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today industry macro as along demand. our be meeting positioned be confident all It's for volatile and we brief. comments cut, growing OPEC will result, continue will to recessionary well in unexpected to that production with is with the perspective long-term a North in As ongoing supply Ukraine. remain Through this, global concerns, the American months war the long an a term critical from Plains been of a the headlines few banking
$XXX through million. attributable execution. For quarter, is of XXXX, adjusted to the that, reporting EBITDA X, illustrated And on our just as on PAA and done first Slide focus we've
a the adjusted performance billion quarter year, our and for $X.XX reaffirming of As guidance XXXX. for our billion $X.XX result EBITDA of the outlook of are balance range our first we to
generation our distribution Additionally, expect common includes per we continue approximately unit recent which distribution cash $X.X and $X.XX of coverage of XXX%, annualized free billion increase. to flow
of focus Looking and expect announced flow targets leverage free that cash additional we of forward, detail annualized our our $X.XX capital portion and continued this per further our and distribution on framework, call. XXXX previously unit supports reduction. quarterly increases the outlook multiyear which debt performance will Al on share allocation in
the to me shift Permian. Let
we in of on to continue capture based plus expect increasing We XXXX approximately barrels assumed barrels system, day. million our X.XX exit of production or an a XXXX to day a exit exit volumes and XXX,XXX on production minus growth
rig with production Slide current and including long-haul to we in count the points, and commodity price volumes horizontal relatively expected environment. growth completion XXX our as year activity While year-over-year February Permian of by our crude average X, systems. in year, our continue oil on tracking we underpinned tariff guidance well gathering shown Consistent with monitor and our and data our in continued segment, line in still full expect growth early is horizontal rigs additional in
around wanted I to we to continue to front capital which capital-efficient facility, expect we Fort hand over detail Al, advance additional this later on to it I our and remains as share Before opportunities center reinforce discipline Saskatchewan year. that NGL
I'll the call to With that, over Al. turn
