Monday, June 8, 2015

Plains All American, Still Weak After Spill, Undervalued?

Units in master limited partnership Plains All American Pipeline (PAA) fell Monday, continuing a downturn that accelerated following the May 19 oil spill near Santa Barbara caused by a leak in one of its pipelines. The units closed at $45.36, a 1.4% drop, on Monday. Prior to the spill they were trading near $50. A [...]

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