Plains All American Pipeline, L.P. is a midstream energy infrastructure company that provides transportation, storage, gathering, logistics and related services for crude oil and natural gas liquids (NGLs). The company generally does not produce oil or gas; instead, it helps move and manage hydrocarbons from producing regions to refineries, processing facilities, export terminals and other end markets.
Plains operates an extensive network of pipelines, gathering systems, storage facilities, rail and truck transportation assets, and terminals. Its activities are concentrated in major North American producing regions, including the Permian Basin and other areas of the United States, as well as Western Canada. The company also provides supply, marketing and logistics services that connect producers, refiners and other commercial customers.
Plains All American Pipeline was established in 1988 and is headquartered in Houston, Texas. The partnership is managed by Plains All American GP LLC, and Willie Chiang serves as chairman and chief executive officer. Its common units trade on the Nasdaq under the symbol PAA.
AI Generated. May Contain Errors.