Plains GP Holdings, L.P.

Plains GP Holdings, L.P.

PAGPยทNASDAQ

$24.83

-1.1%
EnergyOil & Gas Midstream

Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. As of December 31, 2021, this segment owned and leased assets comprising 18,300 miles of crude oil and NGL pipelines and gathering systems; 38 million barrels of above-ground tank capacity; and 1,275 trailers. It engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2021, this segment owned and operated approximately 74 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; four natural gas processing plants; a condensate processing facility; nine fractionation plants; 16 NGL rail terminals; four marine facilities; and 110 miles of pipelines. As of December 31, 2021, this segment owned 15 million barrels of crude oil and 2 NGL linefill; 3 million barrels of crude oil and 1 NGL linefill in pipelines owned by third parties and other inventory; 640 trucks and 1,275 trailers; and 3,900 NGL railcars. The company offers logistics services to producers, refiners, and other customers. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$4.91B
EPS1.3100
P/E Ratio18.95
Earnings Date08/14/2026
1.72%
Dividend Yield
-14%
3Y-16.0%
5Y-10.0%
10Y-23.0%
53.49%
Dividend Payout Ratio
-56%
3Y+356.0%
5Y+7.0%
10Y-64.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Plains GP Holdings, L.P.

Plains GP Holdings, L.P. Dividend History

PAGP ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

PAGP Dividend Payment History

PAGP ยท NASDAQ

Total Payments

50

Latest Dividend

$0.4180

Annual Amount

$1.9750

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 6, 2026
May 1, 2026May 15, 2026
$0.4180
$0.4180
Quarterly0.00%
Jan 5, 2026
Jan 30, 2026Feb 13, 2026
$0.4180
$0.4180
Quarterly+10.00%
Oct 2, 2025
Oct 31, 2025Nov 14, 2025
$0.3800
$0.3800
Quarterly0.00%
Jul 2, 2025
Jul 31, 2025Aug 14, 2025
$0.3800
$0.3800
Quarterly0.00%
Apr 2, 2025
May 1, 2025May 15, 2025
$0.3800
$0.3800
Quarterly0.00%
Jan 7, 2025
Jan 31, 2025Feb 14, 2025
$0.3800
$0.3800
Quarterly+19.50%
Oct 2, 2024
Oct 31, 2024Nov 14, 2024
$0.3180
$0.3180
Quarterly0.00%
Jul 3, 2024
Jul 31, 2024Aug 14, 2024
$0.3180
$0.3180
Quarterly0.00%
Apr 4, 2024
May 1, 2024May 15, 2024
$0.3180
$0.3180
Quarterly0.00%
Jan 8, 2024
Jan 31, 2024Feb 14, 2024
$0.3180
$0.3180
Quarterly+18.66%
Oct 5, 2023
Oct 31, 2023Nov 14, 2023
$0.2680
$0.2680
Quarterly0.00%
Jul 6, 2023
Jul 31, 2023Aug 14, 2023
$0.2680
$0.2680
Quarterly0.00%
Apr 6, 2023
May 1, 2023May 15, 2023
$0.2680
$0.2680
Quarterly0.00%
Jan 9, 2023
Jan 31, 2023Feb 14, 2023
$0.2680
$0.2680
Quarterly+22.94%
Oct 10, 2022
Oct 31, 2022Nov 14, 2022
$0.2180
$0.2180
Quarterly0.00%
Jul 7, 2022
Jul 29, 2022Aug 12, 2022
$0.2180
$0.2180
Quarterly0.00%
Apr 5, 2022
Apr 29, 2022May 13, 2022
$0.2180
$0.2180
Quarterly+21.11%
Jan 10, 2022
Jan 31, 2022Feb 14, 2022
$0.1800
$0.1800
Quarterly0.00%
Oct 4, 2021
Oct 29, 2021Oct 29, 2021
$0.1800
$0.1800
Quarterly0.00%
Jul 7, 2021
Jul 30, 2021Aug 13, 2021
$0.1800
$0.1800
Quarterly0.00%
Apr 5, 2021
Apr 30, 2021May 14, 2021
$0.1800
$0.1800
Quarterly0.00%
Jan 7, 2021
Jan 29, 2021Feb 12, 2021
$0.1800
$0.1800
Quarterly0.00%
Oct 8, 2020
Oct 30, 2020Nov 13, 2020
$0.1800
$0.1800
Quarterly0.00%
Jul 6, 2020
Jul 31, 2020Aug 14, 2020
$0.1800
$0.1800
Quarterly0.00%
Apr 7, 2020
May 1, 2020May 15, 2020
$0.1800
$0.1800
Quarterly-50.00%
Jan 8, 2020
Jan 31, 2020Feb 14, 2020
$0.3600
$0.3600
Quarterly0.00%
Oct 7, 2019
Oct 31, 2019Nov 14, 2019
$0.3600
$0.3600
Quarterly0.00%
Jul 3, 2019
Jul 31, 2019Aug 14, 2019
$0.3600
$0.3600
Quarterly0.00%
Apr 4, 2019
May 1, 2019May 15, 2019
$0.3600
$0.3600
Quarterly+20.00%
Jan 8, 2019
Jan 31, 2019Feb 14, 2019
$0.3000
$0.3000
Quarterly0.00%
Oct 5, 2018
Oct 31, 2018Nov 14, 2018
$0.3000
$0.3000
Quarterly0.00%
Jul 9, 2018
Jul 31, 2018Aug 14, 2018
$0.3000
$0.3000
Quarterly0.00%
Apr 9, 2018
May 1, 2018May 15, 2018
$0.3000
$0.3000
Quarterly0.00%
Jan 8, 2018
Jan 31, 2018Feb 14, 2018
$0.3000
$0.3000
Quarterly0.00%
Oct 11, 2017
Oct 31, 2017Nov 14, 2017
$0.3000
$0.3000
Quarterly-45.45%
Jul 6, 2017
Jul 31, 2017Aug 14, 2017
$0.5500
$0.5500
Quarterly0.00%
Apr 18, 2017
May 1, 2017May 15, 2017
$0.5500
$0.5500
Quarterly0.00%
Jan 10, 2017
Jan 31, 2017Feb 14, 2017
$0.5500
$0.5500
Quarterly-0.36%
Oct 5, 2016
Oct 31, 2016Nov 14, 2016
$0.2060
$0.5520
Quarterly-10.39%
Jul 11, 2016
Jul 29, 2016Aug 12, 2016
$0.2310
$0.6160
Quarterly0.00%
Apr 8, 2016
Apr 29, 2016May 13, 2016
$0.2310
$0.6160
Quarterly0.00%
Jan 12, 2016
Jan 29, 2016Feb 12, 2016
$0.2310
$0.6160
Quarterly0.00%
Oct 7, 2015
Oct 30, 2015Nov 13, 2015
$0.2310
$0.6160
Quarterly+1.82%
Jul 8, 2015
Jul 31, 2015Aug 14, 2015
$0.2270
$0.6050
Quarterly+2.20%
Apr 7, 2015
May 1, 2015May 15, 2015
$0.2220
$0.5920
Quarterly+9.43%
Jan 8, 2015
Jan 30, 2015Feb 13, 2015
$0.2030
$0.5410
Quarterly+6.29%
Oct 8, 2014
Oct 31, 2014Nov 14, 2014
$0.1910
$0.5090
Quarterly+4.30%
Jul 8, 2014
Aug 1, 2014Aug 14, 2014
$0.1830
$0.4880
Quarterly+7.02%
Apr 7, 2014
May 2, 2014May 15, 2014
$0.1710
$0.4560
Quarterly+36.94%
Jan 13, 2014
Jan 31, 2014Feb 14, 2014
$0.1250
$0.3330
Quarterly-
pagp

Plains GP Holdings, L.P. Payout Ratio Analysis

PAGP ยท NASDAQ
Dividends Paid
-301.00M
2025
Net Income
260.00M
2025
Payout Ratio
115.77%
2025

Dividend Sustainability Analysis

Payout Ratio
115.77%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
13.2%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-19.9%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.