{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-23-000019","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.632871+00:00","generated_at":"2026-06-08T22:25:27.892661+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 Adj EBITDA $662M, raises FY23 guidance, plans 19% distribution hike","bullets":["Q3 Net income $203M ($0.20 diluted EPS); Adj EBITDA attributable to PAA $662M vs $623M YoY.","Raises 2023 Adj EBITDA guidance to $2.60-2.65B from $2.45-2.55B.","Plans to recommend 19% annualized distribution increase to $1.27/unit from $1.07, payable Feb 2024.","Permian JV acquires two crude gathering systems for $205M ($135M net to PAA).","Lowers long-term leverage target range by 0.5x to 3.25x-3.75x, expects year-end below 3.5x."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-23-000019","json":"https://secwatch.observer/filing/0001581990-23-000019.json","markdown":"https://secwatch.observer/filing/0001581990-23-000019.md","text":"https://secwatch.observer/filing/0001581990-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000019/0001581990-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000019/pagp-20231103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:25:27.892661+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":"add81b8202e8fc54e5d8dae0738edc955706c058","claim":"PLAINS GP HOLDINGS LP reported Three Months Ended September 30, 2023 results: net income $203 million, EPS $0.20.","evidence_excerpt":"Three Months Ended September 30, % Nine Months Ended September 30, % GAAP Results 2023 2022 Change 2023 2022 Change Net income attributable to PAA $ 203 $ 384 (47) % $ 918 $ 774 19 % Diluted net income per common unit $ 0.20 $ 0.48 (58) % $ 1.04 $ 0.89 17 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000019/0001581990-23-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended September 30, 2023"},{"label":"Net income","value":"$203 million"},{"label":"EPS","value":"$0.20"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fda953a88e5c702d45c77de6bd6d45fd70322ddf","claim":"PLAINS GP HOLDINGS LP updated its full-year 2023 guidance (raised).","evidence_excerpt":"Raising guidance for full-year 2023 Adjusted EBITDA attributable to PAA to $2.60 - $2.65 billion from $2.45 - $2.55 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199023000019/0001581990-23-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}