Plains All American Pipeline(PAA) - 2024 Q1 - Earnings Call Presentation

Disciplined approach to efficient growth Free Cash Flow Priorities Committed to capital discipline, significant return of capital & financial flexibility Plains' Investment Opportunity Generating multi-year Free Cash Flow & increasing returns of capital to equity holders 8 Segment Adj. EBITDA Walks $563 Lower Volumes / Winter Weather $553 ($27) +$17 Operating Cost / Other NGL Segment Key Drivers: 1Q23 to 1Q24 1Q23(A) Outside Permian / POPB / LH / Lease Gathering Canadian Mkt Opps / Merchant / Other 1Q24(A) ...