{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-22-000020","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.273550+00:00","generated_at":"2026-06-22T13:52:29.155266+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Plains All American Q3 net income $384M, raises FY22 EBITDA guide to $2.45B, boosts distribution","bullets":["Q3 net income attributable to PAA $384M vs ($59M) loss a year ago; adjusted EBITDA $623M.","FY2022 adjusted EBITDA guidance raised $75M to +/- $2.45B, up $250M from initial Feb guidance.","Management recommends annualized distribution increase from $0.87 to $1.07 per unit/Class A share for Q4 2022.","Beyond 2023, expects annual distribution increases of ~$0.15/unit until coverage ratio ~160%.","Year-end 2022 leverage ratio expected ~3.8x, below mid-point of targeted 3.75x-4.25x range."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-22-000020","json":"https://secwatch.observer/filing/0001581990-22-000020.json","markdown":"https://secwatch.observer/filing/0001581990-22-000020.md","text":"https://secwatch.observer/filing/0001581990-22-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199022000020/0001581990-22-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199022000020/pagp-20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T13:52:29.155266+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":"dbaf5feca67bd9daec3b2f5a4ba82ebbd1bb12ba","claim":"PLAINS GP HOLDINGS LP reported Three Months Ended September 30, 2022 results: net income $ 384, EPS $ 0.48. Guidance raised.","evidence_excerpt":"Plains All American Pipeline Summary Financial Information (unaudited) (in millions, except per unit data) Three Months Ended September 30, % Nine Months Ended September 30, % GAAP Results 2022 2021 Change 2022 2021 Change Net income/(loss) attributable to PAA $ 384 $ (59) ** $ 774 $ 143 ** Diluted net income/(loss) per common unit $ 0.48 $ (0.15) ** $ 0.89 $ (0.01) **","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199022000020/0001581990-22-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended September 30, 2022"},{"label":"Net income","value":"$ 384"},{"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"}