Energy -
Oil & Gas Midstream - NASDAQ - US
$ 21.43
-0.279 %
$ 4.23 B
Market Cap
25.51
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 | 48.7 B |
| Cost Of Revenue | 45.6 B |
| Gross Profit | 3.13 B |
| Operating Expenses | 1.63 B |
| Operating Income | 1.5 B |
| Other Expenses | 1.3 B |
| Net Income | 198 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Plains GP Holdings, L.P.
| Net Income | 198 M |
| Depreciation & Amortization | 1.05 B |
| Capital Expenditures | -559 M |
| Stock-Based Compensation | 51 M |
| Change in Working Capital | 194 M |
| Others | 1.18 B |
| Free Cash Flow | 2.16 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
-25.34%
PAGP Average Price Target
Wall Street Target
19.8 USD
-7.61%
PAGP Highest Price Target
Wall Street Target
23 USD
7.33%
4. DIVIDEND
ANALYSIS
3.43%
DIVIDEND YIELD
0.318 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 |
|
4 years ago
Feb 26, 2020
|
Bought
432 K USD
|
PEFANIS HARRY N
President & CCO
|
+ 30000
|
14.3929 USD |
|
4 years ago
Feb 25, 2020
|
Bought
539 K USD
|
Chiang Willie CW
Chairman and CEO
|
+ 34328
|
15.6961 USD |
|
4 years ago
Feb 24, 2020
|
Bought
490 K USD
|
Chiang Willie CW
Chairman and CEO
|
+ 30672
|
15.9646 USD |
|
4 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 |
|
6 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 |
|
7 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 |
|
8 years ago
Feb 10, 2016
|
Bought
1.13 M USD
|
SINNOTT ROBERT V
Director
|
+ 200000
|
5.65 USD |
|
8 years ago
Feb 10, 2016
|
Bought
572 K USD
|
SINNOTT ROBERT V
Director
|
+ 100000
|
5.72 USD |
|
8 years ago
Feb 10, 2016
|
Bought
1.13 M USD
|
SINNOTT ROBERT V
Director
|
+ 200000
|
5.65 USD |
|
8 years ago
Feb 10, 2016
|
Bought
572 K USD
|
SINNOTT ROBERT V
Director
|
+ 100000
|
5.72 USD |
|
8 years ago
Feb 11, 2016
|
Bought
560 K USD
|
Chiang Willie CW
EVP & COO (U.S.)
|
+ 100000
|
5.6042 USD |
|
8 years ago
Feb 10, 2016
|
Bought
600 K USD
|
Chiang Willie CW
EVP & COO (U.S.)
|
+ 100000
|
6 USD |
|
8 years ago
Feb 10, 2016
|
Bought
5.86 M USD
|
ARMSTRONG GREG L
Chairman of the Board & CEO
|
+ 1000000
|
5.8637 USD |
|
8 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
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
- 4 weeks ago
The Higher They Soar, The More I Buy
My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of the moment in the sector.
seekingalpha.com
- 1 month ago
3 Stocks Generating a Ridiculous Amount of Cash
The ultimate goal of a business is to generate cash for its shareholders. Investors often consider net income the “bottom line” of a business, indicating how much profit it makes.
marketbeat.com
- 1 month ago
Plains GP Holdings, L.P. Class A Shares (PAGP) Q3 2024 Earnings Call Transcript
Plains GP Holdings, L.P. Class A Shares (NASDAQ:PAGP ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman and Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Jeremy Goebel - Executive Vice President and Chief Commercial Officer Chris Chandler - Executive Vice President and Chief Operating Officer Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Jeremy Tonet - JPMorgan Securities Neel Mitra - Bank of America AJ O'Donnell - TPH Manav Gupta - UBS John Mackay - Goldman Sachs Neal Dingmann - Truist Securities Operator Hello, and welcome to PAA and PAGP Third Quarter 2024 Earnings Call.
seekingalpha.com
- 2 months ago
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
- 3 months ago
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK.
seekingalpha.com
- 3 months ago
8 High Yields For A Big Dividend Snowball
Building a dividend snowball is a great way to compound wealth over the long term and achieve financial freedom. We discuss eight great candidates for building a big dividend snowball. These stocks combine very high yields with powerful dividend growth.
seekingalpha.com
- 3 months ago
The More It Underperforms, The More I Buy
There is a leading blue-chip that has been a serial underperformer over the past half decade. However, it has a very strong balance sheet, a sky-high yield that is well covered, and it continues to grow its payout year after year. I discuss this opportunity and share why the more it underperforms, the more I buy it.
seekingalpha.com
- 3 months ago
Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late
My ideal stock has four specific qualities. There is one sector where these qualities still exist in abundance. I share some of the most attractive opportunities in the space and why this opportunity may not last much longer.
seekingalpha.com
- 4 months ago
Plains GP Holdings (PAGP) Is Up 1.96% in One Week: What You Should Know
Does Plains GP Holdings (PAGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 5 months ago
Why Fast-paced Mover Plains GP (PAGP) Is a Great Choice for Value Investors
Plains GP (PAGP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
zacks.com
- 5 months ago
For $10,000 in Passive Income, Invest $10,000 in These 8 Dividend Stocks
Conventional wisdom tells us to work smarter, not harder. But how? One way for investors to do so is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.
247wallst.com
- 8 months ago
8. Profile
Summary
Plains GP Holdings, L.P. PAGP
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 4.23 B
Dividend Yield
3.43%
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. Jeremy L. Goebel
Executive Vice President & Chief Commercial Officer of PAA GP Holdings LLC
Mr. Harry N. Pefanis
President & Director of PAA GP Holdings LLC
Mr. Blake Michael Fernandez
Vice President of Investor Relations of PAA GP Holdings LLC
Mr. Al P. Swanson
Executive Vice President & Chief Financial 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. Richard Kelly McGee
Executive Vice President, General Counsel & Secretary of PAA GP Holdings LLC
Mr. Brad Leone
Director of Communications for PAA GP Holdings LLC
Mr. Chris R. Chandler
Executive Vice President & Chief Operating Officer of PAA GP Holdings LLC
Mr. Jim Tillis
Vice President of Human Resources of PAA GP Holdings LLC