Plains Competitors
| PAA Stock | USD 19.78 0.31 1.59% |
Plains All vs National Fuel Correlation
Poor diversification
The correlation between Plains All American and NFG is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Plains All American and NFG in the same portfolio, assuming nothing else is changed.
Moving together with Plains Stock
| 0.87 | ET | Energy Transfer LP Earnings Call This Week | PairCorr |
| 0.73 | P5P | Pembina Pipeline Corp | PairCorr |
| 0.83 | EPD | Enterprise Products Sell-off Trend | PairCorr |
| 0.82 | GLP | Global Partners LP | PairCorr |
Moving against Plains Stock
The current year's Return On Capital Employed is expected to grow to 0.09, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Plains All's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.11, whereas Total Assets are forecasted to decline to about 16.6 B.Plains All Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Plains All and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Plains and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Plains All American does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Plains Stock performing well and Plains All Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Plains All's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DTM | 0.90 | 0.22 | 0.16 | 3.13 | 0.75 | 1.78 | 4.48 | |||
| VNOM | 1.34 | 0.25 | 0.11 | 1.34 | 1.52 | 2.90 | 10.04 | |||
| DINO | 1.55 | 0.06 | 0.01 | 0.20 | 1.55 | 4.03 | 7.95 | |||
| AR | 2.01 | 0.01 | (0.02) | 0.14 | 2.62 | 3.88 | 12.45 | |||
| WES | 0.77 | 0.15 | 0.09 | 1.91 | 0.77 | 1.94 | 5.00 | |||
| AM | 0.87 | 0.27 | 0.14 | (2.62) | 1.01 | 2.41 | 5.56 | |||
| HESM | 0.95 | 0.10 | 0.04 | 0.46 | 1.06 | 1.89 | 5.02 | |||
| OVV | 1.78 | 0.26 | 0.09 | 0.85 | 1.99 | 3.86 | 8.85 | |||
| YPF | 1.65 | 0.02 | 0.00 | 0.11 | 2.35 | 3.84 | 10.02 | |||
| NFG | 0.81 | 0.12 | 0.07 | 0.66 | 0.85 | 1.72 | 5.52 |
Cross Equities Net Income Analysis
Compare Plains All American and related stocks such as DT Midstream, Viper Energy Ut, and HF Sinclair Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DTM | 231 M | 231 M | 231 M | 231 M | 231 M | 231 M | 231 M | 231 M | 231 M | 204 M | 312 M | 307 M | 370 M | 384 M | 354 M | 407.1 M | 339.7 M |
| VNOM | 12 M | 12 M | 12 M | 12 M | 22.6 M | 24.4 M | (10.9 M) | 111.5 M | 144 M | 46.3 M | (192.3 M) | 57.9 M | 655 M | 200.1 M | 359.2 M | 413.1 M | 433.8 M |
| DINO | 33.1 M | 1 B | 1.7 B | 735.8 M | 281.3 M | 740.1 M | (260.5 M) | 805.4 M | 1.1 B | 772.4 M | (601.4 M) | 558.3 M | 2.9 B | 1.6 B | 177 M | 203.6 M | 397.2 M |
| AR | 228.6 M | 392.7 M | (285.1 M) | (18.9 M) | 673.6 M | 941.4 M | (848.8 M) | 615.1 M | (397.5 M) | (340.1 M) | (1.3 B) | (186.9 M) | 1.9 B | 198.4 M | 57.2 M | 634.4 M | 666.1 M |
| WES | 9.7 M | 75.6 M | 2.8 M | 160.2 M | 221.9 M | 87.9 M | 345.8 M | 376.6 M | 369.4 M | 697.2 M | 527 M | 916.3 M | 1.2 B | 1 B | 1.6 B | 1.8 B | 1.9 B |
| AM | 16.8 M | 16.8 M | 16.8 M | 16.8 M | 16.8 M | 781 K | 9.7 M | 7.3 M | 443 M | (355.1 M) | (122.5 M) | 331.6 M | 326.2 M | 371.8 M | 400.9 M | 413.2 M | 433.8 M |
| HESM | (73.9 M) | (73.9 M) | (73.9 M) | (163.8 M) | 32.9 M | 193.4 M | 204.9 M | 41.2 M | 69.1 M | 70.1 M | 24 M | 46.4 M | 83.9 M | 118.6 M | 223.1 M | 352.9 M | 370.5 M |
| OVV | 818.9 M | 5 M | (2.8 B) | 236 M | 3.4 B | (5.2 B) | (944 M) | 827 M | 1.1 B | 234 M | (6.1 B) | 1.4 B | 3.6 B | 2.1 B | 1.1 B | 1 B | 961.2 M |
| YPF | 589 M | 1 B | 794.6 M | 785.8 M | 9 B | 4.6 B | (28.2 B) | 12.3 B | 38.6 B | (34.1 B) | (69.6 B) | 257 M | 289.1 B | (1.6 T) | 2.1 T | 2.4 T | 2.5 T |
| NFG | 46.9 M | 220.1 M | 260 M | 299.4 M | (379.4 M) | (291 M) | 283.5 M | 391.5 M | 304.3 M | (123.8 M) | 363.6 M | 566 M | 476.9 M | 77.5 M | 518.5 M | 596.3 M | 626.1 M |
Plains All American and related stocks such as DT Midstream, Viper Energy Ut, and HF Sinclair Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Plains All American financial statement analysis. It represents the amount of money remaining after all of Plains All American operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Plains All Competitive Analysis
The better you understand Plains All competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Plains All's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Plains All's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Plains All Competition Performance Charts
Five steps to successful analysis of Plains All Competition
Plains All's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Plains All American in relation to its competition. Plains All's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Plains All in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Plains All's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Plains All American, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Plains All Correlation with its peers. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plains All. Anticipated expansion of Plains directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Plains All assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 1.458 | Dividend Share 1.558 | Earnings Share 1.12 | Revenue Per Share | Quarterly Revenue Growth (0.15) |
The market value of Plains All American is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains All's value that differs from its market value or its book value, called intrinsic value, which is Plains All's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plains All's market value can be influenced by many factors that don't directly affect Plains All's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Plains All's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Plains All should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Plains All's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.