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

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

Plains GP announced a quarterly dividend on Thursday, January 9th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.36 per share on Friday, February 14th. This represents a $1.44 annualized dividend and a yield of 8.48%. The ex-dividend date of this dividend is Thursday, January 30th. View Plains GP's Dividend History.

Plains GP Holdings LP (NYSE:PAGP) announced its earnings results on Tuesday, February, 4th. The pipeline company reported $0.26 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.30. The pipeline company earned $9.15 billion during the quarter, compared to analyst estimates of $7.59 billion. Plains GP had a net margin of 0.98% and a return on equity of 2.32%. The company's revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.12 earnings per share. View Plains GP's Earnings History.

Plains GP is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Plains GP.

6 Wall Street analysts have issued 12 month target prices for Plains GP's stock. Their forecasts range from $19.00 to $28.00. On average, they expect Plains GP's stock price to reach $22.20 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for Plains GP.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plains GP.

News headlines about PAGP stock have trended very negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Plains GP earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Plains GP.

Some companies that are related to Plains GP include Plains All American Pipeline (PAA), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Plains GP investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), New Residential Investment (NRZ), Enbridge (ENB), AbbVie (ABBV), Exxon Mobil (XOM), AT&T (T), Ford Motor (F), Main Street Capital (MAIN) and Altria Group (MO).

Plains GP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (5.48%), Massachusetts Financial Services Co. MA (3.86%), Kayne Anderson Capital Advisors LP (3.56%), CIBC Private Wealth Group LLC (3.34%), Cohen & Steers Inc. (2.02%) and CI Investments Inc. (1.62%). Company insiders that own Plains GP stock include Emg Investment, Llc, Everardo Goyanes, John T Raymond, Oscar K Brown, Oxy Holding Co (Pipeline), Inc and Willie Cw Chiang. View Institutional Ownership Trends for Plains GP.

PAGP stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Rockefeller Capital Management L.P., Eagle Global Advisors LLC, Teacher Retirement System of Texas, Cohen & Steers Inc., Marshall Wace North America L.P., California Public Employees Retirement System and Raymond James & Associates. Company insiders that have sold Plains GP company stock in the last year include Emg Investment, Llc, Everardo Goyanes and Oxy Holding Co (Pipeline), Inc. View Insider Buying and Selling for Plains GP.

PAGP stock was purchased by a variety of institutional investors in the last quarter, including CI Investments Inc., Alyeska Investment Group L.P., Massachusetts Financial Services Co. MA, Brookfield Public Securities Group LLC, Point72 Asset Management L.P., CIBC Private Wealth Group LLC, Chickasaw Capital Management LLC and Marshall Wace LLP. Company insiders that have bought Plains GP stock in the last two years include Everardo Goyanes, John T Raymond, Oscar K Brown and Willie Cw Chiang. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PAGP stock can currently be purchased for approximately $16.98.

Plains GP has a market capitalization of $3.09 billion and generates $33.67 billion in revenue each year. The pipeline company earns $331 million in net income (profit) each year or $1.96 on an earnings per share basis. Plains GP employs 4,900 workers across the globe.View Additional Information About Plains GP.

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

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]