Company: PAGP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001581990-25-000021
Chunk: 42

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 L.P. AND SUBSIDIARIESNOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

PAA Common Unit Distributions. The following table details distributions to PAA’s common unitholders paid during or pertaining to the first six months of 2025 (in millions, except per unit data): DistributionsDistribution per Common UnitCommon UnitholdersTotal Cash DistributionDistribution Payment DateRecord Date (1)Quarter EndedPublicAAPAugust 14, 2025July 31, 2025June 30, 2025$179 $88 $267 $0.38 May 15, 2025May 1, 2025March 31, 2025$179 $88 $267 $0.38 February 14, 2025January 31, 2025December 31, 2024$179 $88 $267 $0.38 (1)Payable to unitholders of record at the close of business on the applicable Record Date.AAP Distributions. The following table details the distributions to AAP’s partners paid during or pertaining to the first six months of 2025 from distributions received from PAA (in millions): Distributions to AAP’s PartnersDistribution Payment DateRecord Date (1)Quarter EndedNoncontrolling InterestsPAGPTotal Cash DistributionAugust 14, 2025July 31, 2025June 30, 2025$13 $75 $88 May 15, 2025May 1, 2025March 31, 2025$13 $75 $88 February 14, 2025January 31, 2025December 31, 2024$13 $75 $88 (1)Payable to unitholders of record at the close of business on the applicable Record Date.Consolidated Joint Venture Distributions. The following table details distributions paid to noncontrolling interests in consolidated joint ventures during the periods presented (in millions):Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Permian JV$78 $74 $183 $148 Cactus II16 16 38 37 Red River3 7 8 13 $97 $97 $229 $198 

Note 8—Derivatives and Risk Management