Welcome to our dedicated page for Plains Gp Hldgs L P SEC filings (Ticker: PAGP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Plains GP Holdings, L.P. (PAGP) SEC filings page on Stock Titan provides access to the partnership’s public filings, including current reports on Form 8-K and other documents filed with the U.S. Securities and Exchange Commission. Plains GP Holdings, L.P. is a publicly traded entity that owns an indirect, non-economic controlling general partner interest and an indirect limited partner interest in Plains All American Pipeline, L.P. (PAA), and many of its filings describe activities of PAA and its subsidiaries within PAGP’s consolidated group.
Current reports on Form 8-K for PAGP frequently cover material definitive agreements, debt offerings, credit facilities, acquisitions or dispositions of assets, and results of operations and financial condition. For example, recent 8-K filings describe senior notes offerings by PAA and PAA Finance Corp. under an indenture and supplemental indentures, with details on maturities, interest payments, covenants and events of default. Other 8-Ks discuss purchase and sale agreements and equity purchase agreements related to EPIC Crude Holdings, LP and the EPIC Crude Oil Pipeline, as well as associated credit agreements and financial covenants.
Filings also address executive compensation and retention arrangements, including phantom unit awards tied to PAA common units and distribution equivalent rights, along with vesting conditions based on distributable cash flow per unit or continued service. Results-oriented 8-Ks furnish press releases reporting quarterly financial results for PAGP.
On Stock Titan, these SEC filings are updated from EDGAR and paired with AI-powered summaries that highlight key terms, obligations, covenants and transaction details. Users can quickly see which filings relate to new debt, credit agreements, asset acquisitions, or compensation changes, and then drill into the full text for deeper analysis.
Plains GP Holdings, L.P., through subsidiary Plains All American Pipeline, L.P. (PAA), amended two key bank credit facilities with Bank of America and other lenders. On February 26, 2026, PAA entered into a Third Amendment to its Revolver and a Third Amendment to its Hedged Inventory Facility.
The amendments primarily replace Plains Midstream Canada ULC (PMCULC) with Plains Canada Liquid Pipelines ULC (PCLPULC) as a borrower. Commitments to extend credit to PMCULC were terminated, PMCULC was released from its obligations and related collateral liens, and PCLPULC agreed to be bound as if originally a borrower, including granting a security interest under the Hedged Inventory Facility.
The amendments include customary conditions, representations, warranties and ratifications, and confirm that PAA’s guaranty of borrower obligations under the Hedged Inventory Facility remains in full force and effect. Importantly, they do not change aggregate lender commitments, maturity dates, pricing, covenants or other material economic terms of either facility.
Plains GP Holdings, L.P. files its 2025 annual report, outlining a midstream business anchored in a large crude oil platform and an expected exit from most Canadian NGL activities. Plains’ cash flow comes indirectly from Plains All American Pipeline through its interest in Plains AAP.
The report highlights a definitive agreement to sell the Canadian NGL Business to Keyera for about $5.15 billion CAD (about $3.75 billion USD), classified as held for sale and discontinued operations, with closing targeted around the end of first-quarter 2026, subject to regulatory approvals.
Plains details a vast crude oil network of roughly 20,405 miles of pipelines and gathering systems and 76 million barrels of commercial storage, heavily concentrated in the Permian Basin and key hubs like Cushing, St. James and Corpus Christi. The business is organized into Crude Oil and NGL segments, with the Canadian NGL Business reported separately.
Financial strategy centers on maintaining investment-grade credit metrics, including target leverage of 3.25x–3.75x (debt plus 50% preferred ÷ Adjusted EBITDA) and long‑term debt‑to‑capitalization near or below 50%. For 2026, Plains plans about $440 million of investment capital (approximately $350 million net) and $185 million of maintenance capital, roughly half directed to Permian JV assets.
Plains GP Holdings, L.P. received a beneficial ownership report from Energy Income Partners, LLC and several of its principals for its limited partnership interests. They report beneficial ownership of 8,854,011 units, representing 4.47% of the class as of 12/31/2025.
The group reports sole voting and dispositive power over 1,015,030 units and shared voting and dispositive power over 7,838,981 units
Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) reported strong fourth-quarter and full-year 2025 results and issued 2026 guidance. Net income attributable to PAA was
Full-year 2025 Adjusted EBITDA attributable to PAA reached
For 2026, PAA targets Adjusted EBITDA attributable to PAA at a midpoint of
Plains GP Holdings, L.P. received an updated ownership report from Massachusetts Financial Services Company (MFS) on a Schedule 13G/A. MFS reports beneficial ownership of 9,537,077 shares of Plains GP common stock, representing 4.8% of the class as of the event date.
MFS reports sole power to vote 9,516,370 shares and sole power to dispose of 9,537,077 shares, with no shared voting or dispositive power. MFS certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Plains GP Holdings, L.P. filed an amended current report to add detailed financial information related to its recent acquisition of the EPIC Crude Oil Pipeline business. A subsidiary of Plains All American Pipeline, L.P. completed the purchase of a 55% non-operated equity interest in EPIC Crude Holdings, LP and EPIC Crude Holdings GP, LLC from subsidiaries of Diamondback Energy, Inc. and Kinetik Holdings Inc., followed by a separate purchase of the remaining 45% interests from a subsidiary of Ares Management LLC. As a result of these transactions, Plains All American now indirectly owns 100% of EPIC Crude Holdings and EPIC Crude Holdings GP and will act as operator of record of the EPIC Pipeline.
This amendment supplies audited and unaudited financial statements for EPIC Crude Holdings and unaudited pro forma condensed combined financial information for Plains GP Holdings, helping investors see how the acquisition would have affected the company’s recent financial position and operating results. No other changes were made to the original report.
Plains GP Holdings (PAGP) reported that its consolidated subsidiaries, Plains All American Pipeline, L.P. and PAA Finance Corp., completed a public debt offering of $750 million in senior notes. The add-on issuance included $300 million of 4.700% Senior Notes due 2031 and $450 million of 5.600% Senior Notes due 2036.
These notes were issued as additional tranches to the September 2025 offerings and now bring each series to $1 billion outstanding. Interest is payable on January 15 and July 15, starting January 15, 2026. The notes are senior unsecured obligations of PAA, rank pari passu with its other senior debt, and are effectively subordinated to secured debt to the extent of collateral value. The issuers may redeem the notes before maturity at prices specified in the indenture.
The offering was conducted under an effective Form S-3 shelf (No. 333-281967). An underwriting agreement was executed on November 10, 2025 with Citigroup, CIBC, RBC Capital Markets, and SMBC Nikko as representatives of the underwriters. The indenture includes customary covenants and events of default.
Plains GP Holdings (PAGP) reported stronger Q3 2025 results and advanced a strategic divestiture. Total revenues were $11,578 million versus $12,456 million a year ago, while operating income rose to $483 million from $195 million on lower field operating costs and a $92 million gain on asset sales.
Net income attributable to PAGP was $83 million (diluted $0.41 per Class A share), up from $33 million (diluted $0.17) in Q3 2024. Year‑to‑date cash from operating activities was $2,147 million, up from $1,758 million, supporting higher cash and equivalents of $1,181 million as of September 30, 2025. Total debt was $9,449 million, reflecting new PAA senior notes issued in January and September and the October 3, 2025 redemption of $1.0 billion 4.65% notes due 2025.
PAGP classified its Canadian NGL business as discontinued operations after signing a definitive agreement to sell it to Keyera for approximately CAD$5.15 billion (about $3.75 billion), with closing expected in the first quarter of 2026, subject to customary approvals. Discontinued operations contributed $76 million of income in Q3. Class A cash distributions were $0.38 per share for each quarter of 2025. Class A shares outstanding were 197,888,124 as of October 31, 2025.
Plains GP Holdings (PAGP) reported that a wholly owned subsidiary of Plains All American Pipeline completed two transactions to acquire all interests in EPIC Crude Holdings and its general partner. On October 31, 2025, the buyer purchased an aggregate 55% interest from Diamondback and Kinetik for approximately $1.57 billion, inclusive of about $600 million of EPIC Term Loan debt, with a potential $193 million earnout tied to sanctioning an expansion to at least 900,000 barrels per day before the end of 2027. Effective November 1, 2025, it purchased the remaining 45% from an Ares subsidiary for approximately $1.33 billion, inclusive of about $500 million of EPIC Term Loan debt, with a potential earnout of up to $157 million based on additional sanctioned capacity before the end of 2028.
As a result, PAA now indirectly owns 100% of EPIC and will serve as operator of record of the EPIC Pipeline, which spans ~800 miles, has capacity of over 600,000 barrels/day, ~7 million barrels of storage, and over 200,000 barrels/day of export capacity. EPIC’s credit facilities include a $1.2 billion term loan (about $1.1 billion outstanding as of November 1, 2025; maturity October 15, 2031) and a $125 million revolver (maturity 2029), with quarterly-tested covenants.
Plains GP Holdings (PAGP) furnished an 8-K announcing it released its third-quarter 2025 results. The company provided the details in a press release attached as Exhibit 99.1. The disclosure appears under Items 2.02 and 7.01 and, consistent with General Instruction B.2, is furnished rather than filed.