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.

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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.

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

Plains All American (PAA) Up 6.1% Since Last Earnings Report: Can It Continue?

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After five painful years with three separate distribution reductions, Plains All American Pipeline has recently announced an intention to increase their distributions. If approved by the board, which seems very likely, this will amount to a very solid near 21% increase.

Plains All American Pipeline: A New Era Of Distribution Growth Beginning

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Plains All American Pipeline's (PAA) fourth-quarter earnings per unit are lower than expected but revenues surpass estimates.

Plains All American (PAA) Q4 Earnings Miss, Revenues Beat

Plains All American Pipeline's (PAA) CEO Willie Chiang on Q4 2021 Results - Earnings Call Transcript

HOUSTON, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported fourth-quarter and full-year 2021 results and provided the following updates:

Plains All American Reports Fourth-Quarter and Full-Year 2021 Results

Plains All American (PAA) possesses solid growth attributes, which could help it handily outperform the market.

Is Plains All American (PAA) a Solid Growth Stock? 3 Reasons to Think " Yes "

The mean of analysts' price targets for Plains All American (PAA) points to a 30.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Plains All American (PAA) Climb 31% to Reach the Level Wall Street Analysts Expect?

HOUSTON, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced they will release fourth-quarter and full-year 2021 earnings after market close on Wednesday, February 9, 2022 and will hold a joint webcast on the same day as follows:

Plains All American Pipeline and Plains GP Holdings Announce Timing of Fourth-Quarter and Full-Year 2021 Earnings

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After enduring five painful years with three distribution reductions, it seems that Plains All American Pipeline has finally bottomed in 2021. Whilst it was initially expected that their operating cash flow would be weighed down versus 2020, thankfully it has surprised and remained flat year-on-year.

Plains All American Pipeline: Higher Distributions Coming In 2022, Possible 10%+ Yield

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Higher commodity prices have made midstream energy operators financially stronger and healthier. This has allowed the likes of EPD, MPLX, MMP, PAA and WES to increase stockholder returns through buybacks.

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HOUSTON, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Plains All American -- In connection with the company's long-term succession plans, Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced that Robert Nobles (51), currently Senior Director Terminals Mid-Continent has been promoted to Vice President US Facilities and Rail.

Plains All American Announces Officer Promotion

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Why Is Plains All American (PAA) Down 12.6% Since Last Earnings Report?

Plains All American Pipeline's (PAA) third-quarter earnings are lower than expected. The JV with Oryx is set to generate more free cash flow for the firm.

Plains All American (PAA) Q3 Earnings Miss, Revenues Beat

Plains All American Pipeline, L.P. (PAA) CEO Willie Chiang on Q3 2021 Results - Earnings Call Transcript

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported third-quarter 2021 results and provided the following updates:

Plains All American Reports Third-Quarter 2021 Results

HOUSTON, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP) today announced the appointment of Dan Noack to the recently created role of Vice President, Emerging Energy and Process Optimization and the formation of a cross-functional Emerging Energy team, focused on positioning Plains to benefit from emerging energy opportunities.

Plains All American Appoints Vice President, Emerging Energy and Process Optimization; Forms Emerging Energy Team

HOUSTON, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP) (“Plains”) today announced that CME Group (Nasdaq: CME) (“CME”) will add Plains' Cushing Terminal as a delivery point to the NYMEX WTI Crude Oil Futures contract, offering market participants an additional outlet to utilize the delivery mechanism of the world's most liquid crude oil futures benchmark. The change will take effect November 8th, 2021 for the February 2022 contract month, pending regulatory review.

Plains' Cushing Terminal to Become Delivery Point for the Benchmark WTI Crude Oil Futures Contract

Midstream infrastructure is the best investment opportunity today. As such, there is an abundance of value to be found in the sector.

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HOUSTON and MIDLAND, Texas, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP) (“Plains”) and Oryx Midstream Holdings LLC (“Oryx”), a portfolio company of Stonepeak Infrastructure Partners, today announced that they have successfully completed the formation of their Permian Basin strategic joint venture. Plains Oryx Permian Basin LLC (the “JV”) includes all of Oryx's Permian assets and, with the exception of Plains' long-haul pipeline systems and certain of its intra-basin terminal assets, the vast majority of Plains' assets located within the Permian Basin.

Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture

HOUSTON, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced they will release third-quarter 2021 earnings after market close on Tuesday, November 2, 2021 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 2021 Earnings & Quarterly Earnings Timing for 2022

Plains All American Pipeline Is About To Break Out

News for Plains All American Pipeline Stock (PAA)