Company: PAGP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001581990-25-000021
Chunk: 57

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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Table of ContentsPLAINS GP HOLDINGS, L.P. AND SUBSIDIARIESNOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The following tables reflect certain financial data from continuing operations for each segment (in millions):Crude OilNGLIntersegmentEliminationTotalThree Months Ended June 30, 2025Revenues (1):Product sales$10,178 $24 $(5)$10,197 Services444 2 (1)445 Total revenues10,622 26 (6)10,642 Significant segment expenses:Purchases and related costs (1)(9,742)(22)6 (9,758)Field operating costs(279)(7)— (286)Segment general and administrative expenses(75)(7)— (82)Total significant segment expenses(10,096)(36)6 (10,126)Equity earnings in unconsolidated entities94 — Other segment items (2):Depreciation and amortization of unconsolidated entities (3)20 — Derivative activities and inventory valuation adjustments (4)52 — Long-term inventory costing adjustments (5)17 — Deficiencies under minimum volume commitments, net (6)(9)— Equity-indexed compensation expense (7)8 — Foreign currency revaluation (8)9 — Transaction-related expenses (9)3 — Segment amounts attributable to noncontrolling interests in consolidated joint ventures (10)(140)— Total other segment items(40)— Segment Adjusted EBITDA$580 $(10)Investment and acquisition capital expenditures (11) (12)$218 $— $218 Maintenance capital expenditures (12)$43 $1 $44 As of June 30, 2025Investments in unconsolidated entities$2,709 $— $2,709 

33

Table of ContentsPLAINS GP HOLDINGS, L.P. AND SUBSIDIARIESNOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Crude OilNGLIntersegmentEliminationTotalSix Months Ended June 30, 2025Revenues (1):Product sales$21,185 $66 $(8)$21,243 Services876 1 (1)876 Total revenues22,061 67 (9)