{"schema_version":"secwatch.filing_event.v1","accession":"0001581990-25-000025","form_type":"8-K","ticker":"PAGP","cik":"0001581990","company_name":"PLAINS GP HOLDINGS LP","filed_at":"2025-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.820592+00:00","generated_at":"2026-05-17T00:17:21.545298+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 Q3 net income $441M; acquires 100% of EPIC crude pipeline for ~$1.33B","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001581990-25-000025","json":"https://secwatch.observer/filing/0001581990-25-000025.json","markdown":"https://secwatch.observer/filing/0001581990-25-000025.md","text":"https://secwatch.observer/filing/0001581990-25-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581990/000158199025000025/0001581990-25-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581990/000158199025000025/pagp-20251105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:17:21.545298+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"}