Reported Earlier, Plains All American Prices $650M 5.700% Senior Notes Due 2034 Offering To Refinance Upcoming Debt

6/18/24 5:26:26 AM ET

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Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it and PAA Finance Corp., a wholly-owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the "Offering") of $650 million aggregate principal amount of 5.700% senior unsecured notes (the "Notes") due 2034 at a price to the public of 99.953% of their face value. The Offering is expected to close on June 27, 2024, subject to the satisfaction of customary closing condit

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Recent Analyst Ratings for
$PAA

Date	Price Target	Rating	Analyst
10/25/2024	$22.00 → $19.00	Overweight → Equal-Weight	Morgan Stanley
10/17/2024	$18.00	Neutral	BofA Securities
4/8/2024	$23.00	Sector Outperform	Scotiabank
10/6/2023	$13.50	Sell	Goldman
9/25/2023	$15.00	Equal Weight → Underweight	Barclays
9/6/2023	$14.00 → $15.50	Buy → Neutral	Citigroup
4/21/2023	$16.00 → $17.00	Outperform → Strong Buy	Raymond James
2/7/2023		Outperform → Mkt Perform	Bernstein

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Plains All American Announces Officer Appointments
HOUSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced the appointment of Blake Fernandez as Vice President, Investor Relations. Roy Lamoreaux, who served previously as Vice President, Investor Relations, Communications and Government Relations has assumed the role of Vice President, Communications, Sustainability and Public Affairs. Fernandez and Lamoreaux report to Chris Herbold, Sr. VP Finance and Chief Accounting Officer, who in addition to overseeing these functions and all Accounting activities, also has responsibility for Equity Capital Markets, Tax and Commodity Risk Management. "Blake brings
1/4/23 4:15:00 PM ET
$PAA
$PAGP
Natural Gas Distribution
Energy
Plains All American Pipeline, L.P. and Plains GP Holdings Announce Appointment of New Board Member
HOUSTON, July 27, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced that Ellen R. DeSanctis has been appointed, effective August 15, 2022, as an independent member of the Board of Directors of PAA GP Holdings LLC ("GP Holdings") serving in Class I. She will also serve as a member of the Audit Committee and Health, Safety, Environmental and Sustainability Committee. The GP Holdings Board has responsibility for managing the business and affairs of PAA and PAGP. "We are pleased to welcome Ellen to our Board," said CEO Willie Chiang. "With over 40 years of experience in the upstream energy sector, Ellen has a wealth
7/27/22 4:45:16 PM ET
$PAA
Natural Gas Distribution
Energy
Alexandra Pruner Joins Malta Inc.'s Female Team Leading Energy Transition
Strategic Step to Catalyze Long-Duration Energy Storage Sector Malta Inc., a leading innovator of grid-scale, long-duration energy storage (LDES), announced today the appointment of energy and finance veteran Alexandra ("Alie") Pruner to the position of Board Chair. This appointment makes Malta Inc. the only LDES company with women serving at the highest leadership levels of CEO and Board Chair. Pruner joins Malta with a wealth of experience in both the energy and finance fields. She currently serves as an independent director on the boards of NRG Energy, Inc. (NYSE:NRG) and Plains All American (NASDAQ:PAA, PAGP))) and as the Board Chair of Encino Acquisition Partners. A founding partner
4/20/22 12:32:00 PM ET
$NRG
$PAA
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Plains All American Reports Third-Quarter 2024 Results
HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today reported third-quarter 2024 results. Third-Quarter Results Reported net income attributable to PAA of $220 million and net cash provided by operating activities of $692 millionDelivered solid Adjusted EBITDA attributable to PAA of $659 millionProgressed our efficient growth strategy with a small bolt-on acquisition of a Permian gathering systemExited the quarter with 3.0x leverage ratio, below our target range of 3.25x – 3.75xReceived Moody's upgrade from Baa3 to Baa2 with stable outlook; now mid-BBB at all three credit rating agenciesResolved remainin
11/8/24 7:30:56 AM ET
$PAA
$PAGP
Natural Gas Distribution
Energy
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Third Quarter 2024 Earnings
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the third quarter of 2024 and also announced timing of third quarter 2024 earnings. Third Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in August 2024.PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in August 2024.PAA Series
10/2/24 4:30:17 PM ET
$PAA
$PAGP
Natural Gas Distribution
Energy
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second-Quarter 2024 Earnings
HOUSTON, July 03, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the second quarter of 2024 and also announced timing of second quarter 2024 earnings. Second Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in May 2024.PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in May 2024.PAA Series A
7/3/24 3:00:59 PM ET
$PAA
$PAGP
Natural Gas Distribution
Energy

Plains All American Reports Third-Quarter 2024 Results
HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today reported third-quarter 2024 results. Third-Quarter Results Reported net income attributable to PAA of $220 million and net cash provided by operating activities of $692 millionDelivered solid Adjusted EBITDA attributable to PAA of $659 millionProgressed our efficient growth strategy with a small bolt-on acquisition of a Permian gathering systemExited the quarter with 3.0x leverage ratio, below our target range of 3.25x – 3.75xReceived Moody's upgrade from Baa3 to Baa2 with stable outlook; now mid-BBB at all three credit rating agenciesResolved remainin
11/8/24 7:30:56 AM ET
$PAA
$PAGP
Natural Gas Distribution
Energy
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Third Quarter 2024 Earnings
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the third quarter of 2024 and also announced timing of third quarter 2024 earnings. Third Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions: PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in August 2024.PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in August 2024.PAA Series
10/2/24 4:30:17 PM ET
$PAA
$PAGP
Natural Gas Distribution
Energy
Plains All American Releases 2023 Sustainability Report
HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced that the company's 2023 Sustainability Report Update is now available and can be accessed on the company's website at plains.com/sustainability. The update is also accessible directly at this link. About Plains PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other in
8/6/24 8:00:27 AM ET
$PAA
$PAGP
Natural Gas Distribution
Energy

Reported Earlier, Plains All American Prices $650M 5.700% Senior Notes Due 2034 Offering To Refinance Upcoming Debt

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Unveiling 9 Analyst Insights On Plains All American

UBS Maintains Buy on Plains All American, Raises Price Target to $22