Plains All American Pipeline (NASDAQ:PAA) has sold its Canadian NGL business to Keyera Corp. for $3.77 billion. This acquisition expands Keyera’s presence in the NGL market and creates a fully connected NGL corridor from Western to Eastern Canada. The combined platform will provide access to high-demand markets via export facilities on the West Coast. Plains All American Pipeline engages in pipeline transportation, terminaling, storage, and gathering of crude oil & NGL in the US and Canada. While PAA is a potential investment, there are AI stocks with greater upside potential and less downside risk.

Read more at Yahoo Finance: Plains All American Sells Canadian NGL Business to Keyera for $3.77B