Plains All American Pipeline LP operates midstream energy infrastructure for crude oil and natural gas liquids, employing 4,200 people and headquartered in Houston, Texas. The company has extensive assets in key production basins and major market hubs across the U.S. and Canada.
PAA has been in the news recently: Plains All American Pipeline, L.P. reported first-quarter revenue of $12.011 billion, which was below the expected $14.26 billion, leading to a decline in PAA shares. This financial performance came amid mixed U.S. stock futures following a three-day winning streak.
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