EPS for Plains All American Pipeline, L.P. (PAA) Expected At $0.43

January 22, 2018 - By Hazel Jackson

 EPS for Plains All American Pipeline, L.P. (PAA) Expected At $0.43
Investors sentiment decreased to 0.63 in Q3 2017. Its down 0.42, from 1.05 in 2017Q2. It fall, as 62 investors sold Plains All American Pipeline, L.P. shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported.
Qcm Cayman Limited stated it has 0.6% in Plains All American Pipeline, L.P. (NYSE:PAA). Fire Group Inc Incorporated holds 6,000 shares. Parkside National Bank & Trust And Tru owns 52,913 shares for 0.44% of their portfolio. Adell Harriman And Carpenter Incorporated reported 12,265 shares stake. Bollard Grp Llc holds 0.34% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 301,320 shares. Heronetta Management L P has 300,800 shares. Sei Invests owns 1,269 shares. Diversified Trust stated it has 100,908 shares or 0.16% of all its holdings. Avalon Advsr Ltd owns 50,867 shares. Moreover, Massachusetts Financial Service Ma has 0.02% invested in Plains All American Pipeline, L.P. (NYSE:PAA). Morgan Stanley holds 0.06% or 8.67 million shares. Hite Hedge Asset Management Llc reported 0.7% in Plains All American Pipeline, L.P. (NYSE:PAA). Cohen And Steers Inc reported 0.05% stake. Spirit Of America Management Corp Ny owns 313,349 shares. Tiaa Cref Inv Mgmt Ltd Liability Corp has 0.05% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 3.74M shares.

Analysts expect Plains All American Pipeline, L.P. (NYSE:PAA) to report $0.43 EPS on February, 6.They anticipate $0.29 EPS change or 207.14 % from last quarter’s $0.14 EPS. PAA’s profit would be $311.82 million giving it 13.08 P/E if the $0.43 EPS is correct. After having $0.21 EPS previously, Plains All American Pipeline, L.P.’s analysts see 104.76 % EPS growth. The stock decreased 0.40% or $0.09 during the last trading session, reaching $22.49. About 2.10M shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since January 22, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Plains All American Pipeline, L.P. (NYSE:PAA) Ratings Coverage

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. Plains All American Pipeline LP had 100 analyst reports since August 6, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $21.0 target in Friday, November 3 report. On Wednesday, January 17 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, January 4. The firm has “Buy” rating given on Monday, October 16 by Jefferies. The company was downgraded on Thursday, August 6 by UBS. The firm has “Hold” rating given on Thursday, September 28 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, November 5. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, May 31. The firm has “Neutral” rating by Bank of America given on Monday, August 28. On Thursday, November 5 the stock rating was maintained by Oppenheimer with “Outperform”.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids , natural gas, and refined products in the United States and Canada. The company has market cap of $16.31 billion. The Company’s Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. It has a 24.85 P/E ratio. As of December 31, 2016, this segment owned and leased 19,200 miles of active crude oil and NGL pipelines and gathering systems; 31 million barrels of active and above-ground tank capacity; 810 trailers; 120 transport and storage barges; and 60 transport tugs.

More news for Plains All American Pipeline, L.P. (NYSE:PAA) were recently published by: Bizjournals.com, which released: “Plains All American takes next step in succession plan” on January 10, 2018. Businesswire.com‘s article titled: “Plains All American Pipeline, LP and Plains GP Holdings Announce Distributions” and published on January 08, 2018 is yet another important article.

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