Get to Know Plains All American Pipeline
Jan 24th 2013 12:00PM
Updated Jan 24th 2013 1:03PM
Plains All American Pipeline was one of the best-performing midstream stocks of 2012. Its $17.1 billion in assets span some of the most lucrative North American oil and gas plays and include close to 19,000 miles of pipeline, numerous rail cars, trucks, barges, storage facilities, fractionation plants, and processing centers spread across the U.S. and Canada. In this video, Aimee Duffy explains Plains and its growth strategy, and why she thinks it may have an even better 2013.
Don't think Plains can handle it all?
Another midstream company to consider is Energy Transfer Partners. The surge in oil and natural gas production from hydraulic fracturing and horizontal drilling is creating massive bottlenecks in takeaway capacity. However, this problem for producers creates a massive and immensely profitable opportunity for midstream companies. Energy Transfer Partners helps alleviate the gluts in supply with 23,500 miles of transformational pipelines. To see if ETP and its industry-leading yield will be a fit for you, click on this detailed premium report, which will supply you with a thorough analysis of this midstream.
The article Get to Know Plains All American Pipeline originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.