PAA
Plains All American Pipeline, L.P. Energy - Oil & Gas Midstream Investor Relations →
Plains All American Pipeline, L.P. (PAA) closed at $24.57 as of 2026-07-31, trading 67.1% above its 200-week moving average of $14.71. The stock moved further from the line this week, up from 65.4% last week. The 14-week RSI sits at 67, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.72 ratio) is neutral — neither side is clearly dominating.
Over the past 1397 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 +17.3%.
Return on equity stands at 10.4%. The stock trades at 2.3x book value.
Over the past 26.8 years, a hypothetical investment of $100 in PAA would have grown to $1739, compared to $872 for the S&P 500. That represents an annualized return of 11.2% vs 8.4% for the index — confirming PAA as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 5.5% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 +16.7% 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 +42.4% vs +18.6% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices PAA would reach each dislocation threshold.
Dislocation Price Levels
Prices where PAA's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-07.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $19.61 | Unusually cheap — potential buy zone |
| Value | +1σ | $21.58 | Cheap vs. own history |
| Fair Value | +0σ | $23.98 | Historical mean behavior |
| Expensive | -1σ | $26.99 | Expensive vs. own history |
| Deep Expensive | -2σ | $30.86 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from PAA's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
PAA has crossed below its 200-week MA 7 times with an average 1-year return of +17.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1999 | Mar 2000 | 17 | 35.0% | +76.7% | +2651.9% |
| Apr 2000 | Apr 2000 | 2 | 4.4% | +65.2% | +1986.8% |
| Sep 2008 | Apr 2009 | 31 | 37.8% | +23.8% | +318.7% |
| Jun 2015 | Aug 2018 | 164 | 58.2% | -33.4% | +31.6% |
| Sep 2018 | Feb 2019 | 23 | 18.0% | -11.8% | +79.5% |
| Aug 2019 | Aug 2022 | 157 | 75.4% | -59.4% | +96.4% |
| Sep 2022 | Oct 2022 | 4 | 6.4% | +60.3% | +214.5% |
| Average | 57 | — | +17.3% | — |
Frequently Asked Questions
Is PAA below its 200-week moving average?
No. Plains All American Pipeline, L.P. (PAA) is currently 67.1% above its 200-week moving average of $14.71. It would need to fall to $14.71 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 $14.71 as of 2026-07-31. 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 +17.3%. 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 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 67. Return on equity is 10.4%. Price-to-book is 2.3x. 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 26.8 years, $100 invested in PAA would have grown to $1739, compared to $872 for the S&P 500. That's 11.2% annualized vs 8.4% 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 658.00%.
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 2026-07-31