PAA - Plains All American Pipeline - Stock & Dividends

Plains All American Pipeline, LP is a leading energy infrastructure company that specializes in the transportation, storage, and gathering of crude oil and natural gas liquids (NGL) across the United States and Canada.

The company operates through two main business segments: Crude Oil and NGL. The Crude Oil segment is responsible for gathering and transporting crude oil through an extensive network of pipelines, gathering systems, trucks, and barges or railcars. Additionally, this segment provides terminaling, storage, and other facilities-related services, as well as merchant activities that involve buying and selling crude oil to optimize profits.

The NGL segment, on the other hand, is involved in the processing, fractionation, storage, transportation, and terminaling of natural gas liquids. This segment also produces various NGL components, including ethane, propane, normal butane, iso-butane, and natural gasoline, which are derived from natural gas production and processing activities, as well as crude oil refining processes. These NGL components have a wide range of applications, including heating, engine, and industrial fuels.

Founded in 1981, Plains All American Pipeline, LP is headquartered in Houston, Texas, and operates as a subsidiary of Plains GP Holdings, LP. With a strong commitment to safety, operational excellence, and customer service, the company has established itself as a trusted partner for energy producers, refiners, and marketers across North America.