$re = '/(?ms)Value\s+0:\s+(?<value0>[^ ]+)Value/m';
$str = 'Mon Mar 9 14:18:14 2020: Unknown trap (.1.1.1.1.1..1) received from hostname.abcd.com at:
Value 0: hostname.abcd.com
Value 1: 1.2.3.4
Value 2: 11.22.33.44
Another sample value is
Mon Mar 9 13:38:23 2020: Unknown trap (.1.2.3.4.5.6) received from 19.19.19.19 at:
Value 0: 19.19.19.19
Value 1: 4.4.4.4.4
Value 2: 12.13.14.15';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php