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

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

Plains Group Holdings, L.P. announced a quarterly dividend on Friday, July 7th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.55 per share on Monday, August 14th. This represents a $2.20 annualized dividend and a dividend yield of 8.14%. The ex-dividend date is Thursday, July 27th. View Plains Group Holdings, L.P.'s Dividend History.

Plains Group Holdings, L.P. (NYSE:PAGP) released its earnings results on Monday, May, 8th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.11. The business earned $6.67 billion during the quarter, compared to analyst estimates of $5.21 billion. Plains Group Holdings, L.P. had a net margin of 0.44% and a return on equity of 0.90%. Plains Group Holdings, L.P.'s revenue for the quarter was up 62.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 earnings per share. View Plains Group Holdings, L.P.'s Earnings History.

18 brokerages have issued 12-month price targets for Plains Group Holdings, L.P.'s stock. Their forecasts range from $11.00 to $39.00. On average, they expect Plains Group Holdings, L.P.'s share price to reach $27.78 in the next year. View Analyst Ratings for Plains Group Holdings, L.P..

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

• 1. 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. " (7/12/2017)
• 2. 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)

Some companies that are related to Plains Group Holdings, L.P. include Enable Midstream Partners, LP (ENBL), EQT Midstream Partners, LP (EQM), EnLink Midstream Partners, LP (ENLK), Tesoro Logistics LP (TLLP), Shell Midstream Partners, L.P. (SHLX), Phillips 66 Partners LP (PSXP), Enbridge Energy, L.P. (EEP), Genesis Energy, L.P. (GEL), Tallgrass Energy Partners, LP (TEP), EnLink Midstream, LLC (ENLC), Valero Energy Partners LP (VLP), Summit Midstream Partners, LP (SMLP), Semgroup Corporation (SEMG), SemGroup Corp (SEMG), Western Refining Logistics, LP (WNRL), Tallgrass Energy GP, LP (TEGP), Ship Finance International Limited (SFL) and Enbridge Energy Management LLC (EEQ).

Plains Group Holdings, L.P.'s management team includes the folowing people:

• Greg L. Armstrong, Chairman of the Board, Chief Executive Officer of the General Partner
• Harry N. Pefanis, President, Chief Operating Officer, Director of the General Partner
• Aloys P. Swanson, Chief Financial Officer, Executive Vice President of the General Partner
• Richard K. McGee, Executive Vice President, General Counsel, Secretary of the General Partner
• Wilfred C. Chiang, Executive Vice President and Chief Operating Officer - U.S and Director of the General Partner
• Daniel J. Nerbonne, Executive Vice President - Operations and Engineering of the General Partner
• John P. vonBerg, Executive Vice President - Commercial Activities of the General Partner
• Chris Herbold, Chief Accounting Officer, Vice President - Accounting of the General Partner
• Bernard Francis Figlock III, Director of the General Partner
• Victor Burk, Independent Director of the General Partner

Plains Group Holdings, L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Advisors Capital Management LLC (0.22%), NN Investment Partners Holdings N.V. (0.07%), Investment House LLC (0.05%), US Bancorp DE (0.05%), APG Asset Management N.V. (0.02%) and Prospera Financial Services Inc (0.02%). Company insiders that own Plains Group Holdings, L.P. stock include Greg L Armstrong, Harry N Pefanis, John T Raymond and Willie Cw Chiang. View Institutional Ownership Trends for Plains Group Holdings, L.P..

Plains Group Holdings, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Creative Planning. View Insider Buying and Selling for Plains Group Holdings, L.P..

Plains Group Holdings, L.P.'s stock was bought by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, US Bancorp DE, Mn Services Vermogensbeheer B.V., Searle & CO., Prospera Financial Services Inc, Oregon Public Employees Retirement Fund, Xact Kapitalforvaltning AB and NN Investment Partners Holdings N.V.. 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. View Insider Buying and Selling for Plains Group Holdings, L.P..

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.

One share of Plains Group Holdings, L.P. stock can currently be purchased for approximately $27.03.