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How to Use the MarketBeat Dividend Calculator
3rd Massive Dollar Upheaval Has Started (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
3rd Massive Dollar Upheaval Has Started (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
3rd Massive Dollar Upheaval Has Started (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
NYSE:PAGP

Plains GP - PAGP Stock Forecast, Price & News

$11.18
-0.04 (-0.36%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.07
$11.41
50-Day Range
$9.80
$12.61
52-Week Range
$9.24
$12.84
Volume
3.31 million shs
Average Volume
2.92 million shs
Market Capitalization
$2.17 billion
P/E Ratio
19.28
Dividend Yield
7.75%
Price Target
$14.19

Plains GP MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
26.9% Upside
$14.19 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.01mentions of Plains GP in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.27%
From $0.88 to $0.90 Per Share

Overall MarketRank

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

2.86 out of 5 stars

Oils/Energy Sector

27th out of 344 stocks

Pipelines, Except Natural Gas Industry

3rd out of 19 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.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on PAGP shares. Barclays cut their target price on shares of Plains GP from $13.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 20th. Raymond James raised their price target on shares of Plains GP from $12.00 to $13.00 and gave the company an "outperform" rating in a research note on Wednesday, April 20th. Bank of America raised shares of Plains GP from an "underperform" rating to a "neutral" rating and set a $12.00 price target for the company in a research note on Tuesday, July 19th. UBS Group raised their price target on shares of Plains GP from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Thursday. Finally, StockNews.com downgraded shares of Plains GP from a "buy" rating to a "hold" rating in a research note on Monday, April 18th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $14.19.

Plains GP Stock Down 0.4 %

PAGP traded down $0.04 during midday trading on Monday, hitting $11.18. The company had a trading volume of 3,305,762 shares, compared to its average volume of 3,057,824. Plains GP has a 52 week low of $9.24 and a 52 week high of $12.84. The company has a quick ratio of 0.88, a current ratio of 0.94 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 19.28 and a beta of 1.71. The stock's 50 day moving average price is $10.94 and its 200 day moving average price is $11.36.

Plains GP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Friday, July 29th will be issued a dividend of $0.2175 per share. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date of this dividend is Thursday, July 28th. Plains GP's dividend payout ratio is currently 150.00%.

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PAGP Stock News Headlines

Plains GP (NYSE:PAGP) PT Raised to $18.00 at UBS Group
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
What 5 Analyst Ratings Have To Say About Plains GP Holdings
Plains GP (PAGP) Set to Announce Earnings on Wednesday
Plains GP (NYSE:PAGP) Price Target Cut to $12.00
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
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
Where Plains GP Holdings Stands With Analysts
3 Reasons Why Plains GP (PAGP) Is a Great Growth Stock
See More Headlines
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PAGP Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 5/13 Dividend
4/28/2022
Dividend Payable
5/13/2022
Ex-Dividend for 8/12 Dividend
7/28/2022
Today
8/09/2022
Dividend Payable
8/12/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

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
$14.19
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+26.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$60 million
Pretax Margin
1.08%

Debt

Sales & Book Value

Annual Sales
$42.04 billion
Cash Flow
$4.30 per share
Book Value
$73.00 per share

Miscellaneous

Free Float
175,543,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
1.71

Key Executives

  • Mr. Wilfred C.W. Chiang (Age 61)
    Chairman & CEO of PAA GP Holdings LLC
    Comp: $2.34M
  • Mr. Harry N. Pefanis (Age 65)
    Pres & Director of PAA GP Holdings LLC
    Comp: $1.57M
  • Mr. Al P. Swanson (Age 58)
    Exec. VP & CFO of PAA GP Holdings LLC
    Comp: $1.4M
  • Mr. Chris R. Chandler (Age 50)
    Exec. VP & COO of PAA GP Holdings LLC
    Comp: $1.43M
  • Mr. Richard Kelly McGee (Age 61)
    Exec. VP, Gen. Counsel & Sec. of PAA GP Holdings LLC
    Comp: $1.47M
  • Mr. Jeremy L. Goebel (Age 44)
    Exec. VP & Chief Commercial Officer of PAA GP Holdings LLC
    Comp: $1.59M
  • Mr. Chris Herbold (Age 50)
    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 56)
    Sr. VP & Treasurer













PAGP Stock - Frequently Asked Questions

Should I buy or sell Plains GP stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 2022?

10 Wall Street research analysts have issued 1 year target prices for Plains GP's shares. Their PAGP share price forecasts range from $12.00 to $18.00. On average, they predict the company's stock price to reach $14.19 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
View analysts price targets for PAGP
or view top-rated stocks among Wall Street analysts.

How has Plains GP's stock price performed in 2022?

Plains GP's stock was trading at $10.14 at the start of the year. Since then, PAGP stock has increased by 10.3% and is now trading at $11.18.
View the best growth stocks for 2022 here
.

When is Plains GP's next earnings date?

Plains GP is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our PAGP earnings forecast
.

How were Plains GP's earnings last quarter?

Plains GP Holdings, L.P. (NYSE:PAGP) released its quarterly earnings data on Tuesday, November, 2nd. The pipeline company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.29. The pipeline company had revenue of $10.78 billion for the quarter, compared to the consensus estimate of $9.28 billion. Plains GP had a trailing twelve-month return on equity of 0.87% and a net margin of 0.21%. During the same quarter in the prior year, the business posted $0.09 earnings per share.

How often does Plains GP pay dividends? What is the dividend yield for Plains GP?

Plains GP announced a quarterly dividend on Monday, July 11th. Investors of record on Friday, July 29th will be given a dividend of $0.2175 per share on Friday, August 12th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Thursday, July 28th.
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 7.75%. PAGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 150.00%. 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 96.67% 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 many different institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (4.54%), Kayne Anderson Capital Advisors LP (2.12%), Jennison Associates LLC (1.60%), Mirae Asset Global Investments Co. Ltd. (1.23%), Assenagon Asset Management S.A. (1.15%) and Miller Howard Investments Inc. NY (0.87%). Insiders that own company 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
.

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 $11.18.

How much money does Plains GP make?

Plains GP (NYSE:PAGP) has a market capitalization of $2.17 billion and generates $42.04 billion in revenue each year. The pipeline company earns $60 million in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does Plains GP have?

Plains GP 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 8/9/2022 by MarketBeat.com Staff

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