YOLFTbeta
Plains GP Holdings LP

Plains GP Holdings LP

PAGP · NASDAQ · Energy / Oil & Gas Midstream

26.37USD+0.22 (+0.84%)

Price History

Full chart

Market Stats

Previous Close26.15
Open26.35
Day Range26.14 – 26.42
52-Week Range15.48 – 28.70
Volume1.80M
Market Cap6.19B
P/E (TTM)75.94
Forward P/E12.06
EPS0.35
Dividend Yield6.14%
Beta0.45
50-Day Avg26.74
200-Day Avg23.62

About

Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and other related services. In addition, the company is involved in the natural gas processing and NGL fractionation, storage, transportation, and terminalling activities. 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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Wilfred C.W. Chiang
  • Employees0
  • Headquarters333 Clay Street, Houston, TX, United States, 77002, USA
  • Websitehttps://www.plains.com

Leadership

  • Mr. Wilfred C.W. ChiangChairman, President & CEO of PAA GP Holdings LLC · b. 1961
  • Mr. Al P. SwansonExecutive VP & CFO of PAA GP Holdings LLC · b. 1964
  • Mr. Chris R. ChandlerExecutive VP & COO of PAA GP Holdings LLC · b. 1973
  • Mr. Richard Kelly McGeeExecutive VP, General Counsel & Secretary of PAA GP Holdings LLC · b. 1961
  • Mr. Gregory L. ArmstrongDirector & Senior Advisor to the CEO of PAA GP Holdings LLC · b. 1958
  • Mr. Harry N. PefanisSenior Advisor to CEO & Director of PAA GP Holdings LLC · b. 1957
  • Mr. Jeremy L. GoebelExecutive VP & Chief Commercial Officer of PAA GP Holdings LLC · b. 1978
  • Mr. Russ MontgomeryVP of Accounting & Chief Accounting Officer of Plains All American GP LLC · b. 1976
  • Mr. Blake Michael FernandezVice President of Investor Relations of PAA GP Holdings LLC
  • Mr. Jim TillisVice President of Human Resources of PAA GP Holdings LLC · b. 1968

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue25.89B34.27B37.80B42.25B43.46B23.15B20.18B26.22B34.05B33.67B23.29B42.08B57.34B48.71B50.07B44.26B
Growth (%)-+32.37%+10.28%+11.78%+2.88%-46.73%-12.83%+29.93%+29.87%-1.13%-30.83%+80.67%+36.28%-15.05%+2.79%-11.61%
Cost of Revenue24.18B31.81B34.85B38.84B39.89B20.16B17.73B23.61B30.31B30.06B21.09B39.28B54.14B45.58B46.59B41.59B
Gross Profit1.72B2.46B2.95B3.41B3.57B2.99B2.45B2.61B3.74B3.61B2.20B2.80B3.20B3.13B3.49B2.67B
Gross Margin6.62%7.18%7.79%8.06%8.21%12.93%12.16%9.95%10.99%10.73%9.46%6.65%5.58%6.43%6.96%6.04%
Operating Expense949.00M1.16B1.52B1.68B1.79B1.74B1.46B1.46B1.47B1.63B4.59B1.96B1.91B1.63B2.31B1.25B
Operating Income766.00M1.30B1.42B1.72B1.78B1.26B990.00M1.15B2.27B1.98B-2.38B842.00M1.28B1.50B1.17B1.43B
Operating Margin2.96%3.78%3.77%4.08%4.10%5.43%4.91%4.37%6.67%5.88%-10.23%2.00%2.24%3.08%2.34%3.23%
EBITDA1.01B1.54B1.90B2.17B2.28B1.86B1.67B1.90B3.36B3.27B-1.51B1.91B2.78B3.05B2.68B2.81B
EBITDA Margin3.91%4.50%5.02%5.13%5.25%8.02%8.26%7.26%9.85%9.70%-6.50%4.55%4.85%6.26%5.36%6.36%
Net Income2.00M2.00M40.00M15.00M70.00M118.00M94.00M-731.00M334.00M331.00M-568.00M60.00M168.00M198.00M103.00M260.00M
Net Income Margin0.01%0.01%0.11%0.04%0.16%0.51%0.47%-2.79%0.98%0.98%-2.44%0.14%0.29%0.41%0.21%0.59%
R&D---000000-------
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense258.00M259.00M295.00M319.00M357.00M443.00M480.00M510.00M431.00M425.00M436.00M425.00M405.00M386.00M382.00M467.00M
Interest Expense % of Total Revenue1.00%0.76%0.78%0.76%0.82%1.91%2.38%1.94%1.27%1.26%1.87%1.01%0.71%0.79%0.76%1.06%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-15.41B19.26B21.45B23.98B24.14B26.10B26.75B25.51B28.68B24.50B28.61B29.21B28.60B27.76B31.28B
Total Liabilities-9.62B12.29B13.17B14.60B14.91B15.40B14.39B13.51B15.48B14.76B15.80B14.57B13.63B13.44B17.06B
Total Equity-5.79B6.97B8.28B9.38B9.23B10.71B12.36B12.00B13.20B9.74B12.81B14.64B14.97B1.35B1.34B
Cash-27.00M25.00M43.00M404.00M30.00M50.00M40.00M69.00M47.00M25.00M452.00M404.00M453.00M349.00M329.00M
Total Debt-5.41B7.61B8.34B10.59B11.93B11.84B9.92B9.21B9.69B10.21B9.22B8.75B8.03B7.93B11.49B
Net Debt-5.38B7.58B8.30B10.18B11.90B10.07B9.14B9.07B9.53B9.67B8.29B8.35B7.57B7.58B11.16B

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow248.00M2.36B1.23B1.95B1.99B1.33B711.00M2.50B2.60B2.50B1.51B1.99B2.40B2.72B2.48B2.93B
Investing Cash Flow-851.00M-2.02B-3.39B-1.65B-3.30B-2.53B-1.27B-1.57B-813.00M-1.76B-1.09B386.00M-526.00M-702.00M-875.00M-3.36B
Financing Cash Flow613.00M-337.00M2.16B-274.00M1.67B827.00M571.00M-940.00M-1.75B-717.00M-430.00M-1.98B-1.93B-1.97B-1.70B399.00M
Capital Expenditure451.00M635.00M1.20B1.61B1.93B2.08B1.33B1.02B1.63B1.18B738.00M336.00M455.00M582.00M640.00M643.00M
Free Cash Flow-203.00M1.72B28.00M335.00M56.00M-746.00M-623.00M1.47B970.00M1.32B772.00M1.66B1.95B2.14B1.84B2.29B
Dividends Paid2.00M2.00M3.00M2.83B91.00M195.00M234.00M271.00M189.00M231.00M166.00M140.00M162.00M209.00M251.00M301.00M
FCF to OCF-81.85%73.06%2.27%17.20%2.82%-55.96%-87.62%58.97%37.25%52.76%51.13%83.12%81.07%78.62%74.24%78.06%
Dividend Paid to FCF-0.99%0.12%10.71%845.07%162.50%-26.14%-37.56%18.41%19.48%17.51%21.50%8.46%8.31%9.77%13.61%13.16%

Earnings

Report DateNov 27, 2013Feb 5, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Feb 4, 2015May 5, 2015Aug 4, 2015Nov 3, 2015Feb 8, 2016May 4, 2016Aug 2, 2016Nov 2, 2016Feb 7, 2017May 8, 2017Aug 7, 2017Nov 6, 2017Feb 6, 2018May 8, 2018Aug 7, 2018Nov 6, 2018Feb 5, 2019May 7, 2019Aug 6, 2019Nov 5, 2019Feb 4, 2020May 5, 2020Aug 4, 2020Nov 2, 2020Feb 9, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 9, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 8, 2023May 5, 2023Aug 4, 2023Nov 3, 2023Feb 9, 2024May 3, 2024Aug 2, 2024Nov 8, 2024Feb 7, 2025May 9, 2025Aug 8, 2025Nov 5, 2025Feb 6, 2026May 8, 2026Aug 7, 2026Nov 4, 2026
EPS Estimate-0.340.290.300.220.340.340.360.420.460.440.420.480.640.330.140.250.360.310.280.280.460.390.090.310.490.260.180.300.290.230.230.240.190.120.340.370.420.270.250.320.460.390.400.370.480.480.520.420.460.620.431.12
EPS Actual0.020.270.290.290.320.350.370.370.370.290.370.400.24-0.080.340.160.030.150.230.050.701.120.920.400.410.260.550.250.090.120.250.230.220.25-0.310.300.330.330.350.250.350.420.410.310.370.460.230.410.310.360.24-0.37-
Surprise--20.59%0.00%-3.33%45.45%2.94%8.82%2.78%-11.90%-36.96%-15.91%-4.76%-50.00%-112.50%3.03%14.29%-88.00%-58.33%-25.81%-82.14%150.00%143.48%135.90%344.44%32.26%-46.94%111.54%38.89%-70.00%-58.62%8.70%0.00%-8.33%31.58%-358.33%-11.76%-10.81%-21.43%29.63%0.00%9.38%-8.70%5.13%-22.50%0.00%-4.17%-52.08%-21.15%-26.19%-21.74%-61.29%-186.05%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap6.19B
Enterprise Value12.86B
Trailing P/E75.94
Forward P/E12.06
PEG Ratio0.70
Price / Sales0.12
Price / Book3.34
EPS0.35
Book Value7.98
Revenue (TTM)52.30B
Gross Profit (TTM)2.90B
EBITDA2.57B
Profit Margin1.06%
Operating Margin2.77%
Return on Equity8.31%
Return on Assets3.42%
Shares Outstanding197.90M
Shares Float192.12M
Beta0.45
Dividend Yield6.14%
Dividend Rate1.63
Payout Ratio3.02%

Analyst Ratings

Buy
Based on 13 analystsTarget 26.08
  • Strong Buy
    6
  • Hold
    5
  • Sell
    2

Ownership Breakdown

Institutions
85.26%
Insiders
2.77%
Retail / Other
11.97%

Top Institutional Holders

  • Tortoise Midstream Energy Fund, Inc.
    11.12M5.62%
  • Massachusetts Financial Services Company
    9.07M4.58%
  • Energy Income Partners, LLC
    9.05M4.57%
  • Chickasaw Capital Management, LLC
    8.63M4.36%
  • Two Sigma Investments LLC
    7.20M3.64%
  • The Goldman Sachs Group Inc
    7.08M3.58%
  • ClearBridge Advisors, LLC
    6.95M3.51%
  • Artemis Investment Management LLP
    5.28M2.67%
  • Amvescap Plc.
    4.39M2.22%
  • Barrow Hanley Mewhinney & Strauss LLC
    4.21M2.13%
  • Morgan Stanley - Brokerage Accounts
    4.07M2.05%
  • Swank Energy Income Advisors, LP
    3.79M1.92%
  • UBS Group AG
    3.75M1.90%
  • Bank of America Corp
    3.75M1.90%
  • Advisors Capital Management, LLC
    2.94M1.49%

Top Fund Holders

  • Tortoise Energy Infrastructure TR Ins
    7.63M3.85%
  • First Trust North Amer Engy InfrasETF
    6.68M3.38%
  • MFS Mid Cap Value A
    5.25M2.65%
  • MainGate MLP I
    4.22M2.13%
  • Artemis Global Income I Acc
    4.16M2.10%

Dividends

20264×
0.42Oct 30, 20260.42Jul 31, 20260.42May 1, 20260.42Jan 30, 2026
20254×
0.38Oct 31, 20250.38Jul 31, 20250.38May 1, 20250.38Jan 31, 2025
20244×
0.32Oct 31, 20240.32Jul 31, 20240.32Apr 30, 20240.32Jan 30, 2024
20234×
0.27Oct 30, 20230.27Jul 28, 20230.27Apr 28, 20230.27Jan 30, 2023
20224×
0.22Oct 28, 20220.22Jul 28, 20220.22Apr 28, 20220.18Jan 28, 2022
20214×
0.18Oct 28, 20210.18Jul 29, 20210.18Apr 29, 20210.18Jan 28, 2021

Stock Splits

  • Nov 16, 20161000:2663