{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-23-000002","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.702465+00:00","generated_at":"2026-06-19T21:48:33.083324+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":"Plains All American Q4 adj EBITDA $659M; 2023 guidance $2.45-2.55B; distribution raised","bullets":["Q4 2022 net income $263M ($0.30/unit); full-year net income $1.04B ($1.19/unit).","Adjusted EBITDA attributable to PAA: Q4 $659M (17% YoY), FY $2.51B (14% YoY).","2023 guidance: Adjusted EBITDA $2.45-2.55B; free cash flow ~$1.6B; year-end leverage ~3.5x.","Increased annualized distribution by $0.20 to $1.07/unit (paid Feb 2023); repurchased $74M units in 2022.","Generated FY 2022 free cash flow $1.61B; repaid $774M debt; year-end leverage 3.7x."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-23-000002","json":"https://secwatch.observer/filing/0001581990-23-000002.json","markdown":"https://secwatch.observer/filing/0001581990-23-000002.md","text":"https://secwatch.observer/filing/0001581990-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000002/0001581990-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000002/pagp-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:48:33.083324+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":"1dbd313e2dd2255fbbd27c2abe93b73e9f7de427","claim":"PLAINS GP HOLDINGS LP reported twelve months ended December 31, 2022 results: net income $1,037 million, EPS $1.19. Guidance initiated.","evidence_excerpt":"Plains All American Reports Fourth-Quarter and Full-Year 2022 Results; Announces 2023 Guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000002/0001581990-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2022"},{"label":"Net income","value":"$1,037 million"},{"label":"EPS","value":"$1.19"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"792368b25f9f105cb0956c6c0be5f15ed983a688","claim":"PLAINS GP HOLDINGS LP reported three months ended December 31, 2022 results: net income $263 million, EPS $0.30.","evidence_excerpt":"Plains All American Reports Fourth-Quarter and Full-Year 2022 Results; Announces 2023 Guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000002/0001581990-23-000002-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"Net income","value":"$263 million"},{"label":"EPS","value":"$0.30"},{"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"}