Plains All American Pipeline LP (PAAPU) — SEC Filings
Plains All American Pipeline LP (PAAPU) — 33 SEC filings. Latest: 8-K (Dec 3, 2025). Includes 21 8-K, 6 10-Q, 2 DEF 14A.
View Plains All American Pipeline LP on SEC EDGAR
Overview
Plains All American Pipeline LP (PAAPU) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Dec 3, 2025: Plains All American Pipeline, L.P. reported on November 26, 2025, the entry into a material definitive agreement and the termination of a material definitive agreement. The company also disclosed the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. T
Sentiment Summary
Across 33 filings, the sentiment breakdown is: 4 bullish, 29 neutral. The dominant filing sentiment for Plains All American Pipeline LP is neutral.
Filing Type Overview
Plains All American Pipeline LP (PAAPU) has filed 21 8-K, 6 10-Q, 2 DEF 14A, 2 10-K, 2 SC 13G/A with the SEC between Feb 2024 to Dec 2025.
Filings by Year
Recent SEC Filings (33)
Risk Profile
Risk Assessment: Of PAAPU's 30 recent filings, 0 were flagged as high-risk, 15 as medium-risk, and 15 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $11.578B |
| Net Income | $441M |
| EPS | $0.55 |
| Debt-to-Equity | 1.33 |
| Cash Position | $1.180B |
| Operating Margin | 4.18% |
| Total Assets | $28.101B |
| Total Debt | $9.381B |
Industry Context
Plains All American Pipeline operates in the midstream energy sector, focusing on transportation, storage, and terminal services for crude oil and natural gas liquids. The industry is characterized by significant capital investment, regulatory oversight, and sensitivity to commodity prices and energy demand. Trends include consolidation, the need for infrastructure modernization, and increasing focus on ESG factors.
Top Tags
material-agreement (8) · financial-obligation (6) · disclosure (6) · financial-condition (5) · operations (4) · 10-Q (4) · pipeline (4) · filing (3) · Plains All American Pipeline (3) · debt (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net income attributable to PAA (Q3 2025) | $441M | Increased 100.5% from $220 million in Q3 2024 |
| Net income attributable to PAA (9 months 2025) | $1.093B | Increased 48.5% from $736 million in 9 months 2024 |
| Total revenues (Q3 2025) | $11.578B | Decreased from $12.456 billion in Q3 2024 |
| Operating income (Q3 2025) | $484M | Increased from $196 million in Q3 2024 |
| Cash consideration for Canadian NGL Business sale | $3.75B | Expected proceeds from sale to Keyera Corp. |
| Short-term debt (Sept 30, 2025) | $1.010B | Increased from $407 million at Dec 31, 2024 |
| Senior notes, net (Sept 30, 2025) | $8.371B | Increased from $7.141 billion at Dec 31, 2024 |
| Basic and diluted net income per common unit (Q3 2025) | $0.55 | Increased from $0.22 in Q3 2024 |
| Q2 2025 Product Revenue | $11.2B | Increased from $9.8B in Q2 2024, showing strong growth. |
| Q2 2025 Service Revenue | $750M | Increased from $720M in Q2 2024, indicating steady service demand. |
| H1 2025 Product Revenue | $22.1B | Up from $19.5B in H1 2024, reflecting sustained revenue expansion. |
| H1 2025 Service Revenue | $1.5B | Increased from $1.4B in H1 2024, demonstrating consistent service sector performance. |
| SEC File Number | 001-14569 | Identifies the company's filing history with the SEC. |
| IRS Employer Identification No. | 76-0582150 | Company's tax identification number. |
| Annual Meeting Date | 20250521 | Shareholders will vote on company matters at this meeting. |
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Frequently Asked Questions
What are the latest SEC filings for Plains All American Pipeline LP (PAAPU)?
Plains All American Pipeline LP has 33 recent SEC filings from Feb 2024 to Dec 2025, including 21 8-K, 6 10-Q, 2 DEF 14A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of PAAPU filings?
Across 33 filings, the sentiment breakdown is: 4 bullish, 29 neutral. The dominant sentiment is neutral.
Where can I find Plains All American Pipeline LP SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Plains All American Pipeline LP (PAAPU) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Plains All American Pipeline LP?
Key financial highlights from Plains All American Pipeline LP's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for PAAPU?
The investment thesis for PAAPU includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Plains All American Pipeline LP?
Executive information for Plains All American Pipeline LP is extracted from SEC filings as they are enriched with AI analysis.
What are the main risk factors for Plains All American Pipeline LP stock?
Of PAAPU's 30 assessed filings, 0 were flagged high-risk, 15 medium-risk, and 15 low-risk.
What are recent predictions and forward guidance from Plains All American Pipeline LP?
Forward guidance and predictions for Plains All American Pipeline LP are extracted from SEC filings as they are enriched.