Business Context and Reporting Period
This Form 8-K is a current report filed by Plains GP Holdings, L.P. (PAGP) on December 5, 2016. The filing serves as a Regulation FD disclosure regarding an upcoming investor presentation by Willie Chiang, Executive Vice President and Chief Operating Officer (U.S.) of both Plains All American Pipeline, L.P. (PAA) and PAGP.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural notice regarding a future event rather than a financial results report.
Material Changes
No material changes to financial performance or operations are reported in this filing. The document solely announces the schedule and availability of a presentation.
Guidance, Outlook, and Management Commentary
Willie Chiang is scheduled to present at the 2016 Wells Fargo Securities Pipeline, MLP and Utility Symposium in New York on December 6, 2016, at 10:00 a.m. EST. The presentation will cover:
- An overview of PAA and PAGP.
- PAA's positioning in the crude oil value chain.
- Current and anticipated industry conditions.
- 2016 guidance.
- Strategic initiatives and financial position.
Prepared presentation materials will be available on the company website, and the event will be webcast live. The company explicitly states it does not undertake to update the information posted on its website, though future updates may occur via press releases or periodic reports.
Investor Verification Checklist
- Verify the actual content of the 2016 guidance and financial position presented on December 6, 2016, as this filing only announces the event.
- Review the webcast or presentation materials at the provided link for specific data points on revenue, EBITDA, and debt levels.
- Monitor subsequent filings (10-Q, 10-K) for the official financial results corresponding to the 2016 period discussed in the presentation.