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Plains GP Holdings LP (PAGP) Q4 2024 Earnings Call Highlights: Strong Performance and Strategic ...

GuruFocus | Stock Market Research, Data and Tools
Summary
Nutrition label

89% Informative

Plains GP Holdings LP (NASDAQ:PAGP) exceeded its expectations for the fourth quarter and full year 2024 , with adjusted EBITDA of $729 million and $2.78 billion respectively, surpassing initial guidance by approximately $105 million .

Permian Crude Production: Expected to grow to 300,000 barrels a day in 2025 .

- Annual Distribution Increase: $ 0.25 per unit increase, bringing the annual distribution to $ 1.52 per unit, representing a yield of approximately 7.5% .

- Noncash Impairment Charge: $140 million related to two US NGL terminal assets.

- Jeremy Goebel, Chief Commercial Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus ..

VR Score

92

Informative language

93

Neutral language

80

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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