PAA/PAGP: Free Cash Flow Fuels Growing Distributions
June 06, 2023 at 09:50 AM EDT
Summary: Plains All American (PAA/PAGP) is well-positioned to generate meaningful free cash flow. This provides financial flexibility and supports distribution growth. Plains unveiled a multi-year capital allocation framework in November 2022, which included clear distribution growth targets. Plains sees growth opportunities in the Permian and Canada, which can be pursued while maintaining capital discipline. Last [...] The post PAA/PAGP: Free Cash Flow Fuels Growing Distributions appeared first on ETF Trends .