Plains GP Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Plains GP stock.
View analyst ratings for Plains GP or view top-rated stocks.

Wall Street analysts have given Plains GP a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Plains GP wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Plains GP Holdings, L.P. (NYSE:PAGP) posted its quarterly earnings data on Monday, February, 8th. The pipeline company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.22 by $0.33. The pipeline company earned $5.96 billion during the quarter, compared to analysts' expectations of $7.23 billion. Plains GP had a trailing twelve-month return on equity of 0.73% and a net margin of 0.35%.
View Plains GP's earnings history.

Plains GP's stock was trading at $8.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PAGP stock has increased by 20.9% and is now trading at $10.48.
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Plains GP declared a quarterly dividend on Thursday, July 8th. Investors of record on Friday, July 30th will be given a dividend of $0.18 per share on Friday, August 13th. This represents a $0.72 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date is Thursday, July 29th.
View Plains GP's dividend history.

Plains GP pays an annual dividend of $0.72 per share and currently has a dividend yield of 6.86%. PAGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Plains GP is 9.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Plains GP will have a dividend payout ratio of 42.35% next year. This indicates that Plains GP will be able to sustain or increase its dividend.
View Plains GP's dividend history.

7 equities research analysts have issued 1 year price objectives for Plains GP's stock. Their forecasts range from $11.00 to $14.00. On average, they expect Plains GP's share price to reach $12.83 in the next year. This suggests a possible upside of 22.5% from the stock's current price.
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Some companies that are related to Plains GP include Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Holly Energy Partners (HEP), Delek Logistics Partners (DKL), NuStar Energy (NS), BP Midstream Partners (BPMP), Genesis Energy (GEL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP).
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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).

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

Plains GP's stock is owned by a number of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (5.16%), Terril Brothers Inc. (0.50%), Eagle Global Advisors LLC (0.44%), Tuttle Tactical Management (0.03%), Arizona State Retirement System (0.02%) and Advisor Group Holdings Inc. (0.02%). Company insiders that own Plains GP stock include Everardo Goyanes, Greg L Armstrong, Harry N Pefanis, Oxy Holding Co (Pipeline), Inc, Robert V Sinnott, Victor Burk 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 Chickasaw Capital Management LLC, Eagle Global Advisors LLC, Terril Brothers Inc., MAI Capital Management, Arizona State Retirement System, and Zurcher Kantonalbank Zurich Cantonalbank .
View insider buying and selling activity for Plains GP or view top insider-selling stocks.

PAGP stock was acquired by a variety of institutional investors in the last quarter, including Tuttle Tactical Management, Wedbush Securities Inc., Beach Investment Counsel Inc. PA, Cutler Group LP, GWM Advisors LLC, Advisor Group Holdings Inc., SL Advisors LLC, and IFP Advisors Inc. Company insiders that have bought Plains GP stock in the last two years include Everardo Goyanes, Greg L Armstrong, Harry N Pefanis, Robert V Sinnott, and Willie Cw Chiang.
View insider buying and selling activity for Plains GP or or view top insider-buying stocks.

Shares of PAGP 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.
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One share of PAGP stock can currently be purchased for approximately $10.48.

Plains GP has a market capitalization of $2.03 billion and generates $23.29 billion in revenue each year. The pipeline company earns $-568,000,000.00 in net income (profit) each year or $7.79 on an earnings per share basis.

Plains GP employs 4,400 workers across the globe.

The official website for Plains GP is www.plainsallamerican.com.

Plains GP is headquartered at 333 CLAY STREET SUITE 1600, HOUSTON TX, 77002.

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]