Plains All American Pipeline (NYSE:PAA) (NYSE: PAA) is a prominent North American midstream energy company that specializes in the transportation, storage and marketing of crude oil, natural gas liquids (NGLs) and refined products. The partnership’s integrated infrastructure network supports the movement of hydrocarbons from major supply basins to domestic and export markets, providing connectivity between production areas, refineries and marine terminals. Plains All American’s services include long-haul and short-haul pipeline systems, inventory services and fee-based storage contracts, helping producers and refiners optimize supply chains and manage market access.
The company operates an extensive onshore pipeline network that spans major U.S. shale plays such as the Permian Basin, Eagle Ford, Bakken and Niobrara. It also maintains strategic holdings along the Gulf Coast, including deepwater offloading facilities and coastal terminals that facilitate crude oil exports. Key marine terminals at Corpus Christi, Ingleside and Long Beach enable the loading of very large crude carriers (VLCCs) and Aframax vessels, enhancing Plains All American’s ability to serve global buyers in Europe, Asia and beyond.
In addition to crude oil logistics, Plains All American provides NGL fractionation, storage and marketing services through its Gulf Coast fractionation complex. The company’s NGL infrastructure includes fractionators, pipelines and storage tanks that support the separation and distribution of ethane, propane, butane and natural gasoline. These operations link natural gas processing plants in the Mid-Continent and Permian regions to domestic petrochemical facilities and export markets, positioning the partnership as a vital link in the growing NGL value chain.
Founded in 1998 and headquartered in Houston, Texas, Plains All American has grown through disciplined capital investment and strategic acquisitions to become one of the largest publicly traded midstream partnerships. Under the leadership of Willie Chiang, who has served as president and chief executive officer since 2012, the company emphasizes operational reliability, safety and environmental stewardship. Plains All American continues to explore opportunities to expand its asset base and enhance connectivity for both onshore and marine supply routes across North America.
