Plains All American, a major crude oil midstream company, reported solid Q2 2026 financial results, including a 10% year-over-year growth in adjusted EBITDA. The company enhanced its downstream capabilities by acquiring Silver Creek Midstream's Powder River Basin assets for $585 million in cash, supporting its growth strategy. Additionally, Plains All American increased its distribution by about 10% in January 2026 with strong coverage of 1.68x, outperforming its MLP peers. Trading at a forward EV/EBITDA of approximately 10.6x, the company appears undervalued and is seen as having potential for double-digit upside.
Plains All American is the subject of this update, with Pluang's Energy sector data providing market context. Of 34 priced Energy-sector US stocks on Pluang, 8 rose and 26 fell as of Sep 19, 2026 00:12 WIB. Notable prices include Diamondback Energy Inc (FANG) at USD 193.48 with a 1-day change of -1.76%, Uranium Energy Corp (UEC) at USD 9.95 with a 1-day change of -1.68%, and Canadian Natural Resources Ltd. (CNQ) at USD 49.81 with a 1-day change of -1.60%.
Shares of TJGC Group Limited jumped nearly 54% after announcing plans to expand into AI hardware, led by new leadership in electronics manufacturing. Forward Industries rose 24% following an updated acquisition proposal for SkyAI, offering a 50% prem...
On Holding, a Swiss athletic shoe company, is expanding into the global football market by partnering with soccer star Kylian Mbappé, who leaves Nike after nearly 20 years. This marks On Holding's first venture into football cleats and apparel, lever...
Lument Finance Trust's Board of Directors has suspended the quarterly dividend on its common stock starting with the third quarter of 2026. This decision aims to preserve capital and maintain financial flexibility while still meeting REIT taxable inc...
Hybrid Power Solutions Inc., a Canadian clean energy company, has closed a non-brokered private placement raising CAD 617,500 by issuing 12.35 million units at CAD 0.05 each. Each unit includes one common share and one warrant exercisable at CAD 0.06...
Costco's new same-day delivery deal with DoorDash caused Instacart's stock to drop, but Instacart still powers Costco's branded sites and expanded internationally. The market reacted sharply, yet analysts remain optimistic with a $58 price target, ci...
