PAA
Plains All American Pipeline, L.P. Energy - Oil & Gas Midstream Investor Relations →
Plains All American Pipeline, L.P. (PAA) closed at $22.36 as of 2026-05-01, trading 59.9% above its 200-week moving average of $13.99. The stock moved further from the line this week, up from 51.8% last week. With a 14-week RSI of 74, PAA is in overbought territory.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.17 ratio) is neutral — neither side is clearly dominating.
Over the past 1384 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 $15.8 billion, PAA is a large-cap stock. The company generates a free cash flow yield of 4.8%. Return on equity stands at 10.6%. The stock trades at 2.0x book value.
Over the past 26.6 years, a hypothetical investment of $100 in PAA would have grown to $1596, compared to $837 for the S&P 500. That represents an annualized return of 11.0% vs 8.3% for the index — confirming PAA as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 5.5% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | +2362.2% |
| Apr 2000 | May 2000 | 4 | 4.3% | +65.2% | +1767.1% |
| Sep 2008 | Apr 2009 | 31 | 37.7% | +23.8% | +274.7% |
| Jun 2015 | Aug 2018 | 163 | 58.2% | -32.4% | +19.0% |
| Sep 2018 | Feb 2019 | 23 | 17.9% | -11.8% | +60.6% |
| Aug 2019 | Aug 2022 | 157 | 75.3% | -59.4% | +75.7% |
| Sep 2022 | Oct 2022 | 4 | 6.3% | +60.3% | +181.4% |
| Average | 57 | — | +17.5% | — |
Frequently Asked Questions
Is PAA below its 200-week moving average?
No. Plains All American Pipeline, L.P. (PAA) is currently 59.9% above its 200-week moving average of $13.99. It would need to fall to $13.99 to cross below the line.
What is PAA's 200-week moving average price?
Plains All American Pipeline, L.P.'s 200-week moving average is $13.99 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PAA drops below its 200-week moving average?
PAA has crossed below its 200-week moving average 7 times in our data. On average, buying at that moment produced a one-year return of +17.5%. These dips have historically been decent entry points. These episodes lasted 57 weeks on average.
Is PAA a good value right now?
Here's what our data says about PAA as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 74 (overbought). Free cash flow yield is 4.8%. Return on equity is 10.6%. Price-to-book is 2.0x. This is not a buy or sell recommendation — always do your own research.
How does PAA compare to the S&P 500?
Over the past 26.6 years, $100 invested in PAA would have grown to $1596, compared to $837 for the S&P 500. That's 11.0% annualized vs 8.3% for the index. PAA has outperformed the broader market over this period.
Does PAA pay a dividend?
Yes. Plains All American Pipeline, L.P. currently pays a dividend yield of 713.00%.
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 week of 2026-05-01