Plains All American Pipeline, L.P.(PAA)

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. As of December 31, 2021, this segment owned and leased 18,300 miles of active crude oil transportation pipelines and gathering systems, as well as an additional 110 miles of pipelines that supports crude oil storage and terminalling facilities; 74 million barrels of commercial crude oil storage capacity; 38 million barrels of active, above-ground tank capacity; four marine facilities; a condensate processing facility; seven crude oil rail terminals and 2,100 crude oil railcars; and 640 trucks and 1,275 trailers. The Natural Gas Liquids segment engages in the natural gas processing, NGL fractionation, storage, transportation, and terminalling activities. As of December 31, 2021, this segment owned and operated four natural gas processing plants; nine fractionation plants; 28 million barrels of NGL storage capacity; approximately 1,620 miles of active NGL transportation pipelines, as well as an additional 55 miles of pipeline that supports NGL storage facilities; 16 NGL rail terminals and approximately 3,900 NGL rail cars; and approximately 220 trailers. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
Latest News & Analysis
Plains All American Pipeline (PAA) Strategic Shift: NGL Divestiture, Financial Health, and Growth Prospects
Plains All American Pipeline's $3.75B Canadian NGL divestiture reshapes its portfolio, bolsters financial stability, and supports sustainable dividends amid midstream sector shifts.
Plains All American Pipeline Strategic Shift: $3.75B Canadian NGL Sale and Fee-Based Crude Oil Focus
Plains All American Pipeline's $3.75B Canadian NGL sale marks a pivot to fee-based crude oil infrastructure, enhancing financial flexibility and Permian Basin growth.
Plains All American Pipeline (PAA) Strategic Shift Boosts Dividend Sustainability and Permian Growth
Plains All American Pipeline pivots to crude oil pure play, enhancing fee-based EBITDA, dividend sustainability, and capitalizing on Permian Basin growth opportunities.
Plains All American Pipeline's Strategic NGL Divestiture Bolsters Permian Crude Oil Focus and Financial Strength
Plains All American Pipeline's $3.75B NGL divestiture sharpens Permian Basin crude oil focus, enhances financial health, and supports dividend sustainability.
Plains All American Pipeline (PAA): Strategic NGL Sale & Market Impact
Plains All American Pipeline (PAA) is strategically divesting its NGL business for $3.75 billion, streamlining operations amid volatile crude prices and rising interest rates.
Plains All American Pipeline (PAA) Financial Analysis & Strategy
An in-depth analysis of Plains All American Pipeline's recent financial results, dividend sustainability, strategic moves, and positioning within the evolving energy midstream sector.
PAA: Leadership Transition and Financial Analysis
Plains All American Pipeline (PAA) navigates leadership transition and market volatility. Dividend sustainability and debt management are key concerns amid fluctuating oil prices.
Plains All American Pipeline (PAA): Leadership Transition & Outlook
Analysis of Plains All American Pipeline (PAA): leadership transition, strategic outlook, financial health, and market dynamics.
PAA Analysis: Growth, Acquisitions, and Market Outlook
Analysis of Plains All American Pipeline (PAA): recent performance, strategic acquisitions like Ironwood Midstream Energy, financial health, and market outlook.
Plains All American Pipeline (PAA): Valuation, Dividends, and Growth
A deep dive into Plains All American Pipeline (PAA): valuation, financial health, dividend sustainability, M&A activity, and energy policy impacts.
Plains All American Pipeline (PAA): Analyzing Growth, Dividends, and Market Dynamics
Analysis of Plains All American Pipeline (PAA): Q4 results, acquisitions, dividend sustainability, and outlook. Key insights for investors and analysts.
Plains All American Pipeline (PAA): Q4 Earnings, Acquisitions & Industry Outlook
Comprehensive analysis of Plains All American Pipeline (PAA): Q4 2024 earnings, acquisition impact, capital structure, industry trends, and investment outlook.
Plains All American Pipeline (PAA): Growth, Dividends, and the Energy Transition in 2025
Plains All American Pipeline (PAA) navigates growth, dividends, and the energy transition in 2025. Strategic acquisitions and dividend sustainability are key. Regulatory changes pose challenges.
Plains All American Pipeline (PAA): Analysis of Q4 Earnings
Analysis of Plains All American Pipeline's (PAA) Q4 earnings, dividend, and market outlook. Understand PAA's challenges, opportunities, and strategic shifts.