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Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
NYSE:PAGP

Plains GP - PAGP Stock Forecast, Price & News

$13.54
+0.08 (+0.59%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$13.46
$13.63
50-Day Range
$12.00
$13.46
52-Week Range
$9.39
$13.63
Volume
2.22 million shs
Average Volume
2.17 million shs
Market Capitalization
$2.63 billion
P/E Ratio
12.77
Dividend Yield
6.46%
Price Target
$14.58

Plains GP MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
7.7% Upside
$14.58 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.08mentions of Plains GP in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.45%
From $0.93 to $0.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Oils/Energy Sector

110th out of 244 stocks

Pipelines, Except Natural Gas Industry

4th out of 11 stocks


PAGP stock logo

About Plains GP (NYSE:PAGP) Stock

Plains 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. As of December 31, 2021, this segment owned and leased assets comprising 18,300 miles of crude oil and NGL pipelines and gathering systems; 38 million barrels of above-ground tank capacity; and 1,275 trailers. 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. As of December 31, 2021, this segment owned and operated approximately 74 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; four natural gas processing plants; a condensate processing facility; nine fractionation plants; 16 NGL rail terminals; four marine facilities; and 110 miles of pipelines. As of December 31, 2021, this segment owned 15 million barrels of crude oil and 2 NGL linefill; 3 million barrels of crude oil and 1 NGL linefill in pipelines owned by third parties and other inventory; 640 trucks and 1,275 trailers; and 3,900 NGL railcars. 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.

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PAGP Stock News Headlines

PAGP Plains GP Holdings, L.P.
Better High-Yield Midstream Buy: Enbridge Or Plains?
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Plains All American Announces Officer Appointments
Plains All American Announces Officer Appointments
Are Investors Undervaluing Plains Group (PAGP) Right Now?
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
What 5 Analyst Ratings Have To Say About Plains GP Holdings
Plains GP Holdings Q1 2022 Earnings Preview
Analyst Ratings for Plains GP Holdings
Plains GP Holdings goes ex dividend tomorrow
Plains GP Holdings LP Class A PAGP
See More Headlines
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PAGP Company Calendar

Ex-Dividend for 11/14 Dividend
10/28/2022
Last Earnings
11/02/2022
Dividend Payable
11/14/2022
Today
1/28/2023
Ex-Dividend for 2/14 Dividend
1/30/2023
Next Earnings (Estimated)
2/08/2023
Dividend Payable
2/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
4,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.58
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+7.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$60 million
Pretax Margin
2.91%

Debt

Sales & Book Value

Annual Sales
$42.04 billion
Cash Flow
$4.34 per share
Book Value
$73.00 per share

Miscellaneous

Free Float
175,596,000
Market Cap
$2.63 billion
Optionable
Optionable
Beta
1.61

Key Executives

  • Mr. Wilfred C.W. Chiang (Age 62)
    Chairman & CEO of PAA GP Holdings LLC
    Comp: $2.34M
  • Mr. Harry N. Pefanis (Age 66)
    Pres & Director of PAA GP Holdings LLC
    Comp: $1.57M
  • Mr. Al P. Swanson (Age 59)
    Exec. VP & CFO of PAA GP Holdings LLC
    Comp: $1.4M
  • Mr. Chris R. Chandler (Age 51)
    Exec. VP & COO of PAA GP Holdings LLC
    Comp: $1.43M
  • Mr. Richard Kelly McGee (Age 62)
    Exec. VP, Gen. Counsel & Sec. of PAA GP Holdings LLC
    Comp: $1.47M
  • Mr. Jeremy L. Goebel (Age 45)
    Exec. VP & Chief Commercial Officer of PAA GP Holdings LLC
    Comp: $1.59M
  • Mr. Chris Herbold (Age 51)
    Sr. VP & Chief Accounting Officer of PAA GP Holdings LLC
  • Mr. Roy I. Lamoreaux
    VP, Investor Relations & Communications
  • Mr. Brad Leone
    Director of Communications for PAA GP Holdings LLC
  • Ms. Sharon S. Spurlin (Age 57)
    Sr. VP & Treasurer













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 year. 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 Wall Street research analysts have issued 12-month price targets for Plains GP's shares. Their PAGP share price forecasts range from $12.00 to $18.00. On average, they predict the company's share price to reach $14.58 in the next year. This suggests a possible upside of 7.7% 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 8.8% and is now trading at $13.54.
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, February 8th 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, November, 2nd. The pipeline company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.17 by $0.19. The pipeline company had revenue of $14.34 billion for the quarter, compared to analysts' expectations of $14.77 billion. Plains GP had a trailing twelve-month return on equity of 1.47% and a net margin of 0.36%.

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. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.90%. The ex-dividend date is Monday, January 30th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for PAGP
.

Is Plains GP a good dividend stock?

Plains GP (NYSE:PAGP) pays an annual dividend of $0.87 per share and currently has a dividend yield of 6.46%. 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 82.08%. 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 87.88% 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 variety of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (3.05%), Assenagon Asset Management S.A. (1.30%), Bard Financial Services Inc. (0.23%), Stableford Capital II LLC (0.08%), GraniteShares Advisors LLC (0.03%) and Chesley Taft & Associates LLC (0.03%). Insiders that own company stock include Ellen Desanctis, Greg L Armstrong, Harry N Pefanis, Robert V Sinnott, Victor Burk and Willie Cw Chiang.
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 $13.54.

How much money does Plains GP make?

Plains GP (NYSE:PAGP) has a market capitalization of $2.63 billion and generates $42.04 billion in revenue each year. The pipeline company earns $60 million in net income (profit) each year or $1.06 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 1/28/2023 by MarketBeat.com Staff