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Stock Market & Financial Investment News

News Breaks
January 7, 2013
05:40 EDTPAAPlains All American raises midpoint view of 2013 adjusted EBITDA by about 5%
Concurrent with Q4 and FY12 earnings announcement in early February, the Partnership expects to increase the midpoint of its 2013 guidance for adjusted EBITDA by approximately 5% over the $1.925B preliminary adjusted EBITDA midpoint guidance provided in early November. Based on the midpoint measures of targeted distribution growth and adjusted EBITDA guidance, management expects distribution coverage for 2013 to be approximately 120%.
News For PAA From The Last 14 Days
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June 24, 2015
08:40 EDTPAAExxon closes oil production off Santa Barbara after pipe burst, L.A. Times says
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07:18 EDTPAACredit Suisse to hold a conference
2015 MLP & Energy Logistics Conference is being held in New York on June 23-24 with webcasted company presentations to begin on June 24 at 8 am; not all company presentations may be webcasted. Webcast Link
June 23, 2015
18:32 EDTPAAPlains All American, Delek Logistics announce open season for Caddo Pipeline
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16:07 EDTPAAPlains All American announces open season for proposed Cushing to Longview
Plains All American Pipeline announced that it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing, Oklahoma to Longview, Texas. The open season process provides an opportunity for potential shippers to offer long-term volume commitments for service from Cushing to Longview in exchange for a discounted rate. The proposed pipeline would originate at the Plains Cushing, Oklahoma Terminal and provide an initial capacity of approximately 120,000 barrels per day of light sweet crude to Longview, Texas. By submitting a binding proposal, bidders are offering to enter into a long-term throughput and deficiency agreement for pipeline capacity. The open season begins on June 23 and will end at 5 p.m. CT on July 23.

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