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Home > Company Index > Energy > Oil & Gas Pipelines & Storage > Plains Resources Inc.

Plains Resources Inc.
AMEX: PLX
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 PROFILE
Plainly resourceful, Plains Resources is an independent energy company that markets, transports, and stores crude oil. The company gets most of its sales from its 39% stake in Plains All American Pipeline LP. The pipeline partnership operates more than 2,800 miles of pipeline in 14 states, primarily in California, Texas, Louisiana, and Oklahoma. It also owns storage capacity of 9.8 million barrels. Plains Resources also acquires, develops, and produces crude oil and natural gas, mainly the underdeveloped, mature fields. It has proved reserves of 238.7 million barrels of oil equivalent concentrated in California, Florida, and Illinois.

 COMPETITION
EOTT Energy Partners, L.P. (EOT)
Enbridge Inc. (ENBR)
Royal Dutch/Shell Group (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,575.00
1-Yr. Sales Growth: 36.5%
Employees: 1,100
Revenue per employee: $5,977,272.73

 KEY PEOPLE
• James C. Flores
    CEO
• Jere C. Overdyke
    CFO

 CONTACT INFO
500 Dallas St., Ste. 700
Houston, TX 77002
US
Phone: 713-654-1414
Fax: 713-654-1523
Online: Web Site

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