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Plains All American sees 2024 adjusted EBITDA $2.625B-$2.725B
The Fly

Plains All American sees 2024 adjusted EBITDA $2.625B-$2.725B

Expect full-year 2024 Adjusted EBITDA attributable to PAA of $2.625 – $2.725 billion; Reaffirming leverage ratio target range of 3.25x – 3.75x reflecting commitment to balance sheet strength and flexibility; Expect to generate approximately $1.65 billion of Adjusted Free Cash Flow and $500 million of Adjusted Free Cash Flow after Distributions. Remain focused on disciplined capital investments, anticipating full-year 2024 Investment and Maintenance Capital of +/- $375 million and +/- $230 million, net to PAA, respectively

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