Last $59.56 USD
Change Today +0.16 / 0.27%
Volume 619.5K
PAA On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

plains all amer pipeline lp (PAA) Snapshot

Open
$59.43
Previous Close
$59.40
Day High
$59.83
Day Low
$59.32
52 Week High
07/23/14 - $60.60
52 Week Low
12/12/13 - $47.26
Market Cap
22.0B
Average Volume 10 Days
827.3K
EPS TTM
$2.26
Shares Outstanding
368.9M
EX-Date
07/30/14
P/E TM
26.4x
Dividend
$2.58
Dividend Yield
4.18%
Current Stock Chart for PLAINS ALL AMER PIPELINE LP (PAA)

plains all amer pipeline lp (PAA) Details

Plains All American Pipeline, L.P., together with its subsidiaries, is engaged in transporting, storing, terminalling, and marketing crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2013, this segment owned and leased 16,900 miles of active crude oil, and NGL and gathering systems; 24 million barrels of active and above-ground tank capacity; 744 trailers; and 130 transport and storage barges, as well as 62 transport tugs. The Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, and NGL and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2013, this segment owned and operated approximately 74 million barrels of crude oil and refined products storage capacity; 23 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 17 billion cubic feet of base gas; 11 natural gas processing plants; 1 condensate stabilization facility; 7 fractionation plants; 24 crude oil and NGL rail terminals; and 1,250 miles of active pipelines. The Supply and Logistics segment purchases crude oil at the wellhead, pipeline, and terminal and rail facilities; cargos at their load port and various other locations in transit; NGL from producers, refiners, processors, and other marketers. This segment also stores inventory and NGL; resells or exchanges crude oil and NGL; and transports crude oil and NGL on trucks, barges, railcars, pipelines, and ocean-going vessels. As of December 31, 2013, this segment owned 843 trucks and 982 trailers, and 7,400 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

Founded in 1998

plains all amer pipeline lp (PAA) Top Compensated Officers

Chairman of Plains All American GP LLC and Ch...
Total Annual Compensation: $4.8M
President of Plains All American GP LLC and C...
Total Annual Compensation: $4.6M
Chief Financial Officer of Plains All America...
Total Annual Compensation: $2.1M
President of Plains Midstream Canada of Plain...
Total Annual Compensation: $4.2M
Executive Vice President of Commercial Activi...
Total Annual Compensation: $5.5M
Compensation as of Fiscal Year 2013.

plains all amer pipeline lp (PAA) Key Developments

Plains All American Pipeline, L.P to Build Pipeline from Cushing to Memphis as Part of Agreement with Valero Energy

Plains All American Pipeline, L.P announced that it will construct the Diamond Pipeline. The Diamond Pipeline is a 440-mile, 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla., terminal to the Valero Memphis Refinery, in Tennessee, and the ability to access nearby Valero Energy Partners' Collierville pipeline. The total project investment is expected to be approximately $900 million and is expected to be completed in late 2016. The Diamond Pipeline project is part of a long-term shipping agreement with VLP and a related contract for storage and terminaling services at the Plains Cushing Terminal. VLP holds an option until January 2016 to become a partner in the Diamond Pipeline and purchase a 50% interest.

Plains All American Pipeline, L.P. to Construct Diamond Pipeline

Plains All American Pipeline, L.P. announced it will construct the Diamond Pipeline, a 440-mile, 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla. terminal to the Valero Memphis Refinery, and the ability to access Valero Energy Partner's Collierville pipeline. The total project investment is expected to be approximately $900 million and is expected to be completed in late 2016. The Diamond Pipeline project is underpinned by a long-term shipping agreement with Valero and a related contract for storage and terminalling services at the Plains Cushing Terminal. Valero holds an option until January 2016 to become a partner in the Diamond Pipeline and purchase a 50% interest. Construction of the pipeline will enhance the refinery's long-term ability to produce gasoline, diesel and jet fuel for the greater Memphis and eastern Arkansas area.

Plains All American Pipeline, L.P. Enters Third Amended and Restated Credit Agreement

Effective on and as of August 16, 2014, pursuant to Section 2.14 of that certain Third Amended and Restated Credit Agreement dated as of August 19, 2011 among Plains Marketing, L.P. and Plains Midstream Canada ULC (PMC), as Borrowers; Plains All American Pipeline, L.P., as Guarantor; Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer; Wells Fargo Bank, National Association, as an L/C Issuer; and the other Lenders party thereto (as amended, the Hedged Inventory Facility), each Lender under the Hedged Inventory Facility consented to an extension of such Lender's Maturity Date for one additional year from the Existing Maturity Date. As a result, the Maturity Date of each Lender has been extended to August 16, 2017. Terms used but not defined herein have the meanings assigned to them in the Hedged Inventory Facility. Effective on and as of August 16, 2014, pursuant to Section 2.14 of that certain Credit Agreement dated as of August 19, 2011 among the company and PMC, as Borrowers; Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer; Wells Fargo Bank, National Association, as an L/C Issuer; and the other Lenders party thereto (as amended, the Credit Agreement), each Lender under the Credit Agreement consented to an extension of such Lender's Maturity Date for one additional year from the Existing Maturity Date. As a result, the Maturity Date of each Lender has been extended to August 16, 2019. Terms used but not defined herein have the meanings assigned to them in the Credit Agreement.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PAA:US $59.56 USD +0.16

PAA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PAA.
View Industry Companies
 

Industry Analysis

PAA

Industry Average

Valuation PAA Industry Range
No financial data is available for PAA.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PLAINS ALL AMER PIPELINE LP, please visit www.paalp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.