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Plains All American Pipeline LP (PAA.N)

PAA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Reg-Andeavor Logistics Sees Q4 Earnings Per Share $0.25
Thursday, 15 Feb 2018 04:50pm EST 

Feb 15 (Reuters) - Andeavor Logistics Lp ::REG-ANDEAVOR LOGISTICS LP REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.SEES Q4 EARNINGS PER SHARE $0.25.Q4 EARNINGS PER SHARE $0.25.‍2018 GUIDANCE OF INVESTING $400 TO $500 MILLION IN DROP DOWNS​.ALSO PLANS TO INVEST THIS YEAR IN PERMIAN DROP DOWN​.HAS BEEN AWARDED TWO NEW CRUDE OIL GATHERING PROJECTS IN DELAWARE BASIN.ANDEAVOR LOGISTICS- EXPECTS CAPITAL INVESTMENT OF $25 MILLION TO $30 MILLION, WITH NEW DELAWARE BASIN PROJECT COMPLETIONS ANTICIPATED LATE 2018 AND EARLY 2019.ANDEAVOR LOGISTICS - NEW DELAWARE BASIN PROJECTS ARE EXPECTED TO DELIVER ANNUAL NET EARNINGS OF $2 TO $3 MILLION AND $4 TO $5 MILLION OF EBITDA IN 2019.ANDEAVOR LOGISTICS - PLANS TO BUILD AND OPERATE NORTH DAKOTA LOGISTICS HUB TO PROVIDE LOGISTICS SOLUTIONS FOR INCREASING BAKKEN NGL PRODUCTION.ANDEAVOR LOGISTICS - CAPITAL INVESTMENT FOR NEW NGL LOGISTICS HUB TO BE $140 TO $150 MILLION, PARTIAL COMMERCIAL OPERATIONS ARE ESTIMATED TO BEGIN IN 2018.NEW NGL LOGISTICS HUB IS EXPECTED TO DELIVER ANNUAL NET EARNINGS OF $15 TO $19 MILLION AND $22 TO $26 MILLION OF ANNUAL EBITDA.ANDEAVOR LOGISTICS - AGREEMENT TO ACQUIRE WAMSUTTER PIPELINE SYSTEM FROM PLAINS ALL AMERICAN PIPELINE FOR $180 MILLION.EXPECTS WAMSUTTER PIPELINE SYSTEM TO PROVIDE ANNUAL NET EARNINGS OF $8 MILLION TO $12 MILLION AND EBITDA OF $20 MILLION TO $24 MILLION.  Full Article

Andeavor Logistics Reports Q4 EPS Of $0.25
Thursday, 15 Feb 2018 04:50pm EST 

Feb 15 (Reuters) - Andeavor Logistics Lp ::ANDEAVOR LOGISTICS LP REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.25.ANDEAVOR LOGISTICS - REPORTS Q4 EARNINGS PER SHARE $0.25.‍2018 GUIDANCE OF INVESTING $400 TO $500 MILLION IN DROP DOWNS​.ALSO PLANS TO INVEST THIS YEAR IN PERMIAN DROP DOWN​.HAS BEEN AWARDED TWO NEW CRUDE OIL GATHERING PROJECTS IN DELAWARE BASIN.ANDEAVOR LOGISTICS- EXPECTS CAPITAL INVESTMENT OF $25 MILLION TO $30 MILLION, WITH NEW DELAWARE BASIN PROJECT COMPLETIONS ANTICIPATED LATE 2018 AND EARLY 2019.ANDEAVOR LOGISTICS - NEW DELAWARE BASIN PROJECTS ARE EXPECTED TO DELIVER ANNUAL NET EARNINGS OF $2 TO $3 MILLION AND $4 TO $5 MILLION OF EBITDA IN 2019.ANDEAVOR LOGISTICS - PLANS TO BUILD AND OPERATE NORTH DAKOTA LOGISTICS HUB TO PROVIDE LOGISTICS SOLUTIONS FOR INCREASING BAKKEN NGL PRODUCTION.ANDEAVOR LOGISTICS - CAPITAL INVESTMENT FOR NEW NGL LOGISTICS HUB TO BE $140 TO $150 MILLION, PARTIAL COMMERCIAL OPERATIONS ARE ESTIMATED TO BEGIN IN 2018.NEW NGL LOGISTICS HUB IS EXPECTED TO DELIVER ANNUAL NET EARNINGS OF $15 TO $19 MILLION AND $22 TO $26 MILLION OF ANNUAL EBITDA.ANDEAVOR LOGISTICS - AGREEMENT TO ACQUIRE WAMSUTTER PIPELINE SYSTEM FROM PLAINS ALL AMERICAN PIPELINE FOR $180 MILLION.EXPECTS WAMSUTTER PIPELINE SYSTEM TO PROVIDE ANNUAL NET EARNINGS OF $8 MILLION TO $12 MILLION AND EBITDA OF $20 MILLION TO $24 MILLION.  Full Article

Plains All American Pipeline Announces Open Season For Permian Basin To Corpus Christi Pipeline
Wednesday, 13 Dec 2017 08:30am EST 

Dec 13 (Reuters) - Plains All American Pipeline Lp ::PLAINS ALL AMERICAN PIPELINE ANNOUNCES OPEN SEASON FOR PERMIAN BASIN TO CORPUS CHRISTI PIPELINE.PLAINS ALL AMERICAN PIPELINE LP - ‍POTENTIAL TO ADD UP TO 575,000 BARRELS PER DAY OF PERMIAN BASIN PIPELINE TAKEAWAY CAPACITY​.PLAINS ALL AMERICAN - ‍UNIT GOT SUFFICIENT CUSTOMER INTEREST TO CONDUCT BINDING OPEN SEASON FOR COMMITTED CRUDE OIL TRANSPORTATION TO CORPUS CHRISTI/INGLESIDE AREA​.PLAINS ALL AMERICAN PIPELINE LP - ‍SUBJECT TO RECEIPT OF NECESSARY PERMITS AND REGULATORY APPROVALS, PIPELINE COULD BE OPERATIONAL IN THIRD-QUARTER 2019​.  Full Article

Plains All American Pipeline Says Selling Unitholders May Offer About 69.7 Mln Common Units
Friday, 1 Dec 2017 06:13am EST 

Dec 1 (Reuters) - Plains All American Pipeline Lp ::PLAINS ALL AMERICAN PIPELINE - SELLING UNITHOLDERS MAY OFFER AND SELL ABOUT 69.7 MILLION COMMON UNITS REPRESENTING LIMITED PARTNER INTERESTS IN‍​ CO.PLAINS ALL AMERICAN PIPELINE - UNITS THAT MAY BE OFFERED ISSUABLE UPON CONVERSION OF 69.7 MILLION SERIES A CONVERTIBLE PREFERRED UNITS.  Full Article

Bridgetex Pipeline To Further Expand, Launches Supplemental Open Season For Additional Capacity
Thursday, 30 Nov 2017 04:37pm EST 

Nov 30 (Reuters) - Magellan Midstream Partners Lp ::BRIDGETEX PIPELINE TO FURTHER EXPAND, LAUNCHES SUPPLEMENTAL OPEN SEASON FOR ADDITIONAL CAPACITY.MAGELLAN MIDSTREAM PARTNERS LP - BRIDGETEX PIPELINE'S ADDITIONAL 40,000 BPD OF CAPACITY IS EXPECTED TO BE OPERATIONAL IN EARLY 2019.MAGELLAN MIDSTREAM PARTNERS LP - ‍ BRIDGETEX IS EXPANDING PIPELINE SYSTEM AGAIN, FOR A NEW CAPACITY OF APPROXIMATELY 440,000 BARRELS PER DAY​.MAGELLAN MIDSTREAM PARTNERS LP - HAS LAUNCHED A SUPPLEMENTAL OPEN SEASON TO ASSESS CUSTOMER INTEREST FOR EXPANDED CAPACITY.MAGELLAN MIDSTREAM PARTNERS LP - ALL POTENTIAL CUSTOMERS MUST SUBMIT BINDING COMMITMENTS FOR BRIDGETEX PIPELINE BY DEC. 30, 2017.  Full Article

TransMontaigne Partners to buy west coast refined product, crude oil terminals
Wednesday, 8 Nov 2017 04:33pm EST 

Nov 8 (Reuters) - TransMontaigne Partners Lp ::TransMontaigne Partners L.P. announces agreement to acquire two west coast refined product and crude oil terminals from Plains All American Pipeline, L.P..TransMontaigne Partners Lp - deal expected to be financed through proceeds of a common unit offering and cash available from other sources​.TransMontaigne Partners Lp - deal for a total purchase price of $275 million​.  Full Article

Plains All American: Willie Chiang to replace Greg Armstrong as CEO
Monday, 6 Nov 2017 04:10pm EST 

Nov 6 (Reuters) - Plains All American Pipeline Lp :Greg Armstrong has informed board of his plans to retire as ceo at end of 2018​.Willie Chiang, current EVP and COO - U.S., will become CEO upon Armstrong's retirement​.Armstrong will continue as non-executive chairman of board of directors through December 2019​.  Full Article

Plains All American Pipeline and Plains GP report third-quarter results
Monday, 6 Nov 2017 04:05pm EST 

Nov 6 (Reuters) - Plains All American Pipeline Lp :Plains All American Pipeline, L.P. and Plains GP Holdings report third-quarter 2017 results and update 2017 full-year guidance.Plains All American Pipeline LP qtrly diluted net loss per common unit $0.01 ‍​.Plains All American Pipeline LP qtrly diluted adjusted net income per common unit $0.21 ‍​.Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Plains All American Pipeline LP - qtrly revenues $‍5,873​ million versus $5,170 million.Q3 revenue view $6.06 billion -- Thomson Reuters I/B/E/S.  Full Article

CVR Refining and Plains All American announce joint venture
Wednesday, 1 Nov 2017 08:30am EDT 

Nov 1 (Reuters) - Plains All American Pipeline Lp :CVR Refining and Plains All American Pipeline announce the acquisition of certain Plains' Pipeline assets by CVR and formation of Midway Pipeline, LLC joint venture.CVR Refining - ‍CVR refining and Plains All American Pipeline announced formation of a 50/50 joint venture, Midway Pipeline​.CVR Refining LP - ‍Midway Pipeline acquired approximately 100-mile, 16-inch Cushing to Broome pipeline system from Plains​.CVR Refining LP -‍in separate deal, CVR Refining, Plains announced CVR Refining agreed to acquire Cushing to Ellis crude oil pipeline system from Plains​.  Full Article

Centurion's oil pipeline shut after spill - regulator
Wednesday, 11 Oct 2017 05:51pm EDT 

Oct 11 (Reuters) - US pipeline regulator PHMSA::Centurion's oil pipeline shut down after Oklahoma spill.  Full Article

BRIEF-Plains All American Announces Addition To Senior Management

* PLAINS ALL AMERICAN ANNOUNCES PROMOTION AND ADDITION TO ITS SENIOR MANAGEMENT TEAM Source text for Eikon: Further company coverage: