Plains GP Holdings, L.P. Class A Shares (PAGP) Q2 2025 Earnings Call Transcript


Plains GP Holdings, L.P. Class A Shares (PAGP) Q2 2025 Earnings Call Transcript

Al P. Swanson - Executive VP & CFO of Plains All American GP LLC

Blake Michael Fernandez - Vice President of Investor Relations

Christopher R. Chandler - Executive VP & COO of Plains All American GP LLC

Jeremy L. Goebel - Executive VP & Chief Commercial Officer of Plains All American GP LLC

Wilfred C.W. Chiang - President, CEO & Chairman of Plains All American GP LLC

Conference Call Participants

Brandon B. Bingham - Scotiabank Global Banking and Markets, Research Division

Gabriel Philip Moreen - Mizuho Securities USA LLC, Research Division

John Ross Mackay - Goldman Sachs Group, Inc., Research Division

Michael Jacob Blum - Wells Fargo Securities, LLC, Research Division

Shneur Z. Gershuni - UBS Investment Bank, Research Division

Spiro Michael Dounis - Citigroup Inc., Research Division

Sunil Sibal - Unidentified Company

Thank you for standing by, and welcome to PAA and PAGP's Second Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Blake Fernandez, Vice President of Investor Relations. Please go ahead.

Blake Michael Fernandez

Thank you, Latif. Good morning, and welcome to Plains All American's Second Quarter 2025 Earnings Call. Today's slide presentation is posted on the Investor Relations website under the News and Events section at ir.plains.com. An audio replay will also be available following today's call. Important disclosures regarding forward-looking statements and non-GAAP financial measures are provided on Slide 2. An overview of today's call is provided on Slide 3, consolidated -- condensed consolidating balance sheet for PAGP and other reference materials are in the appendix. Today's call will be hosted by Willie Chiang, Chairman and CEO and President; and Al Swanson, Executive Vice President and CFO, along with other members of our management team.

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