Plains All American Pipeline LP (PAA) Q4 2019 Earnings Call Transcript

Plains All American Pipeline LP (PAA) Q4 2019 Earnings Call Transcript

Plains All American Pipeline LP ( NYSE:PAA ) Q4 2019 Earnings Call Feb 4, 2020 , 5:00 p.m. ET. I'd like to turn the conference over to Roy Lamoreaux, Vice President of Investor Relations.. Today's call will be hosted by Willie Chiang, Chairman and Chief Executive Officer; and Al Swanson, Executive Vice President and Chief Financial Officer.. Harry Pefanis, President and Chief Commercial Officer; Jeremy Goebel, Executive Vice President, Commercial; and Chris Chandler, Executive Vice President and Chief Operating Officer, along with other members of our senior management team are available for the Q&A portion of today's call.. Good afternoon, everyone, and thank you for joining us today.. This afternoon we reported fourth quarter results that exceeded our expectations and we furnished financial and operating guidance for 2020 that is consistent with the preliminary guidance that we provided in November.. 2019 was a year focused on executing during favorable S&L market conditions and positioning the partnership for a more competitive environment in 2020.. We also advanced and sanctioned a number of strategic projects that strengthen our competitive positioning in legacy areas, while aligning ourselves with long-term industry partners.. In addition to continuing to improve our safety and operating performance, we