Below are the financial statements of Plains GP Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
Product sales revenues | 48,254a | 46,974a | 55,948a |
Services revenues | 1,819a | 1,738a | 1,394a |
Total revenues | 50,073a | 48,712a | 57,342a |
Costs and expenses | — | — | — |
Purchases and related costs | -45,560a | -44,531a | -53,176a |
Field operating costs | -1,768a | -1,425a | -1,315a |
General and administrative expenses | -387a | -356a | -330a |
Depreciation and amortization | -1,026a | -1,051a | -968a |
Gains/losses on asset sales, asset impairments and other, net | 160a | -152a | 269a |
Total costs and expenses | -48,901a | -47,211a | -56,058a |
Operating income | 1,172a | 1,501a | 1,284a |
Other income/(expense) | — | — | — |
Equity earnings in unconsolidated entities | 452a | 369a | 403a |
Gain on investments in unconsolidated entities, net | 15a | 28a | 346a |
Interest expense (net of capitalized interest of $9, $10 and $5, respectively) | -382a | -386a | -405a |
Other income/(expense), net | 17a | 102a | -219a |
Income before tax | 1,274a | 1,614a | 1,409a |
Current income tax expense | -195a | -145a | -84a |
Deferred income tax expense | -9a | -44a | -162a |
Net income | 1,070a | 1,425a | 1,163a |
Net income attributable to noncontrolling interests | -967a | -1,227a | -995a |
Net income attributable to PAGP | 103a | 198a | 168a |
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