Plains All American Completes $1.25 Billion Debt Offering

Plains All American ( (PAA) ) just unveiled an announcement.

On September 8, 2025, Plains All American Pipeline, L.P. and PAA Finance Corp. completed a public offering of $1.25 billion in debt securities, which includes $700 million in 4.700% Senior Notes due 2031 and $550 million in 5.600% Senior Notes due 2036. These senior unsecured notes are designed to rank equally with existing senior debt and are subject to certain covenants and default events, potentially impacting the company’s financial flexibility and stakeholder interests.

The most recent analyst rating on (PAA) stock is a Buy with a $20.00 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 reflects a stable financial position with strengths in cash flow and strategic corporate actions. The attractive dividend yield and reasonable valuation support the score, while technical indicators suggest caution in the short term. The company’s strategic focus on crude oil operations and recent acquisitions are positive for long-term growth, despite current revenue growth challenges.

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

More about Plains All American

Plains All American Pipeline, L.P. operates in the energy sector, focusing on the transportation, storage, and marketing of crude oil and natural gas liquids. The company is a key player in the midstream segment of the oil and gas industry, providing essential infrastructure and logistics services to facilitate the movement of energy commodities across North America.

Average Trading Volume: 2,984,425

Technical Sentiment Signal: Buy

Current Market Cap: $12.11B

See more data about PAA stock on TipRanks’ Stock Analysis page.