Plains All American Pipeline Rises On Unusually High Volume (PAA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Plains All American Pipeline (NYSE: PAA) is trading at unusually high volume Monday with two million shares changing hands. It is currently at two times its average daily volume and trading up $1.14 (+2.1%) at $54.40 as of 2:10 p.m. ET.

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Plains All American Pipeline has a market cap of $18.53 billion and is part of the basic materials sector and energy industry. Shares are up 17.7% year to date as of the close of trading on Friday.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Plains All American Pipeline as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Plains All American Pipeline Ratings Report.

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