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Plains All American Pipeline LP (PAA.N)

PAA.N on New York Stock Exchange

26.14USD
21 Jul 2017
Change (% chg)

$-0.33 (-1.25%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Plains All American Pipeline announces successful open season and expansion of Delaware basin to cushing pipeline system
Tuesday, 18 Jul 2017 04:17pm EDT 

July 18 (Reuters) - Plains All American Pipeline Lp :Plains All American Pipeline announces successful open season and expansion of Delaware basin to cushing pipeline system.Plains All American Pipeline - Subject to timely receipt of necessary permits , additional capacity is expected to be operational in early to mid-2019.Plains All American Pipeline LP - Pipeline system will deliver to plains' and third-party terminals in cushing, ok.Plains All American Pipeline LP - Announced a conclusion to open season for additional capacity from delaware basin to cushing, ok.Plains All American Pipeline - Partnership to accommodate volume increase of about 120,000 barrels per day of movements from Delaware Basin, Midland to cushing.  Full Article

Valero Energy, Plains All American Pipeline plan to challenge attempt to block proposed acquisition by Valero of certain plains assets
Wednesday, 12 Jul 2017 05:36pm EDT 

July 12 (Reuters) - Valero Energy Corp :Valero Energy Corporation and plains All American Pipeline, L.P. plan to challenge attempt to block proposed acquisition by Valero of certain plains assets.Valero Energy Corp - Court denied California Attorney General's motion for a temporary restraining order seeking to block proposed transaction.Valero Energy Corp - Valero plans to "meaningfully expand capacity at both Martinez and Richmond terminals"​.Valero Energy Corp - Valero's CEO Joe Gorder and Plains's CEO Greg Armstrong are "disappointed" by California Attorney General's action.Valero Energy Corp - FTC recently ended extensive investigation of transaction, ultimately concluding that transaction merited no regulatory action.Valero - ‍media report apparently based on filing by California Attorney General in U.S. District Court "mischaracterizing as a "merger"" a proposed deal.Valero - California AG is seeking to block​ ‍acquisition by a unit of co of 2 petroleum storage and distribution terminals located in Martinez, Richmond.  Full Article

BridgeTex Pipeline launches open season for expanded capacity
Thursday, 6 Jul 2017 08:59am EDT 

July 6 (Reuters) - Magellan Midstream Partners Lp :BridgeTex Pipeline launches open season for expanded capacity.Magellan Midstream Partners Lp - BridgeTex Pipeline was recently expanded from 300,000 barrels per day to a capacity of 400,000 bpd.Magellan Midstream Partners Lp - BridgeTex may further expand capacity of pipeline system up to approximately 440,000 bpd.Magellan Midstream -BridgeTex Pipeline recently expanded from 300,000 bpd to a capacity of 400,000 bpd to deliver permian basin crude oil to Houston Gulf Coast Area.Magellan Midstream Partners Lp - all potential customers must submit binding commitments by Aug. 4, 2017.  Full Article

Trafigura signs agreement with Plains All American to receive crude oil from Permian Basin
Wednesday, 5 Jul 2017 10:31am EDT 

July 5 (Reuters) - Trafigura Trading LLC : :Trafigura signs agreement with Plains All American Pipeline to receive crude oil and condensate from the Permian Basin to Corpus Christi, Texas.Trafigura Trading LLC- long term deal starting with immediate effect, enables Trafigura to get up to 100,000 barrels of product per day at Corpus Christi.Trafigura Trading - Commitment to enable co to buy from producers in Permian Basin, get crude, condensate for co's condensate splitters in Corpus Christi.  Full Article

Plains All American Pipeline Q1 adjusted net income per common unit $0.27
Monday, 8 May 2017 04:07pm EDT 

May 8 (Reuters) - Plains All American Pipeline LP ::Q1 adjusted net income per common unit $0.27.Q1 revenues $6,667 million versus $4,111 million last year.Q1 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Q1 revenue view $5.47 billion -- Thomson Reuters I/B/E/S.Qtrly diluted net income per common unit $0.58.Sees FY average daily volumes 5,400 mbbls/d.  Full Article

Plains All American Pipeline LP qtrly adjusted net income per unit $0.37
Tuesday, 7 Feb 2017 04:07pm EST 

Plains All American Pipeline LP : Plains All American Pipeline, L.P. and Plains GP Holdings report fourth-quarter and full-year 2016 results . Plains All American Pipeline LP qtrly adjusted net income per unit $0.37 . Plains All American Pipeline LP qtrly diluted net income per common unit $0.14 .Plains All American Pipeline LP qtrly revenues $5,952 million versus $4,996 million.  Full Article

Plains GP Holdings entered into an equity distribution agreement
Wednesday, 28 Dec 2016 06:02am EST 

Plains All American Pipeline Lp : On December 27, Plains GP Holdings entered into an equity distribution agreement - SEC filing .Pursuant to terms of agreement, PAGP may sell from class A shares having aggregate offering price of up to $500 million.  Full Article

Plains All American Pipeline enters into an equity distribution agreement
Thursday, 1 Dec 2016 06:04am EST 

Plains All American Pipeline Lp : Says on Nov 30, partnership entered into an equity distribution agreement .Plains may sell through managers, common units representing limited partner interests having offering price of up to $750 million.  Full Article

Plains All American Pipeline entered third amendment to credit agreement - SEC filing
Wednesday, 17 Aug 2016 03:05pm EDT 

Plains All American Pipeline Lp : On August 11, co entered into certain third amendment to credit agreement - SEC filing . Amendment, among other things, extends the maturity date from August 16, 2020 to August 16, 2021 .Maturity date of revolving credit agreement with respect to each non-extending lender remains August 16, 2020.  Full Article

Plains All, Phillips 66 partners announce stack pipeline JV
Wednesday, 3 Aug 2016 06:03pm EDT 

Plains All American Pipeline Lp : Plains all american pipeline and phillips 66 partners announce stack pipeline joint venture and expansion plans . Stack pipeline, initial expansion supported by multiple long-term contracts as well as legacy production gathered by existing plains crude oil pipelines . Under jv agreement, plains contributed an existing terminal located at cashion, okla. . Plains all american pipeline lp says jv plans to invest an estimated $15 million to expand stack pipeline by constructing a truck station at highway 33 .Phillips 66 partners contributed $50 million cash, will be distributed to plains, exchange for a 50 percent interest in jv.  Full Article

BRIEF-Plains All American Pipeline announces successful open season and expansion of Delaware basin to cushing pipeline system

* Plains All American Pipeline announces successful open season and expansion of Delaware basin to cushing pipeline system