PAA

Plains All American Pipeline, L.P.
NasdaqGSUSDEQUITY Energy DELAYED
Last price
24.10
▲ 0.19 (0.79%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
24.00
Prev close
23.91
Day high
24.27
Day low
23.70
Volume
1.49M
Market cap
$16.98B
P/E (TTM)
20.56
52W range
15.69 – 26.39

Day trading desk

Current session · delayed
Gap from prior close
+0.38%
Prior close 23.91
VWAP
24.07
+0.14% from price
Relative volume
1.10×
Normal
Session range
2.47%
23.70 – 24.28
Position in range
69%
Mid range
ATR (14D)
0.53
2.21% of price
Prior day high
24.28
PDH
Prior day low
23.76
PDL
Bid / ask spread
—
Quote not published
Session volume
2.76M
Avg 2.52M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+0.54% -1.4%
1M
-6.38% -7.5%
3M
+4.02% -0.5%
6M
+8.13% -10.0%
YTD
+33.96% +19.7%
1Y
+43.04% +26.6%
3Y
+57.05% -25.2%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on PAA open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+2.43M
Net buying
Buy transactions
8
2.43M shares
Sell transactions
1
2.35K shares
Net transactions
+9
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
241.23M
Total on file
Bought 2.43MSold 2.35K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 14, 26
CHIANG WILFRED CW
Chief Executive Officer
— 346.36K — Direct
Aug 14, 26
MCGEE RICHARD K
General Counsel
— 109.17K — Direct
Aug 14, 26
HERBOLD CHRIS J
Officer
— 140.61K — Direct
Aug 14, 26
GOEBEL JEREMY L
Officer
— 640.69K — Direct
Aug 14, 26
CHANDLER CHRIS R.
Chief Operating Officer
— 640.69K — Direct
Aug 14, 26
SWANSON ALOYS P
Chief Financial Officer
— 109.17K — Direct
Aug 14, 26
PAA GP HOLDINGS, L.L.C.
Beneficial Owner of more than 10% of a Class of Security
STOCK 59.20K $0 Indirect
Aug 14, 26
GOEBEL JEREMY L
Officer
STOCK 388.58K $0 Direct
Jun 29, 26
ZIEMBA LAWRENCE MICHAEL
Director
SELL 2.35K $51.49K Direct
Aug 14, 25
CHIANG WILFRED CW
Chief Executive Officer
— 561.05K — Direct
Aug 14, 25
MCGEE RICHARD K
General Counsel
— 176.73K — Direct
Aug 14, 25
HERBOLD CHRIS J
Officer
— 65.80K — Direct
Aug 14, 25
GOEBEL JEREMY L
Officer
— 227.86K — Direct
Aug 14, 25
CHANDLER CHRIS R.
Chief Operating Officer
— 227.86K — Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

8 reporting
NameRelationShares heldLatest
CHANDLER CHRIS R.
Chief Operating Officer 882.48K Conversion of Exercise of derivative security
CHIANG WILFRED CW
Chief Executive Officer 1.40M Conversion of Exercise of derivative security
GOEBEL JEREMY L
Officer 907.51K Conversion of Exercise of derivative security
HERBOLD CHRIS J
Officer 327.44K Conversion of Exercise of derivative security
MCGEE RICHARD K
General Counsel 672.56K Conversion of Exercise of derivative security
PAA GP HOLDINGS, L.L.C.
Beneficial Owner of more than 10% of a Class of Security — Stock Award(Grant)
SWANSON ALOYS P
Chief Financial Officer 668.11K Conversion of Exercise of derivative security
ZIEMBA LAWRENCE MICHAEL
Director 0 Sale

Fundamentals

TTM · reported
Market cap$16.98B
Enterprise value$29.80B
Revenue (TTM)$52.30B
Gross profit$2.90B
EBITDA$2.57B
Net income$821.00M
EPS (TTM)$1.17
Free cash flow$1.40B
Total cash$1.06B
Total debt$8.63B
Book value / share$12.82
Shares outstanding705.57M
Float463.52M
Short % of float2.62%
Dividend yield6.98%
Beta (5Y)0.55

Valuation & profitability ratios

Account required
Trailing P/E20.56
Forward P/E12.58
PEG ratio2.35
Price / sales—
Price / book1.88
EV / revenue0.57
EV / EBITDA11.59
Gross margin5.55%
Operating margin2.77%
Profit margin5.29%
Return on equity10.18%
Return on assets3.55%
Debt / equity60.42
Current ratio1.12
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $44.26B$48.89B$47.34B$57.34B -9.5%
Operating revenue $44.26B$48.89B$47.34B$57.34B -9.5%
Cost of revenue $42.54B$47.53B$45.93B$55.46B -10.5%
Gross profit $1.72B$1.35B$1.41B$1.89B +27.1%
Selling, general & admin $342.00M$328.00M$299.00M$325.00M +4.3%
Total operating expense $342.00M$328.00M$299.00M$325.00M +4.3%
Operating income $1.38B$1.03B$1.11B$1.56B +34.4%
Net interest income -$446.00M-$360.00M-$386.00M-$405.00M -23.9%
Pre-tax income $1.40B$969.00M$1.37B$1.42B +44.6%
Tax provision $15.00M$87.00M$61.00M$189.00M -82.8%
Net income $1.39B$772.00M$1.23B$1.04B +80.3%
Net income to common $1.17B$514.00M$976.00M$831.00M +127.4%
Basic EPS 1.660.731.401.19 +127.4%
Diluted EPS 1.660.731.401.19 +127.4%
EBIT $1.96B$1.40B$1.76B$1.82B +39.7%
EBITDA $2.91B$2.30B$2.67B$2.79B +26.4%
Basic shares 704.00M702.00M699.00M701.00M +0.3%
Diluted shares 704.00M702.00M699.00M701.00M +0.3%

Options analytics

Account required
Put / call volume
0.95
Call-heavy session
Put / call open interest
0.31
Positioning, not flow
Max pain
24.00
-0.2% from spot
ATM implied vol
48.2%
Nearest strike to spot
Skew (10% OTM)
-11.3%
Calls bid over puts
Call volume
57
Contracts, this expiry
Put volume
54
Contracts, this expiry
Heaviest call OI
24.50
201 contracts
Heaviest put OI
16.00
46 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.500.41 -17.4%
Mar 2026 0.420.39 -7.4%
Dec 2025 0.450.40 -11.7%
Sep 2025 0.380.39 +3.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.45 8 $14.85B +28.3%
Next quarter 0.48 8 $14.71B +39.2%
Current year 1.71 9 $59.62B +34.7%
Next year 1.91 10 $62.15B +4.2%

Analyst targets & ownership

Account required
Mean target$26.13
High target$30.00
Low target$20.00
Implied upside8.40%
Analyst count16
ConsensusBUY
Strong buy / Buy2 / 6
Hold7
Sell / Strong sell0 / 2
Held by insiders34.19%
Held by institutions41.51%
Institutions holding473
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
24.11
-0.04% from price
SMA 20
24.81
-3.01% from price
SMA 50
24.62
-2.27% from price
SMA 100
23.76
+1.43% from price
SMA 200
22.16
+8.57% from price
EMA 12
24.26
-0.64% from price
EMA 26
24.56
-1.86% from price
EMA 50
24.44
-1.37% from price
RSI (14)
40.8
Neutral
MACD (12,26,9)
-0.30
Hist -0.15
ATR (14)
0.53
2.21% of price
Realised vol 30D
18.0%
Annualised
Bollinger upper
26.41
20, 2σ
Bollinger lower
23.21
20, 2σ
50 / 200 cross
Golden
24.62 vs 22.16
Trend bias
Above 200
+8.57%

Options chain

Account required
Expiry
Spot 24.10
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
-0.30
Less volatile than market
Correlation to SPY
-0.19
Largely independent
Realised vol 30D
18.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-11.6%
Peak to trough
Max drawdown 5Y
-24.4%
Peak to trough
ATR 14
0.53
2.21% of price
Beta (reported)
0.55
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
18.29M
Prior 13.73M
Change vs prior
+33.2%
Shorts adding
% of float
2.62%
Normal
% of shares out
2.59%
Against total outstanding
Days to cover
6.9
Crowded exit
Float
463.52M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

302 on file
DateFirm ActionFromTo
Sep 21, 26 UBS MAINTAINED Buy Buy
Sep 21, 26 Barclays MAINTAINED Underweight Underweight
Sep 21, 26 Mizuho MAINTAINED Outperform Outperform
Sep 17, 26 Citigroup MAINTAINED Neutral Neutral
Sep 10, 26 Scotiabank MAINTAINED Sector Outperform Sector Outperform
Sep 3, 26 JP Morgan MAINTAINED Neutral Neutral
Aug 18, 26 Morgan Stanley MAINTAINED Equal-Weight Equal-Weight
Aug 17, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Jul 16, 26 Barclays MAINTAINED Underweight Underweight
Jul 15, 26 Truist Securities MAINTAINED Buy Buy
Jun 8, 26 Mizuho MAINTAINED Outperform Outperform
Jun 4, 26 Goldman Sachs UPGRADE Sell Neutral

Dividends & splits

Declared · from the issuer
Forward rate$1.67 / yr
Forward yield6.98%
5-year avg yield7.10%
Payout ratio137.50%
Ex-dividend dateOct 30, 2026
Next pay dateNov 13, 2026
Last split2:1
Split dateOct 2, 2012

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.