Plains All American Pipeline, L.P. NGL — Long-term inventory costing adjustments decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from -$3.00M to $0.00. Over 2 years (FY 2022 to FY 2025), NGL — Long-term inventory costing adjustments shows an upward trend with a -100.0% CAGR.
Frequent or large adjustments may signal inventory obsolescence or significant shifts in long-term commodity price trends.
Reflects accounting adjustments made to the carrying value of long-term NGL inventory to align with market conditions or...
Comparable to 'Inventory Lower-of-Cost-or-Market (LCM) Adjustments' in financial reporting.
paa_segment_ngl_long_term_inventory_costing_adjustments| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$250.00K | -$250.00K | -$250.00K | -$250.00K | $0.00 | $0.00 | $0.00 | $0.00 | -$5.00M | -$3.00M | $0.00 | $0.00 | $3.00M | $0.00 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +100.0% | — | — | — | — | +40.0% | +100.0% | — | — | -100.0% |
| YoY Change | — | — | — | — | +100.0% | +100.0% | +100.0% | +100.0% | — | +40.0% | — | — | — | +100.0% |