{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-24-000003","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2024-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.697816+00:00","generated_at":"2026-06-06T04:50:19.763959+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 GP reports Q4 net income $312M, Adj. EBITDA $737M; guides 2024 Adj. EBITDA $2.625-2.725B","bullets":["Q4 2023 net income attributable to PAA $312M (+19% YoY); diluted EPS $0.35 GAAP, $0.42 adjusted.","Full-year Adj. EBITDA attributable to PAA $2.711B above guidance; 2024 guidance $2.625-2.725B.","Board approved 19% distribution increase to $1.27/unit annualized, payable from Feb 2024.","2024 expected Adj. FCF (excl. changes in A&L) $1.65B; after distributions ~$500M.","Year-end leverage 3.1x; 2024 capital plan: investment $375M, maintenance $230M net to PAA."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-24-000003","json":"https://secwatch.observer/filing/0001581990-24-000003.json","markdown":"https://secwatch.observer/filing/0001581990-24-000003.md","text":"https://secwatch.observer/filing/0001581990-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000003/0001581990-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000003/pagp-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:50:19.763959+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":"19241d1e5920c4fb10d90247e3d6c6e5a3fdbaa7","claim":"PLAINS GP HOLDINGS LP updated its full-year 2024 guidance (initiated).","evidence_excerpt":"Expect full-year 2024 Adjusted EBITDA attributable to PAA of $2.625 - $2.725 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000003/0001581990-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2024"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"7180b7794830a7e8c8617d11b56c00ac33ec21fe","claim":"PLAINS GP HOLDINGS LP reported twelve months ended December 31, 2023 results: net income $1,230 million, EPS $1.40. Guidance reaffirmed.","evidence_excerpt":"full-year 2023 Net income attributable to PAA of $312 million and $1.23 billion, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000003/0001581990-24-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2023"},{"label":"Net income","value":"$1,230 million"},{"label":"EPS","value":"$1.40"},{"label":"Guidance","value":"reaffirmed"},{"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"}