Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminaling, storage, and other related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
| Revenue | $50,073,000,000 |
| Net Income | $772,000,000 |
| Free Cash Flow | $1,871,000,000 |
| Book Value / Share | $18.66 |
| Total Liabilities | $13,466,000,000 |
| Total Equity | $9,813,000,000 |
| Debt / Equity | 0.81 |
| Current Ratio | 0.97 |
| Interest Coverage | 2.74 |
| Working Capital | $-148,000,000 |
Core multiples and valuation signals — useful to compare vs peers.
| P/E (TTM) | 15.53 |
| Industry P/E | N/A |
| Forward P/E | 11.58 |
| P/B | 1.22 |
| Price / Sales | 0.24 |
| P / FCF | 6.41 |
| EV / EBITDA | 7.16 |
| Graham Number | $18.60 |
| DCF (placeholder) | — |
| Gross Margin | 3.43% |
| Operating Margin | 2.35% |
| Net Margin | 1.54% |
| ROIC | 4.65% |
| Asset Turnover | 1.89 |
| RSI (14) | 33.02 |
| SMA 50 | 17.26 |
| SMA 200 | 18.22 |
| MACD | -0.40 |
| Signal | NEUTRAL |
| Name | Title |
|---|---|
| Mr. Wilfred C.W. Chiang | President, CEO & Chairman of Plains All American GP LLC (1961) |
| Mr. Al P. Swanson | Executive VP & CFO of Plains All American GP LLC (1964) |
| Mr. Christopher R. Chandler | Executive VP & COO of Plains All American GP LLC (1972) |
| Mr. Richard Kelly McGee | Executive VP, General Counsel & Secretary of Plains All American GP LLC (1961) |
| Mr. Gregory L. Armstrong | Senior Advisor to the CEO & Director of Plains All American GP LLC (1958) |
| Mr. Harry N. Pefanis | Senior Advisor & Director (1957) |
| Mr. Jeremy L. Goebel | Executive VP & Chief Commercial Officer of Plains All American GP LLC (1978) |
| Mr. Chris Herbold | Senior VP of Finance & Chief Accounting Officer of Plains All American GP LLC (1972) |
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