Brookfield Adds $67M in Plains All American Pipeline, L.P. ($PAA)
Key Points
- Brookfield changed its Plains All American Pipeline, L.P. ($PAA) stake by 428.2% last quarter, boosting to 3,691,435 shares worth $82.98 million.
- Wall Street's consensus rating on $PAA is Buy and an average price target of $23.61.
- $PAA last traded around $22.48.
Brookfield increased its position in Plains All American Pipeline, L.P. ($PAA) by 428.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,691,435 shares of Plains All American Pipeline, L.P. after buying 2,992,549 shares during the quarter. Brookfield's holdings in Plains All American Pipeline, L.P. were worth $82.98 million as of its most recent filing.
Plains All American Pipeline, L.P. ($PAA) Stock
Plains All American Pipeline, L.P. Earnings
Plains All American Pipeline, L.P. Dividend
Analysts Set New Price Targets
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 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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