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

Sign in or create an account to add this stock to your watchlist.
$26.42 +0.35 (+1.34 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$26.07
Today's Range$26.05 - $26.52
52-Week Range$18.98 - $27.00
Volume670,300 shs
Average Volume1.65 million shs
Market Capitalization$4.21 billion
P/E Ratio40.65
Dividend Yield4.66%
Beta1.23
Plains GP logoPlains 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.

Receive PAGP News and Ratings via Email

Sign-up to receive the latest news and ratings for PAGP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:PAGP
CUSIPN/A
Phone713-646-4100

Debt

Debt-to-Equity Ratio0.73
Current Ratio0.86
Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio40.65
Forward P/E Ratio25.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$26.22 billion
Price / Sales0.16
Cash Flow$4.6108 per share
Price / Cash5.73
Book Value$79.81 per share
Price / Book0.33

Profitability

EPS (Most Recent Fiscal Year)$0.65
Net Income$-731,000,000.00
Net Margins-2.51%
Return on Equity0.57%
Return on Assets0.26%

Miscellaneous

Employees4,850
Outstanding Shares157,950,000
Market Cap$4.21 billion

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 declared a quarterly dividend on Tuesday, July 10th. Investors of record on Tuesday, July 31st will be paid a dividend of $0.30 per share on Tuesday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Monday, July 30th. View Plains GP's Dividend History.

How were Plains GP's earnings last quarter?

Plains GP Holdings LP (NYSE:PAGP) posted its quarterly earnings results on Tuesday, August, 7th. The pipeline company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.17. The pipeline company earned $8.08 billion during the quarter, compared to the consensus estimate of $7.71 billion. Plains GP had a negative net margin of 2.51% and a positive return on equity of 0.57%. 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 Monday, November, 5th 2018. View Earnings Estimates for Plains GP.

What price target have analysts set for PAGP?

18 brokerages have issued 12-month price objectives for Plains GP's shares. Their forecasts range from $22.00 to $32.00. On average, they expect Plains GP's share price to reach $26.4286 in the next year. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Price Targets for Plains GP.

What is the consensus analysts' recommendation for Plains GP?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 1 sell rating, 7 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plains GP.

Are investors shorting Plains GP?

Plains GP saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 4,293,318 shares, an increase of 88.1% from the July 13th total of 2,282,854 shares. Based on an average trading volume of 1,373,655 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.8% of the shares of the stock are sold short. View Plains GP's Current Options Chain.

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. Gregory L. Armstrong, Chairman & CEO (Age 60)
  • Mr. Harry N. Pefanis, Pres, Chief Commercial Officer & Director of PAA GP Holdings LLC (Age 61)
  • Mr. Al P. Swanson, Exec. VP & CFO of PAA GP Holdings LLC (Age 54)
  • Mr. Wilfred C.W. Chiang, Exec. VP, COO & Director of PAA GP Holdings LLC (Age 57)
  • Mr. Daniel J. Nerbonne, Exec. VP of Operations & Engineering - PAA GP Holdings LLC (Age 60)

Has Plains GP been receiving favorable news coverage?

News headlines about PAGP stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Plains GP earned a daily sentiment score of 0.14 on Accern's scale. They also gave news stories about the pipeline company an impact score of 46.99 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Plains GP.

Who are Plains GP's major shareholders?

Plains GP's stock is owned by many different of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (5.91%), Chickasaw Capital Management LLC (4.58%), Kayne Anderson Capital Advisors LP (4.39%), Massachusetts Financial Services Co. MA (3.10%), Scopia Capital Management LP (2.42%) and OppenheimerFunds Inc. (2.08%). Company insiders that own Plains GP stock include Everardo Goyanes, Greg L Armstrong, 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 Scopia Capital Management LP, Millennium Management LLC, PointState Capital LP, Chickasaw Capital Management LLC, CIBC Private Wealth Group LLC, OppenheimerFunds Inc., Massachusetts Financial Services Co. MA and Highland Capital Management LP. View Insider Buying and Selling for Plains GP.

Which institutional investors are buying Plains GP stock?

PAGP stock was acquired by a variety of institutional investors in the last quarter, including Raymond James & Associates, Epoch Investment Partners Inc., Miller Howard Investments Inc. NY, Kayne Anderson Capital Advisors LP, BlueMountain Capital Management LLC, American International Group Inc., Renaissance Technologies LLC and Perella Weinberg Partners Capital Management LP. Company insiders that have bought Plains GP stock in the last two years include Everardo Goyanes, Greg L Armstrong, 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 $26.42.

How big of a company is Plains GP?

Plains GP has a market capitalization of $4.21 billion and generates $26.22 billion in revenue each year. The pipeline company earns $-731,000,000.00 in net income (profit) each year or $0.65 on an earnings per share basis. Plains GP employs 4,850 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 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:  270 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  668
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 8/18/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.