Oil Stocks: What I Got Right (and Wrong) About the Oil Market in 2019 [The Motley Fool]
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
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Source: The Motley Fool
Oil Stocks: What I Got Right (and Wrong) About the Oil Market in 2019 A look back at three bold oil market predictions for 2019. Toward the end of each year, analysts and market watchers make bold predictions about what they believe will transpire over the next 12 months. More often than not, these are "set and forget" proclamations since few prognosticators go back and review them for accuracy at the end of the year. I, on the other hand, have found value in reviewing my prior predictions. That's because we can learn quite a bit from mistakes, which are quite common when making predictions. With that in mind, here's a look back at my three bold oil market predictions from 2019 . The price of oil torpedoed at the end of 2018. The global oil benchmark, Brent, plunge from a peak of more than $85 a barrel in early October to right around $50 a barrel by the end of the year. The main factor weighing on the price of oil was that the Trump administration backed away from its promise to impo
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PAA
News
- 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
- Plains All American Pipeline, L.P. (NYSE: PAA) is now covered by analysts at Scotiabank. They set a "sector outperform" rating and a $23.00 price target 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