The estimated Net Worth of Gary R Petersen is at least $116 Million dollars as of 14 August 2024. Mr. Petersen owns over 23,340 units of Plains All American Pipeline LP stock worth over $838,732 and over the last 21 years he sold PAA stock worth over $114,624,615. In addition, he makes $189,318 as Independent Director of Plains All American GP LLC at Plains All American Pipeline LP.
Gary has made over 23 trades of the Plains All American Pipeline LP stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 23,340 units of PAA stock worth $402,848 on 14 August 2024.
The largest trade he's ever made was selling 1,361,359 units of Plains All American Pipeline LP stock on 10 December 2009 worth over $67,114,999. On average, Gary trades about 72,783 units every 167 days since 2003. As of 14 August 2024 he still owns at least 48,594 units of Plains All American Pipeline LP stock.
You can see the complete history of Mr. Petersen stock trades at the bottom of the page.
Gary R. Petersen is an Independent Director of Plains All American GP LLC of the Company. Mr. Petersen has served as a director of PAGP GP since November 2016. He served as a director of PAA’s general partner from June 2001 until November 2016. Mr. Petersen is a Managing Partner of EnCap Investments L.P., an investment management firm which he co-founded in 1988. He is also a director of EV Energy Partners, L.P. He had previously served as Senior Vice President and Manager of the Corporate Finance Division of the Energy Banking Group for RepublicBank Corporation. Prior to his position at RepublicBank, he was Executive Vice President and a member of the Board of Directors of Nicklos Oil & Gas Company from 1979 to 1984. He served from 1970 to 1971 in the U.S. Army as a First Lieutenant in the Finance Corps and as an Army Officer in the Army Security Agency. He is a member of the Independent Petroleum Association of America, the Houston Producers Forum and the Petroleum Club of Houston. Mr. Petersen holds BBA and MBA degrees in finance from Texas Tech University. The board of directors has determined that Mr. Petersen is “independent” under applicable NYSE rules. Mr. Petersen has been involved in the energy sector for a period of more than 35 years, garnering extensive knowledge of the energy sectors’ various cycles, as well as the current market and industry knowledge that comes with management of approximately $18 billion of energy-related investments. In tandem with the leadership qualities evidenced by his executive background, we believe that Mr. Petersen brings numerous valuable attributes to the board.
As the Independent Director of Plains All American GP LLC of Plains All American Pipeline LP, the total compensation of Gary Petersen at Plains All American Pipeline LP is $189,318. There are 18 executives at Plains All American Pipeline LP getting paid more, with Chris Chandler having the highest compensation of $6,224,550.
Gary Petersen is 72, he's been the Independent Director of Plains All American GP LLC of Plains All American Pipeline LP since 2001. There are 1 older and 25 younger executives at Plains All American Pipeline LP. The oldest executive at Plains All American Pipeline LP is J. Taft Symonds, 79, who is the Independent Director of Plains All American GP LLC.
Gary's mailing address filed with the SEC is 9651 KATY FREEWAY, 6TH FLOOR, HOUSTON, TX, 77024.
Over the last 21 years, insiders at Plains All American Pipeline LP have traded over $1,327,328,674 worth of Plains All American Pipeline LP stock and bought 3,533,082 units worth $139,166,911 . The most active insiders traders include Holding Co (Pipeline), Inc...., John T Raymond und Investment, Llcngp Mr Manag.... On average, Plains All American Pipeline LP executives and independent directors trade stock every 24 days with the average trade being worth of $2,852,647. The most recent stock trade was executed by Chris R. Chandler on 14 August 2024, trading 167,378 units of PAA stock currently worth $2,888,944.
plains all american pipeline, l.p. (nyse: paa) is a publicly traded master limited partnership that provides midstream energy infrastructure and logistics services for crude oil, natural gas liquids (“ngl”), natural gas and refined products. paa owns an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and ngl producing basins and transportation corridors and at major market hubs in the united states and canada. on average, paa handles over 4.5 million barrels per day of crude oil and ngl on its transportation assets. paa is headquartered in houston, texas. visit us at www.plainsallamerican.com for additional opportunities.
Plains All American Pipeline LP executives and other stock owners filed with the SEC include: