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Stock Market & Financial Investment News

News Breaks
February 7, 2013
16:09 EDTPAAPlains All American constructs extension of Mississippian Lime pipeline
Plains All American Pipeline is constructing a 55-mile extension of its previously announced Mississippian Lime pipeline to service growing production in the Mississippian Lime resource play of western Oklahoma and southwest Kansas. The Mississippian Lime pipeline extension, which is expected to be brought into service in the Q4 will provide up to 75,000 barrels per day of crude oil throughput capacity from Coldwater in Comanche County, Kansas to Byron in Alfalfa County, Okla. From Byron, crude oil will flow on PAA's Mississippian Lime pipeline to its terminal in Cushing, Okla. The pipeline extension is supported by a long-term commitment from an area producer.
News For PAA From The Last 14 Days
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May 22, 2015
14:25 EDTPAACalifornia AG says investigating Santa Barbara oil spill
California Attorney General Kamala Harris stated that the Attorney General’s office is actively working with the Santa Barbara District Attorney’s office and state and federal agencies to investigate the oil spill off Refugio State Beach in Santa Barbara County, adding: "California’s coastline is one of the state’s most precious natural treasures. This oil spill has scarred the scenic Santa Barbara coast, natural habitats and wildlife. My office is working closely with our state and federal partners on an investigation of this conduct to ensure we hold responsible parties accountable.”
May 20, 2015
09:39 EDTPAAPlains All American pipeline rupture spills 21,000 gallons into ocean, LAT says
A pipeline owned by Plains All American Pipeline ruptured and leaked an estimated 21,000 gallons of crude oil into the Pacific Ocean, though it is unclear what caused the break, said the Los Angeles Times. Plains All American stated that it shut down the pipe and a culvert was also blocked to prevent more oil from flowing into the ocean, The Times noted. Plains shares are down 1.2% to $49 per share in early trading. Reference Link
May 19, 2015
09:58 EDTPAAOn The Fly: Analyst Initiation Summary
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May 18, 2015
16:27 EDTPAAPlains All American initiated with a Buy at Deutsche Bank
Target $54.

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