Valuation Plains All American Pipeline, L.P.

Stocks

Real-time Estimate Cboe BZX 14:36:37 2026-10-29 EDT			5-day change	1st Jan Change
26.90 ^USD	+1.11%		+3.75%	+49.61%

10-09	UBS Adjusts Price Target on Plains All American Pipeline to $31 From $30, Maintains Buy Rating	MT
10-01	Plains All American Pipeline, L.P. Announces Quarterly Distribution for the Third Quarter of 2026, Payable on November 13, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	6,642	8,212	10,620	12,019	12,671	18,768	-	-
Change	-	23.65%	29.32%	13.17%	5.43%	48.12%	-	-
Enterprise Value (EV) ¹	15,413	16,257	17,921	19,292	23,605	28,070	27,765	27,439
Change	-	5.48%	10.23%	7.65%	22.36%	18.92%	-1.09%	-1.17%
P/E	17x	9.88x	10.8x	23.4x	10.8x	7.2x	13.5x	12.6x
PBR	0.66x	0.82x	1.02x	1.22x	1.29x	2.05x	2.04x	2.04x
PEG	-	0x	0.6x	-0.5x	0x	0x	-0.3x	1.69x
Capitalization / Revenue	0.16x	0.14x	0.22x	0.24x	0.29x	0.31x	0.3x	0.3x
EV / Revenue	0.37x	0.28x	0.37x	0.39x	0.53x	0.47x	0.44x	0.43x
EV / EBITDA	6.73x	6.48x	6.61x	6.94x	8.33x	9.62x	9.43x	9.02x
EV / EBIT	18.1x	12.6x	11.9x	16.4x	16.5x	15.2x	13.7x	12.8x
EV / FCF	9.28x	10.1x	9.97x	15.5x	-27x	17.3x	16x	14.3x
FCF Yield	10.8%	9.9%	10%	6.46%	-3.71%	5.8%	6.24%	7.02%
Dividend per Share ²	0.72	0.92	1.12	1.332	1.558	1.702	1.859	1.976
Rate of return	7.71%	7.82%	7.39%	7.8%	8.67%	6.4%	6.99%	7.43%
EPS ²	0.55	1.19	1.4	0.73	1.66	3.696	1.964	2.111
Distribution rate	131%	77.3%	80%	183%	93.8%	46%	94.6%	93.6%
Net sales ¹	42,043	57,342	48,712	50,073	44,262	59,829	62,573	63,374
EBITDA ¹	2,290	2,510	2,711	2,779	2,833	2,918	2,946	3,041
EBIT ¹	851	1,292	1,510	1,178	1,434	1,842	2,030	2,137
Net income ¹	393	831	976	514	1,435	2,649	1,477	1,565
Net Debt ¹	8,771	8,045	7,301	7,273	10,934	9,302	8,997	8,671
Reference price ²	9.34	11.76	15.15	17.08	17.96	26.60	26.60	26.60
Nbr of stocks (in thousands)	711,122	698,333	700,993	703,669	705,498	705,566	-	-
Announcement Date	2/9/22	2/8/23	2/9/24	2/7/25	2/6/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PLAINS ALL AMERICAN PIPELINE, L.P.	7.2x	0.47x	9.62x	6.4%	18.77B
ENBRIDGE INC.	24.48x	3.3x	13.11x	5.72%	108B
WILLIAMS COMPANIES, INC.	29.77x	10.03x	14.56x	2.84%	90.84B
ENTERPRISE PRODUCTS PARTNERS L.P.	12.65x	1.83x	10.5x	5.89%	82.19B
KINDER MORGAN, INC.	21.79x	5.84x	11.74x	3.55%	74.76B
ENERGY TRANSFER LP	11.93x	1.13x	7.26x	6.6%	71.31B
TC ENERGY CORPORATION	22.94x	9.5x	12.76x	3.97%	65.57B
TARGA RESOURCES CORP.	26.96x	4.51x	14.33x	1.63%	65.59B
CHENIERE ENERGY, INC.	37.65x	3.65x	9.92x	0.78%	61.5B
MPLX LP	13.67x	6.47x	11.7x	7.72%	59.75B
Average	20.90x	4.67x	11.55x	4.51%	69.81B
Weighted average by Cap.	22.06x	4.98x	11.84x	4.43%