NYSE:PAGP Plains GP - PAGP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Plains GP Holdings, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. $13.12 +0.08 (+0.61%) (As of 03/31/2023 04:33 PM ET) Add Compare Share Share Today's Range$13.02▼$13.1750-Day Range$12.16▼$14.0852-Week Range$9.39▼$14.17Volume1.72 million shsAverage Volume2.68 million shsMarket Capitalization$2.55 billionP/E Ratio15.26Dividend Yield8.16%Price Target$15.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Plains GP MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside16.2% Upside$15.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.04Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth14.68%From $1.09 to $1.25 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.2.57 out of 5 starsOils/Energy Sector76th out of 249 stocksPipelines, Except Natural Gas Industry4th out of 11 stocks 2.3 Analyst's Opinion Consensus RatingPlains GP has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.25, Plains GP has a forecasted upside of 16.2% from its current price of $13.12.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 1.7 Dividend Strength Dividend LeadershipPlains GP is a leading dividend payer. It pays a dividend yield of 8.35%, 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 124.42%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Plains GP will have a dividend payout ratio of 85.60% in the coming year. This indicates that Plains GP may not be able to sustain their current 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 3.9 News and Social Media Coverage News SentimentPlains GP has a news sentiment score of 1.04. 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 is a higher news sentiment than the 0.46 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Plains GP this week, compared to 1 article on an average week.Search Interest19 people have searched for PAGP on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat Follows9 people have added Plains GP to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Plains GP insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.62% of the stock of Plains GP is held by insiders.Percentage Held by Institutions83.68% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Plains GP are expected to grow by 14.68% in the coming year, from $1.09 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Plains GP is 15.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Plains GP is 15.26, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 63.38.Price to Book Value per Share RatioPlains GP has a P/B Ratio of 0.17. 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 LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation, Facilities and Supply and Logistics. The Transportation segment consists of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The Facilities segment consists of fee-based activities associated with providing storage, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment consists of storage of inventory during contango market conditions and the seasonal storage of NGL, purchase of NGL from producers, refiners, processors and other marketers, extraction of NGL from gas processed at the facilities. The company was founded in July 2013 and is headquartered in Houston, TX.Read More 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 Stock News HeadlinesMarch 26, 2023 | americanbankingnews.comPlains GP Holdings, L.P. (NYSE:PAGP) Receives $15.25 Consensus PT from BrokeragesMarch 17, 2023 | nasdaq.comPAGP Crosses Critical Technical IndicatorMarch 31, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 9, 2023 | msn.comThe Latest Analyst Ratings for Plains GP HoldingsMarch 9, 2023 | msn.comJP Morgan Maintains Neutral Rating for Plains GP Holdings: Here's What You Need To KnowMarch 9, 2023 | markets.businessinsider.comJ.P. Morgan Keeps Their Hold Rating on Plains GP Holdings (PAGP)February 24, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: Paccar (PCAR), Tennant Co (TNC) and Plains GP Holdings (PAGP)February 11, 2023 | morningstar.comPlains GP Holdings LP Class AMarch 31, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 9, 2023 | finanznachrichten.dePlains All American Pipeline, L.P.; Plains GP Holdings: Plains All American Reports Fourth-Quarter and Full-Year 2022 Results; Announces 2023 GuidanceFebruary 9, 2023 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Plains GP Holdings (PAGP)February 8, 2023 | msn.comPlains GP Holdings GAAP EPS of $0.23 misses by $0.12, revenue of $12.95B misses by $2.06BFebruary 8, 2023 | finance.yahoo.comPlains All American Reports Fourth-Quarter and Full-Year 2022 Results; Announces 2023 GuidanceJanuary 26, 2023 | seekingalpha.comPAGP Plains GP Holdings, L.P.January 17, 2023 | seekingalpha.comBetter High-Yield Midstream Buy: Enbridge Or Plains?January 4, 2023 | finance.yahoo.comPlains All American Announces Officer AppointmentsJanuary 4, 2023 | finance.yahoo.comPlains All American Announces Officer AppointmentsOctober 25, 2022 | finance.yahoo.comAre Investors Undervaluing Plains Group (PAGP) Right Now?October 10, 2022 | finance.yahoo.comPlains All American Pipeline and Plains GP Holdings Announce Timing of Third-Quarter 2022 Earnings & Quarterly Earnings Timing for 2023August 24, 2022 | nasdaq.comFirst Week of October 21st Options Trading For Plains GP Holdings LPAugust 16, 2022 | seekingalpha.comPlains, Plains GP upped to Buy at Stifel on improving balance sheetAugust 3, 2022 | finance.yahoo.comPlains All American Reports Second-Quarter 2022 ResultsAugust 1, 2022 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Plains GP HoldingsJuly 20, 2022 | finance.yahoo.comDoes Plains GP (PAGP) Have the Potential to Rally 34% as Wall Street Analysts Expect?July 19, 2022 | investing.comBofA Upgrades Plains All American Pipeline on Rising U.S. Oil ExportsJuly 5, 2022 | morningstar.comPlains GP Holdings LP Class A - Stock Financials PAGPJune 3, 2022 | nasdaq.comPlains GP Holdings LP - Class A Shares Close in on 52-Week High - Market MoverSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 2/14 Dividend1/30/2023Last Earnings2/08/2023Dividend Payable2/14/2023Today3/31/2023Next Earnings (Estimated)5/03/2023Fiscal 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$15.25 High Stock Price Forecast$20.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+16.6%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.86 Trailing P/E Ratio15.21 Forward P/E Ratio12.00 P/E GrowthN/ANet Income$168 million Net Margins0.29% Pretax Margin2.46% Return on Equity1.18% Return on Assets0.56% Debt Debt-to-Equity Ratio0.50 Current Ratio0.91 Quick Ratio0.79 Sales & Book Value Annual Sales$57.34 billion Price / Sales0.04 Cash Flow$5.97 per share Price / Cash Flow2.19 Book Value$75.34 per share Price / Book0.17Miscellaneous Outstanding Shares194,410,000Free Float175,706,000Market Cap$2.54 billion OptionableOptionable Beta1.63 Key ExecutivesWillie C. W. ChiangChairman & Chief Executive OfficerHarry N. PefanisPresident & DirectorChris R. ChandlerChief Operating Officer & Executive VPAlan P. SwansonChief Financial Officer & Executive Vice PresidentRichard K. McGeeSecretary, Executive VP & General CounselKey CompetitorsHolly Energy PartnersNYSE:HEPDelek Logistics PartnersNYSE:DKLNuStar EnergyNYSE:NSGenesis EnergyNYSE:GELPlains All American PipelineNYSE:PAAView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 9,495 shares on 3/15/2023Ownership: 0.025%Victory Capital Management Inc.Bought 30,919 shares on 3/10/2023Ownership: 0.454%B. Riley Wealth Advisors Inc.Bought 9,495 shares on 2/21/2023Ownership: 0.025%Truist Financial CorpSold 4,208 shares on 2/17/2023Ownership: 0.030%Beach Investment Counsel Inc. PABought 800 shares on 2/16/2023Ownership: 0.081%View All Insider TransactionsView All Institutional Transactions PAGP Stock - Frequently Asked Questions Should I buy or sell Plains GP stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last twelve months. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PAGP shares. View PAGP analyst ratings or view top-rated stocks. What is Plains GP's stock price forecast for 2023? 13 brokers have issued 12-month target prices for Plains GP's stock. Their PAGP share price forecasts range from $12.00 to $20.00. On average, they expect the company's share price to reach $15.25 in the next year. This suggests a possible upside of 16.4% 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 shares have increased by 5.3% and is now trading at $13.10. 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, May 3rd 2023. View our PAGP earnings forecast. How were Plains GP's earnings last quarter? Plains GP Holdings, L.P. (NYSE:PAGP) announced its earnings results on Wednesday, February, 8th. The pipeline company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.08. The pipeline company had revenue of $12.95 billion for the quarter, compared to analyst estimates of $14.40 billion. Plains GP had a net margin of 0.29% and a trailing twelve-month return on equity of 1.18%. How often does Plains GP pay dividends? What is the dividend yield for Plains GP? Plains GP declared a quarterly dividend on Wednesday, January 11th. Shareholders of record on Tuesday, January 31st will be given a dividend of $0.2675 per share on Tuesday, February 14th. This represents a $1.07 annualized dividend and a dividend yield of 8.17%. The ex-dividend date of this dividend is Monday, January 30th. This is a boost from the stock's previous quarterly dividend of $0.22. 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 USCF Midstream Energy Income Fund (UMI), Alerian Energy Infrastructure ETF (ENFR), First Trust North American Energy Infrastructure Fund (EMLP), FT Energy Income Partners Strategy ETF (EIPX), VanEck Energy Income ETF (EINC), Pacer American Energy Independence ETF (USAI), Global X MLP & Energy Infrastructure ETF (MLPX) and Cambria Value and Momentum ETF (VAMO). 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 8.35%. 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 124.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PAGP will have a dividend payout ratio of 85.60% in the coming year. This indicates that the company may not be able to sustain their current 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." Who are Plains GP's major shareholders? Plains GP's stock is owned by a number of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (6.58%), Energy Income Partners LLC (5.60%), Clearbridge Investments LLC (4.23%), Chickasaw Capital Management LLC (3.05%), Kayne Anderson Capital Advisors LP (2.25%) and Two Sigma Advisers LP (1.78%). Insiders that own company stock include Ellen Desanctis and Victor Burk. View institutional ownership trends. 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 $13.10. How much money does Plains GP make? Plains GP (NYSE:PAGP) has a market capitalization of $2.55 billion and generates $57.34 billion in revenue each year. The pipeline company earns $168 million in net income (profit) each year or $0.86 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. This page (NYSE:PAGP) was last updated on 3/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.