View source for Plains All American Pipeline

Plains All American Pipeline, L.P., a master limited partnership, operates in pipeline transport, marketing, and storage of petroleum products in the US and Canada. Founded as Plains Resources in 1981, it went public in 1998 and expanded through numerous acquisitions. The company owns extensive pipeline networks and storage facilities, with a headquarters in Houston and traded under NASDAQ: PPA.

Financially, they reported profits nine out of ten years between 2013-2022 but incurred a $2.59 billion loss in 2020 due to COVID-19 impacts. Their credit ratings remain investment grade as of August 2023.

In environmental matters, their CO2e emissions were 1,929 Kt in 2020, reflecting a 13.1% reduction. However, the company faced several controversies, including:


This summary encapsulates key aspects of the company's operations, financials, environmental impact, and controversies.