STOCK TITAN

Plains All American Announces Officer Appointments

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Blake Fernandez has been appointed Vice President of Investor Relations at Plains All American Pipeline (PAA). This change follows the promotion of Roy Lamoreaux to Vice President of Communications, Sustainability, and Public Affairs. Fernandez brings over 20 years of energy finance experience, previously serving as Senior VP of Investor Relations at Delek U.S. Holdings. His hiring aims to enhance engagement with the financial community and bolster stakeholder relations. PAA operates a vast midstream energy infrastructure, managing over seven million barrels per day of crude oil and natural gas liquids.

Positive
  • Appointment of Blake Fernandez enhances investor relations efforts.
  • Fernandez has over 20 years of relevant industry experience.
  • Strategic shift may improve relationships with the financial community.
Negative
  • None.

Blake Fernandez joins Plains as Vice President, Investor Relations

HOUSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced the appointment of Blake Fernandez as Vice President, Investor Relations. Roy Lamoreaux, who served previously as Vice President, Investor Relations, Communications and Government Relations has assumed the role of Vice President, Communications, Sustainability and Public Affairs. Fernandez and Lamoreaux report to Chris Herbold, Sr. VP Finance and Chief Accounting Officer, who in addition to overseeing these functions and all Accounting activities, also has responsibility for Equity Capital Markets, Tax and Commodity Risk Management.

“Blake brings extensive energy finance and equity research experience, and we welcome him to the Plains team. Adding dedicated officer-level resources to these critical areas enables us to further advance our relationships with the financial community while continuing to grow key stakeholder engagement activities,” stated Willie Chiang, Chairman and CEO of Plains All American. “I also want to acknowledge the important role Roy has played in Investor Relations for many years. We look forward to him continuing to advance our Communications, Sustainability and Public Affairs activities.” 

Fernandez has more than 20 years of finance experience, predominately in the energy sector, most recently serving as Senior Vice President of Investor Relations and Market Intelligence for Delek U.S. Holdings. Previously, he worked in equity research covering Integrated Oils and Refining at Piper Jaffray/Simmons Energy and Scotia Bank/Howard Weil. Fernandez holds a Bachelor of Science degree in Economics from Louisiana State University and a Master of Business Administration from the University of New Orleans.

Lamoreaux joined Plains in 2006 as Manager, Investor Relations and Equity Capital Markets and over time has assumed roles with increasing responsibility within Investor Relations, Business Development and Stakeholder Relations. He was responsible for starting and advancing Plains’ Communications, Sustainability and Government Relations practices along with launching the Plains All American Political Action Committee. Lamoreaux holds a bachelor’s degree in Business from the University of Oklahoma and a Master of Business Administration in Entrepreneurship from the Acton School of Business.

About Plains
PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA handles more than seven million barrels per day of crude oil and NGL. PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America.

PAA is headquartered in Houston, Texas. For more information, please visit www.plains.com.

For more information:
Morgan Ash
Manager, Media Relations
media@paalp.com
(866) 809-1290

Blake Fernandez 
VP, Investor Relations
(866) 809-1291


FAQ

Who is Blake Fernandez at Plains All American Pipeline?

Blake Fernandez is the new Vice President of Investor Relations at Plains All American Pipeline (PAA).

What is the significance of the leadership change at PAA?

The leadership change aims to strengthen investor relations and stakeholder engagement.

What previous experience does Blake Fernandez have?

Blake Fernandez has over 20 years of experience in energy finance and previously worked at Delek U.S. Holdings.

What role did Roy Lamoreaux take on after his previous position?

Roy Lamoreaux transitioned to Vice President of Communications, Sustainability, and Public Affairs.

How much crude oil and NGL does PAA manage daily?

Plains All American Pipeline manages over seven million barrels per day of crude oil and natural gas liquids.

Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests

NASDAQ:PAA

PAA Rankings

PAA Latest News

PAA Stock Data

12.03B
464.27M
33.99%
42.03%
1.52%
Oil & Gas Midstream
Pipe Lines (no Natural Gas)
Link
United States of America
HOUSTON