Large Outflow of Money Witnessed in Plains All American Pipeline L.P.

Plains All American Pipeline L.P. (PAA) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($5.95 million) and the uptick to downtick ratio was 0.85. The transaction value on upticks was $32.5 million and on downticks, the transaction value was $38.45 million. In block trades, the transaction value of inflow done during uptick was $1.41 million. The transaction value of block trades during downticks was $3.3 million. The uptick to downtick block trade ratio was 0.43. The money flow was negative ($1.89 million), indicating the traders were booking profit on the price strength. Plains All American Pipeline L.P. (PAA) rose $2.83 at $29.63, during intraday Tuesday , a rise of 10.56% over the previous days close.

Plains

The company Insiders own 1.3% of Plains All American Pipeline L.P. shares according to the proxy statements. Institutional Investors own 64.42% of Plains All American Pipeline L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 16.72%. In an insider trading activity, Armstrong Greg L, CEO of Plains All American Pipeline Lp, had purchased 158,066 shares on February 10, 2016. The total value of the transaction was $2,538,540. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Plains All American Pipeline, L.P. rose by 9.61% in the last five trading days and 9.61% for the last 4 weeks. Plains All American Pipeline, L.P. is up 32.43% in the last 3-month period. Year-to-Date the stock performance stands at 36.79%.

Plains All American Pipeline L.P. (NYSE:PAA): stock turned positive on Tuesday. Though the stock opened at $27.62, the bulls momentum made the stock top out at $30.34 level for the day. The stock recorded a low of $27.62 and closed the trading day at $29.65, in the green by 10.63%. The total traded volume for the day was 7,041,414. The stock had closed at $26.8 in the previous days trading.

Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Companys operational segments include Transportation, Facilities, and Supply and Logistics. The transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The facilities segment operations consist of fee-based activities associated with providing storage, terminalling and throughput services for crude oil, refined products, NGL and natural gas. The supply and logistics segment operations consist of merchant-related activities.

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