Is Plains All American Pipeline Stock a Buy?

Units of Plains All American Pipeline (NYSE: PAA) have shed about half their value this year. That's due to crashing crude prices, which will impact oil production rates in the country and the volumes flowing through the master limited partnership's assets. This issue will affect the company's cash flow, which led it to slash its distribution again this year.

However, that steep sell-off in Plains All American's unit price probably has some value-hunting investors wondering if now's a good time to buy. Here's a look at the pros and cons of investing in this pipeline stock these days.

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Source Fool.com