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Plains All American Pipeline, L.P.

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Plains All American Pipeline reported mixed results in first-quarter 2016, with its earnings per unit surpassing expectation but revenues missing the same. Its systematic capital investment to expand operations and strategic acquisitions will help to serve its customers more efficiently. The partnership is also divesting non-core assets to focus more on its core operations. Rising competition in the pipeline space, increasing regulation and completion of ongoing expansion projects within time and budget are headwinds. Besides, a drop in production volumes from E&P customers could lower the demand for pipeline services.

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