Plains All American Announces Expansion and Joint Venture of Red River Pipeline with Delek Logistics
Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests (PAA)
Last plains all american pipeline, l.p. - common units representing limited partner interests earnings: 2/4 04:16 pm
Check Earnings Report
US:NYSE Investor Relations:
plainsallamerican.com/investor-relations
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Plains All American Pipeline (NYSE: PAA) today announced a capital-efficient expansion and new joint venture of its existing Red River Pipeline system. Delek Logistics Partners, LP (NYSE: DKL) has purchased from a Plains’ subsidiary a 33% ownership interest in a new Red River Pipeline Company LLC joint venture for $128 million. Plains retained a 67% interest in the joint venture and will continue to operate the Red River system. In support of this expansion, Delek US (NYSE: DK) increased its long-term throughput and deficiency (“T&D”) agreement on the Red River system from an existing 35,000 barrels per day to 100,000 barrels per day. The expansion enables additional volume pull-through from Cushing and the Permian to the U.S. Gulf Coast markets, providing additional supply optionality for shippers. “This is a win-win deal that fits our strategy of optimizing and expanding exis
Show less
Read more
Impact Snapshot
Event Time:
PAA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAA alerts
High impacting Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests news events
Weekly update
A roundup of the hottest topics
PAA
News
- Plains All American Pipeline, L.P. (NYSE: PAA) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Plains All American Pipeline, L.P. (NYSE: PAA) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Plains All American Pipeline, L.P. (NYSE: PAA) had its price target raised by analysts at Stifel Nicolaus from $18.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- Plains All American Pipeline, L.P. (NYSE: PAA) had its price target raised by analysts at UBS Group AG from $21.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- Plains All American Pipeline, L.P. (NYSE: PAA) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $14.50 to $16.00. They now have a "sell" rating on the stock.MarketBeat
PAA
Earnings
- 2/9/24 - Beat
PAA
Sec Filings
- 4/12/24 - Form ARS
- 4/12/24 - Form DEF
- 2/29/24 - Form 10-K
- PAA's page on the SEC website