{"schema_version":"secwatch.filing_event.v1","accession":"0001070423-22-000022","form_type":"8-K","ticker":"PAA","cik":"0001070423","company_name":"PLAINS ALL AMERICAN PIPELINE LP","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.513116+00:00","generated_at":"2026-06-22T11:46:45.271273+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Plains All American Q3 net income $384M, raises FY2022 guidance, plans distribution increase","bullets":["Net income of $384M vs loss of $59M YoY; diluted EPS $0.48 vs ($0.15).","Adjusted EBITDA attributable to PAA $623M, up 21% YoY; full-year guidance raised to ~$2.45B.","Leverage ratio at ~4.0x, expected year-end ~3.8x, below mid-point of target range.","Management to recommend Q4 distribution increase of $0.20 annualized to $1.07/unit (payable Feb 2023).","Plan for annual distribution increases of ~$0.15/unit beyond 2023 until coverage ratio ~160%."],"urls":{"canonical":"https://secwatch.observer/filing/0001070423-22-000022","json":"https://secwatch.observer/filing/0001070423-22-000022.json","markdown":"https://secwatch.observer/filing/0001070423-22-000022.md","text":"https://secwatch.observer/filing/0001070423-22-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070423/000107042322000022/0001070423-22-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070423/000107042322000022/paa-20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T11:46:45.271273+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0b8370887a1fb814c637d8474898e2dfa9b67f9e","claim":"PLAINS ALL AMERICAN PIPELINE LP reported third-quarter 2022 results: net income $384 million, EPS $0.48. Guidance raised.","evidence_excerpt":"Plains All American Reports Third-Quarter 2022 Results, Increases 2022 Guidance and Announces Multi-Year Capital Allocation Framework Houston, TX – November 2, 2022 – Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported third-quarter 2022 results and provided the following highlights and increase to 2022 guidance: • Third-quarter Net income attributable to PAA of $384 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070423/000107042322000022/0001070423-22-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third-quarter 2022"},{"label":"Net income","value":"$384 million"},{"label":"EPS","value":"$0.48"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}