| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Plains All American Inc. | 14.3 | | | | | | | |
| Targa Pipeline Mid-Continent West Tex, LLC | 15.1 | | | | | | | |
| Minimum | 8.0 | | | | | | | |
| Other | 42.2 | | | | | | | |
| Total revenues [+] | 79.6 | 58.4 | 104.8 | 118.1 | 89.3 | 56.8 | 79.1 | 144.6 |
| Oil & gas sales | | | | | | 38.3 | 45.6 | 91.0 |
| Oil & gas services | | | | | | 15.4 | 20.9 | 26.3 |
| Other | | | | | | | | 0.2 |
| Other income | | | | | | | 0.1 | 0.2 |
| Revenue growth | 36.3% | -44.3% | -11.2% | 32.2% | 57.3% | -28.2% | -45.3% | 15.6% |
| Cost of goods sold [+] | 11.6 | 9.0 | 15.4 | 14.5 | 12.0 | 40.1 | 52.8 | 65.2 |
| Lease costs | | | | | | 27.5 | 35.2 | 44.0 |
| Oil & gas services costs | | | | | | 12.5 | 17.6 | 21.2 |
| Gross profit | 68.0 | 49.4 | 89.4 | 103.6 | 77.3 | 16.7 | 26.3 | 79.4 |
| Gross margin | 85.5% | 84.6% | 85.3% | 87.7% | 86.6% | 29.4% | 33.2% | 54.9% |
| Selling, general and administrative [+] | 10.4 | 15.0 | 15.6 | 13.6 | 9.6 | 7.8 | 12.3 | 14.5 |
| General and administrative | 10.4 | 15.0 | 15.6 | 13.6 | 9.6 | 7.8 | 12.3 | 14.5 |
| Other operating expenses | 24.8 | -8.6 | 24.3 | 27.7 | -51.6 | -64.8 | -2.8 | -14.0 |
| EBITDA [+] | 32.8 | 43.0 | 49.4 | 62.4 | 119.3 | 73.6 | 16.8 | 79.0 |
| EBITDA growth | -23.9% | -12.9% | -20.8% | -47.7% | 62.2% | 338.9% | -78.8% | 60.7% |
| EBITDA margin | 41.1% | 73.7% | 47.2% | 52.8% | 133.6% | 129.6% | 21.2% | 54.6% |
| Depreciation and amortization | 26.3 | 28.2 | 36.2 | 37.7 | 36.1 | 30.2 | 31.6 | 25.9 |
| EBIT [+] | 6.4 | 14.9 | 13.3 | 24.7 | 83.2 | 43.4 | -14.8 | 53.1 |
| EBIT growth | -56.7% | 12.0% | -46.2% | -70.4% | 91.8% | -393.5% | -127.8% | 94.6% |
| EBIT margin | 8.1% | 25.4% | 12.7% | 20.9% | 93.2% | 76.5% | -18.7% | 36.7% |
| Non-recurring items [+] | 1.5 | 15.8 | 4.6 | 3.7 | 41.3 | 32.4 | 1.4 | 6.1 |
| Loss (gain) on sale of assets | 1.5 | 15.8 | 4.6 | 3.7 | 41.3 | 32.4 | 1.4 | 6.1 |
| Interest expense, net [+] | 2.0 | 1.9 | 0.0 | 0.0 | 0.0 | 3.5 | 3.6 | 4.0 |
| Interest expense | 2.0 | 1.9 | | | | 3.5 | 3.6 | 4.0 |
| Interest income | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Other income (expense), net [+] | 1.7 | 0.0 | -3.6 | -3.4 | -2.3 | | | |
| Unrealized gain/loss on derivatives | -4.9 | -0.2 | -2.8 | 5.3 | 0.5 | -3.6 | -16.9 | 17.6 |
| Other non-operating income | | 0.0 | | | | | | |
| Other | 0.0 | 0.2 | 0.1 | 0.2 | 0.2 | -0.1 | -0.1 | -0.2 |
| Pre-tax income | 4.6 | -2.9 | 5.1 | 17.6 | 39.7 | 7.5 | -19.8 | 43.0 |
| Income taxes | 2.5 | -0.5 | 1.4 | 3.0 | -7.8 | 2.1 | -6.6 | 13.8 |
| Tax rate | 54.2% | 18.0% | 28.0% | 16.9% | | 27.9% | 33.6% | 32.2% |
| Minority interest | 0.0 | 0.0 | 0.2 | 0.1 | 5.4 | 2.0 | -0.4 | 2.1 |
| Net income | 2.1 | -2.3 | 3.5 | 14.5 | 42.0 | 3.4 | -12.8 | 27.0 |
| Net margin | 2.6% | -4.0% | 3.3% | 12.3% | 47.0% | 6.1% | -16.2% | 18.7% |
| |
| Basic EPS [+] | $1.05 | ($1.16) | $1.72 | $6.95 | $18.99 | $1.50 | ($5.53) | $11.45 |
| Growth | -190.7% | -167.5% | -75.3% | -63.4% | 1164.5% | -127.2% | -148.3% | 127.5% |
| Diluted EPS [+] | $0.76 | ($1.16) | $1.25 | $5.11 | $14.18 | $1.13 | ($5.53) | $8.68 |
| Growth | -165.8% | -192.9% | -75.5% | -64.0% | 1153.4% | -120.5% | -163.7% | 125.2% |
| |
| Shares outstanding (basic) [+] | 2.0 | 2.0 | 2.0 | 2.1 | 2.2 | 2.3 | 2.3 | 2.4 |
| Growth | -0.1% | -1.2% | -3.3% | -5.6% | -3.6% | -0.8% | -2.0% | -3.1% |
| Shares outstanding (diluted) [+] | 2.7 | 2.0 | 2.8 | 2.8 | 3.0 | 3.0 | 2.3 | 3.1 |
| Growth | 37.6% | -28.3% | -2.2% | -4.0% | -2.7% | 31.7% | -25.8% | -2.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |