The company has a network of oil pipelines across the United States, maintains its liquid petroleum gas business in Canada and has its natural gas storage facilities in Michigan and in Louisiana. It was in 1998 that the company was created and it strongly grew through the series of acquisitions made by the company. Additionally, Plains All American Pipeline invests in the expansion of its facilities and its network of transportation oil pipelines. It works with several energy companies to help them transport and store their products. The facilities and assets owned by the company are made available on a fee-based scheme.
The assets of the company include about 15,000 miles of crude oil pipelines. Their terminal and storage capacity is also estimated to hold more than 37 million barrels of raw and processed products. Plains All American Pipeline also has an indirect subsidiary, the Plains Midstream Canada, which continues to do business in 40 states in the country and in 5 provinces in Canada. The latter controls and operates vast assets related to the midstream energy industry. Collectively, the company is capable of generating more than $43.46 billion in annual revenue.
The business is headquartered in Three Allen Center in Downtown Houston, Texas. It made its initial public offering in 1993 and now trades its common shares on the New York Stock Exchange. Stocks of the company are marketed using the ticker symbol PAA.