{"schema_version":"secwatch.filing_event.v1","accession":"0001070423-23-000003","form_type":"8-K","ticker":"PAA","cik":"0001070423","company_name":"PLAINS ALL AMERICAN PIPELINE LP","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.773400+00:00","generated_at":"2026-06-19T21:24:58.219344+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PAA Q4 adj. EBITDA $659M beats; FY 2022 net income $1.04B; 2023 guidance $2.45-2.55B adj. EBITDA","bullets":["Q4 net income $263M ($0.30 diluted EPS); adjusted net income $286M ($0.33 diluted adj. EPS).","Full-year 2022 adj. EBITDA attributable to PAA $2.51B, up 14% YoY; FCF $1.61B.","Increased annualized distribution by $0.20 to $1.07/unit; repurchased $74M of common units in 2022.","2023 guidance: adj. EBITDA $2.45-2.55B, year-end leverage ~3.5x, investment capex $325M, maintenance capex $195M.","CEO cites strong execution, Permian asset positioning, and focus on shareholder returns via distribution growth and accretive investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001070423-23-000003","json":"https://secwatch.observer/filing/0001070423-23-000003.json","markdown":"https://secwatch.observer/filing/0001070423-23-000003.md","text":"https://secwatch.observer/filing/0001070423-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070423/000107042323000003/0001070423-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070423/000107042323000003/paa-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:24:58.219344+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":"10693d759e8b493501c993b90b9375f54ce6a8b8","claim":"PLAINS ALL AMERICAN PIPELINE LP reported fourth-quarter and full-year 2022 results: net income $263 million and $1.04 billion, respectively.","evidence_excerpt":"Plains All American Reports Fourth-Quarter and Full-Year 2022 Results","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070423/000107042323000003/0001070423-23-000003-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth-quarter and full-year 2022"},{"label":"Net income","value":"$263 million and $1.04 billion, respectively"},{"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"}