PAA

In the past six months (March 2026 - September 2026), Plains All American Pipeline LP experienced several notable stock events. On August 7, 2026, PAA reported strong Q2 2026 earnings with adjusted EBITDA growing 10% year-over-year to $738 million, driven by Permian production and crude oil segment expansion, and included a $1.6 billion gain from the divestiture of its Canadian NGL Business, while maintaining full-year 2026 adjusted EBITDA guidance. On September 9, 2026, the company priced a $1.5 billion public offering of junior subordinated notes to redeem outstanding Series A and B Preferred Units. PAA announced an agreement on September 16, 2026, to acquire Silver Creek Midstream's crude oil assets in the Powder River Basin to strengthen Rockies integration. Analyst ratings were updated, with UBS maintaining a 'Buy' and raising its price target to $28.00 on September 21, 2026, and a consensus 'Hold' recommendation from seventeen research firms with an average 12-month target price of $25.4286 reported on September 22, 2026. The stock has shown strong upward momentum, with a 36.69% year-to-date increase and a 38.64% rise over the last 12 months, reaching a new 52-week high around September 8, 2026.