Plains GP Holdings L.P. filed a Form 8-K on August 7, 2026, furnishing Exhibit 99.1 which reports the second-quarter 2026 financial results for Plains All American Pipeline, L.P. (PAA). PAA reported net income attributable to common unitholders of $1.83 billion, driven by a $1.6 billion gain from the sale of its Canadian NGL Business to Keyera Corp., which closed on May 12, 2026. Adjusted EBITDA attributable to PAA was $738 million, and pro forma leverage stood at 3.3x following approximately $2.9 billion in debt reduction. The company paid a quarterly cash distribution of $0.4175 per unit. Plains GP Holdings L.P. operates as the general partner control entity for Plains All American Pipeline, an integrated midstream energy company focused on crude oil transportation and storage.
