,532 | TRF Vol: 544,598 | Short Ratio: 70.2% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.46 | $0.31–$0.53 | 16.9% | +2.2% | 1↑ 5↓ | $14.8B | 8 |
| Next Q | $0.48 | $0.33–$0.58 | 20.0% | +6.2% | 1↑ 5↓ | $14.7B | 8 |
| Current FY | $1.72 | $1.43–$2.00 | 11.7% | +0.2% | 0↑ 6↓ | $59.6B | 9 |
| Next FY | $1.91 | $1.41–$2.15 | 11.0% | +1.4% | 1↑ 5↓ | $62.2B | 10 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.456 | — |
| 7d ago | $0.458 | -0.002 |
| 30d ago | $0.446 | +0.010 |
| 60d ago | $0.461 | -0.005 |
| 90d ago | $0.475 | -0.019 |
Institutional ownership
Which big funds own PAA (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $5.2B total value (232,685,405 shares) as of 2026-Q2. Top holders: ALPS, Invesco, Blackstone. Net buying activity: 16 institutions added/increased vs 9 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| ALPS ADVISORS INC | 70,510,853 | $1.6B | 30.3% | — |
| Invesco Ltd. | 33,326,777 | $741.9M | 14.3% | — |
| Blackstone Inc. | 20,183,446 | $449.3M | 8.7% | ADD +41.0% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 17,708,480 | $394.2M | 7.6% | — |
| GOLDMAN SACHS GROUP INC | 15,960,527 | $355.3M | 6.9% | — |
| MORGAN STANLEY | 10,887,631 | $242.4M | 4.7% | — |
| UBS Group AG | 10,572,985 | $235.4M | 4.5% | — |
| JPMORGAN CHASE & CO | 4,968,377 | $109.9M | 2.1% | ADD +27.2% |
| BANK OF AMERICA CORP /DE/ | 3,949,624 | $87.9M | 1.7% | — |
| CIBC Bancorp USA Inc. | 3,781,949 | $84.2M | 1.6% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | ADD | 3,906,322 | 4,968,377 | +27.2% | $109.9M |
| BNP PARIBAS FINANCIAL MARKETS | TRIM | 3,335,125 | 2,462,778 | -26.2% | $54.8M |
| BROOKFIELD Corp /ON/ | TRIM | 3,691,435 | 2,422,915 | -34.4% | $53.9M |
| STATE OF WISCONSIN INVESTMENT BOARD | DOUBLED | 785,079 | 1,604,386 | +104.4% | $35.7M |
| CITIGROUP INC | DOUBLED | 464,012 | 1,036,399 | +123.4% | $23.1M |
| Epoch Investment Partners, Inc. | NEW | — | 995,956 | — | $22.2M |
| CITADEL ADVISORS LLC | NEW | — | 987,394 | — | $22.0M |
| NEOS Investment Management LLC | ADD | 575,617 | 774,913 | +34.6% | $17.2M |
| Pathstone Holdings, LLC | DOUBLED | 302,443 | 700,847 | +131.7% | $15.6M |
| Arax Advisory Partners | DOUBLED | 2,960 | 421,993 | +14156.5% | $9.4M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
9 insiders, 24 transactions. Net -$51.5K — $0.00 bought, $51.5K sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | RAYMOND JOHN T | Director | D | 20,376,259 | $28.88 | $588.4M |
| Aug 14, 2026 | Chiang Willie CW | Chairman & CEO | EXERCISE | 346,357 | — | — |
| Aug 14, 2026 | Chandler Chris R. | EVP & COO | EXERCISE | 140,691 | — | — |
| Aug 14, 2026 | Chiang Willie CW | Chairman & CEO | TAX W/H | 136,292 | $23.45 | $3.2M |
| Aug 14, 2026 | Chandler Chris R. | EVP & COO | EXERCISE | 500,000 | — | — |
| Aug 14, 2026 | Goebel Jeremy L. | EVP & CCO | EXERCISE | 140,691 | — | — |
| Aug 14, 2026 | McGee Richard K. | EVP, General Counsel & Sec. | TAX W/H | 42,957 | $23.45 | $1.0M |
| Aug 14, 2026 | Chandler Chris R. | EVP & COO | TAX W/H | 252,112 | $23.45 | $5.9M |
| Aug 14, 2026 | Goebel Jeremy L. | EVP & CCO | EXERCISE | 500,000 | — | — |
| Aug 14, 2026 | Goebel Jeremy L. | EVP & CCO | TAX W/H | 252,112 | $23.45 | $5.9M |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for PAA.
Shares short
18,291,673
Settlement Sep 15, 2026
Change vs prior
+16.1%
Semi-monthly cycle
Days to cover
6.6
At avg daily volume
Of shares outstanding
≈2.6%
Estimate — not % of float
All PAA filing & press-release reports (7)
- 424B5 reportSep 11, 2026
- PRESS-RELEASE reportSep 9, 2026
- 424B5 reportSep 9, 2026
- 8-K reportAug 7, 2026
- PRESS-RELEASE reportJun 15, 2026
- PRESS-RELEASE reportMay 8, 2026
- PRESS-RELEASE reportMay 5, 2026