Energy -
Oil & Gas Midstream - NASDAQ - US
$ 21.675
0.347 %
$ 4.28 B
Market Cap
29.69
P/E
1. INTRINSIC VALUE
Balance Sheet
Plains GP Holdings, L.P.
| Current Assets | 4.92 B |
| Cash & Short-Term Investments | 453 M |
| Receivables | 3.76 B |
| Other Current Assets | 703 M |
| Non-Current Assets | 23.7 B |
| Long-Term Investments | 2.82 B |
| PP&E | 16.1 B |
| Other Non-Current Assets | 4.77 B |
| Current Liabilities | 5 B |
| Accounts Payable | 3.84 B |
| Short-Term Debt | 446 M |
| Other Current Liabilities | 714 M |
| Non-Current Liabilities | 8.62 B |
| Long-Term Debt | 7.58 B |
| Other Non-Current Liabilities | 1.04 B |
EFFICIENCY
Earnings Waterfall
Plains GP Holdings, L.P.
| Revenue | 50.1 B |
| Cost Of Revenue | 0 |
| Gross Profit | 50.1 B |
| Operating Expenses | 381 M |
| Operating Income | 1.18 B |
| Other Expenses | 65 M |
| Net Income | 1.11 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Plains GP Holdings, L.P.
| Net Income | 1.11 B |
| Depreciation & Amortization | 1.03 B |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 379 M |
| Free Cash Flow | 2.49 B |
Wall Street Analysts Price Targets
Plains GP Holdings, L.P.
Wall Street analysts predict an average 1-year price target for PAGP of $19.8 , with forecasts ranging from
a
low of
$16 to a high of $23 .
PAGP Lowest Price Target
Wall Street Target
16 USD
-26.18%
PAGP Average Price Target
Wall Street Target
19.8 USD
-8.65%
PAGP Highest Price Target
Wall Street Target
23 USD
6.11%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.38 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Plains GP Holdings, L.P.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Sep 28, 2023
|
Bought
1.01 M USD
|
Chiang Willie CW
Chairman & CEO
|
+ 62000
|
16.237 USD |
|
1 year ago
May 08, 2023
|
Bought
994 K USD
|
Chiang Willie CW
Chairman & CEO
|
+ 75000
|
13.247 USD |
|
2 years ago
Aug 19, 2022
|
Bought
120 K USD
|
DeSanctis Ellen
director:
|
+ 10000
|
11.9803 USD |
|
4 years ago
Nov 18, 2020
|
Sell 50.1 M
USD
|
RAYMOND JOHN T
Director
|
- 6220955
|
8.05 USD |
|
4 years ago
Nov 18, 2020
|
Sell 50.1 M
USD
|
EMG Investment, LLC
|
- 6220955
|
8.05 USD |
|
4 years ago
Sep 16, 2020
|
Sell 22.1 K
USD
|
Burk Victor
Director
|
- 3004
|
7.37 USD |
|
4 years ago
Mar 18, 2020
|
Bought
76.2 K USD
|
SINNOTT ROBERT V
Director
|
+ 25000
|
3.05 USD |
|
4 years ago
Mar 18, 2020
|
Bought
180 K USD
|
SINNOTT ROBERT V
Director
|
+ 50000
|
3.59 USD |
|
4 years ago
Mar 17, 2020
|
Bought
123 K USD
|
SINNOTT ROBERT V
Director
|
+ 25000
|
4.9 USD |
|
4 years ago
Mar 16, 2020
|
Bought
147 K USD
|
SINNOTT ROBERT V
Director
|
+ 25000
|
5.89 USD |
|
4 years ago
Mar 16, 2020
|
Bought
242 K USD
|
Chiang Willie CW
Chairman and CEO
|
+ 41600
|
5.8157 USD |
|
4 years ago
Mar 18, 2020
|
Bought
380 K USD
|
ARMSTRONG GREG L
Director
|
+ 100000
|
3.8 USD |
|
4 years ago
Mar 12, 2020
|
Bought
70 K USD
|
ARMSTRONG GREG L
Director
|
+ 10000
|
7 USD |
|
4 years ago
Mar 12, 2020
|
Bought
75 K USD
|
ARMSTRONG GREG L
Director
|
+ 10000
|
7.5 USD |
|
4 years ago
Mar 12, 2020
|
Bought
147 K USD
|
PEFANIS HARRY N
President & CCO
|
+ 20000
|
7.355 USD |
|
5 years ago
Feb 26, 2020
|
Bought
432 K USD
|
PEFANIS HARRY N
President & CCO
|
+ 30000
|
14.3929 USD |
|
5 years ago
Feb 25, 2020
|
Bought
539 K USD
|
Chiang Willie CW
Chairman and CEO
|
+ 34328
|
15.6961 USD |
|
5 years ago
Feb 24, 2020
|
Bought
490 K USD
|
Chiang Willie CW
Chairman and CEO
|
+ 30672
|
15.9646 USD |
|
5 years ago
Feb 24, 2020
|
Bought
1.12 M USD
|
ARMSTRONG GREG L
Director
|
+ 70187
|
15.9047 USD |
|
5 years ago
Nov 20, 2019
|
Bought
1.03 M USD
|
Chiang Willie CW
CEO
|
+ 60000
|
17.136 USD |
|
5 years ago
Nov 20, 2019
|
Bought
1.03 M USD
|
ARMSTRONG GREG L
Director
|
+ 60000
|
17.1439 USD |
|
5 years ago
Nov 18, 2019
|
Bought
358 K USD
|
GOYANES EVERARDO
Director
|
+ 20000
|
17.9147 USD |
|
5 years ago
Sep 23, 2019
|
Sell 328 M
USD
|
Oxy Holding Co (Pipeline), Inc.
|
- 15000000
|
21.84 USD |
|
5 years ago
May 28, 2019
|
Sell 169 M
USD
|
RAYMOND JOHN T
Director
|
- 7328291
|
23.1 USD |
|
5 years ago
May 28, 2019
|
Sell 169 M
USD
|
EMG Investment, LLC
|
- 7328291
|
23.1 USD |
|
5 years ago
May 15, 2019
|
Sell 492 K
USD
|
GOYANES EVERARDO
Director
|
- 20000
|
24.5997 USD |
|
6 years ago
Dec 28, 2018
|
Bought
19.8 K USD
|
Brown Oscar K
Director
|
+ 1000
|
19.82 USD |
|
6 years ago
Dec 27, 2018
|
Bought
58.6 K USD
|
Brown Oscar K
Director
|
+ 3000
|
19.55 USD |
|
6 years ago
Dec 26, 2018
|
Bought
27.3 K USD
|
Brown Oscar K
Director
|
+ 1400
|
19.5294 USD |
|
6 years ago
Nov 23, 2018
|
Bought
51 K USD
|
Brown Oscar K
Director
|
+ 2500
|
20.4194 USD |
|
6 years ago
Sep 25, 2018
|
Bought
585 K USD
|
RAYMOND JOHN T
Director
|
+ 25000
|
23.3999 USD |
|
7 years ago
Feb 15, 2018
|
Bought
160 K USD
|
Brown Oscar K
Director
|
+ 7100
|
22.5054 USD |
|
7 years ago
Aug 10, 2017
|
Bought
52.7 K USD
|
McGee Richard K.
EVP, General Counsel & Sec.
|
+ 2500
|
21.075 USD |
|
7 years ago
Aug 09, 2017
|
Bought
425 K USD
|
GOYANES EVERARDO
Director
|
+ 20000
|
21.25 USD |
|
7 years ago
Aug 09, 2017
|
Bought
1.08 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 50000
|
21.5347 USD |
|
7 years ago
Jun 21, 2017
|
Bought
1.17 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 50000
|
23.4063 USD |
|
7 years ago
May 10, 2017
|
Bought
2.07 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 75000
|
27.6387 USD |
|
7 years ago
May 10, 2017
|
Bought
692 K USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 25000
|
27.6624 USD |
|
8 years ago
Mar 01, 2017
|
Bought
1.55 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 50000
|
31 USD |
|
8 years ago
Dec 29, 2016
|
Bought
533 B USD
|
PAA GP Holdings LLC
10 percent owner
|
+ 124800
|
4272457.63 USD |
|
8 years ago
Dec 28, 2016
|
Bought
984 B USD
|
PAA GP Holdings LLC
10 percent owner
|
+ 168063
|
5857320.94 USD |
|
9 years ago
Feb 10, 2016
|
Bought
1.13 M USD
|
SINNOTT ROBERT V
Director
|
+ 200000
|
5.65 USD |
|
9 years ago
Feb 10, 2016
|
Bought
572 K USD
|
SINNOTT ROBERT V
Director
|
+ 100000
|
5.72 USD |
|
9 years ago
Feb 10, 2016
|
Bought
1.13 M USD
|
SINNOTT ROBERT V
Director
|
+ 200000
|
5.65 USD |
|
9 years ago
Feb 10, 2016
|
Bought
572 K USD
|
SINNOTT ROBERT V
Director
|
+ 100000
|
5.72 USD |
|
9 years ago
Feb 11, 2016
|
Bought
560 K USD
|
Chiang Willie CW
EVP & COO (U.S.)
|
+ 100000
|
5.6042 USD |
|
9 years ago
Feb 10, 2016
|
Bought
600 K USD
|
Chiang Willie CW
EVP & COO (U.S.)
|
+ 100000
|
6 USD |
|
9 years ago
Feb 10, 2016
|
Bought
5.86 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 1000000
|
5.8637 USD |
|
9 years ago
Feb 10, 2016
|
Bought
115 K USD
|
PEFANIS HARRY N
President & COO
|
+ 20000
|
5.7495 USD |
|
9 years ago
Dec 21, 2015
|
Bought
3.14 M USD
|
RAYMOND JOHN T
Director
|
+ 423954
|
7.4 USD |
|
9 years ago
Nov 19, 2015
|
Bought
1.11 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 100000
|
11.0864 USD |
|
9 years ago
Sep 29, 2015
|
Bought
825 K USD
|
RAYMOND JOHN T
Director
|
+ 50000
|
16.497 USD |
|
9 years ago
Sep 03, 2015
|
Bought
0 USD
|
McGee Richard K.
EVP, General Counsel & Sec.
|
+ 39248
|
0 USD |
|
9 years ago
Aug 10, 2015
|
Bought
1.83 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 100000
|
18.2723 USD |
|
10 years ago
Nov 14, 2014
|
Sell 1.69 B
USD
|
Oxy Holding Co (Pipeline), Inc.
|
- 69000000
|
24.4375 USD |
|
10 years ago
Nov 14, 2014
|
Bought
2.5 M USD
|
RAYMOND JOHN T
Director
|
+ 100000
|
25 USD |
|
10 years ago
Mar 13, 2014
|
Bought
43.3 K USD
|
Burk Victor
Director
|
+ 1600
|
27.09 USD |
|
10 years ago
Mar 13, 2014
|
Bought
19 K USD
|
Burk Victor
Director
|
+ 700
|
27.0825 USD |
|
10 years ago
Mar 13, 2014
|
Bought
19 K USD
|
Burk Victor
Director
|
+ 700
|
27.082 USD |
|
11 years ago
Oct 21, 2013
|
Bought
990 K USD
|
GOYANES EVERARDO
Director
|
+ 45000
|
22 USD |
7. News
Should Value Investors Buy Plains Group (PAGP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 2 weeks ago
Plains GP Holdings: Income Stock With Significant Price Appreciation Potential
Plains GP Holdings has diversified midstream operations, primarily in crude oil, with 90% of revenue from investment-grade companies and 75% from fees. The company maintains financial stability with low leverage, strategic acquisitions, and a disciplined capital allocation policy focused on increasing dividends and growth capex. Risks include potential oil spills and financial pressure from extensive acquisitions, but management's prudent approach mitigates these concerns.
seekingalpha.com
- 3 weeks ago
Billionaire Investor Says 'Sell MLPs': Our Approach
My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our view on the sector right now.
seekingalpha.com
- 3 weeks ago
Plains GP Holdings, L.P. Class A Shares (PAGP) Q4 2024 Earnings Call Transcript
Plains GP Holdings, L.P. Class A Shares (NASDAQ:PAGP ) Q4 2024 Earnings Conference Call February 7, 2025 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman & Chief Executive Officer Al Swanson - Executive Vice President & Chief Financial Officer Jeremy Goebel - Executive Vice President & Chief Commercial Officer Chris Chandler - Executive Vice President & Chief Operating Officer Conference Call Participants Keith Stanley - Wolfe Research Manav Gupta - UBS Michael Blum - Wells Fargo Jeremy Tonet - JPMorgan Securities LLC Brandon Bingham - Scotiabank Spiro Dounis - Citi Sunil Sibal - Seaport Global Jean Ann Salisbury - Bank of America AJ O'Donnell - TPH Neal Dingmann - Truist Securities John Mackay - Goldman Sachs & Company Theresa Chen - Barclays Operator Good day and thank you for standing by.
seekingalpha.com
- 3 weeks ago
6 Midstream Companies in ENFR Grow Dividends
Several midstream companies have already announced increases to fourth-quarter dividends as earnings are underway. The midstream segment is known for offering generous income, which is a primary reason many advisors use energy infrastructure ETFs in portfolios.
etftrends.com
- 1 month ago
Plains GP (PAGP) Is Attractively Priced Despite Fast-paced Momentum
Plains GP (PAGP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
zacks.com
- 1 month ago
Are Investors Undervaluing Plains Group (PAGP) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 1 month ago
Pick These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratios
We have screened bargain stocks SM, SON, LOCO, GBX and PAGP based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.
zacks.com
- 1 month ago
Is Plains Group (PAGP) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 1 month ago
Fast-paced Momentum Stock Plains GP (PAGP) Is Still Trading at a Bargain
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Plains GP (PAGP) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
zacks.com
- 1 month ago
Strength Seen in Plains GP (PAGP): Can Its 6.1% Jump Turn into More Strength?
Plains GP (PAGP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
zacks.com
- 1 month ago
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are among the most rewarding investments. I share two high-yield, high-growth stocks that Mr. Market appears to be overlooking right now.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Plains GP Holdings, L.P. PAGP
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 4.28 B
Dividend Yield
0.00%
Description
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.
Contact
333 Clay Street, Houston, TX, 77002
https://www.plainsallamerican.com
IPO
Date
Oct. 16, 2013
Employees
5000
Officers
Mr. Brad Leone
Director of Communications for PAA GP Holdings LLC
Mr. Harry N. Pefanis
President & Director of PAA GP Holdings LLC
Mr. Jeremy L. Goebel
Executive Vice President & Chief Commercial Officer of PAA GP Holdings LLC
Mr. Chris Herbold
Senior Vice President of Finance & Chief Accounting Officer of PAA GP Holdings LLC
Mr. Wilfred C.W. Chiang
Chairman & Chief Executive Officer of PAA GP Holdings LLC
Mr. Jim Tillis
Vice President of Human Resources of PAA GP Holdings LLC
Mr. Al P. Swanson
Executive Vice President & Chief Financial Officer of PAA GP Holdings LLC
Mr. Blake Michael Fernandez
Vice President of Investor Relations of PAA GP Holdings LLC
Mr. Chris R. Chandler
Executive Vice President & Chief Operating Officer of PAA GP Holdings LLC
Mr. Richard Kelly McGee
Executive Vice President, General Counsel & Secretary of PAA GP Holdings LLC