Plains GP Holdings to sell NGL assets

The sale is expected to generate net income and profits for Tax Year 2026. The distribution made in respect of the Class A Share may be treated as taxable dividends. Form 8937 will be published after the closing of the transaction, implying adjustments during 2026. The article discussing the pending sale was published on March 6, 2026. Quotes: "In connection with the pending sale of NGL assets, Plains GP Holdings stated that the Company will generate net income and profits for Tax Year 2026." "As such, the distribution made in respect of the Class A Share may be treated as taxable dividends, resulting in the potential to pay taxes upon this portion of the distribution." "Additionally, the fact that Plains will need to publish Form 8937 after the closing of the transaction implies that there may be changes in Plains’ financial configuration that will impact various aspects of the Company’s distribution payments during 2026." "by Kyle March 6, 2026 Credits: Energies Media Internal edition"