Plains GP Holdings LP (PAGP)
NASDAQ:PAGP
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PAGP Stock Chart & Stats
$22.69
$0.99(5.27%)
At close: 4:00 PM EST
$22.69
$0.99(5.27%)
Day’s Range― - ―
52-Week Range$16.69 - $26.15
Previous CloseN/A
Volume1.44M
Average Volume (3M)1.83M
Market Cap
$18.76B
Enterprise Value$16.22B
Total Cash (Recent Filing)$172.00M
Total Debt (Recent Filing)$11.58B
Price to Earnings (P/E)25.0
Beta0.35
Next Earnings
Jul 31, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend Yield8.03%
Share Statistics
EPS (TTM)0.98
Shares Outstanding197,904,130
10 Day Avg. Volume1,365,552
30 Day Avg. Volume1,832,096
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)2.82
Price to Sales (P/S)0.09
P/FCF Ratio1.66
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue0.36
Enterprise Value/Gross Profit6.49
Enterprise Value/Ebitda6.18
Forecast
1Y Price Target
$23.88Price Target Upside5.22% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)1.64
Revenue Forecast (FY)$55.00B
Bulls Say, Bears Say
Bulls Say
Consistent Cash GenerationPlains exhibits durable cash-generation capacity: TTM operating cash flow of roughly $2.7B and free cash flow near $2.2B (FCF ~0.83x net income). This supports distributions, debt service and disciplined reinvestment, reducing reliance on external financing across varying commodity cycles.
NGL Divestiture Enables DeleveragingThe completed sale of Canadian NGL assets generated ~ $3.3B net proceeds used to repay commercial paper, a $1.1B term loan and a 2026 note, materially lowering gross indebtedness. This structural move pivots Plains to a pure-play crude midstream with a stronger balance sheet and more predictable cash flows.
Operational Momentum & Raised GuidanceManagement increased full-year 2026 adjusted EBITDA guidance and reported strong Q1 execution; Cactus III synergies, tariff escalators and optimization captured in results. These operational improvements and synergy realization bolster multi-year fee-based earnings stability and cash flow resiliency.
Bears Say
Thin ProfitabilityPlains' margins are modest (TTM gross ~4.6%, net ~1.6%), reflecting the fee-based and commodity-linked nature of parts of its business. Thin margins reduce the cushion against volume or tariff softness, increasing sensitivity of distributable cash flow to operational or market swings.
Inconsistent Leverage HistoryAlthough TTM leverage metrics have improved, the company’s historical debt-to-equity ranged materially higher (≈5–9), reflecting balance-sheet variability. Such inconsistency can amplify earnings volatility, constrain flexibility in downturns, and complicate capital allocation until leverage sits sustainably within target ranges.
Regulatory Uncertainty On Keyera DealA legal challenge to the Keyera transaction creates execution and timing risk for the divestiture and related transition arrangements. Regulatory overhang can delay realization of proceeds, complicate integration or transition services, and impose costs or conditional remedies that affect projected deleveraging and strategy execution.
Plains GP Holdings News
PAGP FAQ
What was Plains GP Holdings LP’s price range in the past 12 months?
Plains GP Holdings LP lowest stock price was $16.68 and its highest was $26.15 in the past 12 months.
What is Plains GP Holdings LP’s market cap?
Plains GP Holdings LP’s market cap is $18.76B.
When is Plains GP Holdings LP’s upcoming earnings report date?
Plains GP Holdings LP’s upcoming earnings report date is Jul 31, 2026 which is in 50 days.
How were Plains GP Holdings LP’s earnings last quarter?
Plains GP Holdings LP released its earnings results on May 01, 2026. The company reported $0.1 earnings per share for the quarter, missing the consensus estimate of $0.456 by -$0.356.
Is Plains GP Holdings LP overvalued?
According to Wall Street analysts Plains GP Holdings LP’s price is currently Undervalued.
Does Plains GP Holdings LP pay dividends?
Plains GP Holdings LP pays a Quarterly dividend of $0.417 which represents an annual dividend yield of 8.03%. See more information on Plains GP Holdings LP dividends here
What is Plains GP Holdings LP’s EPS estimate?
Plains GP Holdings LP’s EPS estimate is 0.47.
How many shares outstanding does Plains GP Holdings LP have?
Plains GP Holdings LP has 197,904,130 shares outstanding.
What happened to Plains GP Holdings LP’s price movement after its last earnings report?
Plains GP Holdings LP reported an EPS of $0.1 in its last earnings report, missing expectations of $0.456. Following the earnings report the stock price went down -0.882%.
Which hedge fund is a major shareholder of Plains GP Holdings LP?
Currently, no hedge funds are holding shares in PAGP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Plains GP Holdings Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$23.88 (5.22% Upside)
$23.88 (5.22% Upside)
Blogger Sentiment
Bullish
PAGP Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 162.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.32%
12-Months-Change
Fundamentals
Return on Equity
14.67%
Trailing 12-Months
Asset Growth
15.96%
Trailing 12-Months
Company Description
Plains GP Holdings LP
Plains GP Holdings, L.P., operating primarily through its subsidiary Plains All American Pipeline, L.P., manages and owns vital midstream energy infrastructure across both the United States and Canada. The company's operations are distinctly categorized into two main segments: Crude Oil and Natural Gas Liquids (NGLs). Its activities include the transportation of crude oil and NGLs via an extensive network of pipelines, gathering systems, and a fleet of trucks. As of December 31, 2021, this transportation infrastructure comprised 18,300 miles of crude oil and NGL pipelines and gathering systems, along with 38 million barrels of above-ground tank capacity and 1,275 trailers. Beyond transportation, Plains GP Holdings provides an array of storage, terminalling, and throughput services, predominantly for crude oil, NGLs, and natural gas. Additionally, it offers NGL fractionation and isomerization services, as well as natural gas and condensate processing. The company's robust assets in this area, recorded on December 31, 2021, included approximately 74 million barrels of crude oil storage, 28 million barrels of NGL storage, four natural gas processing facilities, one condensate processing facility, nine fractionation plants, 16 NGL rail terminals, four marine facilities, and 110 miles of associated pipelines. Furthermore, as of the same date, the company held 15 million barrels of crude oil and 2 million barrels of NGL as linefill. It also reported 3 million barrels of crude oil and 1 million barrels of NGL linefill in third-party pipelines and other inventory. Supporting its logistical prowess, the firm utilized 640 trucks, 1,275 trailers, and 3,900 NGL railcars. Plains GP Holdings delivers comprehensive logistics solutions to producers, refiners, and various other clients. PAA GP Holdings LLC functions as the company's general partner. Established in 2013, the company's headquarters are located in Houston, Texas.
PAGP Stock 12 Month Forecast
Average Price Target
$23.88
▲(5.22% Upside)
Technical Analysis
Plains All American
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Western Midstream Partners
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Antero Midstream
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Hess Midstream Partners
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DT Midstream
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Ownership Overview
1.32% Insiders
29.47% Mutual Funds
43.29% Other Institutional Investors
15.62% Public Companies and
Individual Investors