$PAA

Plains All American Pipeline and Plains GP Holdings plan to close their Canadian NGL business divestiture to Keyera Corp in May 2026, despite a Competition Bureau challenge.

Plains All American maintains Q1 2026 distributions while pending NGL asset sale may shift PAGP distributions from tax-advantaged return of capital to taxable dividends.

Trump administration mandates reopening of California's Santa Ynez Pipeline, shut since 2015 spill, targeting 50,000 barrels daily despite fierce state opposition.