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Plains All American Pipeline (PAA) investor relations material
Plains All American Pipeline Proxy filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Board of directors and corporate governance
Cynthia B. Taylor appointed as an independent Class III director on May 11, 2026, bringing over 30 years of energy industry experience and public company leadership.
Taylor will serve on the Compensation Committee and the Health, Safety, Environmental and Sustainability Committee.
Board determined Taylor is independent under Nasdaq and SEC rules, with no family relationships or conflicts of interest.
Executive compensation and say-on-pay
Taylor will receive an annual cash retainer of $120,000 and an annual phantom Class A Share grant valued at approximately $160,000, vesting after one year.
Initial compensation may be prorated based on her start date.
Voting matters and shareholder proposals
Unitholders are not being asked to vote on Taylor's appointment; she is not a nominee for election at the 2026 Annual Meeting.
No changes to the proxy card or Proposal 1 regarding the election of Class I Directors.
- Q1 net income was $152M, EBITDA $730M, and 2026 guidance raised to $2.88B; NGL sale to cut debt.PAA
Q1 202614 May 2026 - Sector-leading yield, robust growth, and disciplined capital returns drive long-term value.PAA
Investor presentation11 May 2026 - Board urges support for executive pay plan, highlighting retention and performance alignment.PAA
Proxy filing11 May 2026 - Proxy covers director elections, auditor ratification, compensation, and major 2025 initiatives.PAA
Proxy filing10 Apr 2026 - Key votes include director elections, auditor ratification, and executive pay approval.PAA
Proxy filing10 Apr 2026 - Efficient growth, robust cash flow, and tax-advantaged distributions drive strong returns.PAA
Investor presentation16 Mar 2026 - $28B enterprise value, 8% yield, and robust growth from Permian and bolt-on deals.PAA
Investor presentation25 Feb 2026 - 2026 guidance targets $2.75B Adjusted EBITDA, higher distributions, and major cost savings.PAA
Q4 20256 Feb 2026 - Q2 Adjusted EBITDA up 13% to $674M; 2024 guidance raised on strong segment growth.PAA
Q2 20242 Feb 2026
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