{"filing":{"accession_number":"0001104659-26-105984","cik":"0001070423","ticker":"PAAPU","company_name":"PLAINS ALL AMERICAN PIPELINE LP","form":"8-K","filing_date":"2026-09-08","report_date":"2026-09-08","primary_document":"tm2624813d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926105984/tm2624813d1_8k.htm"},"events":[{"id":32107,"run_id":29496,"accession_number":"0001104659-26-105984","anchor_item_number":"2.02","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"Plains All American Pipeline completed the acquisition of 100% equity interests in EPIC Crude Holdings in two sequential tranches: 55% on October 1, 2025 (from Diamondback Energy and Kinetik Holdings), and the remaining 45% on November 1, 2025 (from Ares Management), resulting in full ownership and operational control of the Cactus III Pipeline. The transactions were accounted for as a business combination under ASC 805, with pro forma combined financial statements presented as if the acquisition had closed on January 1, 2025.","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-08","form":"8-K","submitted_at":null,"items":[{"id":35195,"accession_number":"0001104659-26-105984","item_number":"2.02","item_title":"Results of Operations and Financial Condition.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"PAA completed two sequential acquisitions of EPIC Crude Holdings: a 55% equity interest on October 1, 2025, and the remaining 45% on November 1, 2025, resulting in 100% ownership of the Cactus III Pipeline operator. The Item 2.02 disclosure presents pro forma combined financial statements as if the transactions had closed on January 1, 2025, which is the standard disclosure format for material M\u0026A activity. The filing explicitly states the transactions are \"accounted for as a business combination\" under ASC 805, confirming this is a material acquisition rather than a routine financial result.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T10:02:22.506610+00:00","company_name":"","ticker":null,"filing_date":""},{"id":35196,"accession_number":"0001104659-26-105984","item_number":"8.01","item_title":"Other Events.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"This Item 8.01 disclosure presents pro forma financial information for Plains All American Pipeline's acquisition of 100% equity interests in EPIC Crude Holdings and its general partner, completed in two tranches (55% from Diamondback Energy and Kinetik Holdings on October 31, 2025, and 45% from Ares Management effective November 1, 2025). The filing explicitly states \"The Transaction is accounted for as a business combination\" and provides pro forma condensed combined financial statements as if the transaction had closed on January 1, 2025. This is a material acquisition of a crude oil pipeline asset (Cactus III Pipeline) that gives PAA 100% ownership and operational control.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T10:02:22.506610+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":35195,"accession_number":"0001104659-26-105984","item_number":"2.02","item_title":"Results of Operations and Financial Condition.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"PAA completed two sequential acquisitions of EPIC Crude Holdings: a 55% equity interest on October 1, 2025, and the remaining 45% on November 1, 2025, resulting in 100% ownership of the Cactus III Pipeline operator. The Item 2.02 disclosure presents pro forma combined financial statements as if the transactions had closed on January 1, 2025, which is the standard disclosure format for material M\u0026A activity. The filing explicitly states the transactions are \"accounted for as a business combination\" under ASC 805, confirming this is a material acquisition rather than a routine financial result.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T10:02:22.506610+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-08"},{"id":35196,"accession_number":"0001104659-26-105984","item_number":"8.01","item_title":"Other Events.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"This Item 8.01 disclosure presents pro forma financial information for Plains All American Pipeline's acquisition of 100% equity interests in EPIC Crude Holdings and its general partner, completed in two tranches (55% from Diamondback Energy and Kinetik Holdings on October 31, 2025, and 45% from Ares Management effective November 1, 2025). The filing explicitly states \"The Transaction is accounted for as a business combination\" and provides pro forma condensed combined financial statements as if the transaction had closed on January 1, 2025. This is a material acquisition of a crude oil pipeline asset (Cactus III Pipeline) that gives PAA 100% ownership and operational control.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T10:02:22.506610+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-08"}]}