What does Plains All American Pipeline do?

What does Plains All American Pipeline do?

Plains All American Pipeline (NASDAQ: PAA) is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids and natural gas.

Who owns American pipeline?

It owns interests in 18,370 miles (29,560 km) of pipelines, storage capacity for about 75 million barrels of crude oil, 28 million barrels of NGLs, and 68 billion cubic feet of natural gas, and 5 natural gas processing plants….Plains All American Pipeline.

Is Plains All American for sale?

Plains All American Pipeline (PAA, PAGP) agrees to sell its Pine Prairie and Southern Pines natural gas storage facilities to Hartree Partners for $850M.

How many employees does Plains All American Pipeline have?

4,800 employees
With more than 4,800 employees in the U.S. and Canada, we employ a diverse range of people with varied skills and backgrounds, all working towards a common goal: to provide strong value for our stakeholders and customers through our expertise in transportation, gathering, marketing, storage and terminalling of crude …

Who bought plains?

Tulsa-based Magellan acquired the assets from Plains All American Pipeline LP. The 250-mile system transports refined petroleum products from El Paso, Texas, to Albuquerque, N.M., and transports products south for delivery into Mexico via a third-party pipeline.

What is Plains GP?

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics.

Does PAA issue a k1?

PAA’s common units are traded on the NASDAQ Stock Market under the symbol “PAA.” Investors in PAA receive a K-1. To learn more about our publicly traded master limited partnership, Plains All American Pipeline (NASDAQ: PAA), please click here.