Plains All American Pipeline LP (PAA) company profile

Plains All American Pipeline, L.P. operates as an energy midstream entity organized into two primary operating segments: Crude Oil and Natural Gas Liquids (NGL). Through its network of pipelines, gathering systems, and terminal and storage facilities, the partnership engages in the gathering, transportation, terminalling, storage, fractionation, and processing of energy commodities. Its operations are supported by commercial activities that include crude oil purchases, lease gathering contracts, storage agreements, and power supply arrangements, catering to customers requiring midstream transport and capacity under contractual minimum volume commitments and long-term capacity agreements.

The partnership’s midstream asset footprint spans major North American producing basins and transportation corridors, featuring regional pipeline systems such as the Cactus II, Capline, Diamond, Eagle Ford, Saddlehorn, White Cliffs, and Wink to Webster pipelines, alongside gathering systems across the Permian Basin (including the Northern and Southern Delaware basins) and assets such as the Fort Saskatchewan facility. The text documents operations and financial reporting in both the United States and Canada (utilizing USD and CAD currencies), though an explicit city headquarters is not stated in the provided excerpt.

Summary of the business section of Plains All American Pipeline LP's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“As of December 31, 2025, GP LLC and PMC ULC employed approximately 3,900 people in North America, of which approximately 2,800 were employed in the U.S.”