Segment Adjusted EBITDA definition
Examples of Segment Adjusted EBITDA in a sentence
The measure of Segment Adjusted EBITDA forms the basis of our internal financial reporting and is the primary performance measure used by our CODM in assessing performance and allocating resources among our operating segments.
These maintenance investments are a component of field operating costs included in Segment Adjusted EBITDA or in maintenance capital, depending on the nature of the cost.
The following table reconciles Segment Adjusted EBITDA to Net income attributable to PAGP (in millions): Segment Adjusted EBITDA .
The exclusion of depreciation and amortization expense could be viewed as limiting the usefulness of Segment Adjusted EBITDA as a performance measure because it does not account in current periods for the implied reduction in value of our capital assets, such as pipelines and facilities, caused by age-related decline and wear and tear.
Our Chief Operating Decision Maker (“CODM”) (our Chief Executive Officer) evaluates segment performance based on measures including Segment Adjusted EBITDA (as defined below) and maintenance capital investment.
The exclusion of depreciation and amortization expense could be viewed as limiting the usefulness of Segment Adjusted EBITDA as a performance measure because it does not account in current periods for the implied reduction in value of our capital assets, such as crude oil pipelines and facilities, caused by age-related decline and wear and tear.
The following table reconciles Segment Adjusted EBITDA to Net income attributable to PAA (in millions): Segment Adjusted EBITDA .
Our CODM (our Chief Executive Officer) evaluates segment performance based on measures including Segment Adjusted EBITDA (as defined below) and maintenance capital.
The following table reconciles Segment Adjusted EBITDA to Net income/(loss) attributable to PAA (in millions): Segment Adjusted EBITDA .