PAA Natural Gas Storage is engaged in the ownership, acquisition, development, operation and commercial management of natural gas storage facilities. Co. also leases storage capacity and pipeline transportation capacity from third parties. Co. provides natural gas storage services to local gas distribution companies, electric utilities, pipelines, direct industrial users, electric power generators, marketers, producers, liquefied natural gas exporters and affiliates of such entities. Co.'s operations are conducted directly and indirectly through its primary operating subsidiaries. Co.'s storage rates are regulated under Federal Energy Regulatory Commission rate-making policies.
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Hold (1.91 out of 4) 58th percentile
(ranked higher than approx. 58% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |