Plains GP Holdings, L.P. (PAGP)
Market Cap | 4.24B |
Revenue (ttm) | 50.37B |
Net Income (ttm) | 166.00M |
Shares Out | 232.86M |
EPS (ttm) | 0.84 |
PE Ratio | 21.54 |
Forward PE | 14.09 |
Dividend | $1.27 (6.98%) |
Ex-Dividend Date | Oct 31, 2024 |
Volume | 2,381,001 |
Open | 18.06 |
Previous Close | 18.08 |
Day's Range | 17.95 - 18.46 |
52-Week Range | 15.79 - 20.10 |
Beta | 1.55 |
Analysts | Hold |
Price Target | 19.88 (+9.23%) |
Earnings Date | Feb 7, 2025 |
About PAGP
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the gathering and transporting crude oil and NGLs using pipelines, gathering systems, and trucks. It engages in the loading and unloading services at terminals; NGL fractionation and isomerization services; and natural gas and condensate processing services. The company offers logistic... [Read more]
Financial Performance
In 2023, Plains GP Holdings's revenue was $48.71 billion, a decrease of -15.05% compared to the previous year's $57.34 billion. Earnings were $198.00 million, an increase of 17.86%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for PAGP stock is "Hold." The 12-month stock price forecast is $19.88, which is an increase of 9.23% from the latest price.
News
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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 Ch...
Midstream Energy - Relative Quality
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The More It Underperforms, The More I Buy
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Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late
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Plains GP Holdings, L.P (PAGP) Q1 2024 Earnings Call Transcript
Plains GP Holdings, L.P. (NASDAQ:PAGP) Q1 2024 Results Conference Call May 3, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chief Execut...
Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow
Returning capital to unitholders is Plains GP Holdings' priority. Recent distribution increases and buybacks validate this prerogative. Hovering around 6%, PAGP's distribution is backed by ample cash ...
Very Good News For Energy Stocks
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Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript
Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript
Plains GP Holdings: Solid Financials Supports 8% Dividend Yield
The management believes that the tariff volumes and tariffs might increase in the coming period. The dividend payment of $1.27 makes a yield of 8.10% compared to current share price. The company's div...
Plains GP Holdings: Steady As She Goes
Plains GP Holdings is rated as a hold at current levels after a strong performance in 2023. Plains American's strategy of maintaining steady long-term growth in capital expenditure sets it apart from ...
Plains GP Holdings, L.P. (PAGP) Q3 2023 Earnings Call Transcript
Plains GP Holdings, L.P. (NASDAQ:PAGP) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chairm...
Energy Income Weekly: The Energy Sector Starts To Outperform
Energy was the best-performing S&P 500 sector, notably outperforming technology shares. The fundamental setup for oil and oil-related equities remains bullish. Energy stocks are likely to continue to ...
Plains GP Holdings: Healthy Financials Coupled With Upside Growth Potentials
Plains GP Holdings is a prominent midstream service provider in North America, with a focus on crude oil and NGL in growing producing basins. The company has a solid balance sheet and capital structur...
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Accelerate Your Passive Income Snowball: 2 Rapid Growth High Yield Stocks
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Plains GP Holdings: Strong Industry Positioning Isn't Enough Reason To Buy
Plains GP Holdings and Plains All American have a strong position in the midstream market, particularly in the Permian Basin, but have a history of cutting dividends. The companies have made a key ass...
Midstream Energy Stocks Ranked By Quality
Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and...
Better Buy After Q4 Results: Kinder Morgan Or Plains?
Plains and Kinder Morgan are two high yield midstream businesses that recently reported Q4 results. Both boast investment grade balance sheets and have been growing their dividends of late.
Better Buy After Q4 Earnings: Enterprise Products Or Plains?
Plains All American Pipeline and Enterprise Products Partners are two high-yield investment-grade midstream businesses. PAA/PAGP is far cheaper, but EPD has a vastly superior track record.
Plains All American's Outperformance Is Not Reflected In Its Share Price
Plains All American Pipeline, L.P.'s results have exceeded our expectations. We now see greater capital appreciation upside and distribution hikes for Plains All American Pipeline over the next few ye...
Better Buy After Q3 Results: Enterprise Products Partners Or Plains?
Plains All American Pipeline and Enterprise Products Partners are two investment grade midstream MLPs that recently reported Q3 results. Which one is a better buy after Q3 results?
Better Buy: Plains GP's 7.3% Yield Or Enbridge's 6.6%
Plains GP Holdings and Enbridge are two investment-grade midstream businesses that offer high yields. PAGP offers a higher dividend yield, but ENB has a higher credit rating.