Crashing Crude Prices Cause Problems for This High-Yielding Oil Stock
Plains All American Pipeline (NYSE: PAA) has more direct exposure to fluctuations in commodity prices and volumes than some of its peers in the energy midstream sector. Because of that, the downturn in the oil market is having a direct impact on its operations and cash flow. That was clear in the company's first-quarter report as well as its outlook.
Metric
Q1 2020
Source Fool.com
