PAA
Plains All American Pipeline, L.P. Energy - Oil & Gas Midstream Investor Relations →
Plains All American Pipeline, L.P. (PAA) closed at $19.40 as of 2026-02-02, trading 44.4% above its 200-week moving average of $13.43. The stock moved further from the line this week, up from 40.8% last week. With a 14-week RSI of 91, PAA is in overbought territory.
Over the past 1372 weeks of data, PAA has crossed below its 200-week moving average 7 times. On average, these episodes lasted 57 weeks. Historically, investors who bought PAA at the start of these episodes saw an average one-year return of +17.5%.
With a market cap of $13.7 billion, PAA is a large-cap stock. Return on equity stands at 10.6%. The stock trades at 1.4x book value.
Over the past 26.4 years, a hypothetical investment of $100 in PAA would have grown to $1359, compared to $802 for the S&P 500. That represents an annualized return of 10.4% vs 8.2% for the index — confirming PAA as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 4.1% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: PAA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PAA Crosses Below the Line?
Across 7 historical episodes, buying PAA when it crossed below its 200-week moving average produced an average return of +16.3% after 12 months (median +36.0%), compared to +4.1% for the S&P 500 over the same periods. 57% of those episodes were profitable after one year. After 24 months, the average return was +41.9% vs +18.7% for the index.
Each line shows $100 invested at the moment PAA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PAA has crossed below its 200-week MA 7 times with an average 1-year return of +17.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1999 | Mar 2000 | 17 | 34.8% | +76.7% | +1997.5% |
| Apr 2000 | May 2000 | 4 | 4.3% | +65.2% | +1490.5% |
| Sep 2008 | Apr 2009 | 31 | 37.7% | +23.8% | +219.2% |
| Jun 2015 | Aug 2018 | 163 | 58.2% | -32.4% | +1.4% |
| Sep 2018 | Feb 2019 | 23 | 17.9% | -11.8% | +36.8% |
| Aug 2019 | Aug 2022 | 157 | 75.3% | -59.4% | +49.7% |
| Sep 2022 | Oct 2022 | 4 | 6.3% | +60.3% | +139.7% |
| Average | 57 | — | +17.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02