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PAA vs. BSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between PAA and BSM is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

PAA vs. BSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Plains All American Pipeline, L.P. (PAA) and Black Stone Minerals, L.P. (BSM). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2025
7.19%
1.82%
PAA
BSM

Key characteristics

Sharpe Ratio

PAA:

1.62

BSM:

0.23

Sortino Ratio

PAA:

2.26

BSM:

0.44

Omega Ratio

PAA:

1.27

BSM:

1.05

Calmar Ratio

PAA:

0.73

BSM:

0.25

Martin Ratio

PAA:

6.15

BSM:

0.76

Ulcer Index

PAA:

5.65%

BSM:

5.32%

Daily Std Dev

PAA:

21.37%

BSM:

17.44%

Max Drawdown

PAA:

-91.99%

BSM:

-75.58%

Current Drawdown

PAA:

-29.60%

BSM:

-5.92%

Fundamentals

Market Cap

PAA:

$13.65B

BSM:

$3.19B

EPS

PAA:

$1.13

BSM:

$1.62

PE Ratio

PAA:

17.17

BSM:

9.36

PEG Ratio

PAA:

2.27

BSM:

1.22

Total Revenue (TTM)

PAA:

$37.72B

BSM:

$312.56M

Gross Profit (TTM)

PAA:

$13.26B

BSM:

$228.45M

EBITDA (TTM)

PAA:

$1.98B

BSM:

$260.81M

Returns By Period

In the year-to-date period, PAA achieves a 13.58% return, which is significantly higher than BSM's 3.84% return.


PAA

YTD

13.58%

1M

8.62%

6M

7.18%

1Y

32.37%

5Y*

9.37%

10Y*

-1.67%

BSM

YTD

3.84%

1M

4.26%

6M

1.82%

1Y

2.85%

5Y*

14.42%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

PAA vs. BSM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PAA
The Risk-Adjusted Performance Rank of PAA is 8484
Overall Rank
The Sharpe Ratio Rank of PAA is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of PAA is 8686
Sortino Ratio Rank
The Omega Ratio Rank of PAA is 8282
Omega Ratio Rank
The Calmar Ratio Rank of PAA is 7676
Calmar Ratio Rank
The Martin Ratio Rank of PAA is 8686
Martin Ratio Rank

BSM
The Risk-Adjusted Performance Rank of BSM is 5555
Overall Rank
The Sharpe Ratio Rank of BSM is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of BSM is 4848
Sortino Ratio Rank
The Omega Ratio Rank of BSM is 4747
Omega Ratio Rank
The Calmar Ratio Rank of BSM is 6161
Calmar Ratio Rank
The Martin Ratio Rank of BSM is 5858
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PAA vs. BSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Plains All American Pipeline, L.P. (PAA) and Black Stone Minerals, L.P. (BSM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for PAA, currently valued at 1.62, compared to the broader market-2.000.002.001.620.23
The chart of Sortino ratio for PAA, currently valued at 2.26, compared to the broader market-4.00-2.000.002.004.002.260.44
The chart of Omega ratio for PAA, currently valued at 1.27, compared to the broader market0.501.001.502.001.271.05
The chart of Calmar ratio for PAA, currently valued at 0.88, compared to the broader market0.002.004.006.000.880.25
The chart of Martin ratio for PAA, currently valued at 6.15, compared to the broader market0.0010.0020.006.150.76
PAA
BSM

The current PAA Sharpe Ratio is 1.62, which is higher than the BSM Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of PAA and BSM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50AugustSeptemberOctoberNovemberDecember2025
1.62
0.23
PAA
BSM

Dividends

PAA vs. BSM - Dividend Comparison

PAA's dividend yield for the trailing twelve months is around 6.55%, less than BSM's 10.55% yield.


TTM20242023202220212020201920182017201620152014
PAA
Plains All American Pipeline, L.P.
6.55%7.44%7.06%7.08%7.71%13.11%7.50%5.99%9.45%8.21%11.93%4.97%
BSM
Black Stone Minerals, L.P.
10.55%10.96%11.90%9.13%8.23%10.18%11.64%8.62%6.70%5.87%2.95%0.00%

Drawdowns

PAA vs. BSM - Drawdown Comparison

The maximum PAA drawdown since its inception was -91.99%, which is greater than BSM's maximum drawdown of -75.58%. Use the drawdown chart below to compare losses from any high point for PAA and BSM. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%AugustSeptemberOctoberNovemberDecember2025
-18.47%
-5.92%
PAA
BSM

Volatility

PAA vs. BSM - Volatility Comparison

Plains All American Pipeline, L.P. (PAA) has a higher volatility of 8.08% compared to Black Stone Minerals, L.P. (BSM) at 5.37%. This indicates that PAA's price experiences larger fluctuations and is considered to be riskier than BSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
8.08%
5.37%
PAA
BSM

Financials

PAA vs. BSM - Financials Comparison

This section allows you to compare key financial metrics between Plains All American Pipeline, L.P. and Black Stone Minerals, L.P.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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