On the Record · Plains GP Holdings

Plains GP Holdings acquisitions, on the record

The businesses Plains GP Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Additional 5% interest in Cactus II Pipeline LLC Word for word“Additionally, net income for 2023 includes favorable impacts from gains on asset sales and the mark-to-market adjustment of the Preferred Distribution Rate Reset Option compared to losses in the 2022 period, which were partially offset by the benefit to the 2022 period of a gain recognized associated with the remeasurement of our previously held 65% interest in Cactus II to fair value in connection with our acquisition of an additional 5% interest in Cactus II in November 2022.” 10-K for 2023	acquisition	November 2022	—
Over 100 acquisitions since the 1998 initial public offering Word for word“Since the completion of its initial public offering in 1998, PAA has completed and integrated over 100 acquisitions with an aggregate purchase price of approximately $14.4 billion, implemented investment capital projects totaling approximately $17.7 billion, returned $18.2 billion to its equity holders, primarily in the form of distributions, and enhanced its credit rating to investment grade from non-investment grade.” 10-K for 2023	acquisition	Since the completion of its initial public offering in 1998	approximately $14.4 billion
Several acquisitions (aggregate, excluding the Permian JV) Word for word“For example, from 2016 through December 31, 2023, we have completed several acquisitions for an aggregate of approximately $2.7 billion (which figure excludes the value of our Permian JV formed in October 2021), and we have completed asset sales and sales of partial interests in assets to strategic joint venture partners totaling more than $4.9 billion.” 10-K for 2023	acquisition	from 2016 through December 31, 2023	approximately $2.7 billion
Non-core assets and strategic sales of partial interests in selected assets (aggregate) Word for word“Additionally, since 2016 PAA has completed more than $4.9 billion of divestitures of non-core assets and/or strategic sales of partial interests in selected assets.” 10-K for 2023	divestiture	since 2016	more than $4.9 billion
over 100 acquisitions Word for word“Since the completion of its initial public offering in 1998, PAA has completed and integrated over 100 acquisitions with an aggregate purchase price of approximately $14.7 billion, implemented investment capital projects totaling approximately $18.1 billion, returned $19.3 billion to its equity holders, primarily in the form of distributions, and enhanced its credit rating to investment grade from non-investment grade.” 10-K for 2024	acquisition	Since the completion of its initial public offering in 1998	approximately $14.7 billion
several acquisitions Word for word“For example, from 2016 through December 31, 2024, we have completed several acquisitions for an aggregate of approximately $3.0 billion (which figure excludes the value of our Permian JV formed in October 2021), and we have completed asset sales and sales of partial interests in assets to strategic joint venture partners totaling more than $4.9 billion.” 10-K for 2024	acquisition	from 2016 through December 31, 2024	approximately $3.0 billion
non-core assets and/or strategic sales of partial interests in selected assets Word for word“Additionally, since 2016 PAA has completed more than $4.9 billion of divestitures of non-core assets and/or strategic sales of partial interests in selected assets.” 10-K for 2024	divestiture	since 2016	more than $4.9 billion
two additional acquisitions Word for word“In addition, in the first quarter of 2025, PAA closed two additional acquisitions for approximately $580 million, net to our interest.” 10-K for 2024	acquisition	in the first quarter of 2025	approximately $580 million
Delaware Basin gathering system Word for word“The Permian JV acquired an additional Delaware Basin gathering system in January 2025.” 10-K for 2024	acquisition	January 2025	—
Eagle Ford gathering system Word for word“We acquired an additional Eagle Ford gathering system in January 2025.” 10-K for 2024	acquisition	January 2025	—
Cactus III Pipeline (formerly the EPIC Crude Oil Pipeline) from EPIC Crude Holdings, LP Word for word“We own and operate the Cactus III Pipeline (formerly the EPIC Crude Oil Pipeline), which we acquired from EPIC Crude Holdings, LP (“EPIC”) in the fourth quarter of 2025.” 10-K for 2025	acquisition	the fourth quarter of 2025	—
Eagle Ford gathering system from Ironwood Midstream Energy Partners II, LLC Word for word“We acquired an additional Eagle Ford gathering system in the first quarter of 2025 from Ironwood Midstream Energy Partners II, LLC (“Ironwood Midstream”).” 10-K for 2025	acquisition	the first quarter of 2025	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Goodwill from acquisitions
2017-12-31	$269 million
2020-12-31	$2 million

Deal filings since 2016

2026-09-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-08-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2026-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-05-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2026-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-12-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-11-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-01-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-06-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-08-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-08-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-10-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Plains GP Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.