Plains Q3 net income $441M; acquires 100% of EPIC crude pipeline for ~$1.33B

PLAINS GP HOLDINGS LP

Net income $441M ($0.55 diluted EPS); adjusted EBITDA attributable to PAA $669M.
Completed acquisition of remaining 45% equity in EPIC for ~$1.33B (incl. ~$500M debt) on Nov 1, now owns 100%.
Full-year 2025 Adjusted EBITDA guidance $2.84-2.89B (includes ~$40M from EPIC); leverage at 3.3x low end.
Distribution declared $0.38 per unit for Q3, up 20% YoY; implied DCF per unit $0.61.
Pending sale of Canadian NGL business to Keyera expected to close in Q1 2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.