| Business Summary | | Plains
All
American
Pipeline,
L.P.
is
a
limited
partnership
engaged
in
interstate
and
intrastate
marketing,
transportation
and
terminalling
of
crude
oil.
The
Company
was
formed
in
September
1998
to
acquire
and
operate
the
midstream
crude
oil
business
and
assets
of
Plains
Resources
Inc.
The
wholly
owned
subsidiary
of
Plains
Resources,
Plains
All
American,
Inc.,
is
the
Company's
general
partner.
The
Company's
operations
are
concentrated
in
California,
Texas,
Oklahoma,
Louisiana,
Illinois
and
the
Gulf
of
Mexico,
and
can
be
categorized
into
two
primary
business
activities:
crude
oil
pipeline
transportation,
and
terminalling
and
storage
activities,
and
gathering
and
marketing
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Plains
All
American
Pipeline,
L.P.
is
engaged
in
interstate
and
intrastate
crude
oil
pipeline
transportation
and
crude
oil
terminalling
and
storage
activities
and
gathering
and
marketing
activities.
For
the
six
months
ended
6/30/01,
revenues
fell
11%
to
$3.11
billion.
Net
income
before
extraordinary
item
and
acct.
change
applicable
to
Limited
Partners
fell
76%
to
$19
million.
Results
reflect
lower
exchange
volumes
and
the
absence
of
$48.2
million
in
gains
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Greg Armstrong, 41 Chairman,
CEO | -- | Harry Pefanis, 42 Pres,
COO | -- | Phillip Kramer, 44 Exec.
VP and CFO | -- | Michael Patterson, 52 Sr.
VP, Gen. Counsel and Sec. | -- | Geogre Coiner, 48 Sr.
VP | $653K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|