UBS Highlights Plains All American (PAA) Growth Projects and Capital Expansion

6 hours ago 3

Sheryar Siddiq

Wed, July 1, 2026 astatine 10:58 AM CDT 2 min read

Plains All American Pipeline, L.P. (NASDAQ:PAA) ranks among the top NASDAQ stocks for retirement. Following the company's disclosure of enhanced superior expenditure for 2026, UBS restated its Buy standing and $25 terms people for Plains All American Pipeline, L.P. (NASDAQ:PAA) connected June 16. Plains All American Pipeline, L.P. (NASDAQ:PAA) estimates maturation superior spending to summation to $400 cardinal to $450 cardinal nett to PAA by this year, a emergence from astir $350 million.

The further fund is being driven by galore enlargement plans successful the company's Permian long-haul, Canadian gathering, and Permian gathering operations. UBS observed that the planetary mounting for lipid has grown stronger since the opening of the year, and lawsuit enactment and request person enabled the institution to spell guardant with galore high-return projects.

UBS sees accrued maturation superior arsenic a plus, noting that it volition propel incremental profitability astatine a competitory complaint of return. UBS feels Plains All American Pipeline, L.P. (NASDAQ:PAA) continues to beryllium the bears incorrect by exhibiting its integrated maturation potential.

Founded successful 1998, Plains All American Pipeline, L.P. (NASDAQ:PAA) is an established person successful the midstream vigor sector. The Texas-based institution owns and operates an extended web of pipeline transportation, terminaling, storage, and gathering assets for crude lipid and earthy state liquids.

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