{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-24-000011","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.068763+00:00","generated_at":"2026-06-02T23:09:21.224066+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Plains All American Q1 Adj. EBITDA $718M, raises distribution 19%, bolt-on acquisitions $110M","bullets":["Q1 net income $266M, Adj. EBITDA attributable to PAA $718M; on track to full-year guidance $2.625-2.725B.","Annualized common distribution raised $0.20 to $1.27 per unit (~19% increase).","Extended Permian long-haul contracts; weighted average duration ~5 years through 2028, including Cactus I/II and Basin/Sunrise.","Acquired additional 10% stake in Saddlehorn Pipeline and a Mid-Con terminal for aggregate ~$110M cash.","Expects underlying growth to offset lower contracted rates, leading to broadly flat Adj. EBITDA in 2026 vs 2024 crude guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-24-000011","json":"https://secwatch.observer/filing/0001581990-24-000011.json","markdown":"https://secwatch.observer/filing/0001581990-24-000011.md","text":"https://secwatch.observer/filing/0001581990-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000011/0001581990-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000011/pagp-20240503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:09:21.224066+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":"54291da6d18d528a58095e21615d5e3121632e95","claim":"PLAINS GP HOLDINGS LP reported first-quarter 2024 results: net income $266 million, EPS $0.29. Guidance reaffirmed.","evidence_excerpt":"Reported Net income attributable to PAA of $266 million and Net cash provided by operating activities of $419 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581990/000158199024000011/0001581990-24-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first-quarter 2024"},{"label":"Net income","value":"$266 million"},{"label":"EPS","value":"$0.29"},{"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"}