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

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$24.47 -0.12 (-0.49 %)
(As of 04/23/2019 12:32 PM ET)
Previous Close$24.59
Today's Range$24.35 - $24.69
52-Week Range$19.17 - $27.00
Volume26,770 shs
Average Volume1.40 million shs
Market Capitalization$3.90 billion
P/E Ratio11.60
Dividend Yield4.97%
Beta1.23
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2018, this segment owned and leased assets comprising 17,965 miles of crude oil and NGL pipelines and gathering systems; 31 million barrels of above-ground tank capacity; 830 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment is involved 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. This segment owned and operated approximately 77 million barrels of crude oil storage capacity; 32 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; 7 natural gas processing plants; a condensate processing facility; 8 fractionation plants; 33 crude oil and NGL rail terminals; 5 marine facilities; and 425 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL. It owned 15 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 750 trucks and 900 trailers; and 9,100 crude oil and NGL railcars. The company offers logistics services, principally for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone713-646-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$34.06 billion
Cash Flow$5.4378 per share
Book Value$83.68 per share

Profitability

Net Income$334 million

Miscellaneous

Employees4,900
Market Cap$3.90 billion
Next Earnings Date5/7/2019 (Confirmed)
OptionableOptionable

Plains GP (NYSE:PAGP) Frequently Asked Questions

What is Plains GP's stock symbol?

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

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

Plains GP announced a quarterly dividend on Friday, April 5th. Investors of record on Wednesday, May 1st will be paid a dividend of $0.36 per share on Wednesday, May 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.89%. The ex-dividend date of this dividend is Tuesday, April 30th. This is a positive change from Plains GP's previous quarterly dividend of $0.30. View Plains GP's Dividend History.

How were Plains GP's earnings last quarter?

Plains GP Holdings LP (NYSE:PAGP) posted its quarterly earnings data on Tuesday, February, 5th. The pipeline company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.61. The pipeline company earned $8.79 billion during the quarter, compared to the consensus estimate of $10.52 billion. Plains GP had a return on equity of 2.64% and a net margin of 0.98%. Plains GP's revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($5.16) earnings per share. View Plains GP's Earnings History.

When is Plains GP's next earnings date?

Plains GP is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Plains GP.

What price target have analysts set for PAGP?

15 equities research analysts have issued twelve-month price targets for Plains GP's stock. Their predictions range from $24.00 to $32.00. On average, they anticipate Plains GP's stock price to reach $28.6923 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Plains GP.

What is the consensus analysts' recommendation for Plains GP?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plains GP.

Has Plains GP been receiving favorable news coverage?

News headlines about PAGP stock have been trending positive on Tuesday, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Plains GP earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future.

Who are some of Plains GP's key competitors?

What other stocks do shareholders of Plains GP own?

Who are Plains GP's key executives?

Plains GP's management team includes the folowing people:
  • Mr. Wilfred C.W. Chiang, CEO & Director of PAA GP Holdings LLC (Age 58)
  • Mr. Harry N. Pefanis, Pres, Chief Commercial Officer & Director of PAA GP Holdings LLC (Age 62)
  • Mr. Al P. Swanson, Exec. VP & CFO of PAA GP Holdings LLC (Age 55)
  • Mr. Chris R. Chandler, Exec. VP & COO of PAA GP Holdings LLC (Age 47)
  • Mr. Chris Herbold, Sr. VP & Chief Accounting Officer of PAA GP Holdings LLC (Age 47)

Who are Plains GP's major shareholders?

Plains GP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (5.02%), Eagle Global Advisors LLC (1.86%), Miller Howard Investments Inc. NY (0.63%), DNB Asset Management AS (0.05%), Gulf International Bank UK Ltd (0.02%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Plains GP stock include Everardo Goyanes, Greg L Armstrong, John T Raymond, Oscar K Brown and Richard K Mcgee. View Institutional Ownership Trends for Plains GP.

Which institutional investors are selling Plains GP stock?

PAGP stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY. View Insider Buying and Selling for Plains GP.

Which institutional investors are buying Plains GP stock?

PAGP stock was acquired by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Eagle Global Advisors LLC, DNB Asset Management AS, IFM Investors Pty Ltd, Hodges Capital Management Inc., Chicago Partners Investment Group LLC and Gulf International Bank UK Ltd. Company insiders that have bought Plains GP stock in the last two years include Everardo Goyanes, Greg L Armstrong, John T Raymond, Oscar K Brown and Richard K Mcgee. View Insider Buying and Selling for Plains GP.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Plains GP's stock price today?

One share of PAGP stock can currently be purchased for approximately $24.46.

How big of a company is Plains GP?

Plains GP has a market capitalization of $3.90 billion and generates $34.06 billion in revenue each year. The pipeline company earns $334 million in net income (profit) each year or $2.11 on an earnings per share basis. Plains GP employs 4,900 workers across the globe.

What is Plains GP's official website?

The official website for Plains GP is http://www.plainsallamerican.com.

How can I contact Plains GP?

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]


MarketBeat Community Rating for Plains GP (NYSE PAGP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  441 (Vote Underperform)
Total Votes:  741
MarketBeat's community ratings are surveys of what our community members think about Plains GP and other stocks. Vote "Outperform" if you believe PAGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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