tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Plains All American Acquires Stake in EPIC Crude Holdings

Story Highlights
  • Plains All American Pipeline to acquire 55% interest in EPIC Crude Holdings for $1.57 billion.
  • The acquisition enhances Plains’ strategy and is expected to boost cash flow and market access.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Plains All American Acquires Stake in EPIC Crude Holdings

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Plains All American ( (PAA) ) is now available.

On August 30, 2025, Plains All American Pipeline, L.P. announced that a subsidiary has entered into a definitive agreement to acquire a 55% non-operated interest in EPIC Crude Holdings, LP from Diamondback Energy, Inc. and Kinetik Holdings Inc. for approximately $1.57 billion, including $600 million of debt. The acquisition, expected to close in early 2026, aims to enhance Plains’ wellhead to water strategy by providing additional upstream and downstream connectivity, and is anticipated to be immediately accretive to distributable cash flow. This strategic move strengthens Plains’ position as a leading crude oil midstream provider, offering enhanced market access and customer flexibility, while maintaining a strong balance sheet and creating further return of capital opportunities for stakeholders.

The most recent analyst rating on (PAA) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Plains All American stock, see the PAA Stock Forecast page.

Spark’s Take on PAA Stock

According to Spark, TipRanks’ AI Analyst, PAA is a Neutral.

Plains All American’s overall stock score is driven by its strong financial stability and attractive valuation, particularly the high dividend yield. The technical analysis suggests a stable but cautious outlook, while the earnings call highlights strategic initiatives that could enhance long-term growth. However, revenue growth challenges and bearish momentum indicators are concerns that temper the score.

To see Spark’s full report on PAA stock, click here.

More about Plains All American

Plains All American Pipeline, L.P. (PAA) is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). The company manages an extensive network of pipeline gathering and transportation systems, along with terminalling, storage, processing, fractionation, and other infrastructure assets across key producing basins, transportation corridors, and major market hubs in the United States and Canada. On average, PAA handles approximately eight million barrels per day of crude oil and NGL.

Average Trading Volume: 2,976,580

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.66B

Learn more about PAA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1