Plains Group Holdings, L.P. Company Profile (NYSE:PAGP)

About Plains Group Holdings, L.P.

Plains Group Holdings, L.P. logoPlains GP Holdings, L.P. (PAGP) owns an interest in the general partner and incentive distribution rights (IDRs) of Plains All American Pipeline, L.P (PAA). The Company has no separate operating activities apart from those conducted by PAA. PAA owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. PAA conducts its operations through three segments: Transportation, Facilities, and Supply and Logistics. Through its three business segments, the Company is engaged in the transportation, storage, terminaling and marketing of crude oil, NGL and natural gas. The majority of its activities are focused on crude oil, which is the principal feedstock used by refineries in the production of transportation fuels.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PAGP
  • CUSIP:
Key Metrics:
  • Previous Close: $31.31
  • 50 Day Moving Average: $32.99
  • 200 Day Moving Average: $24.66
  • 52-Week Range: $16.30 - $36.59
  • Trailing P/E Ratio: 32.99
  • Foreward P/E Ratio: 11.02
  • P/E Growth: -0.32
  • Market Cap: $3.16B
  • Outstanding Shares: 101,000,000
  • Beta: 1.49
Profitability:
  • Net Margins: 0.47%
  • Return on Equity: 0.90%
  • Return on Assets: 0.38%
Debt:
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.62%
Additional Links:
Companies Related to Plains Group Holdings, L.P.:

Analyst Ratings

Consensus Ratings for Plains Group Holdings, L.P. (NYSE:PAGP) (?)
Ratings Breakdown: 13 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.32)
Consensus Price Target: $19.78 (36.82% downside)

Analysts' Ratings History for Plains Group Holdings, L.P. (NYSE:PAGP)
Show:
DateFirmActionRatingPrice TargetDetails
2/9/2017Stifel NicolausBoost Price Target$34.00View Rating Details
1/31/2017Robert W. BairdUpgradeNeutral -> Outperform$34.00 -> $39.00View Rating Details
1/30/2017MizuhoInitiated CoverageNeutral$35.00View Rating Details
12/9/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$29.50 -> $37.00View Rating Details
12/4/2016Credit Suisse GroupReiterated RatingNeutral$34.00 -> $37.00View Rating Details
10/10/2016ScotiabankReiterated RatingSector Perform$10.00 -> $14.00View Rating Details
10/10/2016Howard WeilBoost Price TargetSector Perform$10.00 -> $14.00View Rating Details
10/10/2016Deutsche Bank AGUpgradeHold -> Buy$13.00 -> $15.00View Rating Details
10/5/2016Wells Fargo & CompanyUpgradeMarket Perform -> OutperformView Rating Details
10/4/2016Morgan StanleyBoost Price TargetEqual Weight -> Equal Weight$12.50 -> $14.00View Rating Details
8/31/2016WunderlichBoost Price TargetHold$10.00 -> $11.00View Rating Details
8/16/2016Citigroup Inc.Reiterated RatingBuy$12.00 -> $12.50View Rating Details
7/8/2016Barclays PLCDowngradeOverweight -> Equal Weight$8.00 -> $11.00View Rating Details
7/7/2016Evercore ISIDowngradeBuy -> Hold$9.00 -> $10.00View Rating Details
6/14/2016SunTrust Banks, Inc.Initiated CoverageNeutral$12.00View Rating Details
4/19/2016BMO Capital MarketsInitiated CoverageMarket Perform$9.00View Rating Details
4/2/2016SimmonsReiterated RatingHoldView Rating Details
4/1/2016Piper Jaffray CompaniesInitiated CoverageNeutralView Rating Details
3/22/2016Jefferies Group LLCLower Price TargetBuy$13.00 -> $12.00View Rating Details
2/9/2016Bank of America CorpDowngradeBuy -> Neutral$8.00View Rating Details
1/4/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
12/18/2015Seaport Global SecuritiesDowngradeAccumulate -> NeutralView Rating Details
10/8/2015Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Plains Group Holdings, L.P. (NYSE:PAGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/7/2017Q416$0.80($0.08)$6.13 billion$5.95 billionViewN/AView Earnings Details
8/8/2016Q216$0.19$0.15$4.76 billion$4.95 billionViewN/AView Earnings Details
5/4/2016Q116$0.20$0.07$6.82 billion$4.11 billionViewN/AView Earnings Details
2/8/2016Q415$0.14$0.11$8.76 billion$5.00 billionViewN/AView Earnings Details
11/3/2015Q315$0.16$0.14$7.85 billion$5.55 billionViewN/AView Earnings Details
8/4/2015Q215$0.14$0.27$8.55 billion$6.66 billionViewN/AView Earnings Details
5/5/2015Q115$0.14$0.14$11.31 billion$5.94 billionViewN/AView Earnings Details
2/4/2015Q414$0.13$0.13$11.45 billion$9.46 billionViewN/AView Earnings Details
11/5/2014Q3$0.08$0.53$11.15 billion$11.13 billionViewN/AView Earnings Details
8/6/2014Q114$0.50$0.50$10.51 billion$11.20 billionViewN/AView Earnings Details
5/9/2014$0.12$0.11ViewN/AView Earnings Details
2/4/2014Q413$0.10$0.76$11.83 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Plains Group Holdings, L.P. (NYSE:PAGP)
Current Year EPS Consensus Estimate: $2.25 EPS
Next Year EPS Consensus Estimate: $2.84 EPS

Dividends

Current Dividend Information for Plains Group Holdings, L.P. (NYSE:PAGP)
Annual Dividend:$2.20
Dividend Yield:7.03%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:236.06% (Based on Trailing 12 Months of Earnings)
97.78% (Based on Current Year Consensus EPS Estimate)
77.46% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Plains Group Holdings, L.P. (NYSE:PAGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/11/2017quarterly$0.556.56%1/27/20171/31/20172/14/2017
10/3/2016quarterly$0.216.45%10/27/201610/31/201611/14/2016
7/12/2016quarterly$0.238.35%7/27/20167/29/20168/12/2016
4/8/2016quarterly$0.2310.74%4/27/20164/29/20165/13/2016
1/13/2016quarterly$0.2313.01%1/27/20161/29/20162/12/2016
10/8/2015quarterly$0.234.83%10/28/201510/30/201511/13/2015
7/8/2015quarterly$0.233.6%7/29/20157/31/20158/14/2015
4/8/2015quarterly$0.223.23%4/29/20155/1/20155/15/2015
1/9/2015quarterly$0.203.12%1/28/20151/30/20152/13/2015
10/8/2014quarterly$0.192.64%10/29/201410/31/201411/14/2014
7/8/2014quarterly$0.182.44%7/30/20148/1/20148/14/2014
4/8/2014quarterly$0.172.49%4/30/20145/2/20145/15/2014
1/10/2014special$0.131/29/20141/31/20142/14/2014
1/9/2014quarterly$0.131/29/20141/31/20142/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Plains Group Holdings, L.P. (NYSE:PAGP)
Insider Ownership Percentage: 39.93%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/11/2016Willie Cw ChiangCOOBuy200,000$5.80$1,160,000.00View SEC Filing  
2/10/2016Greg L ArmstrongCEOBuy1,000,000$5.86$5,860,000.00View SEC Filing  
2/10/2016Harry N. PefanisCOOBuy20,000$5.75$115,000.00View SEC Filing  
11/19/2015Greg L ArmstrongCEOBuy100,000$11.09$1,109,000.00View SEC Filing  
9/29/2015John T RaymondDirectorBuy50,000$16.50$825,000.00View SEC Filing  
8/10/2015Greg L ArmstrongCEOBuy100,000$18.27$1,827,000.00View SEC Filing  
11/14/2014John T RaymondDirectorBuy100,000$25.00$2,500,000.00View SEC Filing  
3/13/2014Victor BurkDirectorBuy3,000$27.09$81,270.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Plains Group Holdings, L.P. (NYSE:PAGP)
DateHeadline
News IconThe Plains Group Holdings, LP (PAGP) Stake Decreased by Lucas Capital Management (NYSE:PAGP)
latribunadecanarias.com - February 23 at 9:13 AM
News IconStock Price of Plains All American Pipeline, LP (PAA) Decreases -0.7% (NYSE:PAGP)
www.graffiotech.com - February 22 at 7:14 PM
biz.yahoo.com logoPLAINS GP HOLDINGS LP Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of Inc. o (NYSE:PAGP)
biz.yahoo.com - February 21 at 5:46 PM
News IconMost Active Volume Stock: Plains All American Pipeline, LP (NYSE:PAA) (NYSE:PAGP)
mundoaguaysaneamiento.net - February 18 at 11:42 AM
News IconDividend Growth of Plains Group Holdings, L.P.(PAGP) – Hignland ... - Highland Mirror (NYSE:PAGP)
www.highlandmirror.com - February 17 at 8:13 AM
4-traders.com logoPLAINS GP HOLDINGS LP : Completion of Acquisition or Disposition of Assets (form 8-K) (NYSE:PAGP)
www.4-traders.com - February 14 at 11:00 PM
marketexclusive.com logoPlains GP Holdings, L.P. (NYSE:PAGP) Files An 8-K Completion of Acquisition or Disposition of Assets (NYSE:PAGP)
marketexclusive.com - February 14 at 11:00 PM
biz.yahoo.com logoPLAINS GP HOLDINGS LP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets (NYSE:PAGP)
biz.yahoo.com - February 14 at 11:00 PM
capitalcube.com logoPlains GP Holdings LP :PAGP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NYSE:PAGP)
www.capitalcube.com - February 13 at 9:28 PM
News IconForward Earnings Estimate of Plains Group Holdings, L.P.(PAGP ... - Highland Mirror (NYSE:PAGP)
www.highlandmirror.com - February 11 at 1:05 AM
capitalcube.com logoPlains GP Holdings LP :PAGP-US: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (NYSE:PAGP)
www.capitalcube.com - February 10 at 8:03 PM
News IconAfter Plains All American Pipeline Earnings, PAA Could Soar 20% in 2017 (NYSE:PAGP)
xboxonezone.com - February 10 at 1:31 AM
News IconAnalysts Take: Plains Group Holdings, LP (NYSE:PAGP) Projected Earnings & Price Targets - Aiken Advocate (NYSE:PAGP)
aikenadvocate.com - February 9 at 8:31 PM
News IconAllen, St. Louis Blues blank Ottawa Senators 6-0 (NYSE:PAGP)
mundoaguaysaneamiento.net - February 8 at 1:13 AM
4-traders.com logoPLAINS GP HOLDINGS LP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:PAGP)
www.4-traders.com - February 7 at 8:13 PM
us.rd.yahoo.com logoPlains All American Pipeline, L.P. and Plains GP Holdings Report Fourth-Quarter and Full-Year 2016 Results (NYSE:PAGP)
us.rd.yahoo.com - February 7 at 8:13 PM
sg.finance.yahoo.com logoPlains GP reports 4Q loss (NYSE:PAGP)
sg.finance.yahoo.com - February 7 at 8:13 PM
biz.yahoo.com logoQ4 2016 Plains GP Holdings LP Earnings Release - After Market Close (NYSE:PAGP)
biz.yahoo.com - February 7 at 9:06 AM
News IconAs Plains Gp Hldgs LP (PAGP) Stock Declined, Holder Salient Capital Advisors LLC Raised Its Holding (NYSE:PAGP)
randolphguide.com - February 3 at 7:56 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Plains Group Holdings, L.P. (NYSE:PAGP)? - Wall Street Beacon (NYSE:PAGP)
wsbeacon.com - February 1 at 8:17 PM
News IconWhat Next for Plains GP Holdings LP (PAGP) After Forming Ascending Triangle Pattern? (NYSE:PAGP)
randolphguide.com - January 31 at 12:47 AM
News IconSell-side is Weighing in on Plains Group Holdings, L.P. (NYSE:PAGP) Earnings & Targets - Aiken Advocate (NYSE:PAGP)
aikenadvocate.com - January 27 at 5:27 AM
nasdaq.com logoPlains Group Holdings, L.P. (PAGP) Ex-Dividend Date Scheduled for January 27, 2017 - Nasdaq (NYSE:PAGP)
www.nasdaq.com - January 27 at 5:27 AM
4-traders.com logoPLAINS ALL AMERICAN PIPELINE, L.P. : ex-dividend day (NYSE:PAGP)
www.4-traders.com - January 27 at 12:24 AM
News IconPlains expands presence in Permian via $1.2B buy (NYSE:PAGP)
myhealthbowl.com - January 27 at 12:24 AM
News IconEarnings in Full Force, Analysts Take Aim at Plains Group Holdings, L.P. (NYSE:PAGP) - Wall Street Beacon (NYSE:PAGP)
wsbeacon.com - January 25 at 11:26 PM
capitalcube.com logoPlains GP Holdings LP breached its 50 day moving average in a Bullish Manner : PAGP-US : January 25, 2017 (NYSE:PAGP)
www.capitalcube.com - January 25 at 11:26 PM
News IconWhat are the Levels Indicating for This Stock: Plains Gp Holdings LP (PAGP) - Springdale Times (NYSE:PAGP)
springdaletimes.com - January 24 at 7:51 PM
biz.yahoo.com logoPLAINS GP HOLDINGS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Finan (NYSE:PAGP)
biz.yahoo.com - January 24 at 7:51 PM
moodys.com logoPlains Midstream Canada ULC -- Moody's reviews Plains All American's ratings for downgrade (NYSE:PAGP)
www.moodys.com - January 24 at 7:51 PM
News IconVC Score In Focus for Plains GP Holdings, L.P. (NYSE:PAGP) - The Tribune (NYSE:PAGP)
lakecitytribune.com - January 24 at 12:28 AM
News IconStock Backsliding Ahead of the Bell: Plains GP Holdings, L.P. (NYSE:PAGP) - Aiken Advocate (NYSE:PAGP)
aikenadvocate.com - January 24 at 12:28 AM
News Icon3 days left before Plains GP Holdings LP (PAGP) will start trading ex-dividend, should investors buy? (NYSE:PAGP)
simplywall.st - January 23 at 7:26 PM
News IconChecking Indicator Levels for Plains Gp Holdings L.P. (PAGP) - Rives Journal (NYSE:PAGP)
rivesjournal.com - January 22 at 6:52 PM
News IconInvestor Brief: Checking Technical Levels on Shares of Plains Gp Holdings L.P. (PAGP) - Sherwood Daily (NYSE:PAGP)
sherwooddaily.com - January 21 at 6:52 PM
News IconPlains All American to expand Permian basin pipeline (NYSE:PAGP)
diy-home-garden.com - January 19 at 11:45 PM
News IconTwo Stocks in Concentration: Hospitality Properties Trust (NASDAQ ... - The Newburgh Press (NYSE:PAGP)
newburghpress.com - January 10 at 8:35 AM
capitalcube.com logoPlains GP Holdings LP breached its 50 day moving average in a Bearish Manner : PAGP-US : January 9, 2017 (NYSE:PAGP)
us.rd.yahoo.com - January 9 at 7:47 PM
publicnow.com logoPlains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Fourth-Quarter and Full-Year 2016 Earnings Release (NYSE:PAGP)
www.publicnow.com - January 6 at 7:49 PM
4-traders.com logoPLAINS ALL AMERICAN PIPELINE LP : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:PAGP)
www.4-traders.com - December 28 at 9:51 AM
News IconInvestor Spotlight on Shares of Plains GP Holdings, L.P. (NYSE:PAGP) - Wall Street Beacon (NYSE:PAGP)
wsbeacon.com - December 25 at 9:39 AM
News IconStock Corner: Tracking Metrics for Plains GP Holdings, L.P. (NYSE:PAGP) - Marion Business Daily (NYSE:PAGP)
marionbusinessdaily.com - December 22 at 12:58 AM
capitalcube.com logoPlains GP Holdings LP : PAGP-US: Dividend Analysis : October 31st, 2016 (record date) : By the numbers : December 21, 2016 (NYSE:PAGP)
www.capitalcube.com - December 21 at 7:56 PM
News IconPlains GP Holdings LP (PAGP) Position Decreased by Chickasaw Capital Management LLC (NYSE:PAGP)
myhealthbowl.com - December 20 at 6:32 PM
News IconStock in Focus: Plains GP Holdings, L.P. (NYSE:PAGP) - The Business Journal (NYSE:PAGP)
belmontbusinessjournal.com - December 19 at 12:27 AM
News IconCompany in Focus: Plains GP Holdings, LP (NYSE:PAGP) - Wall Street Beacon (NYSE:PAGP)
wsbeacon.com - December 19 at 12:27 AM
News IconTrading Scope: Indicator Review for Plains Gp Holdings L.P. (PAGP) - Yankee Analysts (NYSE:PAGP)
yankeeanalysts.com - December 19 at 12:27 AM
News IconPlains GP Holdings LP (PAGP) Sees Significant Decrease in Short Interest (NYSE:PAGP)
www.perspectivabetica.com - December 18 at 6:16 AM
News IconEnterprise Value Review for Plains GP Holdings, LP (NYSE:PAGP) - OIB News (NYSE:PAGP)
oibnews.com - December 17 at 7:35 PM
istreetwire.com logoStocks Buzz: Cynosure, Inc. (CYNO), Plains GP Holdings, L.P. (PAGP), Inphi Corporation (IPHI) - iStreetWire (NYSE:PAGP)
istreetwire.com - December 17 at 7:35 PM

Social

What is Plains Group Holdings, L.P.'s stock symbol?

Plains Group Holdings, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAGP."

How often does Plains Group Holdings, L.P. pay dividends? What is the dividend yield for Plains Group Holdings, L.P.?

Plains Group Holdings, L.P. announced a quarterly dividend on Wednesday, January 11th. Shareholders of record on Tuesday, January 31st will be paid a dividend of $0.55 per share on Tuesday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 7.03%. The ex-dividend date is Friday, January 27th. This is a positive change from Plains Group Holdings, L.P.'s previous quarterly dividend of $0.21.

Where is Plains Group Holdings, L.P.'s stock going? Where will Plains Group Holdings, L.P.'s stock price be in 2017?

19 brokers have issued 12-month target prices for Plains Group Holdings, L.P.'s shares. Their forecasts range from $9.00 to $39.00. On average, they expect Plains Group Holdings, L.P.'s share price to reach $19.78 in the next year.

When will Plains Group Holdings, L.P. announce their earnings?

Plains Group Holdings, L.P. is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

What are analysts saying about Plains Group Holdings, L.P. stock?

Here are some recent quotes from research analysts about Plains Group Holdings, L.P. stock:

  • Stifel Nicolaus analysts commented, "Plains Holdings GP, LP is a tracking stock to Plains All American Pipeline, LP (PAA, Hold - $31.37) and provides investors a 1099 option to gain exposure as opposed to PAA's K-1 tax form. PAGP also enables management to access equity markets through a second security, which has traded at a premium to PAA since becoming a tracking stock when Plains announced its simplification transaction. For a review of PAA's results and our takeaways, please review PAA: Management Remains Optimistic on Long-Term Prospects, but Near-Term Challenges Remain; Maintain Hold. At this time, we are maintaining our Hold rating on shares of PAGP, while adjusting our target price to $34.00 from $31.00." (2/9/2017)
  • According to Zacks Investment Research, "Plains GP Holdings, L.P. operates as a holding company. The Company, through its subsidiaries, is involved in the transportation, storage, terminalling, and marketing of crude oil and refined products. It also focuses on the processing, transportation, fractionation, storage, and marketing of natural gas liquids, including ethane and natural gasoline products, as well as propane and butane products. Plains GP Holdings, L.P. is based in Houston, Texas. " (1/10/2017)

Who owns Plains Group Holdings, L.P. stock?

Plains Group Holdings, L.P.'s stock is owned by many different of institutional and retail investors. Top institutional investors include Iridian Asset Management LLC CT (4.81%), Energy Income Partners LLC (1.72%), Alyeska Investment Group L.P. (0.99%), RR Advisors LLC (0.92%), Highland Capital Management LP (0.75%) and Franklin Resources Inc. (0.74%). Company insiders that own Plains Group Holdings, L.P. stock include Greg L Armstrong, Harry N Pefanis, John T Raymond and Willie Cw Chiang.

Who sold Plains Group Holdings, L.P. stock? Who is selling Plains Group Holdings, L.P. stock?

Plains Group Holdings, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Highland Capital Management LP, Franklin Resources Inc., RR Advisors LLC, Terril Brothers Inc., CWA Asset Management Group LLC and United Capital Financial Advisers LLC.

Who bought Plains Group Holdings, L.P. stock? Who is buying Plains Group Holdings, L.P. stock?

Plains Group Holdings, L.P.'s stock was purchased by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Russell Investments Group Ltd., Alyeska Investment Group L.P., Ecofin Ltd., Asset Management One Co. Ltd., Marshall Wace LLP, Cutter & CO Brokerage Inc. and Renaissance Technologies LLC. Company insiders that have bought Plains Group Holdings, L.P. stock in the last two years include Greg L Armstrong, Harry N Pefanis, John T Raymond and Willie Cw Chiang.

How do I buy Plains Group Holdings, L.P. stock?

Shares of Plains Group Holdings, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Plains Group Holdings, L.P. stock cost?

One share of Plains Group Holdings, L.P. stock can currently be purchased for approximately $31.31.

Plains Group Holdings, L.P. (NYSE:PAGP) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Plains Group Holdings, L.P. (NYSE:PAGP)

Earnings History Chart

Earnings by Quarter for Plains Group Holdings, L.P. (NYSE:PAGP)

Dividend History Chart

Dividend Payments by Quarter for Plains Group Holdings, L.P. (NYSE:PAGP)

Last Updated on 2/23/2017 by MarketBeat.com Staff