Form 8-K PLAINS ALL AMERICAN PIPE For: Aug 04
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Go back to Form 8-K PLAINS ALL AMERICAN PIPE For: Aug 04
August 6, 2015 10:05 AM EDT
Deutsche Bank downgraded Plains All American (NYSE: PAA) from Buy to Hold with a price target of $36.00 (from $54.00). The change follows Q2 results.
Analyst Kristina Kazarian said, "While Plains management is known for being conservative, the 2Q15 earnings call was particularly downbeat. Key... More
August 5, 2015 3:01 PM EDT
UBS downgraded Plains All American (NYSE: PAA) from Buy to Neutral.
For an analyst ratings summary and ratings history on Plains All American click here. For more ratings news on Plains All American click here.
Shares of Plains All American closed at $40.20 yesterday.
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August 4, 2015 4:25 PM EDT
Plains All American Pipeline (NYSE: PAA) reported Q2 EPS of $0.27, $0.02 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $6.66 billion versus the consensus estimate of $7.52 billion.
PAA reported solid second quarter results, with adjusted EBITDA of $486 million, which was approximately $26 million above the mid-point of our quarterly guidance range, said Greg L. Armstrong, Chairman and CEO of Plains All American. PAA will pay a quarterly distribution of... More
