PAA
Plains All American Pipeline, L.P.Energy · $16.8B market cap
Verdict
Share price
$23.75
close of Oct 3, 2026
Fair value
$18.10
Sticker Price
Payback Price
$7.24
buy price
PAA is Overpriced: at $23.75 it trades 31% above its fair value of $18.10. Its buy price (Payback Price) is $7.24, 70% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.
How we valued it
Free Cash Flow. Sales grew -8% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.
Business quality
1 of 5 clear the 10% bar. What are the Big Five?
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Since Jun 29, 2026: no open-market purchases, 1 sale worth $51K and 22 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
Other filings
PAA GP Holdings LLC
director · 2026-08-14
Award
59,200 shares
Chiang Willie CW
Chairman & CEO · 2026-08-14
Tax withholding
$3.2M
Chiang Willie CW
Chairman & CEO · 2026-08-14
Option exercise
346,357 shares
Chandler Chris R.
EVP & COO · 2026-08-14
Tax withholding
$5.9M
Chandler Chris R.
EVP & COO · 2026-08-14
Option exercise
500,000 shares
Show all 22 other filingsShow fewer
Chandler Chris R.
EVP & COO · 2026-08-14
Option exercise
140,691 shares
Goebel Jeremy L.
EVP & CCO · 2026-08-14
Tax withholding
$5.9M
Goebel Jeremy L.
EVP & CCO · 2026-08-14
Option exercise
500,000 shares
Goebel Jeremy L.
EVP & CCO · 2026-08-14
Option exercise
140,691 shares
Goebel Jeremy L.
EVP & CCO · 2026-08-14
G-Gift
388,579 shares
McGee Richard K.
EVP, General Counsel & Sec. · 2026-08-14
Tax withholding
$1.0M
McGee Richard K.
EVP, General Counsel & Sec. · 2026-08-14
Option exercise
109,165 shares
Swanson Al
EVP & CFO · 2026-08-14
Tax withholding
$1.0M
Swanson Al
EVP & CFO · 2026-08-14
Option exercise
109,165 shares
Herbold Chris
Sr. VP Finance & CAO · 2026-08-14
Tax withholding
$1.3M
Herbold Chris
Sr. VP Finance & CAO · 2026-08-14
Option exercise
100,000 shares
Herbold Chris
Sr. VP Finance & CAO · 2026-08-14
Option exercise
40,609 shares
Chiang Willie CW
Chairman & CEO · 2026-08-13
Award
373,000 shares
Chandler Chris R.
EVP & COO · 2026-08-13
Award
113,600 shares
Goebel Jeremy L.
EVP & CCO · 2026-08-13
Award
113,600 shares
McGee Richard K.
EVP, General Counsel & Sec. · 2026-08-13
Award
88,500 shares
Swanson Al
EVP & CFO · 2026-08-13
Award
85,600 shares
About Plains All American Pipeline, L.P.
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…
Oil & Gas Midstream
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works