Permian Oil Output to Hit Fresh Record This Year, Pipeline Owner Plains Says [BNN Bloomberg (Canada)]
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: BNN Bloomberg
Production from the basin is set to reach 6.4 million barrels a day at the end of this year, up from 6.1 million barrels at the end of 2023, Plains All American Pipeline LP said in its fourth-quarter earnings presentation. The growth will happen due to drilling efficiencies even as the number of rigs remains stable, Chief Financial Officer Al Swanson said. Three hundred rigs are “probably doing the work of close to 330 rigs 12 months ago,” he said. In the long term, Swanson also sees the industry increasing the amount of oil pumped from each well compared with the total volume available in the field. The Permian's Delaware Basin will lead the increase while production in the Midland section will remain stable, Swanson said. Read More: Shale Powers US Oil Exports to Record as War Shifts Global Flows Last year, total US oil production soared by 1 million barrels a day as explorers drilled deeper and longer wells — some stretching for miles — to extract more crude. The surge helpe
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 downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- AMLP: U.S. Oil And Gas Is Primed For A Continued Run [Seeking Alpha]Seeking Alpha
- 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
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