Plains All American Pipeline LP - Company Profile
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Plains All American Pipeline LP (PAAP), a subsidiary of Plains GP Holdings LP, provides interstate and intrastate crude oil transportation, gathering, and marketing, terminalling, and storage services. A strategic asset base, gas transmission and midstream operations and the integrated crude oil pipeline and terminal systems are its major strengths, even as high dependency on the US could be a cause for concern. Nevertheless, joint venture agreements global consumption of liquid fuels, and the US crude oil refinery outlook could provide adequate growth opportunities to the company. However, fluctuations in oil and gas prices, intense competition and stringent regulations in North America could affect its operations.
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