Plains All American Pipeline LP PAAPU

Primary Symbol: PAA

Energy Oil & Gas Equipment & Services

Plains All American Pipeline, L.P. is a midstream service provider in North America. The Company owns a network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and natural gas liquids (NGL) producing basins (including the Permian Basin) and transportation corridors and at major market hubs in the United States and Canada. It has two segments: Crude Oil and Natural Gas Liquids (NGL). Its Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other facilities-related services utilizing its integrated assets across the United States and Canada. Its NGL segment operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. NGL segment is involved in gathering, fractionation, storage, and/or terminalling services to third-party customers.

NDAQ:PAA - Post by User

Plains All American Pipeline LP

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Post by FLYINon Apr 08, 2020 2:15pm

287 Views

Post# 30891143

Dividend cut

Not as bad as I was suspecting but $0.18 instead of $0.36
Their pipelines are full for the next couple of years, regardless of what Saudi and Russia do. What matters is what the flow meters say.
cheers
Flyin

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