Plains All American Pipeline LP (PAA)
$10.77
0.29 (2.62%)
PAA Stock Quote Delayed 30 Minutes
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Fundamental Grade
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Previous Close
-
Market Cap
7.73B
PE Ratio
-
EPS
-
Volume (Avg. Vol.)
5.25M
Day's Range
$10.76 - $11.17
52-Week Range
$8.07 - $12.38
Dividend & Yield
$0.72 (6.69%)
PAA Stock Predictions, Articles, and Plains All American Pipeline LP News
Oil Could Still Go Lower
I am recommending a bearish trade on Plains All American Pipeline, L.P. (NYSE:PAA), a provider logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. Oil bounced back slightly last week, but it has continued its downward move. Declining oil prices are helping our consumers, but the U.S. is now one of the biggest oil producers in the world, and this will hurt us. Because we're producing more, we won't be able to sell it at a high price.
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