PAA Plains All American Pipeline L.P.

Plains Publishes 2022 Sustainability Report

Plains Publishes 2022 Sustainability Report

HOUSTON, July 24, 2023 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: & ) announced today the publication of its .

“2022 marked a year of exceptional performance for Plains in which we remained focused on executing our strategy despite geopolitical turmoil and market volatility. We achieved record safety and environmental performance and made notable progress on additional initiatives that strengthen the long-term sustainability of our business,” said Willie Chiang, Chairman and CEO of Plains.

“Our comprehensive 2022 Sustainability Report details Plains’ approach to delivering critical energy resources throughout North America in a responsible manner that optimizes long-term value and social benefit. Our sustainability efforts are rooted in our Core Values, align with our commitment to continuous improvement, and are essential to our goal of being the investment, employer and partner of choice.”

Additional highlights from Plains’ 2022 sustainability report include:

  • Publication of a Greenhouse Gas Reduction Strategy
  • Increased diversity among our workforce and Board of Directors
  • Alignment with the Task Force on Climate-Related Financial Disclosures (TCFD)
  • Updated Sustainability Strategy centered on the principles of building long-term relationships of trust among stakeholders, improving quality of life while minimizing environmental impacts, as well as managing risks and maximizing long-term value

About Plains

PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA transports approximately eight million barrels per day of crude oil and NGL.

PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America.

PAA and PAGP are headquartered in Houston, Texas. For more information, please visit .

Contacts:

Blake Fernandez

Investor Relations

(866) 809-1291

Roy Lamoreaux

Communications, Sustainability & Public Affairs

(866) 809-1290



EN
24/07/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Plains All American Pipeline L.P.

Moody's Ratings said PAA's $3 billion divestment of Canadian NGL busin...

Moody's Ratings (Moody's) said Plains All American Pipeline L.P.'s (PAA, Baa2 stable) divestment of its Canadian NGL business, valued at $3.75 billion, is considered credit neutral and has not affected its ratings or outlook. This transaction provides strategic flexibility for PAA to reinvest capita...

 PRESS RELEASE

Plains All American Executes Definitive Agreements for $3.75 Billion S...

Plains All American Executes Definitive Agreements for $3.75 Billion Sale of NGL Business to Keyera HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: ) and Plains GP Holdings (Nasdaq: ) (collectively, “Plains”) announced today that it has executed definitive agreements with Keyera Corp. (TSX: KEY) (“Keyera”) pursuant to which Plains will sell substantially all of its NGL business to Keyera for a total cash consideration of approximately $5.15 Billion CAD ($3.75 Billion USD). The transaction is expected to close in the first quarter of 2026, and is sub...

 PRESS RELEASE

Plains All American Reports First-Quarter 2025 Results

Plains All American Reports First-Quarter 2025 Results HOUSTON, May 09, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: ) and Plains GP Holdings (Nasdaq: ) today reported first-quarter 2025 results and provided the following highlights: First-Quarter Results Reported net income attributable to PAA of $443 million and net cash provided by operating activities of $639 millionDelivered Adjusted EBITDA attributable to PAA of $754 millionExited the quarter with 3.3x leverage ratio, toward the low end of our target range of 3.25x - 3.75x (includes previously annou...

 PRESS RELEASE

Plains All American Pipeline and Plains GP Holdings Announce Quarterly...

Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of First Quarter 2025 Earnings HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: ) and Plains GP Holdings (Nasdaq: ) announced today their quarterly distributions with respect to the first quarter of 2025 and also announced timing of first quarter 2025 earnings. First Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions, each of which will be payable on May 15, 2025 to holders of the respective securities at t...

 PRESS RELEASE

Plains Announces Retirement of President Harry Pefanis and Assignment ...

Plains Announces Retirement of President Harry Pefanis and Assignment Updates to Board of Directors HOUSTON, March 26, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: ) and Plains GP Holdings (Nasdaq: ) announced today that Harry Pefanis will retire as President of Plains effective June 1, 2025. Willie Chiang, Chairman of the Board and CEO, will assume the role of President effective upon the retirement of Mr. Pefanis. In addition, Plains announced updates to the lead director position and certain committee assignments for its Board of Directors that will also be effe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch