PAGP on Nasdaq
Plains GP Holdings
American pipe lines based in Houston, incorporated in Delaware1
In its 2026 annual report the company says: “Plains GP Holdings, L.P. is a publicly traded Delaware limited partnership that has elected to be taxed as a corporation for United States federal income tax purposes. We also own a 100% managing member interest in Plains All American GP LLC, a Delaware limited liability company that holds the non-economic general partner interest in AAP.”57 Its shares trade on Nasdaq under the symbol PAGP.1
$27.39 up 0.23 (0.83%)Price as of Oct 16, 2026 at 19:58 UTC
Last updated Oct 21, 2026.
Overview
Compare with PLAINS ALL AMERICAN PIPELINE LP, HF Sinclair or MPLX, or pick any stock.
- TickerPAGP on Nasdaq1
- IndustryPipe Lines (No Natural Gas)1
- HeadquartersHouston, United States1
- Websitewww.plainsallamerican.com
- Incorporated inDE5
- Business address333 Clay St, Suite 1600, Houston, Tx 770025
- Filer categoryLarge accelerated filer5
- Legal formLimited Partnership3
- Kind of organizationLimited partnership1
- LEI549300O56BSKRD8FAM123
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States3
- Registered withDivision of Corporations, Department of State, 53686593
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 96% of the revenue Plains GP Holdings broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Product | $45.7B | $47.2B | $42.5B |
| Service | $1.6B | $1.7B | $1.8B |
Business segments
Crude Oil brought in 100% of the revenue Plains GP Holdings broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Crude Oil | $47.1B | $48.7B | $44.1B |
| Natural Gas Liquids | $186.0M | $187.0M | $150.0M |
Regions
United States brought in 90% of the revenue Plains GP Holdings broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $41.7B | $43.5B | $39.8B |
| Canada | $5.6B | $5.4B | $4.5B |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue91¢$40.4B
- Other costs8¢$3.5B
- Income tax0¢$92.0M
- Profit1¢$260.0M
Out of $44.3B in revenue.7
Where each dollar of operating cash went, fiscal 2025
- Capital spending22¢$643.0M
- Share buybacks0¢$8.0M
- Kept or used elsewhere78¢$2.3B
Out of $2.9B of cash from operations.7
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $44.3B | $48.9B | $47.3B |
| Purchases and related costs | $40.4B | $45.2B | $43.9B |
| Field operating costs | $1.2B | $1.5B | $1.1B |
| General and administrative expenses | $348.0M | $334.0M | $305.0M |
| Depreciation and amortization | $953.0M | $901.0M | $912.0M |
| (Gains)/losses on asset sales, asset impairments and other, net (Note 7, Note 8) | -$54.0M | $159.0M | -$152.0M |
| Total costs and expenses | $42.8B | $48.0B | $46.1B |
| OPERATING INCOME | $1.4B | $862.0M | $1.2B |
| Equity earnings in unconsolidated entities | $382.0M | $452.0M | $369.0M |
| Gain on investments in unconsolidated entities, net (Note 8, Note 9) | $31.0M | $15.0M | $28.0M |
| Interest expense (net of capitalized interest of $11, $9 and $10, respectively) | -$467.0M | -$382.0M | -$386.0M |
| Other income, net | $21.0M | $16.0M | $102.0M |
| INCOME FROM CONTINUING OPERATIONS BEFORE TAX | $1.4B | $963.0M | $1.4B |
| Current income tax expense from continuing operations | -$1.0M | -$82.0M | -$70.0M |
| Deferred income tax expense from continuing operations | -$91.0M | -$42.0M | -$59.0M |
| INCOME FROM CONTINUING OPERATIONS, NET OF TAX | $1.3B | $839.0M | $1.2B |
| INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX (NOTE 3) | $383.0M | $231.0M | $192.0M |
| NET INCOME | $1.7B | $1.1B | $1.4B |
| Net income attributable to noncontrolling interests from continuing operations | -$1.2B | -$800.0M | -$1.1B |
| Net income attributable to noncontrolling interests from discontinued operations | -$275.0M | -$167.0M | -$138.0M |
| Net income attributable to noncontrolling interests | -$1.4B | -$967.0M | -$1.2B |
| Net income attributable to PAGP from continuing operations | $152.0M | $39.0M | $144.0M |
| Net income attributable to PAGP from discontinued operations | $108.0M | $64.0M | $54.0M |
| Net income attributable to PAGP | $260.0M | $103.0M | $198.0M |
| Interest expense, capitalized interest | $11.0M | $9.0M | $10.0M |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total revenues | $10.6B | $11.6B | $10.6B | $11.5B | $12.0B | $12.5B | $12.8B | $11.6B |
| OPERATING INCOME | $354.0M | $483.0M | $237.0M | $353.0M | -$17.0M | $195.0M | $330.0M | $355.0M |
| INCOME FROM CONTINUING OPERATIONS, NET OF TAX | $306.0M | $428.0M | $213.0M | $356.0M | $42.0M | $187.0M | $284.0M | $326.0M |
| INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX (NOTE 3) | $102.0M | $76.0M | $70.0M | $136.0M | $74.0M | $114.0M | $32.0M | $10.0M |
| NET INCOME | $408.0M | $504.0M | $283.0M | $492.0M | $116.0M | $301.0M | $316.0M | $336.0M |
| Net income attributable to PAGP | $62.0M | $83.0M | $30.0M | $84.0M | -$11.0M | $33.0M | $39.0M | $42.0M |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $329.0M | $349.0M | ||
| Trade accounts receivable and other receivables, net | $3.6B | $3.7B | ||
| Inventory | $211.0M | $261.0M | ||
| Current assets of discontinued operations (Note 3) | $479.0M | $415.0M | ||
| Other current assets | $87.0M | $72.0M | ||
| Total current assets | $4.7B | $4.8B | ||
| PROPERTY AND EQUIPMENT | $22.5B | $18.5B | ||
| Accumulated depreciation | -$5.7B | -$5.1B | ||
| Property and equipment, net | $16.9B | $13.4B | ||
| Investments in unconsolidated entities | $2.8B | $2.8B | $2.8B | |
| Intangible assets, net | $1.8B | $1.7B | ||
| Deferred tax asset | $1.1B | $1.2B | ||
| Linefill | $900.0M | $904.0M | ||
| Long-term operating lease right-of-use assets, net | $198.0M | $189.0M | ||
| Long-term inventory | $214.0M | $242.0M | ||
| Long-term assets of discontinued operations (Note 3) | $2.6B | $2.3B | ||
| Other long-term assets, net | $107.0M | $142.0M | ||
| Total assets | $31.3B | $27.8B | ||
| Trade accounts payable | $3.5B | $3.6B | ||
| Short-term debt | $563.0M | $407.0M | ||
| Current liabilities of discontinued operations (Note 3) | $382.0M | $350.0M | ||
| Other current liabilities | $500.0M | $520.0M | ||
| Total current liabilities | $4.9B | $4.9B | ||
| Senior notes, net | $9.1B | $7.1B | ||
| Other long-term debt, net | $1.6B | $70.0M | ||
| Long-term operating lease liabilities | $202.0M | $192.0M | ||
| Long-term liabilities of discontinued operations (Note 3) | $606.0M | $576.0M | ||
| Other long-term liabilities and deferred credits | $654.0M | $537.0M | ||
| Total long-term liabilities | $12.2B | $8.5B | ||
| Noncontrolling interests | $12.9B | $13.0B | ||
| Total partners capital | $14.2B | $14.3B | $15.0B | $14.6B |
| Total liabilities and partners capital | $31.3B | $27.8B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $329.0M | $349.0M | ||
| Trade accounts receivable and other receivables, net | $3.6B | $3.7B | ||
| Inventory | $211.0M | $261.0M | ||
| Current assets of discontinued operations (Note 3) | $479.0M | $415.0M | ||
| Other current assets | $87.0M | $72.0M | ||
| Total current assets | $4.7B | $4.8B | ||
| PROPERTY AND EQUIPMENT | $22.5B | $18.5B | ||
| Accumulated depreciation | -$5.7B | -$5.1B | ||
| Property and equipment, net | $16.9B | $13.4B | ||
| Investments in unconsolidated entities | $2.8B | $2.8B | $2.8B | |
| Intangible assets, net | $1.8B | $1.7B | ||
| Deferred tax asset | $1.1B | $1.2B | ||
| Linefill | $900.0M | $904.0M | ||
| Long-term operating lease right-of-use assets, net | $198.0M | $189.0M | ||
| Long-term inventory | $214.0M | $242.0M | ||
| Long-term assets of discontinued operations (Note 3) | $2.6B | $2.3B | ||
| Other long-term assets, net | $107.0M | $142.0M | ||
| Total assets | $31.3B | $27.8B | ||
| Trade accounts payable | $3.5B | $3.6B | ||
| Short-term debt | $563.0M | $407.0M | ||
| Current liabilities of discontinued operations (Note 3) | $382.0M | $350.0M | ||
| Other current liabilities | $500.0M | $520.0M | ||
| Total current liabilities | $4.9B | $4.9B | ||
| Senior notes, net | $9.1B | $7.1B | ||
| Other long-term debt, net | $1.6B | $70.0M | ||
| Long-term operating lease liabilities | $202.0M | $192.0M | ||
| Long-term liabilities of discontinued operations (Note 3) | $606.0M | $576.0M | ||
| Other long-term liabilities and deferred credits | $654.0M | $537.0M | ||
| Total long-term liabilities | $12.2B | $8.5B | ||
| Noncontrolling interests | $12.9B | $13.0B | ||
| Total partners capital | $14.2B | $14.3B | $15.0B | $14.6B |
| Total liabilities and partners capital | $31.3B | $27.8B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $1.7B | $1.1B | $1.4B |
| Income from discontinued operations, net of tax | -$383.0M | -$231.0M | -$192.0M |
| Depreciation and amortization | $953.0M | $901.0M | $912.0M |
| (Gains)/losses on asset sales, asset impairments and other, net (Note 7, Note 8) | -$54.0M | $159.0M | -$152.0M |
| Equity-indexed compensation expense | $50.0M | $52.0M | $51.0M |
| Deferred income tax expense | $91.0M | $42.0M | $59.0M |
| (Gain)/loss on foreign currency revaluation | $13.0M | -$12.0M | $3.0M |
| Settlement of terminated interest rate hedging instruments (Note 13) | $37.0M | $57.0M | $80.0M |
| Change in fair value of Preferred Distribution Rate Reset Option (Note 13) | $0 | $0 | -$58.0M |
| Equity earnings in unconsolidated entities | -$382.0M | -$452.0M | -$369.0M |
| Distributions on earnings from unconsolidated entities | $486.0M | $505.0M | $458.0M |
| Gain on investments in unconsolidated entities, net (Note 8, Note 9) | -$31.0M | -$15.0M | -$28.0M |
| Other | $15.0M | $17.0M | $18.0M |
| Trade accounts receivable and other | $207.0M | $94.0M | $79.0M |
| Inventory | $96.0M | $120.0M | $102.0M |
| Trade accounts payable and other | -$337.0M | -$77.0M | -$141.0M |
| Cash provided by operating activities - continuing operations | $2.4B | $2.2B | $2.2B |
| Cash provided by operating activities - discontinued operations | $484.0M | $254.0M | $475.0M |
| Net cash provided by operating activities | $2.9B | $2.5B | $2.7B |
| Cash paid in connection with acquisitions, net of cash acquired (Note 8) | -$2.7B | -$248.0M | -$425.0M |
| Investments in unconsolidated entities (Note 9) | -$2.0M | -$4.0M | -$33.0M |
| Additions to property, equipment and other | -$643.0M | -$448.0M | -$408.0M |
| Cash paid for purchases of linefill | -$27.0M | -$21.0M | -$10.0M |
| Proceeds from sales of assets (Note 8) | $81.0M | $11.0M | $328.0M |
| Other investing activities | $5.0M | $8.0M | |
| Cash used in investing activities - continuing operations | -$3.2B | -$705.0M | -$540.0M |
| Cash used in investing activities - discontinued operations | -$197.0M | -$170.0M | -$162.0M |
| Net cash used in investing activities | -$3.4B | -$875.0M | -$702.0M |
| Net borrowings/(repayments) under PAA commercial paper program (Note 11) | $577.0M | -$40.0M | $433.0M |
| Repayment under PAA EPIC credit agreement (Note 11) | -$1.1B | $0 | $0 |
| Borrowing under PAA term loan (Note 11) | $1.1B | $0 | $0 |
| Proceeds from the issuance of PAA senior notes (Note 11) | $3.0B | $650.0M | $0 |
| Repayments of PAA senior notes (Note 11) | -$1.0B | -$750.0M | -$1.1B |
| Repurchase of common units by a subsidiary (Note 12) | -$8.0M | $0 | |
| Repurchase of Series A preferred units by a subsidiary (Note 12) | -$333.0M | $0 | $0 |
| Distributions paid to Class A shareholders (Note 12) | -$301.0M | -$251.0M | -$209.0M |
| Distributions paid to noncontrolling interests (Note 12) | -$1.4B | -$1.3B | -$1.1B |
| Contributions from noncontrolling interests | $75.0M | $57.0M | $106.0M |
| Other financing activities | -$79.0M | -$49.0M | -$88.0M |
| Net cash provided by/(used in) financing activities | $474.0M | -$1.7B | -$2.0B |
| Effect of translation adjustment - continuing operations | $14.0M | -$13.0M | $3.0M |
| Effect of translation adjustment - discontinued operations | $0 | $2.0M | -$3.0M |
| Net increase/(decrease) in cash and cash equivalents and restricted cash | -$20.0M | -$104.0M | $49.0M |
| Interest, net of amounts capitalized | $431.0M | $351.0M | $377.0M |
| Income taxes, net of amounts refunded (Note 15) | $98.0M | $269.0M | $69.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Plains GP Holdings sits at the top of its group. 88 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Plains GP Holdings
- Energy Income Partners, LLC Filed SCHEDULE 13G on Plains GP Holdings, latest Feb 17, 2026 (4 filings since Feb 14, 2022)
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Filed SCHEDULE 13G/A on Plains GP Holdings, latest Jan 28, 2026 (6 filings since Feb 2, 2022)
- FIRST TRUST PORTFOLIOS LP Filed SC 13G/A on Plains GP Holdings, latest Aug 2, 2024 (4 filings since Jan 28, 2022)
- TORTOISE CAPITAL ADVISORS, L.L.C. Filed SC 13G on Plains GP Holdings, latest Feb 9, 2024 (3 filings since Feb 11, 2022)
- CHICKASAW CAPITAL MANAGEMENT LLC Filed SC 13G/A on Plains GP Holdings, latest Feb 4, 2022
- Plains GP Holdings Houston, Texas, United States
- Plains All American Pipeline 69% · Houston, Delaware, United States
- PLAINS GAS SOLUTIONS, LLC Subsidiary · 99% · Houston, Texas, United States
- PLAINS MARKETING, L.P. Subsidiary · 99% · Houston, United States
- PAA NATURAL GAS STORAGE, L.P. Subsidiary · Wilmington, Delaware, United States
- PNG MARKETING, LLC Subsidiary · Wilmington, Delaware, United States
- PLAINS AAP, L.P. Subsidiary · 99% · Houston, Delaware, United States
- Advantage Pipeline LLC Subsidiary · Texas, United States
- Alpha Crude Holdings LLC Subsidiary · Delaware, United States
- Aurora Pipeline Company Ltd. Subsidiary · Canada
- Bakersfield Crude Terminal LLC Subsidiary · Delaware, United States
- Black Knight Midstream, LLC Subsidiary · Delaware, United States
- Cactus II Pipeline LLC Subsidiary · Delaware, United States
- Cactus III Crude Holdings GP, LLC Subsidiary · Delaware, United States
- Cactus III Crude Holdings, LP Subsidiary · Delaware, United States
- Cactus III Crude Marketing, LP Subsidiary · Delaware, United States
- Cactus III Crude Pipeline, LP Subsidiary · Delaware, United States
- Cactus III Crude Services, L.P. Subsidiary · Delaware, United States
- Cactus III Crude Terminal Company, LP Subsidiary · Delaware, United States
- Cactus III Pipeline Company, LP Subsidiary · Delaware, United States
- Capline Pipeline Company LLC Subsidiary · Delaware, United States
- Cheyenne Pipeline LLC Subsidiary · Texas, United States
- Eagle Ford Crude Terminal LLC Subsidiary · Delaware, United States
- FM Gathering LLC Subsidiary · Delaware, United States
- Kern-Southland Energy Link LLC Subsidiary · Delaware, United States
- M2 Crude Oil Holdings, LLC Subsidiary · Texas, United States
- MDE 2 Holdings, LLC Subsidiary · Delaware, United States
- MDE Energy Solutions, LLC Subsidiary · Texas, United States
- MDE Midstream 2, LLC Subsidiary · Delaware, United States
- MDE Midstream Services, LLC Subsidiary · Delaware, United States
- and 58 more
- Plains All American Pipeline 69% · Houston, Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Plains GP Holdings reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $63.0M7 Dec 31, 2025 | $75.0M7 Dec 31, 2024 | −16.0% |
| Operating-lease assets (leased space) | $198.0M7 Dec 31, 2025 | $189.0M7 Dec 31, 2024 | +4.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $329.0M7 Dec 31, 2025 | $349.0M7 Dec 31, 2024 | −5.7% |
| Stakes in other companies (equity method) | $2.8B7 Dec 31, 2025 | $2.8B7 Dec 31, 2024 | +1.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $3.1B7 Dec 31, 2025 | $2.7B7 Dec 31, 2024 | +13.2% |
| Accumulated amortization | $1.3B7 Dec 31, 2025 | $1.0B7 Dec 31, 2024 | +27.3% |
| Finite-lived intangibles, net | $1.8B7 Dec 31, 2025 | $1.7B7 Dec 31, 2024 | +4.6% |
Inventory
Leadership
Who has led Plains GP Holdings, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
201520202025
- Chief financial officerAl Swanson Oct 15, 2013 to May 26, 201715
Board members and other officers (16)
- VP, Acctg & CAORussell Lee Montgomery Sep 10, 2026 to now16
- EVP - CommercialJeremy L. Goebel Mar 4, 2019 to Jan 5, 202317
- EVP - Operations & EngineeringDaniel J. Nerbonne Aug 29, 2016 to Sep 19, 201618
- VP-Acctg & Chief Acctg OfficerChris Herbold Oct 15, 2013 to Jan 19, 202119
- Executive Vice PresidentJohn Rutherford Oct 15, 2013 to Oct 23, 201320
- Sr. VP - Commercial ActivitiesJohn Vonberg Oct 15, 2013 to May 31, 201721
- EVP-Operations & Bus. DevelMark J. Gorman Oct 15, 2013 to Feb 9, 201622
- Executive Vice PresidentPhil D. Kramer Oct 15, 2013 to Jan 6, 201623
- Pres. of subsidiary-PMC ULCW. David Duckett Oct 15, 2013 to Jan 28, 201624
- Board memberCindy B. Taylor May 20, 2026 to now25
- Board memberOscar B. Brown Aug 22, 2017 to Jan 2, 201926
- Board memberJ. Taft Symonds Nov 22, 2016 to Aug 16, 201927
- Board memberBernard Francis Figlock Iii. Jan 9, 2015 to Jan 9, 201528
- Board memberEverardo Goyanes Oct 15, 2013 to Nov 19, 201929
- Board memberVicky Sutil Oct 28, 2013 to Oct 28, 201330
- General counselRichard K. McGee Oct 15, 2013 to Jan 5, 202131
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Advantage Pipeline LLC Texas6
- Alpha Crude Holdings LLC Delaware6
- Aurora Pipeline Company Ltd. Canada6
- Bakersfield Crude Terminal LLC Delaware6
- Black Knight Midstream, LLC Delaware6
- Cactus II Pipeline LLC Delaware6
- Cactus III Crude Holdings GP, LLC Delaware6
- Cactus III Crude Holdings, LP Delaware6
- Cactus III Crude Marketing, LP Delaware6
- Cactus III Crude Pipeline, LP Delaware6
- Cactus III Crude Services, L.P. Delaware6
- Cactus III Crude Terminal Company, LP Delaware6
- Cactus III Pipeline Company, LP Delaware6
- Capline Pipeline Company LLC Delaware6
- Cheyenne Pipeline LLC Texas6
- Eagle Ford Crude Terminal LLC Delaware6
- FM Gathering LLC Delaware6
- Kern-Southland Energy Link LLC Delaware6
- M2 Crude Oil Holdings, LLC Texas6
- MDE 2 Holdings, LLC Delaware6
- MDE Energy Solutions, LLC Texas6
- MDE Midstream 2, LLC Delaware6
- MDE Midstream Services, LLC Delaware6
- MDE Midstream, LLC Texas6
All 83 listed subsidiaries
- MDE Pipeline Logistics, LLC Texas6
- Midway Pipeline LLC Delaware6
- Niobrara Crude Terminal LLC Delaware6
- OMOG JV Holdings LLC Delaware6
- OMOG JV LLC Delaware6
- Oryx Delaware Oil Transport LLC Delaware6
- Oryx Midland Oil Gathering LLC Texas6
- Oryx Midland Oil Marketing LLC Delaware6
- Oryx Midstream Holdings LLC Delaware6
- Oryx Wink Oil Pipeline LLC Delaware6
- PAA Finance Corp. Delaware6
- PAA GP LLC Delaware6
- PAA Luxembourg S.a.r.l. Luxembourg6
- PAA Midstream LLC Delaware6
- PAA Natural Gas Storage, L.P. Delaware6
- PAA Service Corp. Texas6
- PAA/Vulcan Gas Storage, LLC Delaware6
- PMC (Nova Scotia) Company Nova Scotia6
- PNGS GP LLC Delaware6
- POPB NM Crude II LLC Delaware6
- POPBP DE Crude Holdings LLC Delaware6
- Pacific Pipeline System LLC Delaware6
- Plains AAP, L.P. Delaware6
- Plains All American Emergency Relief Fund, Inc. Texas6
- Plains All American GP LLC Delaware6
- Plains All American Pipeline, L.P. Delaware6
- Plains BK Holdco LLC Delaware6
- Plains Canada Liquid Pipelines ULC British Columbia6
- Plains Capline LLC Delaware6
- Plains EF Holdings LLC Delaware6
- Plains Eagle Ford Energy LLC Texas6
- Plains Eagle Ford Gas LLC Texas6
- Plains GP LLC Texas6
- Plains Gas Solutions, LLC Texas6
- Plains LPG Services CA LLC Texas6
- Plains LPG Services GP LLC Delaware6
- Plains LPG Services, L.P. Texas6
- Plains Marketing Bondholder, LLC Delaware6
- Plains Marketing CA LLC Texas6
- Plains Marketing Canada LLC Delaware6
- Plains Marketing, L.P. Texas6
- Plains Midstream Canada ULC British Columbia6
- Plains Midstream Luxembourg S.a.r.l. Luxembourg6
- Plains Midstream Superior LLC Texas6
- Plains Oryx Permian Basin LLC Delaware6
- Plains Oryx Permian Basin Marketing LLC Delaware6
- Plains Oryx Permian Basin Pipeline LLC Delaware6
- Plains Pipeline MidCon LLC Texas6
- Plains Pipeline Montana LLC Delaware6
- Plains Pipeline, L.P. Texas6
- Plains Products Terminals LLC Delaware6
- Plains Rail Holdings LLC Delaware6
- Plains South Texas Gathering LLC Texas6
- Rancho LPG Holdings LLC Delaware6
- Red River Pipeline Company LLC Delaware6
- Rocky Mountain Pipeline Montana LLC Delaware6
- St. James Rail Terminal LLC Delaware6
- Sunrise Pipeline LLC Delaware6
- Western Corridor Pipeline LLC Delaware6
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Sep 29, 20268-K Executive or director change; Regulation FD disclosure32
- Sep 14, 20268-K Entered a material agreement; Results of operations; New debt or obligation33
- Aug 7, 20268-K Completed an acquisition or sale; Regulation FD disclosure34
- Jun 17, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation35
- Jun 2, 20268-K Executive or director change36
- May 22, 20268-K Shareholder vote37
- May 13, 20268-K Executive or director change; Regulation FD disclosure38
- May 12, 20268-K Ended a material agreement; Completed an acquisition or sale; Regulation FD disclosure39
- May 8, 20268-K Results of operations; Regulation FD disclosure40
- Mar 3, 20268-K Entered a material agreement; New debt or obligation41
- Feb 6, 20268-K Results of operations; Regulation FD disclosure42
- Jan 16, 20268-K Financial statements and exhibits43
- Oct 16, 2013Went public Listed on NYSE1
- Jul 17, 2013Founded Plains GP Holdings is founded3
Calendar
Coming up
- Oct 30, 2026Dividend Ex-dividend; $0.4175 a share; paid 2026-11-13.44
- Nov 6, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.31 a share, on Nov 5, 2025.45
When it reported results
- Sep 14, 2026Reported quarterly or annual results33
- May 8, 2026Reported quarterly or annual results40
- Feb 6, 2026Reported quarterly or annual results42
- Nov 5, 2025Reported quarterly or annual results46
- Aug 8, 2025Reported quarterly or annual results47
- May 9, 2025Reported quarterly or annual results48
- Feb 7, 2025Reported quarterly or annual results49
- Nov 8, 2024Reported quarterly or annual results50
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
214 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 63 major events, 73 insider forms, 18 large holders, 40 other. The latest 20:
- Oct 7, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Oct 2, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 29, 20268-K EDGAR
- Sep 14, 20268-K EDGAR
- Sep 10, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 17, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 7, 20268-K EDGAR
- Jun 17, 20268-K EDGAR
- Jun 2, 20268-K EDGAR
- May 22, 20268-K EDGAR
- May 20, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
The 214 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 28, 2023 | Chiang Willie CWChairman & CEO | Buy | 62,000 | $16.24 | $1.0M | Form 4 |
| May 8, 2023 | Chiang Willie CWChairman & CEO | Buy | 75,000 | $13.25 | $993.8K | Form 4 |
| Aug 19, 2022 | DeSanctis EllenDirector | Buy | 10,000 | $11.98 | $119.8K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Energy Income Partners, LLCSCHEDULE 13G, 4 filings Feb 14, 2022 to Feb 17, 202651
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/SCHEDULE 13G/A, 6 filings Feb 2, 2022 to Jan 28, 202652
- FIRST TRUST PORTFOLIOS LPSC 13G/A, 4 filings Jan 28, 2022 to Aug 2, 202453
- TORTOISE CAPITAL ADVISORS, L.L.C.SC 13G, 3 filings Feb 11, 2022 to Feb 9, 202454
- CHICKASAW CAPITAL MANAGEMENT LLCSC 13G/A, 1 filing Feb 4, 202255
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Willie Chiang, | 65 | $887.5K | $12.3M56 |
| 2025 | Jeremy Goebel, | 48 | $618.8K | $11.6M56 |
| 2025 | Chris Chandler, | 54 | $618.8K | $9.1M56 |
| 2025 | Richard McGee, | 65 | $580.0K | $3.3M56 |
| 2025 | Al Swanson, | 62 | $565.0K | $3.2M56 |
| 2024 | Chairman, Chief ExecutiveOfficer and President | $837.5K | $8.5M56 | |
| 2024 | Executive Vice President andChief Financial Officer | $550.0K | $3.1M56 | |
| 2024 | Executive Vice PresidentGeneral Counsel and Secretary | $550.0K | $3.1M56 | |
| 2023 | Chairman, Chief ExecutiveOfficer and President | $800.0K | $7.5M56 | |
| 2023 | Executive Vice PresidentGeneral Counsel and Secretary | $550.0K | $2.9M56 | |
| 2023 | Executive Vice President andChief Financial Officer | $550.0K | $2.9M56 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Tortoise Capital Advisors, L.l.c. | 11,116,796 | $269.8M | 2.7% | −682,302 |
| Energy Income Partners, LLC | 9,045,863 | $219.5M | 3.5% | +71,087 |
| Massachusetts Financial Services Co /ma/ | 8,930,864 | $216.8M | 0.1% | −135,308 |
| Two Sigma Investments, LP | 7,199,867 | $174.7M | 0.1% | +9,640 |
| Clearbridge Investments, LLC | 6,854,964 | $166.4M | 0.1% | −91,118 |
| Goldman Sachs Group Inc | 6,556,006 | $159.1M | 0.0% | −521,921 |
| Artemis Investment Management LLP | 5,276,057 | $128.0M | 1.1% | −1,435,899 |
| Invesco Ltd. | 4,423,183 | $107.4M | 0.0% | +36,783 |
| Barrow Hanley Mewhinney & Strauss LLC | 4,207,381 | $102.1M | 0.3% | −270,882 |
| Bank Of America Corp /de/ | 3,865,600 | $93.8M | 0.0% | +112,893 |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | 3,795,000 | $92.1M | 4.1% | +335,000 |
| Morgan Stanley | 3,489,870 | $84.7M | 0.0% | −575,971 |
| UBS Group AG | 3,280,555 | $79.6M | 0.0% | −473,565 |
| Advisors Capital Management, LLC | 2,942,570 | $71.4M | 0.8% | +5,461 |
| D. E. Shaw & Co., Inc. | 2,904,729 | $70.5M | 0.0% | +1,435,748 |
| Hsbc Holdings PLC | 2,854,795 | $69.3M | 0.0% | +147,603 |
| Qube Research & Technologies Ltd | 2,283,853 | $55.4M | 0.1% | −328,205 |
| BlackRock, Inc. | 2,031,022 | $49.3M | 0.0% | −220,028 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2,012,334 | $48.8M | 0.1% | −52,521 |
| Brookfield Corp /ON/ | 1,921,458 | $46.6M | 0.1% | −65,700 |
| Blackstone Inc. | 1,900,132 | $46.1M | 0.2% | −79,029 |
| Vanguard Portfolio Management LLC | 1,860,469 | $45.2M | 0.0% | −436,760 |
| Recurrent Investment Advisors LLC | 1,791,325 | $43.6M | 2.7% | −333,622 |
| Bnp Paribas Financial Markets | 1,577,575 | $38.3M | 0.0% | −514,660 |
| Pathstone Holdings, LLC | 1,500,302 | $36.4M | 0.1% | +1,220,812 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Sep 26, 2024 | Ritchie TorresDemocratic, House | Buy | $1,001 - $15,000 | +12.2% | Report |
| Apr 15, 2020 | David A Perdue , Jr, Senate | Sale | $1,001 - $15,000 | −127.1% | Report |
| Mar 20, 2020 | David A Perdue , Jr, Senate | Buy | $1,001 - $15,000 | +116.3% | Report |
| Mar 20, 2020 | David A Perdue , Jr, Senate | Buy | $1,001 - $15,000 | +116.3% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Plains GP Holdings is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPLAINS GP HOLDINGS LP2
- CIK0001581990
- Employer ID (EIN)90-100547257
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company57
- Incorporated inDelaware57
- Fiscal year endsDecember 312
- Industry code (SIC)4610 Pipe Lines (No Natural Gas)2
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
- Business address333 Clay St, Suite 1600, Houston, TX 770022
- Phone713-646-41002
- Shares outstanding197,904,124 as of Jul 31, 202613
- Public float$3.7B as of Jun 30, 202557
- AuditorPricewaterhouseCoopers LLP, Houston, Texas PCAOB ID 238; it also attests to the company’s internal control over financial reporting57
- On EDGAR sinceJul 29, 20132
- Filings840 in all: 4 (340), 8-K (202), 10-Q (39), 3 (39), SC 13G/A (30), CORRESP (23), SC 13G (21), UPLOAD (19)2
All 40 form types
424B7 (14), 10-K (13), DEFA14A (13), 4/A (10), DEF 14A (10), EFFECT (10), S-3 (9), S-3ASR (5), ARS (4), S-1/A (4), 424B5 (3), 5 (3), 8-K/A (3), PRER14A (3), 3/A (2), 424B3 (2), 8-A12B (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 25 (1), 424B1 (1), 424B4 (1), 8-A12B/A (1), CERT (1), CERTNYS (1), FWP (1), PRE 14A (1), S-1 (1), S-3/A (1), S-8 (1), SC 13D (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Feb 27, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 10, 2026
Latest 8-K (8-K) Sep 29, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Shares, Representing Limited Partner Interests | PAGP | The Nasdaq Global Select Market |
From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).57
Risk factors and legal proceedings
The risks Plains GP Holdings names in Item 1A of its 10-K filed Feb 27, 2026: 70 risks under these headings, as written.57
- Risks Inherent in an Investment in Us
- Risks Related to Conflicts of Interest
- Risks Related to PAA’s Business
- Risks Related to Laws and Regulations Impacting PAA’s Business
- Risks Inherent in an Investment in PAA
- Our cash flow will be entirely dependent upon the ability of PAA to make cash distributions to AAP, and the ability of AAP to make cash distributions to us.
- The distributions AAP is entitled to receive may fluctuate, which may reduce cash distributions to our Class A shareholders.
- If distributions on our Class A shares are not paid with respect to any fiscal quarter, our Class A shareholders will not be entitled to receive that quarter’s payments in the future.
- The amount of cash that we and PAA distribute each quarter may limit our ability to grow.
- Restrictions in PAA’s credit facilities could limit AAP’s ability to make distributions to us, thereby limiting our ability to make distributions to our Class A shareholders.
- The Class B shareholders own a significant number of shares, which may make the removal of our general partner difficult.
- Our general partner may cause us to issue additional Class A shares or other equity securities, including equity securities that are senior to our Class A shares, or cause AAP to issue additional securities, in each case without shareholder approval, which may adversely affect our shareholders.
The other 63 risks
- If PAA’s unitholders remove PAA GP as PAA’s general partner, AAP may be required to sell or exchange its indirect general partner interest and we may lose our ability to manage and control PAA.
- Shareholders may not have limited liability if a court finds that shareholder action constitutes control of our business.
- If in the future we cease to manage and control PAA, we may be deemed to be an investment company under the Investment Company Act of 1940.
- Our partnership agreement restricts the rights of shareholders owning 20% or more of our shares.
- If PAA’s general partner, which is owned by AAP, is not fully reimbursed or indemnified for obligations and liabilities it incurs in managing the business and affairs of PAA, its value, and, therefore, the value of our Class A shares, could decline.
- The price of our Class A shares may be volatile, and holders of our Class A shares could lose a significant portion of their investments.
- An increase in interest rates may cause the market price of our shares to decline.
- Future sales of our Class A shares in the public market could reduce our Class A share price, and any additional capital raised by us through the sale of equity or convertible securities may have a dilutive effect on our shareholders.
- The Legacy Owners hold a meaningful portion of the combined voting power of our Class A and Class B shares.
- A valuation allowance on our deferred tax asset could reduce our earnings.
- We may incur liability as a result of our ownership of our and PAA’s general partner.
- Conflicts of interest may arise as a result of our organizational structure and the current and future relationships among us, PAA, our respective general partners, the Legacy Owners and affiliated entities.
- Our partnership agreement defines our general partner’s duties to us and contains provisions that reduce the remedies available to our shareholders for actions that might otherwise be challenged as breaches of fiduciary or other duties under state law.
- The Legacy Owners may have interests that conflict with holders of our Class A shares.
- If we are presented with business opportunities, PAA has the first right to pursue such opportunities.
- Our general partner’s affiliates and the Legacy Owners may compete with us.
- Our general partner has a call right that may require our shareholders to sell their Class A shares at an undesirable time or price.
- PAA’s profitability depends on the volume of crude oil, natural gas and NGL shipped, processed, purchased, stored, fractionated and/or gathered at or through the use of its pipelines and facilities, which can be negatively impacted by a variety of factors outside of its control.
- PAA’s profitability can be negatively affected by a variety of factors stemming from competition in its industry, including recontracting and other risks associated with the general capacity overbuild of midstream energy infrastructure in some of the areas where it operates.
- Changes in supply and demand for the products PAA handles, which can be caused by a variety of factors outside of its control, can negatively affect its operating results.
- Natural disasters, catastrophes, terrorist attacks (including eco-terrorist attacks), process safety failures, equipment failures or other events, including pipeline or facility accidents and cyber or other attacks on PAA’s electronic and computer systems, could interrupt its operations, hinder its ability to fulfil its contractual obligations and/or result in severe personal injury, property damage and environmental damage, which could have a material adverse effect on its financial position, results of operations and cash flows.
- PAA’s business is highly dependent on the use of information and operations technology systems and the unavailability or ineffectiveness of such systems, whether due to cybersecurity attacks, data breaches, human error or other disruptions affecting PAA, or its service providers, could materially and adversely affect PAA’s business, operations, reputation and financial results.
- PAA’s and its customers’ operations are subject to various risks arising out of the threat of climate change.
- PAA may face opposition from various groups to the development or operation of its pipelines and facilities and PAA’s business may be subject to societal and political pressures.
- PAA is subject to scrutiny by financial stakeholders with respect to the perceived social and environmental cost of its industry and its governance structure, which may adversely impact its ability to raise capital from such investors.
- PAA’s crude oil and NGL merchant activities are influenced by the overall forward market for crude oil and NGL, and certain market structures, the absence of pricing volatility and other market factors may adversely impact its results.
- Acquisitions and divestitures involve risks that may adversely affect PAA’s business.
- Joint ventures, joint ownership arrangements and other capital projects pose unique challenges and PAA may not be able to fully implement or realize synergies, expected returns or other anticipated benefits associated with such projects.
- PAA may enter into new businesses in connection with its strategy to participate in emerging energy opportunities. If PAA is unable to execute on this strategy or operate these new lines of business effectively, PAA’s future growth could be limited. These new lines of business may never develop or may present risks that PAA cannot effectively manage.
- PAA is exposed to the credit risk of its customers and other counterparties it transacts with in the ordinary course of its business activities.
- Tightened capital markets or other factors that increase PAA’s cost of capital or otherwise limit its access to capital could impair its ability to achieve its strategic objectives.
- PAA’s risk policies cannot eliminate all risks and the insufficiency of, or non-compliance with its risk policies could result in significant financial losses.
- PAA’s insurance coverage may not fully cover its losses and it may in the future encounter increased costs related to, and lack of availability of, insurance.
- Trade tariffs, duties, quotas, inflation, supply disruptions or other factors affecting the commodities and materials PAA uses in its business could have a material and adverse impact on its results of operations, financial condition and cash flows.
- PAA’s business, results of operations, financial condition, cash flows and unit price can be adversely affected by pandemics, epidemics or other public health events.
- Loss of PAA’s investment grade credit rating or the ability to receive open credit could negatively affect its borrowing costs, ability to purchase crude oil, NGL and natural gas supplies or to capitalize on market opportunities.
- The terms of PAA’s indebtedness may limit its ability to borrow additional funds or capitalize on business opportunities. In addition, PAA’s current or future debt levels, or inability to borrow additional funds or capitalize on business opportunities, may limit its future financial and operating flexibility.
- Increases in interest rates could adversely affect PAA’s business and the trading price of its units.
- Changes in currency exchange rates could adversely affect PAA’s operating results.
- PAA’s business requires the retention and recruitment of a skilled workforce, and difficulties retaining and recruiting its workforce could result in a failure to implement PAA’s business plans.
- An impairment of long-term assets could reduce PAA’s earnings.
- PAA is dependent on the use or availability of third-party assets for certain of its operations.
- Significant under-utilization of certain assets could significantly reduce PAA’s profitability due to fixed costs incurred to obtain the right to use such assets.
- Many of PAA’s assets have been in service for many years and require significant expenditures to maintain them or remove them from service. As a result, its maintenance, repair or asset retirement costs may increase in the future.
- PAA does not own all of the land on which its pipelines and facilities are located, which could result in disruptions to its operations.
- The pace of development of natural gas infrastructure could have an adverse impact on expected crude oil production growth in the Permian Basin.
- PAA’s operations are subject to laws and regulations relating to protection of the environment (people, property and natural resources), operational safety, climate change and related matters that may expose it to significant costs and liabilities. The current laws and regulations affecting PAA’s business are subject to change and in the future PAA may be subject to additional laws, executive orders and regulations, which could adversely impact PAA’s business.
- PAA’s assets are subject to federal, state and provincial regulation. Rate regulation or a successful challenge to the rates PAA charges on its U.S. and Canadian pipeline systems may reduce the amount of cash it generates.
- Some of PAA’s operations cross the U.S./Canada border and are subject to cross-border regulation.
- PAA’s purchases and sales of crude oil, natural gas and NGL, and hedging activities, expose it to potential regulatory risks.
- Existing or future derivatives legislation and regulations could have an adverse impact on PAA’s ability to use derivative instruments to reduce the effect of commodity price, interest rate and other risks associated with its business and increase the amount of working capital required to conduct these hedging activities.
- Legislation, executive orders and regulatory initiatives relating to climate change could have a material adverse effect on PAA’s business, demand for its services, financial condition, results of operations and cash flows.
- Legislation, executive orders and regulatory initiatives relating to hydraulic fracturing or other hydrocarbon development activities could reduce domestic production of crude oil and natural gas.
- Laws and regulations pertaining to the protection of threatened and endangered species or to critical habitat, wetlands and natural resources could delay, restrict or prohibit PAA’s and its customers’ operations and cause PAA or its customers to incur substantial costs that may have a material adverse effect on its results of operations.
- Cost reimbursements due to PAA’s general partner may be substantial and will reduce PAA’s cash available for distribution to its unitholders.
- Cash distributions are not guaranteed and may fluctuate with PAA’s performance and the establishment of financial reserves.
- PAA’s preferred units have rights, preferences and privileges that are not the same as, and are preferential to, the rights of holders of PAA’s common units.
- The tax treatment of PAA depends on its status as a partnership for U.S. federal income tax purposes, as well as it not being subject to a material amount of additional entity-level taxation by individual states or foreign jurisdictions. If the IRS were to treat PAA as a corporation for U.S. federal income tax purposes or if PAA becomes subject to a material amount of additional entity-level or other form of taxation for state or foreign tax purposes, it would reduce the amount of cash available for distribution to us and increase the portion of our distributions treated as taxable dividends.
- The tax treatment of publicly traded partnerships or an investment in PAA common units could be subject to potential legislative, judicial or administrative changes or differing interpretations, possibly applied on a retroactive basis.
- If the IRS makes audit adjustments to PAA’s income tax returns, it (and some states) may assess and collect any taxes (including any applicable penalties and interest) resulting from such audit adjustments directly from PAA, in which case PAA’s cash distribution to AAP and our cash available for distribution to our shareholders might be substantially reduced.
- Taxable gain or loss on the sale of our Class A shares could be more or less than expected.
- Our current tax treatment may change, which could affect the value of our Class A shares or reduce our cash available for distribution.
- Any decrease in our Class A share price could adversely affect our amount of cash available for distribution.
Legal proceedings
The information required by this item is included in Note 19 to our Consolidated Financial Statements, and is incorporated herein by reference thereto.
The opening of Item 3, Legal Proceedings.57
Links
- Websitewww.plainsallamerican.com1
- LinkedInwww.linkedin.com/company/plains-all-american1
- WikidataQ19730939
- SEC EDGARCIK 1581990
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPlains GP Holdings on Wikidata
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- 4Yahoo FinancePAGP quote
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- 15SEC EDGARAl Swanson, Chief financial officer
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- 17SEC EDGARJeremy L. Goebel, EVP - Commercial
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- 25SEC EDGARCindy B. Taylor, Board member
- 26SEC EDGAROscar B. Brown, Board member
- 27SEC EDGARJ. Taft Symonds, Board member
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- 29SEC EDGAREverardo Goyanes, Board member
- 30SEC EDGARVicky Sutil, Board member
- 31SEC EDGARRichard K. McGee, General counsel
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- 36SEC EDGARExecutive or director change
- 37SEC EDGARShareholder vote
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- 43SEC EDGARFinancial statements and exhibits
- 44NasdaqNasdaq calendar
- 45NasdaqNasdaq calendar
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