Gary Petersen - Plains All Independent Director of Plains All American GP LLC

PAA Stock  USD 17.67  0.42  2.32%   

Director

Mr. Gary R. Petersen is an Independent Director of Plains All American GP LLC of the Company. Mr. Petersen has served as a director of PAGP GP since November 2016. He served as a director of PAAs general partner from June 2001 until November 2016. Mr. Petersen is a Managing Partner of EnCap Investments L.P., an investment management firm which he cofounded in 1988. He is also a director of EV Energy Partners, L.P. He had previously served as Senior Vice President and Manager of the Corporationrationrate Finance Division of the Energy Banking Group for RepublicBank Corporationrationration. Prior to his position at RepublicBank, he was Executive Vice President and a member of the Board of Directors of Nicklos Oil Gas Company from 1979 to 1984. He served from 1970 to 1971 in the U.S. Army as a First Lieutenant in the Finance Corporationration and as an Army Officer in the Army Security Agency. He is a member of the Independent Petroleum Association of America, the Houston Producers Forum and the Petroleum Club of Houston. Mr. Petersen holds BBA and MBA degrees in finance from Texas Tech University. The board of directors has determined that Mr. Petersen is independent under applicable NYSE rules since 2001.
Age 71
Tenure 23 years
Address 333 Clay Street, Houston, TX, United States, 77002
Phone713 646 4100
Webhttps://www.plains.com
Petersen was involved in the energy sector for a period of more than 35 years, garnering extensive knowledge of the energy sectors’ various cycles, as well as the current market and industry knowledge that comes with management of approximately $18 billion of energyrelated investments. In tandem with the leadership qualities evidenced by his executive background, we believe that Mr. Petersen brings numerous valuable attributes to the board.

Plains All Management Efficiency

The company has Return on Asset of 0.0371 % which means that on every $100 spent on assets, it made $0.0371 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1028 %, implying that it generated $0.1028 on every 100 dollars invested. Plains All's management efficiency ratios could be used to measure how well Plains All manages its routine affairs as well as how well it operates its assets and liabilities. At present, Plains All's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.12, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Plains All's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.30, whereas Total Assets are forecasted to decline to about 15.6 B.
Plains All American has 8.16 B in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Plains All American has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Plains to invest in growth at high rates of return.

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Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids in the United States and Canada. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P. Plains All operates under Oil Gas Midstream classification in the United States and is traded on NASDAQ Exchange. It employs 4100 people. Plains All American (PAA) is traded on NASDAQ Exchange in USA. It is located in 333 Clay Street, Houston, TX, United States, 77002 and employs 4,200 people. Plains All is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Plains All American Leadership Team

Elected by the shareholders, the Plains All's board of directors comprises two types of representatives: Plains All inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Plains. The board's role is to monitor Plains All's management team and ensure that shareholders' interests are well served. Plains All's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Plains All's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alfred Lindseth, Senior Vice President - Technology, Process & Risk Management of Plains All American GP LLC
Blake Fernandez, Vice Relations
Gary Petersen, Independent Director of Plains All American GP LLC
Aloys Swanson, Chief Financial Officer, Executive Vice President of Plains All American GP LLC
Chris Chandler, Chief Operating Officer, Executive Vice President of Plains All American GP LLC
Greg Armstrong, Chairman of Plains All American GP LLC and CEO of Plains All American GP LLC
Al Swanson, CFO of Plains All American GP LLC and Executive VP of Plains All American GP LLC
Matt Isom, Vice President - Engineering of Plains All American GP LLC
Chris Herbold, Chief Accounting Officer of Plains All American GP LLC and VP of Accounting - Plains All American GP LLC
Gregory Armstrong, Advisor LLC
Oscar Brown, Director of Plains All American GP LLC
Christopher Chandler, Executive LLC
Alexandra Pruner, Independent Director of Plains All American GP LLC
Dan Reinbold, Vice President, Information Services North America of Plains All American GP LLC
Jeremy Goebel, Executive Vice President - Commercial of Plains All American GP LLC
Lawrence Ziemba, Independent Director of Plains All American GP LLC
Harry Pefanis, President of Plains All American GP LLC and COO of Plains All American GP LLC
Christopher Temple, Independent Director of Plains All American GP LLC
John Raymond, Director of Plains All American GP LLC
Richard McGee, Executive Vice President General Counsel, Secretary of Plains All American GP LLC
Wilfred Chiang, Executive Vice President COO - U.S. Operating & Commercial Activities, Director of Plains All American GP LLC
Victor Burk, Independent Director of Plains All American GP LLC
Bobby Shackouls, Lead Independent Director of Plains All American GP LLC
Roy Lamoreaux, Sustainability Communications
Kevin McCarthy, Director
Robert Sinnott, Director of Plains All American GP LLC
J Symonds, Independent Director of Plains All American GP LLC

Plains Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Plains All a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Plains All American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plains All's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Plains All American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plains All American Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plains All. If investors know Plains will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plains All listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.118
Dividend Share
1.27
Earnings Share
1.13
Revenue Per Share
71.827
Quarterly Revenue Growth
0.056
The market value of Plains All American is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains All's value that differs from its market value or its book value, called intrinsic value, which is Plains All's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plains All's market value can be influenced by many factors that don't directly affect Plains All's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plains All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains All's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.