Plains All American Pipeline traded at $22.90 this Friday May 15th, increasing $0.42 or 1.87 percent since the previous trading session. Looking back, over the last four weeks, Plains All American Pipeline gained 6.41 percent. Over the last 12 months, its price rose by 32.75 percent. Looking ahead, we forecast Plains All American Pipeline to be priced at 22.44 by the end of this quarter and at 21.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Plains All American Pipeline, L.P. owns a network of pipeline transportation, terminalling, storage and gathering assets in crude oil and natural gas liquids (NGL) producing basins and transportation corridors. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment operations consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems and trucks. The Facilities segment operations consist of activities associated with providing storage, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment activities include the purchase, logistics and resale of crude oil and NGL in North America. Its assets and services are focused on crude oil, NGL and natural gas.