Company: PAGP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001581990-25-000028
Chunk: 202

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 202
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696)(675)(21)(3)%Gains/(losses) on asset sales, net92 — 92 N/A64 (2)66 **Equity earnings in unconsolidated entities96 97 (1)(1)%292 298 (6)(2)%Gain on investments in unconsolidated entities, net— — — N/A31 — 31 N/AInterest expense, net(112)(97)(15)(15)%(330)(287)(43)(15)%Other income, net(9)10 (19)**5 14 (9)(64)%Income tax expense from continuing operations(30)(18)(12)(67)%(76)(106)30 28 %Income from continuing operations, net of tax428 187 241 129 %998 797 201 25 %Income from discontinued operations, net of tax (1)76 114 (38)(33)%281 156 125 80 %Net income504 301 203 67 %1,279 953 326 34 %Net income attributable to noncontrolling interests(421)(268)(153)(57)%(1,081)(839)(242)(29)%Net income attributable to PAGP$83 $33 $50 152 %$198 $114 $84 74 %Basic net income per Class A share:Continuing operations$0.31 $0.01 $0.30 **$0.60 $0.36 $0.24 67 %Discontinued operations0.11 0.16 (0.05)(31)%0.40 0.22 0.18 82 %Basic net income per Class A share$0.42 $0.17 $0.25 147 %$1.00 $0.58 $0.42 72 %Basic weighted average Class A shares outstanding198 197 1 1 %198 197 1 1 %Diluted net income per Class A share:Continuing operations$0.31 $0.01 $0.30 **$0.60 $0.36 $0.24 67 %Discontinued operations0.10 0.16 (0.06)(38)%0.39 0