Risk factors

Plains All American Pipeline (PAA) risk factors

Item 1A of every Plains All American Pipeline LP 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    61 risks1 new2 dropped6 reworded

    The company expanded its emerging energy strategy and joint venture risk disclosures.

    Filed Feb 27, 2026
  • FY2024 10-K risk factors
    62 risks

    Profitability depends heavily on crude oil and NGL volumes shipped through pipelines, influenced by commodity prices and Permian Basin activity. Consolidated debt stands at approximately $7.7 billion with significant exposure to interest rates and credit ratings. Operations face extensive environmental, regulatory, and climate-related scrutiny, alongside joint venture and capital access risks.

    Filed Feb 28, 2025