公司业务概况 - 公司的业务活动主要通过原油和天然气液体两个部门进行，拥有庞大的管道运输、终端、储存和收集资产[25] - 公司的原油业务模式整合了大规模的供应聚合能力，以及连接主要生产地区和需求中心的关键基础设施系统[27] - 公司拥有多个天然气处理厂、分馏厂、NGL储存设施、NGL运输管道和铁路终端[53] 原油业务 - 公司在Permian盆地拥有大约4,900英里的采集管道，总容量约为每天370万桶[35] - 公司拥有多条长途管道系统，从Permian盆地运送原油到主要市场中心，如Cushing、Houston和Corpus Christi[36] - 公司在Permian盆地到Cushing/Mid-Continent的Basin Pipeline拥有87%的联合利益，是主要的原油运输路线[37] 天然气业务 - 公司拥有约185,600桶/日的NGL分馏能力，约28百万桶的NGL储存能力，约1,620英里的NGL运输管道[55] - 公司拥有四个天然气处理厂，平均进气能力为3.3 Bcf/d，以及八个分馏厂，平均容量为136,800桶/日[55] - 公司拥有并经营四个位于阿尔伯塔省Empress附近的天然气处理设施[57] 公司运营风险 - 公司的运营涉及液态和气态烃的存储、处理、加工和运输，必须遵守严格的环境保护和操作安全法规，不遵守可能导致处罚和限制[71] - 公司的管道和储罐设施受到美国运输部的管制，要求实施完整性管理计划，预计2023年相关支出约为3千万美元[72] - 公司必须遵守美国清洁空气法和加拿大空气排放法规，可能需要进行资本和运营支出以符合更严格的排放要求[75] 公司财务风险 - 公司的资产、运营和业务活动受到广泛的法律要求和监管，不遵守可能导致巨额罚款和成本支出[69] - 公司使用各种衍生工具管理与商品采购和销售义务相关的风险[59] - 公司的资本市场准入受到债务水平、运营和财务表现、当前到期和未来几年到期的债务金额以及市场条件的影响[144]

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q4 2022 Results Conference Call February 8, 2023 5:30 PM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Harry Pefanis - President Chris Chandler - Executive Vice President and Chief Operating Officer Jeremy Goebel - Executive Vice President and CCO Chris Herbold - Senior Vice President, Finance and CAO Conference Call Partic ...

Plains All American Pipeline LP (NASDAQ:PAA) Q3 2022 Earnings Conference Call November 2, 2022 5:30 PM ET Company Participants Roy Lamoreaux - Vice President of Investor Relations Al Swanson - Executive Vice President & Chief Financial Officer Jeremy Goebel - Executive Vice President & Chief Commercial Officer Wilfred Chiang - Chairman & Chief Executive Officer Conference Call Participants Michael Blum - Wells Fargo Keith Stanley - Wolfe Research Brian Reynolds - UBS Jeremy Tonet - JPMorgan Securities Jean ...

Plains All American Pipeline LP (NASDAQ:PAA) Q2 2022 Earnings Conference Call August 3, 2022 5:30 PM ET Company Participants Roy Lamoreaux - VP of IR, Communications & Government Relations Wilfred Chiang - Chairman & CEO Al Swanson - EVP & CFO Christopher Chandler - EVP & COO Jeremy Goebel - EVP & Chief Commercial Officer Conference Call Participants Jean Salisbury - Sanford C. Bernstein & Co. Keith Stanley - Wolfe Research Colton Bean - Tudor, Pickering, Holt & Co. Sunil Sibal - Seaport Global Securities J ...

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Roy Lamoreaux - Vice President-Investor Relations Willie Chiang - Chairman & Chief Executive Officer Al Swanson - Executive Vice President & Chief Financial Officer Chris Chandler - Executive Vice President & Chief Operating Officer Jeremy Goebel - Executive Vice President & Chief Commercial Officer Conference Call Participants Jeremy Tonet - JPMorgan Michael Blum - Wells Fargo Jean A ...

Houston, TX | February 9, 2022 4Q & FY 2021 Earnings Package Index PAA PAGP 2 Conference Call Transcript Conference Call Slides PAA / PAGP Earnings Release and Guidance PAA Non-GAAP Reconciliations Fourth-Quarter 2021 Earnings Conference Call Wednesday, February 9, 2022 Roy Lamoreaux: Thank you, Chris. Good afternoon, and welcome to Plains All American's fourth-quarter and full-year 2021 earnings call. Today's slide presentation is posted on the Investor Relations website under the "News & Events" section a ...

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q4 2021 Earnings Conference Call February 9, 2022 5:00 PM ET Company Participants Roy Lamoreaux â Vice President-Investor Relations Willie Chiang â Chairman and Chief Executive Officer Al Swanson â Executive Vice President and Chief Financial Officer Chris Chandler â Executive Vice President and Chief Operating Officer Jeremy Goebel â Executive Vice President and Chief Commercial Officer Conference Call Participants Keith Stanley â Wolfe Research Michael Blum ...

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q3 2021 Earnings Conference Call November 2, 2021 5:00 PM ET Company Participants Roy Lamoreaux - Investor Relations Willie Chiang - Chairman and Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Harry Pefanis - President Chris Chandler - Executive Vice President and Chief Operating Officer Jeremy Goebel - Executive Vice President and Chief Commercial Officer Chris Herbold - Senior Vice President, Finance and Chief Accou ...

Houston, Texas | November 2, 2021 3Q21 EARNINGS CALL Forward-Looking Statements & Non-GAAP Financial Measures Disclosure This presentation contains forward-looking statements, including, in particular, statements about the performance, plans, strategies and objectives for future operations of Plains All American Pipeline, L.P. ("PAA") and Plains GP Holdings, L.P. ("PAGP"). These forward-looking statements are based on PAA's current views with respect to future events, based on what we believe to be reasonab ...

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q2 2021 Earnings Conference Call August 3, 2021 5:30 PM ET Company Participants Roy Lamoreaux - VP, IR Willie Chiang - Chairman and CEO Al Swanson - EVP and CFO Jeremy Goebel - EVP and CCO Chris Chandler - EVP and COO Conference Call Participants Shneur Gershuni - UBS Keith Stanley - Wolfe Research Tristan Richardson - Truist Securities Jeremy Tonet - JPMorgan Pearce Hammond - Piper Sandler Jean Ann Salisbury - Bernstein Michael Lapides - Goldman Sachs Sunil S ...