# Plains All American Pipeline LP (PAA)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/plains-all-american-pipeline-lp/ JSON: https://steadybase.io/company/plains-all-american-pipeline-lp.json Checked Nov 10, 2026. Latest filing read: Sep 11, 2026.

## Company

- Legal name: PLAINS ALL AMERICAN PIPELINE LP
- Ticker: PAA, PAAPU (Nasdaq, OTC)
- SEC CIK: 0001070423
- Industry: Pipe Lines (No Natural Gas) (SIC 4610)
- Headquarters: Houston, TX
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: plains.com
- LinkedIn: https://www.linkedin.com/company/plains-all-american
- Next earnings date: Nov 6, 2026

## Key facts

- Revenue: $44.3B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 27, 2026). Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/0001070423-26-000014-index.html
- Operating income: $1.4B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 27, 2026). Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/0001070423-26-000014-index.html
- Net income: $1.4B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 27, 2026). Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/0001070423-26-000014-index.html
- SG&A: $342.0M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 27, 2026). Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/0001070423-26-000014-index.html
- Employees: 3,900 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Shares outstanding: 707,937,400 as of Oct 30, 2026 (10-Q filed Nov 9, 2026). Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000058/0001070423-26-000058-index.html
- Auditor: Pricewaterhousecoopers LLP, Houston, Texas, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm

## Business

P. is a publicly traded Delaware limited partnership. Our common units are listed on the Nasdaq Global Select Market (“Nasdaq”) under the ticker symbol “PAA.” Our business model integrates large-scale supply aggregation capabilities with the ownership and operation of critical midstream infrastructure systems that connect major producing regions to key demand centers and export terminals.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $44.3B | $1.4B | $1.4B | $342.0M |
| Dec 31, 2024 | $48.9B | $868.0M | $772.0M | $328.0M |
| Dec 31, 2023 | $47.3B | $1.3B | $1.2B | $299.0M |
| Dec 31, 2022 | $57.3B | $1.3B | $1.0B | $325.0M |
| Dec 31, 2021 | $42.1B | $851.0M | $593.0M | $292.0M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/plains-all-american-pipeline-lp.json

## Officers and directors

- Willie CW Chiang, Chairman & CEO. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000033/0001070423-26-000033-index.htm
- Al Swanson, EVP & CFO. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000042/0001070423-26-000042-index.htm
- Dean Liollio, EVP & COO. LinkedIn: https://linkedin.com/in/dean-liollio-20b212140. Source: Form 3 filed Oct 7, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000052/0001070423-26-000052-index.htm
- Chris R. Chandler, EVP & COO. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000035/0001070423-26-000035-index.htm
- Jeremy L. Goebel, EVP & CCO. LinkedIn: https://linkedin.com/in/jeremy-goebel-2574711. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000037/0001070423-26-000037-index.htm
- Richard K. McGee, EVP, General Counsel & Sec.. LinkedIn: https://linkedin.com/in/richard-mcgee-83423a2b0. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000040/0001070423-26-000040-index.htm
- Bobby S. Shackouls, Former Chairman and CEO, Burlington Resources Inc.. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Lawrence M. Ziemba, Former Executive Vice President, Refining, Phillips 66. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Kevin McCarthy, Former Vice Chairman, Kayne Anderson Capital Advisors, L.P.. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Ellen R. DeSanctis, Former Senior Vice President, ConocoPhillips. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Russell Lee Montgomery, VP, Acctg & CAO. Source: Form 3 filed Sep 10, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000046/0001070423-26-000046-index.htm
- Chris Herbold, Sr. VP Finance & CAO. LinkedIn: https://linkedin.com/in/chris-herbold-55b817160. Source: Form 4 filed Aug 17, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000044/0001070423-26-000044-index.htm
- Cynthia B. Taylor, independent member of the Board serving in Class III. Source: 8-K filed May 13, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000110465926060358/tm2614302d2_8k.htm
- Alexandra D. Pruner, Senior Advisor, Perella Weinberg Partners. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Gary R. Petersen, Managing Partner, EnCap Investments L.P.. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Victor Burk, Former Senior Advisor, Alvarez and Marsal. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- Kevin S. McCarthy, Board member (per proxy). Source: DEF 14A filed Apr 10, 2026, https://www.sec.gov/Archives/edgar/data/1070423/000110465926041710/tm261430-1_def14a.htm

## Recent 8-K events

- Nov 6, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000055/paa-20261106.htm
- Sep 29, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926111950/tm2626533d1_8k.htm
- Sep 14, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926107512/tm2625341d1_8k.htm
- Sep 10, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926106419/tm2624962d1_8k.htm
- Sep 9, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926105984/tm2624813d1_8k.htm
- Aug 7, 2026: Item 2.01, Completion of acquisition or disposition of assets; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000028/paa-20260807.htm
- Jun 17, 2026: Item 1.01, Entry into a material definitive agreement; Item 1.02, Termination of a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926075186/tm2618132d1_8k.htm
- Jun 2, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926069156/tm2615397d2_8k.htm
- May 22, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926065738/tm2615397d1_8k.htm
- May 13, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1070423/000110465926060358/tm2614302d2_8k.htm

## Insider trades (Form 4)

- Jun 29, 2026: Lawrence Michael Ziemba (Director) sold 2,346 shares, about $51,495. Source: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000024/0001070423-26-000024-index.htm

## Latest filings

- 8-K filed Sep 29, 2026: https://www.sec.gov/Archives/edgar/data/1070423/000110465926111950/tm2626533d1_8k.htm
- 10-K filed Feb 27, 2026: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000014/paa-20251231.htm
- 10-Q filed Aug 10, 2026: https://www.sec.gov/Archives/edgar/data/1070423/000107042326000031/paa-20260630.htm
- DEF 14A filed Apr 10, 2026: https://www.sec.gov/Archives/edgar/data/1070423/000110465926041710/tm261430-1_def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/