Exelon, Gilead Sciences, Plains All American Pipeline, Sportradar, and Cintas are featured in the Zacks top Analyst Blog.
PAA stock is expected to increase due to higher earnings estimates, asset expansion in the Permian and other areas in the U.S., as well as additional acquisitions. These factors will help boost the stock from its current position.
The financial results for Plains All American (PAA) from the quarter ending in December 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Plains All American Pipeline, L.P. will hold a conference call to discuss their Q4 2024 results on February 7, 2025, at 10:00 AM ET. Key company participants include Blake Fernandez, Willie Chiang, Al Swanson, Jeremy Goebel, and Chris Chandler. Various analysts from firms like Wolfe Research, UBS, and Goldman Sachs will also be joining the call.
HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) have shared their results for the fourth quarter and the entire year of 2024, along with their guidance for 2025. They also highlighted some key points from their report.
Plains All American Pipeline, L.P. (PAA) will announce its financial results for the fourth quarter on Friday, February 7, 2025, before the market opens.
PAA's earnings for the fourth quarter of 2024 are below what was anticipated, and their revenues have decreased compared to the previous year.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. At the same time, we keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Plains All American (PAA) might be an excellent option for investors interested in stocks that have shown strong growth lately but are still priced fairly. It is one of the stocks that passed our 'Fast-Paced Momentum at a Bargain' test.
Plains had a successful operational quarter and is likely to reach the upper limit of its adjusted EBITDA guidance for 2024, which is between $2.725 billion and $2.775 billion. They expect to generate $1.45 billion in adjusted free cash flow for 2024, with $1.15 billion set aside for common and preferred distributions. The growth in Permian volumes is progressing well, with improved efficiencies balancing out the decrease in horizontal rig counts, and the Fort Saskatchewan project is on track for completion in 2025.