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

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

Plains GP announced a quarterly dividend on Thursday, January 9th. Investors of record on Friday, January 31st will be given a dividend of $0.36 per share on Friday, February 14th. This represents a $1.44 annualized dividend and a yield of 10.45%. The ex-dividend date is Thursday, January 30th. View Plains GP's Dividend History.

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 Thomson Reuters' consensus estimate of $0.56 by $0.30. The pipeline company had revenue of $9.15 billion for the quarter, compared to analysts' expectations of $7.59 billion. Plains GP had a net margin of 0.98% and a return on equity of 2.32%. Plains GP's revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.12 EPS. View Plains GP's Earnings History.

Plains GP is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Plains GP.

6 equities research analysts have issued twelve-month price objectives for Plains GP's stock. Their forecasts range from $19.00 to $28.00. On average, they expect Plains GP's stock price to reach $22.20 in the next year. This suggests a possible upside of 61.1% from the stock's current price. View Analyst Price Targets for Plains GP.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plains GP in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plains GP.

News stories about PAGP stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Plains GP earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave media coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Plains GP.

Some companies that are related to Plains GP include Buckeye Partners (BPL), Shell Midstream Partners (SHLX), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) 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), Exxon Mobil (XOM), AbbVie (ABBV), Tanger Factory Outlet Centers (SKT), Main Street Capital (MAIN), Altria Group (MO) and Plains All American Pipeline (PAA).

Plains GP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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, John T Raymond, Oscar K Brown, Oxy Holding Co (Pipeline), Inc 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 for Plains GP.

PAGP stock was purchased 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, John T Raymond, Oscar K Brown and Willie Cw Chiang. View Insider Buying and Selling 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 $13.78.

Plains GP has a market capitalization of $2.51 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 4,900 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 STREET SUITE 1600, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-646-4100 or via email at [email protected]