Completed the sale of Plains Midstream Canada ULC to Keyera Corp. for CAD $5.13 billion (approx. USD $3.76 billion). Net proceeds of approximately $3.3 billion will be used to reduce leverage and repay debt. Debt repayment includes the $1.1 billion term loan, commercial paper, and 4.50% senior notes due December 2026. The transaction marks the company's transition to a pure-play crude oil midstream operator. Transition services agreements are in place to support the handover of the Canadian NGL business.