11. Plains All American Pipeline, L.P. (NASDAQ:PAA)
Number of Hedge Fund Holders: 5
Plains All American Pipeline, L.P. (NASDAQ:PAA) is included in our list of the 20 largest MLPs.
On March 23, 2026, Truist initiated coverage of Plains All American Pipeline, L.P. (NASDAQ:PAA) with a Buy rating. The price target on the stock is set at $23. As of March 2026, Truist has initiated coverage on a few Master Limited Partnerships (MLPs) and energy infrastructure companies, primarily favoring those with a specific regional focus, and according to the firm’s analyst, Plains All American Pipeline, L.P. (NASDAQ:PAA) is one of the largest transporters and gatherers of crude. The analyst further described the company as a leading egress provider from the Permian Basin and added that the Permian is certainly not a bad place to be.
Prior to this, in a separate event, Morgan Stanley raised the price target on Plains All American Pipeline, L.P. (NASDAQ:PAA) from $21 to $23 on March 18, 2026. The firm’s analyst Robert Kad kept an Equal Weight rating on the stock. The adjustment was part of Morgan Stanley’s weekly update of its North American midstream and renewable energy infrastructure.
Founded in 1998, Plains All American Pipeline, L.P. (NASDAQ:PAA) is an established leader in the midstream energy sector. The Texas-based company owns and operates an extensive network of pipeline transportation, terminaling, storage, and gathering assets for crude oil and natural gas liquids.
10. Cheniere Energy Partners, L.P. (NYSE:CQP)
Number of Hedge Fund Holders: 5
Cheniere Energy Partners, L.P. (NYSE:CQP) is included in our list of the 20 largest MLPs.
On April 2, 2026, Citi raised its price target on Cheniere Energy Partners, L.P. (NYSE:CQP) from $49 to $55. Despite the positive price target adjustment, the firm’s analyst Spiro Dounis maintained the Sell rating on the stock. According to the analyst’s research note, the conflict in the Middle East could have an enduring effect on the global market that benefits U.S. liquefied natural gas in the long-term.
Separately, on March 27, 2026, JPMorgan raised its price target on Cheniere Energy Partners, L.P. (NYSE:CQP) from $57 to $63 while maintaining an Underweight rating on the stock. The firm adjusted Cheniere Energy Partners, L.P. (NYSE:CQP)’s financial model to incorporate the current strip pricing.
Prior to this, on March 26, 2026, UBS also raised its price target on Cheniere Energy Partners, L.P. (NYSE:CQP) by $13, from $62 to $75. The analyst maintains a Neutral rating on the company’s stock.
Founded in 2006, Cheniere Energy Partners, L.P. (NYSE:CQP) is an international energy company with headquarters in Texas that provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies around the world through its subsidiaries.
