Plains All American Pipeline's (PAA) CEO Willie Chiang on Q4 2021 Results - Earnings Call Transcript

Plains All American Pipeline, L.P. (NASDAQ:PAA) Q4 2021 Earnings Conference Call February 9, 2022 5:00 PM ET

Company Participants

Roy Lamoreaux – Vice President-Investor Relations
Willie Chiang – Chairman and Chief Executive Officer
Al Swanson – Executive Vice President and Chief Financial Officer
Chris Chandler – Executive Vice President and Chief Operating Officer
Jeremy Goebel – Executive Vice President and Chief Commercial Officer

Conference Call Participants

Keith Stanley – Wolfe Research
Michael Blum – Wells Fargo
Jean Ann Salisbury – Bernstein
Jeremy Tonet – JPMorgan
Tristan Richardson – Truist Securities
Becca Followill – U.S. Capital Advisors
Michael Lapides – GS
Chase Mulvehill – Bank of America
Brian Reynolds – UBS
Timm Schneider – Citi

Operator

Good day and thank you for standing by. Welcome to the PAA and PAGP Fourth Quarter Full Year 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Mr. Roy Lamoreaux. Mr. Lamoreaux, the floor is yours.

Roy Lamoreaux

Thank you, Chris. Good afternoon, and welcome to Plains All American’s fourth quarter and full year 2021 earnings call. Today’s slide presentation is posted on the Investor Relations website under the News and Events section at plains.com, where an audio replay will also be available following today’s call. Important disclosures regarding forward-looking statements and non-GAAP financial measures are provided on Slide 2. A condensed consolidating balance sheet for PAGP and other reference materials are located in the appendix.

Today’s call will be hosted by Willie Chiang, Chairman and CEO; and Al Swanson, Executive Vice President and CFO. Other members of our team will be available for the Q&A session, including Harry Pefanis, our President; Chris Chandler, our Executive Vice President and Chief Operating Officer; Jeremy Goebel, Executive