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

Plains GP's stock was trading at $8.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PAGP shares have decreased by 30.4% and is now trading at $6.03. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Plains GP.

Plains GP is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Plains GP.

Plains GP Holdings LP (NYSE:PAGP) released its quarterly earnings results on Tuesday, February, 4th. The pipeline company reported $0.26 EPS for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.30. The pipeline company earned $9.15 billion during the quarter, compared to analysts' expectations of $7.59 billion. Plains GP had a return on equity of 2.31% and a net margin of 0.98%. The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.12 earnings per share. View Plains GP's earnings history.

Plains GP announced a quarterly dividend on Thursday, January 9th. Investors 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 dividend yield of 23.88%. The ex-dividend date is Thursday, January 30th. View Plains GP's dividend history.

9 brokerages have issued 12 month price objectives for Plains GP's stock. Their forecasts range from $8.00 to $28.00. On average, they expect Plains GP's stock price to reach $16.67 in the next twelve months. This suggests a possible upside of 176.4% from the stock's current price. View analysts' price targets for Plains GP.

Media headlines about PAGP stock have been trending negative on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Plains GP earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutPlains GP.

Some companies that are related to Plains GP include Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), NuStar Energy (NS), PBF Logistics (PBFX), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX) 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), AT&T (T), Main Street Capital (MAIN), Plains All American Pipeline (PAA), Exxon Mobil (XOM) and Altria Group (MO).

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

Plains GP's stock is owned by many different institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (6.98%), Tortoise Capital Advisors L.L.C. (6.98%), Chickasaw Capital Management LLC (5.48%), Massachusetts Financial Services Co. MA (3.86%), Kayne Anderson Capital Advisors LP (3.56%) and CIBC Private Wealth Group LLC (3.34%). Company insiders that own Plains GP stock include Emg Investment, Llc, Everardo Goyanes, Greg L Armstrong, Harry N Pefanis, John T Raymond, Oscar K Brown, Oxy Holding Co (Pipeline), Inc, Robert V Sinnott 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 activity for Plains GP.

PAGP stock was acquired 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, Greg L Armstrong, Harry N Pefanis, John T Raymond, Oscar K Brown, Robert V Sinnott, and Willie Cw Chiang. View insider buying and selling activity 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 $6.03.

Plains GP has a market capitalization of $1.10 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 5,000 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 ST SUITE 1600, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-646-4100 or via email at [email protected]