NYSE:PAGP - Plains GP Stock Price, News, & Analysis

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$24.47 +0.25 (+1.03 %)
(As of 02/20/2019 04:38 AM ET)
Previous Close$24.22
Today's Range$24.07 - $24.6050
52-Week Range$19.17 - $27.00
Volume1.51 million shs
Average Volume1.55 million shs
Market Capitalization$3.89 billion
P/E Ratio11.60
Dividend Yield4.95%
Beta1.26
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2017, this segment owned and leased assets comprising 18,700 miles of crude oil and NGL pipelines and gathering systems; 32 million barrels of above-ground tank capacity; 810 trailers; 60 transport and storage barges; and 30 transport tugs. The Facilities segment is involved 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. This segment owned and operated approximately 77 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 67 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; 9 natural gas processing plants; a condensate processing facility; 8 fractionation plants; 34 crude oil and NGL rail terminals; 5 marine facilities; and 1,000 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL. It owned 14 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 730 trucks and 900 trailers; and 10,100 crude oil and NGL railcars. The company offers logistics services, principally for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone713-646-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$34.06 billion
Cash Flow$4.8075 per share
Book Value$79.81 per share

Profitability

Net Income$334 million

Miscellaneous

Employees4,850
Market Cap$3.89 billion
OptionableOptionable

Plains GP (NYSE:PAGP) Frequently Asked Questions

What is Plains GP's stock symbol?

Plains GP trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAGP."

How often does Plains GP pay dividends? What is the dividend yield for Plains GP?

Plains GP announced a quarterly dividend on Wednesday, January 9th. Stockholders of record on Thursday, January 31st will be given a dividend of $0.30 per share on Thursday, February 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Wednesday, January 30th. View Plains GP's Dividend History.

How were Plains GP's earnings last quarter?

Plains GP Holdings LP (NYSE:PAGP) announced its quarterly earnings data on Tuesday, February, 5th. The pipeline company reported $1.12 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.61. The pipeline company earned $8.79 billion during the quarter, compared to the consensus estimate of $10.52 billion. Plains GP had a return on equity of 2.69% and a net margin of 0.98%. The business's revenue was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($5.16) earnings per share. View Plains GP's Earnings History.

When is Plains GP's next earnings date?

Plains GP is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Plains GP.

What price target have analysts set for PAGP?

16 brokers have issued 12-month target prices for Plains GP's stock. Their forecasts range from $24.00 to $32.00. On average, they anticipate Plains GP's stock price to reach $28.7143 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Plains GP.

What is the consensus analysts' recommendation for Plains GP?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plains GP.

Has Plains GP been receiving favorable news coverage?

News headlines about PAGP stock have been trending positive on Wednesday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Plains GP earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days.

Who are some of Plains GP's key competitors?

Who are Plains GP's key executives?

Plains GP's management team includes the folowing people:
  • Mr. Harry N. Pefanis, Pres, Chief Commercial Officer & Director of PAA GP Holdings LLC (Age 62)
  • Mr. Al P. Swanson, Exec. VP & CFO of PAA GP Holdings LLC (Age 55)
  • Mr. Wilfred C.W. Chiang, Exec. VP, COO & Director of PAA GP Holdings LLC (Age 58)
  • Mr. Chris Herbold, VP of Accounting & Chief Accounting Officer of PAA GP Holdings LLC (Age 47)
  • Mr. Roy I. Lamoreaux, VP, Investor Relations & Communications

Who are Plains GP's major shareholders?

Plains GP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (6.18%), Kayne Anderson Capital Advisors LP (4.87%), Chickasaw Capital Management LLC (4.65%), Cohen & Steers Inc. (3.09%), Massachusetts Financial Services Co. MA (2.83%) and Energy Income Partners LLC (2.54%). Company insiders that own Plains GP stock include Everardo Goyanes, Greg L Armstrong, John T Raymond, Oscar K Brown and Richard K Mcgee. View Institutional Ownership Trends for Plains GP.

Which institutional investors are selling Plains GP stock?

PAGP stock was sold by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Peconic Partners LLC, Massachusetts Financial Services Co. MA, Raymond James & Associates, BlackRock Inc., GSA Capital Partners LLP, Precocity Capital LP and Miller Howard Investments Inc. NY. View Insider Buying and Selling for Plains GP.

Which institutional investors are buying Plains GP stock?

PAGP stock was purchased by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Cohen & Steers Inc., APG Asset Management N.V., CIBC Private Wealth Group LLC, Tortoise Capital Advisors L.L.C., Mackenzie Financial Corp, Canada Pension Plan Investment Board and Mirae Asset Global Investments Co. Ltd.. Company insiders that have bought Plains GP stock in the last two years include Everardo Goyanes, Greg L Armstrong, John T Raymond, Oscar K Brown and Richard K Mcgee. View Insider Buying and Selling for Plains GP.

How do I buy shares of Plains GP?

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

What is Plains GP's stock price today?

One share of PAGP stock can currently be purchased for approximately $24.47.

How big of a company is Plains GP?

Plains GP has a market capitalization of $3.89 billion and generates $34.06 billion in revenue each year. The pipeline company earns $334 million in net income (profit) each year or $2.11 on an earnings per share basis. Plains GP employs 4,850 workers across the globe.

What is Plains GP's official website?

The official website for Plains GP is http://www.plainsallamerican.com.

How can I contact Plains GP?

Plains GP's mailing address is 333 CLAY STREET SUITE 1600, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-646-4100 or via email at [email protected]


MarketBeat Community Rating for Plains GP (NYSE PAGP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  296 (Vote Outperform)
Underperform Votes:  428 (Vote Underperform)
Total Votes:  724
MarketBeat's community ratings are surveys of what our community members think about Plains GP and other stocks. Vote "Outperform" if you believe PAGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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