Plains All American: Timely Crude Oil Focused Yield Shelter To Buy Now

Roberts Berzins, CFA14.36K FollowersFollow5ShareSavePlay(11min)Comments(14)SummaryPAA has registered a YTD total return performance of ~23%.Yet, all of this has been justified, and given the recent distribution increase, the entry point remains attractive.For example, the war in Iran and surging crude prices have enhanced PAA's EBITDA outlook, with sensitivity to higher WTI and Permian Basin production volumes.PAA offers a 7.6% distribution yield, 150% coverage, and an investment-grade balance sheet, positioning it as a high-quality value play amid market rotation and a volatile crude oil market. Madmaxer/iStock via Getty Images As we were approaching year-end 2025, I issued a bullish thesis on Plains All American Pipeline (PAA), suggesting that the realized price gains (which were notable since my previous piece) had notThis article was written byRoberts Berzins, CFA14.36K FollowersFollowRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.