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Plains All American Pipeline, L (PAA) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Energy · Oil & Gas Midstream

Earnings in 7 days (2026-05-08). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Engine safety override at $22.94: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Below-average business quality.

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 (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL.... Read more

$22.94-1.9% A.UpsideScore 5.0/10#35 of 41 Oil & Gas Midstream
Stop $22.12Target $22.52(resistance)A.R:R -1.2:1
Analyst target$22.56-1.7%18 analysts
$22.52our TP
$22.94price
$22.56mean
$18
$26

Sell if holding. Engine safety override at $22.94: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Below-average business quality. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.0/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 7d<=7d. Suitability: moderate.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Commodity: crude oil
Target reached (-11.5% upside)
Quality below floor (2.9 < 4.0)

Key Metrics

P/E (TTM)20.2
P/E (Fwd)13.3
Mkt Cap$16.0B
EV/EBITDA13.8
Profit Mgn3.2%
ROE10.6%
Rev Growth-12.2%
Beta0.49
Dividend7.04%
Rating analysts24

Quality Signals

Piotroski F4/9

Options Flow

P/C0.99neutral
IV71%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCommoditycrude oil
    10-K Item 1A: 'Our profitability depends on the volume of crude oil, natural gas and NGL shipped, processed, purchased, stored, fractionated and/or gathered at or through the use of our pipelines and facilities'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Operating Margin
1.4
Net Margin
1.6
Roa
2.0
Roe
3.5
Current Ratio
3.8
Fcf Quality
4.2
Piotroski F
4.4
Moat
5.0
Earnings quality warning: 53% FCF/NINo competitive moatQuality concerns

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
0.2
52w Position
10.0

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.5
Quality Rank
2.4
Value Rank
6.5
GatesA.R:R -1.2=NEGATIVEEARNINGS PROXIMITY 7d<=7dMomentum 6.5>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Moderate
RSI
71 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $20.79Resistance $22.98

Price Targets

$22
$23
A.Upside-1.8%
A.R:R-1.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-11.5% upside)
! Quality below floor (2.9 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-08 (7d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PAA stock a buy right now?

Sell if holding. Engine safety override at $22.94: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Below-average business quality. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $22.12. Score 5.0/10, moderate confidence.

What is the PAA stock price target?

Take-profit target: $22.52 (-1.9% upside). Prior stop was $22.12. Stop-loss: $22.12.

What are the risks of investing in PAA?

Concentration risk — Commodity: crude oil; Target reached (-11.5% upside); Quality below floor (2.9 < 4.0).

Is PAA overvalued or undervalued?

Plains All American Pipeline, L trades at a P/E of 20.2 (forward 13.3). TrendMatrix value score: 7.0/10. Verdict: Sell.

What do analysts say about PAA?

24 analysts cover PAA with a consensus score of 3.5/5. Average price target: $23.

What does Plains All American Pipeline, L do?Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling,...

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 (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

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