Company: PAGP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001581990-25-000021
Chunk: 36

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 $0.41 Diluted Net Income per Class A ShareNet income attributable to PAGP from continuing operations$10 $30 $56 $69 Net income attributable to PAGP from discontinued operations$20 $9 $58 $12 Incremental net income attributable to PAGP resulting from assumed exchange of AAP Management Units— 1 8 — Net income attributable to PAGP from discontinued operations including incremental net income from assumed exchange of AAP Management Units$20 $10 $66 $12 Basic weighted average Class A shares outstanding198 197 198 197 Dilutive shares resulting from assumed exchange of AAP Management Units— 35 35 — Diluted weighted average Class A shares outstanding198 232 233 197 Diluted Net Income per Class A Share: Continuing operations$0.05 $0.15 $0.29 $0.35 Discontinued operations0.10 0.04 0.28 0.06 Diluted net income per Class A share$0.15 $0.19 $0.57 $0.41 

18

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

Note 5—Inventory, Linefill and Long-term Inventory

 Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions): June 30, 2025December 31, 2024 VolumesUnit ofMeasureCarryingValuePrice/Unit (1)VolumesUnit ofMeasureCarryingValuePrice/Unit (1)Inventory        Crude oil1,640 barrels$102 $62.20 3,321 barrels$221 $66.55 NGL746 barrels39 $52.28 603 barrels26 $43.12 OtherN/A 10 N/AN/A 14 N/AInventory subtotal  151    261  Linefill        Crude oil15,830 barrels939 $59.32 15,463 barrels903 $58.40 NGL33 barrels1 $30.30 32 barrels1