{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-25-000003","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.070396+00:00","generated_at":"2026-05-27T00:55:05.232659+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Plains All American Q4 net income $36M; 2025 EBITDA guidance $2.80-2.95B","bullets":["Q4 2024 net income $36M, down 88% YoY; full-year $772M vs $1.23B in 2023.","Adjusted EBITDA attributable to PAA Q4 $729M, full-year $2.78B, above 2024 guidance top-end.","2025 Adjusted EBITDA guidance $2.80-2.95B; distribution raised 20% to $1.52 annualized per unit.","Closed three bolt-on acquisitions for ~$670M net to PAA, including Ironwood Midstream.","Issued $1B senior notes at 5.95% due 2035; leverage ratio 3.0x at year-end."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-25-000003","json":"https://secwatch.observer/filing/0001581990-25-000003.json","markdown":"https://secwatch.observer/filing/0001581990-25-000003.md","text":"https://secwatch.observer/filing/0001581990-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199025000003/0001581990-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199025000003/pagp-20250207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T00:55:05.232659+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}