NYSE:PAGP Plains GP (PAGP) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free PAGP Stock Alerts $18.06 +0.28 (+1.57%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$17.87▼$18.1550-Day Range$16.90▼$19.6552-Week Range$12.59▼$19.77Volume2.08 million shsAverage Volume2.22 million shsMarket Capitalization$3.56 billionP/E Ratio17.71Dividend Yield7.03%Price Target$19.55 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Plains GP alerts: Email Address Plains GP MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside8.3% Upside$19.55 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.47Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.67%From $1.05 to $0.98 Per ShareSee Full Details Hide Full Details 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.1.87 out of 5 starsOils/Energy Sector174th out of 233 stocksPipelines, Except Natural Gas Industry6th out of 11 stocks 2.3 Analyst's Opinion Consensus RatingPlains GP has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 1 hold rating, and 2 sell ratings.Amount of Analyst CoveragePlains GP has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PAGP. Previous Next 1.7 Dividend Strength Dividend LeadershipPlains GP is a leading dividend payer. It pays a dividend yield of 6.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPlains GP does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Plains GP is 124.51%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Plains GP will have a dividend payout ratio of 129.59% in the coming year. This indicates that Plains GP may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PAGP. Previous Next 3.0 News and Social Media Coverage News SentimentPlains GP has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Plains GP this week, compared to 2 articles on an average week.Search Interest9 people have searched for PAGP on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows13 people have added Plains GP to their MarketBeat watchlist in the last 30 days. This is an increase of 117% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Plains GP insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.86% of the stock of Plains GP is held by insiders.Percentage Held by Institutions88.30% of the stock of Plains GP is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Plains GP are expected to decrease by -6.67% in the coming year, from $1.05 to $0.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Plains GP is 17.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Plains GP is 17.71, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.04.Price to Book Value per Share RatioPlains GP has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe biggest energy story ever? Discover why I’m calling this one of the biggest developments in the global energy market since the shale revolution… why everything you’ve ever been told about Trump’s environmental record is a lie…For the full story, click here. 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.Read More PAGP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAGP Stock News HeadlinesMay 2, 2024 | markets.businessinsider.comPlains GP A earnings preview: what Wall Street is expectingApril 26, 2024 | americanbankingnews.comPlains GP Holdings, L.P. (NYSE:PAGP) Given Consensus Recommendation of "Moderate Buy" by AnalystsMay 2, 2024 | Stansberry Research (Ad)Urgent dollar warningYour 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.April 26, 2024 | americanbankingnews.comPlains GP (PAGP) Scheduled to Post Earnings on FridayApril 22, 2024 | seekingalpha.comPAGP Plains GP Holdings, L.P. Class A SharesApril 18, 2024 | nasdaq.comPAGP Quantitative Stock AnalysisApril 12, 2024 | markets.businessinsider.comPeeling Back The Layers: Exploring Plains GP Holdings Through Analyst InsightsApril 8, 2024 | msn.comPlains, Plains GP started at Outperform by Scotiabank even after strong run-upMay 2, 2024 | Stansberry Research (Ad)Urgent dollar warningYour 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.April 5, 2024 | msn.comPlains GP Holdings declares $0.3175 dividendMarch 30, 2024 | nasdaq.comInteresting PAGP Put And Call Options For November 15thMarch 28, 2024 | seekingalpha.comIf I Could Only Own 4 Midstream Stocks, It Would Be TheseMarch 25, 2024 | finance.yahoo.comPlains GP Holdings, L.P. (PAGP)February 23, 2024 | finance.yahoo.comPAA Mar 2024 16.500 callFebruary 22, 2024 | finance.yahoo.comPAA Feb 2024 16.500 putFebruary 19, 2024 | incomeinvestors.comPlains GP stockFebruary 17, 2024 | finance.yahoo.comPAGP Mar 2024 17.000 putFebruary 13, 2024 | finance.yahoo.comPAA Feb 2024 12.000 callFebruary 10, 2024 | markets.businessinsider.comPlains GP Holdings Releases Q4 Financial Performance UpdateFebruary 9, 2024 | money.usnews.comPlains GP Holdings LP - Ordinary Shares - Class AFebruary 9, 2024 | finance.yahoo.comPlains GP Holdings LP (PAGP) Reports Solid Earnings Growth and Positive Outlook for 2024February 9, 2024 | seekingalpha.comPlains GP Holdings, L.P. 2023 Q4 - Results - Earnings Call PresentationFebruary 9, 2024 | finance.yahoo.comPlains All American Reports Fourth-Quarter and Full-Year 2023 Results; Announces 2024 GuidanceFebruary 8, 2024 | benzinga.comPreview: Plains GP Holdings's EarningsFebruary 1, 2024 | investing.comPlains GP Holdings LP (PAGP)January 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: New Hope Corporation Limited (OtherNHPEF), Plains GP Holdings (PAGP) and Par Pacific Holdings (PARR)January 12, 2024 | markets.businessinsider.comJim Cramer Likes This 'Well-Run' Airline, Says This Entertainment Stock Has 'Balance Sheet From Hell'See More Headlines Receive PAGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Plains GP and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/14 Dividend1/30/2024Last Earnings2/09/2024Dividend Payable2/14/2024Ex-Dividend for 5/15 Dividend4/30/2024Today5/02/2024Next Earnings (Confirmed)5/03/2024Dividend Payable5/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Pipelines, except natural gas Sub-IndustryN/A Current SymbolNYSE:PAGP CUSIPN/A CIK1581990 Webwww.plainsallamerican.com Phone(703) 646-4100Fax713-646-4572Employees4,200Year FoundedN/APrice Target and Rating Average Stock Price Target$19.55 High Stock Price Target$23.00 Low Stock Price Target$16.00 Potential Upside/Downside+8.3%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.02 Trailing P/E Ratio17.71 Forward P/E Ratio17.20 P/E GrowthN/ANet Income$198 million Net Margins0.41% Pretax Margin3.31% Return on Equity1.33% Return on Assets0.69% Debt Debt-to-Equity Ratio0.49 Current Ratio0.98 Quick Ratio0.87 Sales & Book Value Annual Sales$48.71 billion Price / Sales0.07 Cash Flow$6.31 per share Price / Cash Flow2.86 Book Value$76.23 per share Price / Book0.24Miscellaneous Outstanding Shares197,250,000Free Float177,803,000Market Cap$3.56 billion OptionableOptionable Beta1.53 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Wilfred C.W. Chiang (Age 63)Chairman & CEO of PAA GP Holdings LLC Comp: $3.8MMr. Harry N. Pefanis (Age 67)President & Director of PAA GP Holdings LLC Comp: $2.05MMr. Al P. Swanson (Age 60)Executive VP & CFO of PAA GP Holdings LLC Comp: $1.75MMr. Chris R. Chandler (Age 51)Executive VP & COO of PAA GP Holdings LLC Comp: $1.96MMr. Richard Kelly McGee (Age 63)Executive VP, General Counsel & Secretary of PAA GP Holdings LLC Comp: $1.75MMr. Jeremy L. Goebel (Age 46)Executive VP & Chief Commercial Officer of PAA GP Holdings LLC Comp: $1.96MMr. Chris Herbold (Age 52)Senior VP of Finance & Chief Accounting Officer of PAA GP Holdings LLC Mr. Roy I. LamoreauxVice President, Investor Relations & CommunicationsMr. Brad LeoneDirector of Communications for PAA GP Holdings LLCMr. Dwayne Koehn (Age 50)Senior Vice President of Operations of PAA GP Holdings LLC More ExecutivesKey CompetitorsGolar LNGNASDAQ:GLNGKosmos EnergyNYSE:KOSTransportadora de Gas del SurNYSE:TGSCallon PetroleumNYSE:CPEDelek Logistics PartnersNYSE:DKLView All CompetitorsInsiders & InstitutionsJennison Associates LLCSold 506,622 shares on 5/2/2024Ownership: 1.421%Mirae Asset Global Investments Co. Ltd.Bought 344,303 shares on 5/1/2024Ownership: 0.868%BNP Paribas Financial MarketsBought 292,574 shares on 5/1/2024Ownership: 0.466%Cutter & CO Brokerage Inc.Sold 885 shares on 4/30/2024Ownership: 0.051%Commonwealth Equity Services LLCSold 1,328 shares on 4/30/2024Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions PAGP Stock Analysis - Frequently Asked Questions Should I buy or sell Plains GP stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last twelve months. There are currently 2 sell ratings, 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PAGP shares. View PAGP analyst ratings or view top-rated stocks. What is Plains GP's stock price target for 2024? 9 analysts have issued 1 year price objectives for Plains GP's stock. Their PAGP share price targets range from $16.00 to $23.00. On average, they predict the company's stock price to reach $19.55 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View analysts price targets for PAGP or view top-rated stocks among Wall Street analysts. How have PAGP shares performed in 2024? Plains GP's stock was trading at $15.95 at the beginning of the year. Since then, PAGP stock has increased by 13.2% and is now trading at $18.06. View the best growth stocks for 2024 here. When is Plains GP's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our PAGP earnings forecast. How can I listen to Plains GP's earnings call? Plains GP will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Plains GP's earnings last quarter? Plains GP Holdings, L.P. (NYSE:PAGP) issued its earnings results on Friday, February, 9th. The pipeline company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.33 by $0.06. The pipeline company had revenue of $12.70 billion for the quarter, compared to analysts' expectations of $12.88 billion. Plains GP had a net margin of 0.41% and a trailing twelve-month return on equity of 1.33%. How often does Plains GP pay dividends? What is the dividend yield for Plains GP? Plains GP declared a quarterly dividend on Thursday, April 4th. Stockholders of record on Wednesday, May 1st will be given a dividend of $0.3175 per share on Wednesday, May 15th. This represents a $1.27 dividend on an annualized basis and a yield of 7.03%. The ex-dividend date of this dividend is Tuesday, April 30th. Read our dividend analysis for PAGP. Is Plains GP a good dividend stock? Plains GP (NYSE:PAGP) pays an annual dividend of $1.27 per share and currently has a dividend yield of 6.97%. PAGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 124.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PAGP will have a dividend payout ratio of 129.59% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for PAGP. What ETFs hold Plains GP's stock? ETFs with the largest weight of Plains GP (NYSE:PAGP) stock in their portfolio include Simplify Propel Opportunities ETF (SURI), USCF Midstream Energy Income Fund (UMI), First Trust North American Energy Infrastructure Fund (EMLP), Alerian Energy Infrastructure ETF (ENFR), FT Energy Income Partners Strategy ETF (EIPX), Pacer American Energy Independence ETF (USAI), Global X MLP & Energy Infrastructure ETF (MLPX) and Goldman Sachs ETF Trust Goldman (GPOW). What other stocks do shareholders of Plains GP own? Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Pfizer (PFE), AbbVie (ABBV), Enbridge (ENB) and ONEOK (OKE). Who are Plains GP's major shareholders? Plains GP's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (3.24%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (2.21%), Jennison Associates LLC (1.42%), Miller Howard Investments Inc. NY (0.99%), Mirae Asset Global Investments Co. Ltd. (0.87%) and Hennessy Advisors Inc. (0.78%). Insiders that own company stock include Ellen Desanctis and Willie Cw Chiang. 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. This page (NYSE:PAGP) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmithYour bank is lying to you.MyBankTrackerThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingTrump just won 2024Porter & CompanyHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Plains GP Holdings, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. 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