Plains All American Pipeline L.P. Common Units representing Limited Partner Interests drawdown: 61.0% below the all-time high
Plains All American Pipeline L.P. Common Units representing Limited Partner Interests is 61.0% below its all-time high, set Sep 8, 2014 (as of market close, Oct 1, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −61.0%
- 39.0% of ATH
- All-time high
- $60.76
- Sep 8, 2014
- Time below the high
- 12.1 yrs
- since Sep 8, 2014
- Worst-ever drawdown
- −94.6%
- Mar 18, 2020
- Longest underwater
- 12.1 yrs
- between all-time highs
- Today's level first reached
- Aug 4, 2005
- 21.2 yrs ago
- Last time this deep
- never before
- no prior −61.0% episode
% of all-time high since 1998#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Sep 8, 2014 | Mar 18, 2020 | −94.6% | 5.5 yrs | not yet | 12.1 yrs+ |
| Jul 12, 2007 | Nov 21, 2008 | −60.0% | 16 mo | Jan 31, 2011 | 3.6 yrs |
| Nov 9, 1999 | Nov 29, 1999 | −48.6% | 20 days | Jan 25, 2001 | 15 mo |
| Sep 4, 2001 | Jul 23, 2002 | −27.6% | 11 mo | May 22, 2003 | 1.7 yrs |
| Nov 25, 1998 | Feb 18, 1999 | −20.2% | 3 mo | Nov 9, 1999 | 11 mo |
| May 13, 2013 | Dec 17, 2013 | −18.8% | 7 mo | Jun 27, 2014 | 13 mo |
| Sep 2, 2005 | Dec 29, 2005 | −18.0% | 4 mo | May 31, 2006 | 9 mo |
| May 17, 2001 | Jun 29, 2001 | −16.9% | 43 days | Aug 20, 2001 | 3 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1998: how far Plains All American Pipeline L.P. Common Units representing Limited Partner Interests stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Plains All American Pipeline L.P. Common Units representing Limited Partner Interests from its all-time high?
- Plains All American Pipeline L.P. Common Units representing Limited Partner Interests is currently 61.0% below its all-time high, set Sep 8, 2014 (as of market close, Oct 1, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Plains All American Pipeline L.P. Common Units representing Limited Partner Interests drawdown ever?
- The deepest decline on record in our data (since 1998) took Plains All American Pipeline L.P. Common Units representing Limited Partner Interests 94.6% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PAA; no free deep history exists for Plains All American Pipeline L.P. Common Units representing Limited Partner Interests — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.