NYSE:PAGP Plains GP (PAGP) Stock Forecast, Price & News $15.30 -0.69 (-4.32%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$15.25▼$15.9850-Day Range$15.19▼$16.6152-Week Range$11.25▼$16.70Volume5.45 million shsAverage Volume2.61 million shsMarket Capitalization$3.00 billionP/E Ratio12.86Dividend Yield6.99%Price Target$16.72 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Plains GP MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside9.3% Upside$16.72 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 7 Articles This WeekInsider TradingAcquiring Shares$1.01 M Bought Last QuarterProj. Earnings Growth32.26%From $1.24 to $1.64 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.2.56 out of 5 starsOils/Energy Sector110th out of 244 stocksPipelines, Except Natural Gas Industry3rd out of 11 stocks 1.3 Analyst's Opinion Consensus RatingPlains GP has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.72, Plains GP has a forecasted upside of 9.3% from its current price of $15.30.Amount of Analyst CoveragePlains GP has only been the subject of 4 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 2.5 Dividend Strength Dividend LeadershipPlains GP is a leading dividend payer. It pays a dividend yield of 6.64%, 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 89.92%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Plains GP will have a dividend payout ratio of 65.24% next year. This indicates that Plains GP will be able to sustain or increase its 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 3.1 News and Social Media Coverage News SentimentPlains GP has a news sentiment score of 0.61. 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 7 news articles for Plains GP this week, compared to 2 articles on an average week.Search Interest7 people have searched for PAGP on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows18 people have added Plains GP to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $1,006,880.00 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 Institutions84.45% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Plains GP are expected to grow by 32.26% in the coming year, from $1.24 to $1.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Plains GP is 12.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Plains GP is 12.86, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.95.Price to Book Value per Share RatioPlains GP has a P/B Ratio of 0.20. 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, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. It engages 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. 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAGP Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comWillie Cw Chiang Buys 62,000 Shares of Plains GP Holdings, L.P. (NYSE:PAGP) StockSeptember 26, 2023 | americanbankingnews.comPlains GP (NYSE:PAGP) Lowered to "Underweight" at BarclaysOctober 3, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 25, 2023 | msn.comBarclays Downgrades Plains GP Holdings LP - (PAGP)September 25, 2023 | msn.comPlains All American Pipeline cut to Sell equivalent at BarclaysSeptember 21, 2023 | finance.yahoo.comTap These 5 Bargain Stocks With Attractive EV-to-EBITDA RatiosSeptember 7, 2023 | msn.comCitigroup Downgrades Plains GP Holdings LP - (PAGP)September 7, 2023 | finance.yahoo.comShould Value Investors Buy Plains Group (PAGP) Stock?October 3, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.August 31, 2023 | finance.yahoo.comPlains GP Holdings (PAGP) Is Up 0.63% in One Week: What You Should KnowAugust 31, 2023 | finance.yahoo.comWhy Plains GP (PAGP) Might be Well Poised for a SurgeAugust 17, 2023 | finance.yahoo.comWhy Fast-paced Mover Plains GP (PAGP) Is a Great Choice for Value InvestorsAugust 15, 2023 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why Plains GP Holdings (PAGP) is a Great ChoiceAugust 9, 2023 | markets.businessinsider.comPlains GP Holdings (PAGP) Receives a Buy from Truist FinancialAugust 5, 2023 | finance.yahoo.comQ2 2023 Plains GP Holdings LP Earnings CallAugust 4, 2023 | finanznachrichten.dePlains All American Pipeline, L.P.; Plains GP Holdings: Plains All American Reports Second-Quarter 2023 Results and Provides Updated 2023 GuidanceAugust 4, 2023 | finance.yahoo.comPlains All American Reports Second-Quarter 2023 Results and Provides Updated 2023 GuidanceAugust 3, 2023 | markets.businessinsider.comTruist Financial Sticks to Their Buy Rating for Plains GP Holdings (PAGP)July 30, 2023 | finance.yahoo.comPAA Jul 2023 16.000 callJuly 24, 2023 | finance.yahoo.comPlains Publishes 2022 Sustainability ReportJuly 22, 2023 | msn.comRaymond James Maintains Plains GP Holdings LP - (PAGP) Strong Buy RecommendationJuly 19, 2023 | markets.businessinsider.comPlains GP Holdings (PAGP) Gets a Hold from BarclaysJuly 12, 2023 | msn.comMizuho Maintains Plains GP Holdings LP - (PAGP) Buy RecommendationJune 8, 2023 | finance.yahoo.comIs Plains Group (PAGP) a Worthy Pick for Value Investors?May 31, 2023 | msn.comPlains GP Holdings: Strong Industry Positioning Isn't Enough Reason To BuyMay 5, 2023 | finanznachrichten.dePlains All American Pipeline, L.P.; Plains GP Holdings: Plains All American Reports First-Quarter 2023 Results; Reaffirms 2023 GuidanceMay 5, 2023 | msn.comPlains GP Holdings: Q1 Earnings InsightsSee 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 PAGP Company Calendar Ex-Dividend for 8/14 Dividend7/28/2023Last Earnings8/04/2023Dividend Payable8/14/2023Today10/03/2023Next Earnings (Estimated)11/01/2023Fiscal 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$16.72 High Stock Price Forecast$20.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+9.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.19 Trailing P/E Ratio12.86 Forward P/E Ratio12.34 P/E GrowthN/ANet Income$168 million Net Margins0.45% Pretax Margin3.48% Return on Equity1.59% Return on Assets0.81% Debt Debt-to-Equity Ratio0.49 Current Ratio1.00 Quick Ratio0.92 Sales & Book Value Annual Sales$57.34 billion Price / Sales0.05 Cash Flow$5.54 per share Price / Cash Flow2.76 Book Value$75.34 per share Price / Book0.20Miscellaneous Outstanding Shares196,380,000Free Float177,493,000Market Cap$3.00 billion OptionableOptionable Beta1.60 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Wilfred C.W. Chiang (Age 62)Chairman & CEO of PAA GP Holdings LLC Comp: $4.37MMr. Harry N. Pefanis (Age 66)Pres & Director of PAA GP Holdings LLC Comp: $2.67MMr. Al P. Swanson (Age 59)Exec. VP & CFO of PAA GP Holdings LLC Comp: $1.98MMr. Chris R. Chandler (Age 51)Exec. VP & COO of PAA GP Holdings LLC Comp: $2.3MMr. Richard Kelly McGee (Age 62)Exec. VP, Gen. Counsel & Sec. of PAA GP Holdings LLC Comp: $2.05MMr. Jeremy L. Goebel (Age 45)Exec. VP & Chief Commercial Officer of PAA GP Holdings LLC Comp: $2.3MMr. Chris Herbold (Age 51)Sr. VP & Chief Accounting Officer of PAA GP Holdings LLC Mr. Roy I. LamoreauxVP, Investor Relations & CommunicationsMr. Brad LeoneDirector of Communications for PAA GP Holdings LLCMr. Dwayne Koehn (Age 49)Sr. VP of Operations of PAA GP Holdings LLC More ExecutivesKey CompetitorsHolly Energy PartnersNYSE:HEPNuStar EnergyNYSE:NSDelek Logistics PartnersNYSE:DKLGenesis EnergyNYSE:GELHF SinclairNYSE:DINOView All CompetitorsInsiders & InstitutionsWillie Cw ChiangBought 62,000 shares on 9/28/2023Total: $1.01 M ($16.24/share)Barclays PLCSold 570,794 shares on 9/21/2023Ownership: 0.337%ProVise Management Group LLCBought 61,624 shares on 8/24/2023Ownership: 0.151%Osaic Holdings Inc.Bought 4,218 shares on 8/21/2023Ownership: 0.026%Principal Street Partners LLCSold 831 shares on 8/21/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions PAGP Stock - Frequently Asked Questions Should I buy or sell Plains GP stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 1 sell rating, 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 forecast for 2023? 9 brokers have issued twelve-month target prices for Plains GP's shares. Their PAGP share price forecasts range from $15.00 to $20.00. On average, they predict the company's stock price to reach $16.72 in the next twelve months. This suggests a possible upside of 9.3% 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 2023? Plains GP's stock was trading at $12.44 at the start of the year. Since then, PAGP stock has increased by 23.0% and is now trading at $15.30. 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, November 1st 2023. View our PAGP earnings forecast. How were Plains GP's earnings last quarter? Plains GP Holdings, L.P. (NYSE:PAGP) issued its quarterly earnings results on Friday, August, 4th. The pipeline company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.11. The pipeline company had revenue of $11.60 billion for the quarter, compared to the consensus estimate of $16.84 billion. Plains GP had a net margin of 0.45% and a trailing twelve-month return on equity of 1.59%. How often does Plains GP pay dividends? What is the dividend yield for Plains GP? Plains GP announced a quarterly dividend on Thursday, July 6th. Investors of record on Monday, July 31st will be given a dividend of $0.2675 per share on Monday, August 14th. This represents a $1.07 annualized dividend and a dividend yield of 6.99%. The ex-dividend date of this dividend is Friday, July 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), FT Energy Income Partners Strategy ETF (EIPX), Global X MLP & Energy Infrastructure ETF (MLPX), 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 6.64%. 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 89.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PAGP will have a dividend payout ratio of 65.24% next year. This indicates that the company will be able to sustain or increase its 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." 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 $15.30. How much money does Plains GP make? Plains GP (NYSE:PAGP) has a market capitalization of $3.00 billion and generates $57.34 billion in revenue each year. The pipeline company earns $168 million in net income (profit) each year or $1.19 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. 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