Plains All American Pipeline

Plains All American Pipeline LP engages in the provision of logistics services and owns midstream energy infrastructure. It operates through the following business segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment includes transporting crude oil and natural gas liquids (NGL) on pipelines, gathering systems, and trucks. The Facilities segment offers storage, terminalling, and throughput services primarily for crude oil and NGL, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment is involved in the sale of gathered and bulk-purchased crude oil, as well as the sale of NGL volumes. The company was founded in 1998 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Plains All American Pipeline (PAA) excels in Q4 earnings, eyes growth opportunities

Plains All American Pipeline (PAA) reported robust financial performance, exceeding expectations in key segments and announcing a distribution increase.
The company's strengths lie in its attractive asset base, financial discipline, and operational resilience, with opportunities seen in growth initiatives and strategic investments.
Challenges include market impacts, credit rating maintenance, and balancing financial assumptions, all of which require careful management.
Overall, PAA's focus on capital discipline, debt reduction, and value creation through strategic actions positions it well for future growth and stability.

Plains All American Pipeline reports robust earnings and growth strategies

Plains All American Pipeline (PAA) demonstrates strong financial performance and strategic focus on growth and stability. While facing challenges in customer contracts and M&A impacts, the company is well-positioned to capitalize on NGL opportunities and energy transition initiatives.

Plains All American Pipeline reports strong Q2 results and strategic acquisitions

Plains All American Pipeline (PAA) showcased robust performance, strategic acquisitions, and disciplined financial management in Q2 2023.
While facing challenges like weather impacts and supply agreement expirations, PAA aims to capitalize on opportunities for growth and efficiency.
Maintaining a focus on fee-based earnings, capital discipline, and shareholder value, PAA navigates market complexities with a prudent approach.

Plains All American Pipeline excels in Q3, eyes growth opportunities

Plains All American Pipeline demonstrates strong financial performance and strategic foresight, positioning for sustainable growth and shareholder value creation.
While facing challenges such as volatility in frac spread and increased maintenance capital budget, the company's prudent financial management and operational efficiency are key strengths.
Opportunities lie in leveraging growth prospects in the crude oil business, annualized distribution increases, and strategic acquisitions to drive future success.

Plains All American Pipeline (PAA) surpasses expectations, eyes growth opportunities

Plains All American Pipeline (PAA) delivered strong financial performance, enhanced balance sheet, and outlined key focus areas for 2024. Despite challenges from geopolitical factors and segment headwinds, PAA remains focused on growth and value creation.

Plains All American Pipeline posts strong Q1 results and eyes growth opportunities amidst challenges

Plains All American Pipeline (PAA) delivers robust Q1 results, reaffirms 2024 outlook, and focuses on capital discipline.
Strategic acquisitions, contract extensions, and Permian growth plans drive optimism amidst market challenges.
Maintaining financial flexibility, generating free cash flow, and prudent capital allocation key to sustained growth.
Addressing operational challenges while seizing growth opportunities positions PAA for long-term success.

Plains All American Pipeline (PAA) beats Q2 expectations and boosts full-year guidance

Plains All American Pipeline (PAA) reported robust Q2 results, exceeding expectations and raising full-year guidance. The company's focus on disciplined strategies, operational strength, and cash flow discipline underpin its performance. While challenges like market volatility persist, PAA's opportunities lie in further acquisitions and optimizing its cash flow profile for sustainable growth.

Plains All American Pipeline excels in Q3, resolves lawsuits

Plains All American Pipeline is on track to meet or exceed financial targets for 2024, driven by strong operational performance.
Despite legal challenges, the company's focus on efficient growth, financial flexibility, and capital allocation strengths position it well for the future.
Resolving legal issues and capitalizing on growth opportunities in the Permian region are key priorities for Plains.
Investors can find confidence in Plains' improved credit rating, stable outlook, and commitment to value creation.

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Plains All American Pipeline LP engages in the operation of midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids, and natural gas. It operates through the Crude Oil and Natural Gas Liquids (NGL) segments. The Crude Oil segment refers to the pipeline transportation, terminalling, storage, and gathering assets. The NGL segment produces basins and transportation corridors. The company was founded by Greg L. Armstrong in 1998 and is headquartered in Houston, TX.

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HOUSTON, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced they will release third-quarter 2022 earnings after market close on Wednesday, November 2, 2022 and will hold a joint webcast on the same day as follows:

Plains All American Pipeline and Plains GP Holdings Announce Timing of Third-Quarter 2022 Earnings & Quarterly Earnings Timing for 2023

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Plains All American Pipeline started 2022 on a positive note by increasing their distributions near 21% higher. This marked an end to a painful era that saw multiple cuts across the last few years.

Plains All American Pipeline: Get Ready For A 10%+ Yield

Plains All American Pipeline is one of the largest and most well-known midstream partnerships in the United States. The company derives about 80% of its cash flow from the transportation of crude oil, which limits its growth compared to natural gas-focused peers.

Plains All American Pipeline: Good Yield But Don't Bet On Growth

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Plains All American is a growth story in which cash flow could increase by 50%-75% over the next four years. The company will reach its leverage target by year's end.

Plains All American's Growth Story Intact, For Now

Plains All American (PAA) reported earnings 30 days ago. What's next for the stock?

Why Is Plains All American (PAA) Up 5.4% Since Last Earnings Report?

HOUSTON, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) (the “Partnership”) today announced that its 2021 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican.

Plains All American's 2021 Schedule K-3 Now Available

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CALGARY, Alberta, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Plains Midstream Canada, a subsidiary of Plains All American (Nasdaq: PAA & PAGP ) (“Plains”), announced today it is exploring the expansion of its Fort Saskatchewan facility with strategic partners. The expansion would leverage existing infrastructure and add 50,000 barrels per day of C3+ fractionation capacity, while maintaining the flexibility to deliver a propane/butane mix to Plains' fractionation facility in Sarnia, Ont.

Plains Midstream Canada Pursuing Fort Saskatchewan Facility Expansion

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Plains All American (PAA) second-quarter earnings benefit from increased volume and higher commodity prices.

Plains All American (PAA) Q2 Earnings & Revenues Top Estimates

The average of price targets set by Wall Street analysts indicates a potential upside of 29% in Plains All American (PAA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Plains All American (PAA)? Wall Street Analysts Think 29%

Plains All American Pipeline LP (NASDAQ:PAA ) Q2 2022 Earnings Conference Call August 3, 2022 5:30 PM ET Company Participants Roy Lamoreaux - VP of IR, Communications & Government Relations Wilfred Chiang - Chairman & CEO Al Swanson - EVP & CFO Christopher Chandler - EVP & COO Jeremy Goebel - EVP & Chief Commercial Officer Conference Call Participants Jean Salisbury - Sanford C. Bernstein & Co. Keith Stanley - Wolfe Research Colton Bean - Tudor, Pickering, Holt & Co. Sunil Sibal - Seaport Global Securities Jeremy Tonet - JPMorgan Chase & Co. Brian Reynolds - UBS Neal Dingmann - Truist Securities Operator Good day, and welcome to the Plains All American Pipeline Second Quarter Earnings Call.

Plains All American Pipeline LP (PAA) CEO Wilfred Chiang on Q2 2022 Results - Earnings Call Transcript

HOUSTON, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today reported second-quarter 2022 results and provided the following updates:

Plains All American Reports Second-Quarter 2022 Results

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What's in Store for Plains All American's (PAA) Q2 Earnings?

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HOUSTON, July 28, 2022 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq:  PAA  &  PAGP ) today announced the release of its 2021 Sustainability Report, offering updates on the company's efforts to continuously improve environmental, social and governance (ESG) performance.

Plains All American Releases 2021 Sustainability Report

HOUSTON, July 27, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq:  PAA ) and Plains GP Holdings (Nasdaq:  PAGP ) today announced that Ellen R. DeSanctis has been appointed, effective August 15, 2022, as an independent member of the Board of Directors of PAA GP Holdings LLC (“GP Holdings”) serving in Class I. She will also serve as a member of the Audit Committee and Health, Safety, Environmental and Sustainability Committee. The GP Holdings Board has responsibility for managing the business and affairs of PAA and PAGP.

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Appointment of New Board Member

News for Plains All American Pipeline Stock (PAA)