Plains GP (PAGP) Stock Price, News & Analysis

Company Overview

Plains GP Holdings, L.P. is a publicly traded holding company that owns interests in Plains All American Pipeline, L.P. Its business exposure is primarily derived from Plains All American, which operates energy infrastructure used to transport, store, gather and handle crude oil and natural gas liquids.

Through its ownership interests in Plains All American and its general partner structure, Plains GP Holdings provides investors with an indirect interest in the operations of one of North America’s major midstream energy companies. Plains All American’s assets include pipelines, storage facilities, gathering systems, terminals and related logistics infrastructure.

Plains All American serves producers, refiners, marketers and other customers across key energy-producing and consumption regions in the United States and Canada. Plains GP Holdings was established in 2013 as part of the reorganization of Plains All American’s ownership structure. The company is managed in conjunction with Plains All American and does not operate a separate, broad portfolio of businesses outside its interests in the partnership.

Key Stats

• Today's Range: $26.82 to $27.34
• 50-Day Range: $24.74 to $28.47
• 52-Week Range: $16.82 to $28.70
• Volume: 2.58 million shs
• Average Volume: 1.78 million shs
• Market Capitalization: $5.38 billion
• P/E Ratio: 51.27
• Dividend Yield: 6.15%
• Price Target: $25.33
• Consensus Rating: Moderate Buy

Plains GP Stock Analysis - MarketRank™

Plains GP scored higher than 54% of companies evaluated by MarketBeat, and ranked 141st out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Plains GP has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 strong buy ratings, 5 buy ratings, 5 hold ratings, and 2 sell ratings.

Downside Risk

Plains GP has a consensus price target of $25.33, representing about 6.8% downside from its current price of $27.17.

Amount of Analyst Coverage

Plains GP has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 11.98%

Earnings Growth

Earnings for Plains GP are expected to grow by 11.98% in the coming year, from $1.67 to $1.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Plains GP is 51.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plains GP is 51.27, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.53.

Price to Book Value per Share Ratio

Plains GP has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PAGP.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Plains GP is a leading dividend payer. It pays a dividend yield of 6.29%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Plains GP does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Plains GP is 59.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Plains GP will have a dividend payout ratio of 89.30% in the coming year. This indicates that Plains GP may not be able to sustain their current dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.81

News Sentiment

Plains GP has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Plains GP this week, compared to 1 article on an average week.

Search Interest

Only 6 people have searched for PAGP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

5 people have added Plains GP to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Plains GP insiders have not sold or bought any company stock.

Percentage Held by Insiders

6.88% of the stock of Plains GP is held by insiders.

Percentage Held by Institutions

88.30% of the stock of Plains GP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 11/08/2024
• Record date for 8/14 Dividend: 7/31/2026
• Ex-Dividend for 8/14 Dividend: 7/31/2026
• Dividend Payable: 8/14/2026
• Today: 10/15/2026
• Record date for 11/13 Dividend: 10/30/2026
• Ex-Dividend for 11/13 Dividend: 10/30/2026
• Dividend Payable: 11/13/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:PAGP
• CIK: 1581990
• Web: www.plains.com
• Phone: (713) 646-4100
• Fax: 713-646-4572
• Employees: 3,900
• Year Founded: 1998

Price Target and Rating

• Average Price Target for Plains GP: $25.33
• High Price Target: $30.00
• Low Price Target: $19.00
• Potential Upside/Downside: -6.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.79
• Trailing P/E Ratio: 51.27
• Forward P/E Ratio: 16.27
• P/E Growth: N/A
• Net Income: $103 million
• Net Margins: 0.21%
• Pretax Margin: 3.07%
• Return on Equity: 0.70%
• Return on Assets: 0.36%

Debt

• Debt-to-Equity Ratio: 0.49
• Current Ratio: 1.01
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $52.31 billion
• Price / Sales: 0.10
• Cash Flow: $7.92 per share
• Price / Cash Flow: 3.43
• Book Value: $76.23 per share
• Price / Book: 0.36

Miscellaneous

• Outstanding Shares: 197,904,000
• Free Float: 177,996,000
• Market Cap: $5.38 billion
• Optionable: Optionable
• Beta: 0.54