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 dependence on limited customers could be a cause for concern. Nevertheless, growth initiatives, strategic acquisitions, and global outlook for oil and gas market could provide adequate growth opportunities for 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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