Welcome to our dedicated page for Plains All Amer news (Ticker: PAA), a resource for investors and traders seeking the latest updates and insights on Plains All Amer stock.
Plains All American Pipeline, L.P. operates as a publicly traded master limited partnership focused on midstream energy infrastructure and logistics for crude oil and natural gas liquids. Its network includes pipeline gathering and transportation systems, terminals, storage, processing, fractionation and related assets serving producing basins, transportation corridors, market hubs and export outlets in the United States and Canada.
Recurring PAA news covers operating and financial results, quarterly cash distributions on common and preferred units, capital-structure updates, material agreements and portfolio actions. Company updates also include developments tied to crude oil systems such as EPIC/Cactus III, NGL infrastructure, credit and debt financing activity, and coordination with Plains GP Holdings on distribution and earnings announcements.
Plains All American Pipeline (NYSE: PAA) will report its third-quarter 2020 earnings on November 2, 2020, after market close. A joint webcast will follow at 5:30 p.m. ET. Key discussion points will include quarterly performance, liquidity, and financial guidance. Plans for future earnings releases throughout 2021 have also been disclosed, with the next scheduled for February 9, 2021. PAA operates a vast midstream energy infrastructure, handling over 6 million barrels per day in its Transportation segment.
Plains All American Pipeline announced its third-quarter 2020 cash distributions. PAA will distribute $0.18 per common unit, matching the previous quarter, amounting to $0.72 annualized. PAA's Series A Preferred Units will receive $0.525 per unit ($2.10 annualized), while the Series B Preferred Units will see a semi-annual distribution of $30.625. Payments are scheduled for November 13 and 16, 2020, respectively. PAA operates midstream energy infrastructure, managing over 6 million barrels per day of crude oil and natural gas liquids in the U.S. and Canada.