Plains All American Pipeline, L.P. (NYSE:PAA) Q3 2019 Earnings Conference Call - Final Transcript

Nov 05, 2019 • 05:00 pm ET

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Plains All American Pipeline, L.P. (NYSE:PAA) Q3 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
Willie Chiang

beyond initiatives described throughout the call drive cash flow as we complete our current capital program, which will allow us to further balance our capital allocation levers, including leverage reduction and returning capital to unitholders in the next few years. A summary of our performance versus our 2019 goals is included as well as key takeaways from today's call shown on slide 11 and 12. We look forward to updating you in February with our full 2020 guides. And before I turn it over to Roy, do you want to make a clarification when I talked about our cactus to pipeline, it is mechanically complete. I may have referred to it as 600,000 barrels a day of demonstrated design capacity. The correct number is 670,000 barrels a day of design capacity.

With that I'll turn it back to you Roy.

Executive
Roy Lamoreaux

Thanks Willie. [Operator Instructions] Additionally Brett Magill and I plan to be available this evening and tomorrow to address additional questions. Eduardo we're now ready to open the call for questions.