According to Yahoo Finance, "There are 11 COVID-19 vaccines currently in Phase 3 trials around the world, according to New York Times data. Moderna and Pfizer are generally viewed as being among the US companies furthest along in developing a COVID-19 vaccine. Pfizer said in September it will seek regulatory review for its two-shot coronavirus vaccine in late October. Moderna CEO Stéphane Bancel said earlier this month at a Financial Times conference that Nov. 25 will be the earliest it will seek emergency use authorization for its two-shot vaccine candidate."
With Covid-19 vaccines available to use soon, the US stock market will likely get a boost when that happens. When economy reopens more and more, the stock sectors that have been impacted negatively the most will likely rebound the most. One of these depressed industry is Oil and Gas Midstream Service companies. This industry as a whole dropped over 36% in the last 1 year ( compare with S&P500's nearly+19%)due to negative impact of the Covid-19 Pandemic and is bound to rally sharply as conditions improve. One of the stock in this industry is Plains All American Pipelines LP (PAA). PAA has dropped 66% in the last year, it is looking like a good buy. I am adding PAA to my diversified portfolio now consists of PAA, MRO, CNR, AGQ, FCX, SQ, PINS, SRNE, TGT and NKLA. You may search these symbol in this blog for more details.
Plains All American Pipeline, LP (PAA 6.62), through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), and natural gas in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges.
Positives for PAA are as follows:
1. Good valuations:Forward PE is 5, Price to Sale 0.16, Price to Book 0.63, 11% dividend a year.
2. Potential good growth: Estimated EPS growth for next year is +384%.
3. 23 analysts average rated buy: 6 strong buys, 6 buys, 11 holds. Average 1 year price target is 11.91. If this target is reached in a year, the total return with dividend would be +91%.
4. Potential triggers for higher price: Higher oil an natural gas prices, Covid-19 vaccine announcement, earning release, 2nd Pandemic economic stimulus approval by congress.
5. Natural Gas is in demand: From Geology.com: In the United States, most natural gas is burned as a fuel. In 2012 about 30% of the energy consumed across the nation was obtained from natural gas . It was used to generate electricity, heat buildings, fuel vehicles, heat water , bake foods, power industrial furnaces, and even run air conditioners. Of the three fossil fuels used for electric power generation (coal, oil, natural gas), natural gas emits the least carbon dioxide per unit of energy produced. It emits 30% less carbon dioxide than burning oil and 45% less carbon dioxide than burning coal. Burning natural gas also releases lower amounts of nitrogen oxides, sulfur dioxide, particulates and mercury when compared to coal and oil. As the United States becomes more concerned about climate change, carbon dioxide emissions, and air quality, the use of natural gas for electricity generation is expected to increase.
6. Technicals: PAA has formed rising lows up trend. It's on CCI buy signal. First resistance is its 50 day moving average at 6.89 and it will be another buy signal is this level is broken. After 6.89, the next upside target range is 7.5 to 9.46, +13.3% to +43% respectively. These are short to intermediate term price targets.
根据Yahoo Finance的报导：“根据《纽约时报》的数据，目前全球有11种COVID-19疫苗正在进行第3期试验。普遍认为Moderna和Pfizer是开发COVID-19疫苗的美国公司中发展最快的公司之一Pfizer公司在9月份表示将在10月底对其两剂冠状病毒疫苗进行监管审查，Moderna首席执行官斯特凡·班塞尔（StéphaneBancel）在本月早些时候的《金融时报》会议上表示，最早将在11月25日为其两种注射疫苗申请紧急使用授权。”
随着Covid-19疫苗即将投入使用，美国股市可能会再获得到提振。当经济越来越开放时，受到负面影响最大的股票行业很可能会反弹最多。这些低迷的行业之一是油气中游服务公司。由于Covid-19大流行的负面影响，整个行业在过去一年中下跌了36％以上 (同期S&P 500 上升近19%），随着情况的改善势必会急剧反弹。该行业中的股票之一是Plains All American Pipelines LP（PAA）。过去一年，PAA下跌了66％，看起来是一个不错的反弹股票选择。我现在将PAA添加到我的多元化投资组合中，这个组合现在包含PAA，MRO，CNR, AGQ，FCX，SQ，PINS，SRNE，TGT和NKLA。您可以在此博客中搜索这些符号以获取更多详细信息。
Plains All American Pipeline，LP（PAA 6.62）通过其子公司在美国和加拿大从事原油，液体天然气（NGL）和天然气的运输，存储，装卸和营销。该公司分为三个部门：运输，设施以及供应和物流。运输部门通过管道，收集系统，卡车和驳船运输原油和NGL。
PAA的正面因素如下：
1.很好的估值：前瞻市盈率为5，价格/销售比率为0.16，价格/帐面价值比率为0.63，年度股息为11％。
2.潜在的良好增长：预计明年的每股收益增长为+ 384％。
3. 23位分析师的平均评级为买入：6位强买，6位买入，11位持有。一年平均价格目标是11.91。如果在一年内达到这一目标，那么加上股息后总的收益率将为+ 90％。
4.价格上涨的潜在触发因素：石油和天然气价格上涨，Covid-19疫苗公布，盈利发布，国会第二次大流行经济刺激计划获得通过。
5.天然气需求大：来自Geology.com的报导：在美国，大多数天然气都作为燃料燃烧。 2012年，全国消耗的能源约30％来自天然气。它被用来发电，给建筑物热气，作为汽车燃料，热水，烤制食品，给工业炉供电，甚至运行空调。在用于发电的三种化石燃料（煤，石油，天然气）中，天然气产生的能量排放的二氧化碳最少。它的排放量比燃烧的石油少30％，比燃烧的煤少45％。与煤和石油相比，燃烧天然气还释放出较少量的氮氧化物，二氧化硫，颗粒物和汞。随着美国越来越关注气候变化，二氧化碳排放和空气质量，预计将天然气用于发电。
6.技术面：PAA形成了上升低点的上升趋势。有CCI买入信号。第一个阻力是其50日移动均线6.89，突破该水平将是另一个买入信号。在6.89之后，下一个上升目标范围是7.5至9.46，分别为+ 13.3％至+ 43％涨幅。这些是短期到中期的价格目标。
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