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NYSE:PAGP

Plains GP (PAGP) Stock Price, News & Analysis

$18.65
-0.22 (-1.17%)
(As of 09/6/2024 ET)
Today's Range
$18.51
$18.96
50-Day Range
$17.93
$19.98
52-Week Range
$14.71
$20.10
Volume
1.21 million shs
Average Volume
1.84 million shs
Market Capitalization
$3.68 billion
P/E Ratio
21.19
Dividend Yield
6.81%
Price Target
$20.11

Plains GP MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
7.8% Upside
$20.11 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.56mentions of Plains GP in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
31.45%
From $1.24 to $1.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.88 out of 5 stars

Oils/Energy Sector

195th out of 239 stocks

Pipelines, Except Natural Gas Industry

5th out of 8 stocks

PAGP stock logo

About Plains GP Stock (NYSE: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 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.

PAGP Stock Price History

PAGP Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Plains GP Holdings (PAGP) Gets a Buy from Morgan Stanley
PAGP Sep 2024 17.000 call (PAGP240920C00017000)
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
The Analyst Verdict: Plains GP Holdings In The Eyes Of 8 Experts
Plains GP Holdings LP - Class A
Q1 2024 Plains GP Holdings LP Earnings Call
Plains GP: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 8/14 Dividend
7/31/2024
Last Earnings
8/02/2024
Dividend Payable
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
4,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.11
High Stock Price Target
$23.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+7.8%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$198 million
Pretax Margin
2.92%

Debt

Sales & Book Value

Annual Sales
$48.71 billion
Cash Flow
$6.18 per share
Book Value
$76.23 per share

Miscellaneous

Free Float
177,803,000
Market Cap
$3.68 billion
Optionable
Optionable
Beta
1.53
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Wilfred C.W. ChiangMr. Wilfred C.W. Chiang (Age 63)
    Chairman & CEO of PAA GP Holdings LLC
    Comp: $3.8M
  • Mr. Harry N. Pefanis (Age 67)
    President & Director of PAA GP Holdings LLC
    Comp: $2.05M
  • Mr. Al P. Swanson (Age 60)
    Executive VP & CFO of PAA GP Holdings LLC
    Comp: $1.75M
  • Mr. Chris R. Chandler (Age 51)
    Executive VP & COO of PAA GP Holdings LLC
    Comp: $1.96M
  • Mr. Richard Kelly McGee (Age 63)
    Executive VP, General Counsel & Secretary of PAA GP Holdings LLC
    Comp: $1.75M
  • Mr. Jeremy L. Goebel (Age 46)
    Executive VP & Chief Commercial Officer of PAA GP Holdings LLC
    Comp: $1.96M
  • Mr. Chris Herbold (Age 52)
    Senior VP of Finance & Chief Accounting Officer of PAA GP Holdings LLC
  • Mr. Roy I. Lamoreaux
    Vice President, Investor Relations & Communications
  • Mr. Brad Leone
    Director of Communications for PAA GP Holdings LLC
  • Mr. Dwayne Koehn (Age 50)
    Senior Vice President of Operations of PAA GP Holdings LLC

PAGP Stock Analysis - Frequently Asked Questions

How have PAGP shares performed this year?

Plains GP's stock was trading at $15.95 at the start of the year. Since then, PAGP stock has increased by 16.9% and is now trading at $18.65.
View the best growth stocks for 2024 here
.

How were Plains GP's earnings last quarter?

Plains GP Holdings, L.P. (NYSE:PAGP) posted its quarterly earnings data on Friday, August, 2nd. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by $0.11. The pipeline company had revenue of $12.93 billion for the quarter, compared to the consensus estimate of $13.70 billion. Plains GP had a net margin of 0.33% and a trailing twelve-month return on equity of 1.09%.

When did Plains GP's stock split?

Shares of Plains GP split before market open on Saturday, January 1st 2000. The 2.663-1 split was announced on Saturday, January 1st 2000. The newly created shares were distributed to shareholders after the market closes on Wednesday, November 16th 2016. An investor that had 100 shares of stock prior to the split would have 266 shares after the split.

Who are Plains GP's major shareholders?

Top institutional investors of Plains GP include Tortoise Capital Advisors L.L.C. (5.91%), Massachusetts Financial Services Co. MA (5.08%), Barrow Hanley Mewhinney & Strauss LLC (3.53%) and Chickasaw Capital Management LLC (3.35%). Insiders that own company stock include Willie Cw Chiang and Ellen Desanctis.
View institutional ownership trends
.

How do I buy shares of Plains GP?

Shares of PAGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Plains GP own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Plains GP investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), New Residential Investment (NRZ), AT&T (T), Ford Motor (F), Johnson & Johnson (JNJ) and Pfizer (PFE).

This page (NYSE:PAGP) was last updated on 9/7/2024 by MarketBeat.com Staff

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