• Plains All American Pipeline raised 2026 growth capital guidance to USD 400 million-USD 450 million net to PAA from about USD 350 million.
• Maintenance capital outlook unchanged at about USD 185 million net to PAA.
• Higher growth budget tied to projects in Permian long-haul, Canadian gathering, Permian gathering, including added Permian system spend for New Mexico Delaware volumes.
• Projects expected to deliver high returns, with EBITDA contribution targeted for 2027.
• Plains cited improved oil macro conditions, with about 1.2 million barrels a day of crude oil purchases supporting export connectivity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plains All American Pipeline LP published the original content used to generate this news brief on June 15, 2026, and is solely responsible for the information contained therein.