PAA news

PLAINS GP HOLDINGS LP reported third-quarter 2026 results with net income and adjusted EBITDA above guidance, alongside execution on three key initiatives including the Silver Creek acquisition totaling $585 million.

Plains All American reported strong Q3 2026 results and completed a balance sheet optimization with share issuances. The company also closed the Powder River Basin Silver Creek acquisition.

Plains All American Pipeline announced Dean Liollio as the new Executive Vice President and Chief Operating Officer, replacing Chris Chandler, who resigned. The appointment follows the change, reflecting a strategic leadership transition within the partnership.

Plains All American Pipeline and Plains GP Holdings announced the appointment of Dean Liollio as Executive Vice President and Chief Operating Officer, effective October 2, 2026, succeeding Chris Chandler. This change represents a key leadership update for the midstream energy partnership.

Plains All American reported a second-quarter 2026 net income of $1.83 billion, driven primarily by a net gain from the divestiture of its Canadian NGL business, while leveraging down to 3.3x.

Plains All American reported record net earnings driven by a $1.6 billion gain from the sale of its Canadian NGL business, which was used to reduce leverage to 3.3x and raise organic growth capital. Market relevance: The transaction removes a non-core segment and accelerates the company's strategic …

PAA executed a new credit agreement dated June 12, 2026 with major financial institutions including Bank of America as administrative agent. The facility provides liquidity for operations and refinancing needs for the midstream energy infrastructure company.