NYSE:PAGP Plains GP (PAGP) Stock Forecast, Price & News $14.57 +0.33 (+2.32%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$14.33▼$14.6650-Day Range$12.81▼$14.5752-Week Range$9.39▼$14.65Volume1.95 million shsAverage Volume2.70 million shsMarket Capitalization$2.83 billionP/E Ratio13.25Dividend Yield7.34%Price Target$15.73 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Plains GP MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside7.9% Upside$15.73 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.97Based on 7 Articles This WeekInsider TradingAcquiring Shares$993,750 Bought Last QuarterProj. Earnings Growth-39.73%From $0.73 to $0.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.95 out of 5 starsOils/Energy Sector176th out of 242 stocksPipelines, Except Natural Gas Industry7th out of 11 stocks 1.4 Analyst's Opinion Consensus RatingPlains GP has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.73, Plains GP has a forecasted upside of 7.9% from its current price of $14.57.Amount of Analyst CoveragePlains GP has only been the subject of 2 research reports in the past 90 days. 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 7.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPlains GP has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Plains GP is 97.27%. 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 243.18% 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 2.8 News and Social Media Coverage News SentimentPlains GP has a news sentiment score of 0.97. 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 is a higher news sentiment than the 0.62 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Plains GP this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for PAGP on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Plains GP to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Plains GP insiders have bought more of their company's stock than they have sold. Specifically, they have bought $993,750.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 9.62% of the stock of Plains GP is held by insiders.Percentage Held by Institutions83.68% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Plains GP are expected to decrease by -39.73% in the coming year, from $0.73 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Plains GP is 13.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Plains GP is 13.25, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.08.Price to Book Value per Share RatioPlains GP has a P/B Ratio of 0.19. 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 About Plains GP (NYSE:PAGP) StockPlains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation, Facilities and Supply and Logistics. The Transportation segment consists of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The Facilities segment consists of fee-based activities associated with providing storage, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment consists of storage of inventory during contango market conditions and the seasonal storage of NGL, purchase of NGL from producers, refiners, processors and other marketers, extraction of NGL from gas processed at the facilities. The company was founded in July 2013 and is headquartered in Houston, TX.Read More 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 PAGP Stock News HeadlinesJune 7, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Hits New 12-Month High at $14.42June 7, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Sets New 52-Week High at $14.42June 7, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 31, 2023 | msn.comPlains GP Holdings: Strong Industry Positioning Isn't Enough Reason To BuyMay 17, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Sees Strong Trading VolumeMay 17, 2023 | americanbankingnews.comPlains GP Holdings, L.P. (NYSE:PAGP) Receives Consensus Recommendation of "Moderate Buy" from AnalystsMay 11, 2023 | americanbankingnews.comInsider Buying: Plains GP Holdings, L.P. (NYSE:PAGP) CEO Purchases $993,750.00 in StockMay 5, 2023 | finanznachrichten.dePlains All American Pipeline, L.P.; Plains GP Holdings: Plains All American Reports First-Quarter 2023 Results; Reaffirms 2023 GuidanceJune 7, 2023 | UNKNOWN (Ad)This Company Is Solving A Multi-Billion Dollar Problem!This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!May 5, 2023 | msn.comPlains GP Holdings: Q1 Earnings InsightsMay 4, 2023 | msn.comPlains GP Holdings's Earnings OutlookMay 4, 2023 | americanbankingnews.comPlains GP (PAGP) to Release Earnings on FridayApril 28, 2023 | msn.comUnusual Call Option Trade in Plains GP Holdings LP - (PAGP) Worth $280.96KApril 27, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Given New $17.00 Price Target at Morgan StanleyApril 25, 2023 | msn.comMorgan Stanley Maintains Plains GP Holdings LP - (PAGP) Overweight RecommendationApril 25, 2023 | markets.businessinsider.comAnalyst Expectations for Plains GP Holdings's FutureApril 25, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Rating Increased to Strong-Buy at Raymond JamesApril 22, 2023 | americanbankingnews.comBrokerages Set Plains GP Holdings, L.P. (NYSE:PAGP) PT at $15.25April 22, 2023 | msn.comRaymond James Upgrades Plains GP Holdings LP - (PAGP)April 20, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Price Target Increased to $15.00 by Analysts at BarclaysApril 19, 2023 | msn.comBarclays Maintains Plains GP Holdings LP - (PAGP) Equal-Weight RecommendationApril 13, 2023 | americanbankingnews.comPlains GP Holdings, L.P. (NYSE:PAGP) to Issue $0.27 Quarterly DividendApril 11, 2023 | msn.comPlains GP Holdings (PAGP) Declares $0.27 DividendMarch 26, 2023 | americanbankingnews.comPlains GP Holdings, L.P. (NYSE:PAGP) Receives $15.25 Consensus PT from BrokeragesMarch 17, 2023 | nasdaq.comPAGP Crosses Critical Technical IndicatorMarch 9, 2023 | msn.comThe Latest Analyst Ratings for Plains GP HoldingsMarch 9, 2023 | msn.comJP Morgan Maintains Neutral Rating for Plains GP Holdings: Here's What You Need To KnowSee More Headlines PAGP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAGP Company Calendar Last Earnings11/02/2021Ex-Dividend for 5/15 Dividend4/28/2023Dividend Payable5/15/2023Today6/07/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:PAGP CUSIPN/A CIK1581990 Webwww.plainsallamerican.com Phone(703) 646-4100Fax713-646-4572Employees4,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.73 High Stock Price Forecast$20.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+7.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio13.25 Forward P/E Ratio19.96 P/E GrowthN/ANet Income$168 million Net Margins0.38% Pretax Margin3.02% Return on Equity1.49% Return on Assets0.74% Debt Debt-to-Equity Ratio0.49 Current Ratio0.95 Quick Ratio0.87 Sales & Book Value Annual Sales$57.34 billion Price / Sales0.05 Cash Flow$6.02 per share Price / Cash Flow2.42 Book Value$75.34 per share Price / Book0.19Miscellaneous Outstanding Shares194,410,000Free Float175,706,000Market Cap$2.83 billion OptionableOptionable Beta1.63 Key ExecutivesWillie C. W. ChiangChairman & Chief Executive OfficerHarry N. PefanisPresident & DirectorChris R. ChandlerChief Operating Officer & Executive VPAlan P. SwansonChief Financial Officer & Executive Vice PresidentRichard K. McGeeSecretary, Executive VP & General CounselKey CompetitorsDelek Logistics PartnersNYSE:DKLHolly Energy PartnersNYSE:HEPNuStar EnergyNYSE:NSGenesis EnergyNYSE:GELHF SinclairNYSE:DINOView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 18,106 shares on 5/26/2023Ownership: 0.009%Ameriprise Financial Inc.Bought 126,817 shares on 5/22/2023Ownership: 0.123%JPMorgan Chase & Co.Sold 104,183 shares on 5/18/2023Ownership: 0.275%Advisory Services Network LLCSold 2,305 shares on 5/17/2023Ownership: 0.043%B. Riley Wealth Advisors Inc.Bought 10,546 shares on 5/17/2023Ownership: 0.030%View All Insider TransactionsView All Institutional Transactions PAGP Stock - Frequently Asked Questions Should I buy or sell Plains GP stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last twelve months. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PAGP shares. View PAGP analyst ratings or view top-rated stocks. What is Plains GP's stock price forecast for 2023? 12 analysts have issued twelve-month price targets for Plains GP's stock. Their PAGP share price forecasts range from $12.00 to $20.00. On average, they expect the company's share price to reach $15.73 in the next twelve months. This suggests a possible upside of 7.9% 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 2023? Plains GP's stock was trading at $12.44 at the start of the year. Since then, PAGP shares have increased by 17.1% and is now trading at $14.57. View the best growth stocks for 2023 here. When is Plains GP's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our PAGP earnings forecast. How were Plains GP's earnings last quarter? Plains GP Holdings, L.P. (NYSE:PAGP) released its quarterly earnings data on Tuesday, November, 2nd. The pipeline company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.29. The pipeline company had revenue of $10.78 billion for the quarter, compared to the consensus estimate of $9.28 billion. Plains GP had a net margin of 0.38% and a trailing twelve-month return on equity of 1.49%. During the same period in the prior year, the business posted $0.09 EPS. How often does Plains GP pay dividends? What is the dividend yield for Plains GP? Plains GP declared a quarterly dividend on Tuesday, April 11th. Shareholders of record on Monday, May 1st will be given a dividend of $0.2675 per share on Monday, May 15th. This represents a $1.07 annualized dividend and a dividend yield of 7.34%. The ex-dividend date is Friday, April 28th. 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), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), FT Energy Income Partners Strategy ETF (EIPX), VanEck Energy Income ETF (EINC) and Pacer American Energy Independence ETF (USAI). Is Plains GP a good dividend stock? Plains GP (NYSE:PAGP) pays an annual dividend of $1.07 per share and currently has a dividend yield of 7.56%. PAGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 97.27%. 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 243.18% 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 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). What is Plains GP's stock symbol? Plains GP trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAGP." Who are Plains GP's major shareholders? Plains GP's stock is owned by a variety of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (6.30%), Clearbridge Investments LLC (4.31%), Chickasaw Capital Management LLC (2.86%), RR Advisors LLC (2.79%), Kayne Anderson Capital Advisors LP (2.25%) and Two Sigma Advisers LP (1.72%). Insiders that own company stock include Ellen Desanctis, Victor Burk 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Plains GP's stock price today? One share of PAGP stock can currently be purchased for approximately $14.57. How much money does Plains GP make? Plains GP (NYSE:PAGP) has a market capitalization of $2.83 billion and generates $57.34 billion in revenue each year. The pipeline company earns $168 million in net income (profit) each year or $1.10 on an earnings per share basis. How many employees does Plains GP have? The company employs 4,100 workers across the globe. How can I contact Plains GP? Plains GP's mailing address is 333 CLAY STREET SUITE 1600, HOUSTON TX, 77002. The official website for the company is www.plainsallamerican.com. The pipeline company can be reached via phone at (703) 646-4100, via email at investorrelations@paalp.com, or via fax at 713-646-4572. This page (NYSE:PAGP) was last updated on 6/7/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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