PLAINS GP HOLDINGS LP
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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4. Inventory, Linefill and Long-term Inventory
Note 4—Inventory, Linefill and Long-term Inventory
Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):
| September 30, 2024 · December 31, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Volumes · Unit ofMeasure · CarryingValue · Price/Unit (1) · Volumes · Unit ofMeasure · CarryingValue · Price/Unit (1) | ||||||||||||
| Inventory | ||||||||||||
| Crude oil | 2,618 | barrels | $180 | $68.75 | 5,877 | barrels | $383 | $65.17 | ||||
| NGL | 9,425 | barrels | 238 | $25.25 | 5,957 | barrels | 154 | $25.85 | ||||
| Other | N/A | 18 | N/A | N/A | 11 | N/A | ||||||
| Inventory subtotal | 436 | 548 | ||||||||||
| Linefill | ||||||||||||
| Crude oil | 15,644 | barrels | 925 | $59.13 | 15,409 | barrels | 909 | $58.99 | ||||
| NGL | 2,243 | barrels | 66 | $29.42 | 2,168 | barrels | 67 | $30.90 | ||||
| Linefill subtotal | 991 | 976 | ||||||||||
| Long-term inventory | ||||||||||||
| Crude oil | 3,240 | barrels | 221 | $68.21 | 3,256 | barrels | 232 | $71.25 | ||||
| NGL | 1,355 | barrels | 36 | $26.57 | 1,326 | barrels | 33 | $24.89 | ||||
| Long-term inventory subtotal | 257 | 265 | ||||||||||
| Total | $1,684 | $1,789 | ||||||||||
(1)Price per unit of measure is comprised of a weighted average associated with various grades, qualities and locations. Accordingly, these prices may not coincide with any published benchmarks for such products.
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