Company: PAGP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001581990-25-000021
Chunk: 67

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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)(163)(8)(5)%Depreciation and amortization(235)(226)(9)(4)%(466)(449)(17)(4)%Losses on asset sales, net(42)(2)(40)**(29)(3)(26)**Equity earnings in unconsolidated entities94 106 (12)(11)%196 201 (5)(2)%Gain on investments in unconsolidated entities, net— — — N/A31 — 31 N/AInterest expense, net(110)(96)(14)(15)%(217)(190)(27)(14)%Other income, net8 8 — **14 3 11 **Income tax expense from continuing operations(16)(64)48 75 %(46)(88)42 48 %Income from continuing operations, net of tax213 284 (71)(25)%569 611 (42)(7)%Income from discontinued operations, net of tax (1)70 32 38 119 %206 42 164 **Net income283 316 (33)(10)%775 653 122 19 %Net income attributable to noncontrolling interests(253)(277)24 9 %(661)(572)(89)(16)%Net income attributable to PAGP$30 $39 $(9)(23)%$114 $81 $33 41 %Basic net income per Class A share:Continuing operations$0.05 $0.15 $(0.10)(67)%$0.29 $0.35 $(0.06)(17)%Discontinued operations0.10 0.05 0.05 100 %0.29 0.06 0.23 383 %Basic net income per Class A share$0.15 $0.20 $(0.05)(25)%$0.58 $0.41 $0.17 41 %Basic weighted average Class A shares outstanding198 197 1 1 %198 197 1 1 %Diluted net income per Class A share:Continuing operations$0.05 $0.15 $(0.10)(67)%$0.29 $0.35 $(0.06)(17)%Discontinued operations0.10 0.04 0.06 150