Plains All American keeps 2026 adjusted EBITDA outlook at $2.88 billion +/- $75 million - PAA News | RalliesPlains All American keeps 2026 adjusted EBITDA outlook at $2.88 billion +/- $75 million
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PAA• 2026 outlook and capital plan
- Plains GP Holdings set 2026 adjusted EBITDA attributable to PAA at $2.88 billion, with a $75 million range.
- Adjusted free cash flow forecast is near $1.75 billion, excluding NGL sale proceeds.
- Distribution outlook includes a $0.15 per unit annual increase to $1.67 in 2026, with about $0.15 targeted annually thereafter.
- Capital spending outlook calls for $400 million to $450 million of investment capital net to PAA, with maintenance capital near $175 million.
- Leverage target held at 3.25x to 3.75x, with pro forma leverage at 3.3x at end of 2Q26.
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