Energy -
Oil & Gas Midstream - NASDAQ - US
$ 17.72
-5.04 %
$ 3.5 B
Market Cap
34.08
P/E
1. INTRINSIC VALUE
Balance Sheet
Plains GP Holdings, L.P.
| Current Assets | 4.78 B |
| Cash & Short-Term Investments | 349 M |
| Receivables | 3.9 B |
| Other Current Assets | 526 M |
| Non-Current Assets | 23 B |
| Long-Term Investments | 2.81 B |
| PP&E | 15.8 B |
| Other Non-Current Assets | 4.41 B |
| Current Liabilities | 4.92 B |
| Accounts Payable | 3.88 B |
| Short-Term Debt | 408 M |
| Other Current Liabilities | 635 M |
| Non-Current Liabilities | 7.45 B |
| Long-Term Debt | 7.45 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Plains GP Holdings, L.P.
| Revenue | 50.1 B |
| Cost Of Revenue | 46.6 B |
| Gross Profit | 3.49 B |
| Operating Expenses | 2.32 B |
| Operating Income | 1.17 B |
| Other Expenses | 102 M |
| Net Income | 1.07 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Plains GP Holdings, L.P.
| Net Income | 1.07 B |
| Depreciation & Amortization | 1.03 B |
| Capital Expenditures | -640 M |
| Stock-Based Compensation | 52 M |
| Change in Working Capital | 72 M |
| Others | 145 M |
| Free Cash Flow | 1.84 B |
Wall Street Analysts Price Targets
Plains GP Holdings, L.P.
Wall Street analysts predict an average 1-year price target for PAGP of $22 , with forecasts ranging from
a
low of
$20 to a high of $23 .
PAGP Lowest Price Target
Wall Street Target
20 USD
12.87%
PAGP Average Price Target
Wall Street Target
22 USD
24.15%
PAGP Highest Price Target
Wall Street Target
23 USD
29.80%
4. DIVIDEND
ANALYSIS
0.49%
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
7. News
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
Don't Settle: Augment VYM With Bigger And Faster-Growing Dividends
The Vanguard High Dividend Yield Index Fund ETF Shares' yield is lackluster, and its dividend growth is slowing—here's how to boost your yield and dividend growth. These alternatives deliver higher yields, rapid dividend growth, and stronger long-term returns. Unlock inflation-beating income and long-term outperformance by supplementing VYM with these high-growth dividend plays.
seekingalpha.com
- 1 month ago
Miller-Howard Infrastructure Q4 2024 Commentary
Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas pipelines benefited from data center and AI trends. Over 80% of portfolio holdings increased dividends annually over the past 5 years, surpassing the large-cap dividend-paying universe.
seekingalpha.com
- 1 month 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
- 1 month 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months ago
8. Profile
Summary
Plains GP Holdings, L.P. PAGP
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 3.5 B
Dividend Yield
0.49%
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. Wilfred C.W. Chiang
Chairman & Chief Executive Officer of PAA GP Holdings LLC
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. Brad Leone
Director of Communications for PAA GP Holdings LLC
Mr. Chris Herbold
Senior Vice President of Finance & Chief Accounting 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