Valuation Plains All American Pipeline, L.P.

Equities

Real-time Estimate Cboe BZX Other stock markets 09:52:41 2026-01-14 am EST			5-day change	1st Jan Change
19.12 ^USD	+0.63%		+6.47%	+6.77%

Jan. 05	Plains All American Pipeline, L.P. Announces Quarterly Cash Distribution for the Fourth Quarter of 2025, Payable on February 13, 2026	CI
Nov. 28	Plains All American Pipeline's EPIC Deal Seen Boosting Efficiency, RBC Says	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	6,003	6,642	8,212	10,620	12,019	13,404	13,404	-
Change	-	10.65%	23.65%	29.32%	13.17%	11.53%	0%	-
Enterprise Value (EV) ¹	16,194	15,413	16,257	17,921	19,292	23,774	22,361	22,000
Change	-	-4.82%	5.48%	10.23%	7.65%	23.23%	-5.94%	-1.61%
P/E ratio	-2.15x	17x	9.88x	10.8x	23.4x	10.5x	9.67x	9.72x
PBR	0.63x	0.66x	0.82x	1.02x	1.22x	1.71x	1.69x	1.72x
PEG	-	-0x	0x	0.6x	-0.5x	0x	1.09x	-18.86x
Capitalization / Revenue	0.26x	0.16x	0.14x	0.22x	0.24x	0.29x	0.28x	0.28x
EV / Revenue	0.7x	0.37x	0.28x	0.37x	0.39x	0.51x	0.47x	0.46x
EV / EBITDA	6.33x	6.73x	6.48x	6.61x	6.94x	8.31x	8.31x	8.15x
EV / EBIT	-6.82x	18.1x	12.6x	11.9x	16.4x	13.1x	12.8x	11.8x
EV / FCF	20.9x	9.28x	10.1x	9.97x	15.5x	16.7x	15.4x	14.7x
FCF Yield	4.79%	10.8%	9.9%	10%	6.46%	5.99%	6.51%	6.8%
Dividend per Share ²	0.72	0.72	0.92	1.12	1.332	1.561	1.736	1.802
Rate of return	8.74%	7.71%	7.82%	7.39%	7.8%	8.22%	9.14%	9.49%
EPS ²	-3.83	0.55	1.19	1.4	0.73	1.804	1.965	1.955
Distribution rate	-18.8%	131%	77.3%	80%	183%	86.5%	88.3%	92.2%
Net sales ¹	23,290	42,043	57,342	48,712	50,073	46,558	47,153	48,040
EBITDA ¹	2,560	2,290	2,510	2,711	2,779	2,863	2,691	2,698
EBIT ¹	-2,375	851	1,292	1,510	1,178	1,817	1,753	1,863
Net income ¹	-2,790	393	831	976	514	1,489	1,310	1,378
Net Debt ¹	10,191	8,771	8,045	7,301	7,273	10,369	8,956	8,596
Reference price ²	8.24	9.34	11.76	15.15	17.08	19.00	19.00	19.00
Nbr of stocks (in thousands)	728,477	711,122	698,333	700,993	703,669	705,498	705,498	-
Announcement Date	2/9/21	2/9/22	2/8/23	2/9/24	2/7/25	-	-	-

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.	10.53x	0.51x	8.31x	8.22%	13.4B
ENBRIDGE INC.	20.93x	4.09x	12.37x	5.87%	101B
WILLIAMS COMPANIES, INC.	28.77x	8.87x	13.26x	3.32%	73.87B
ENTERPRISE PRODUCTS PARTNERS L.P.	12.34x	1.98x	10.43x	6.73%	70.01B
KINDER MORGAN, INC.	21.26x	5.55x	11.2x	4.27%	60.91B
MPLX LP	11.65x	6.09x	11.18x	7.39%	55.7B
TC ENERGY CORPORATION	21.18x	8.8x	12.24x	4.5%	54.37B
ONEOK, INC.	13.67x	2.48x	9.8x	5.59%	46.72B
TARGA RESOURCES CORP.	21.21x	3.2x	11.47x	2.21%	38.7B
CHENIERE ENERGY PARTNERS, L.P.	13.08x	3.81x	11.32x	6.03%	26.49B
Average	17.46x	4.54x	11.16x	5.41%	54.13B
Weighted average by Cap.	18.75x	5.01x	11.53x	5.25%