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Plains GP Holdings (PAGP)
NASDAQ:PAGP
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.34Last Year’s EPS
0.2Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: 1.86%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with strong performance in terms of EBITDA growth and strategic acquisitions. However, significant market volatility and weather impacts posed challenges. Despite uncertainties, the company remains optimistic about its growth initiatives and financial strategy.Company Guidance
During the Plains All American and Plains GP Holdings First Quarter 2025 Earnings Call, the company reported an adjusted EBITDA of $754 million, highlighting resilience amidst market volatility driven by trade tariffs and OPEC dynamics. They expect 2025 EBITDA and Permian growth to be in the lower half of their ranges, assuming a $60-$65 WTI environment. Their NGL segment is largely hedged at 80% for 2025, insulating it from lower commodity prices. Plains continues to execute its efficient growth strategy, generating significant free cash flow and maintaining a flexible balance sheet with a low leverage ratio. They completed a 30,000 barrel a day fractionation project at Fort Sask and made strategic bolt-on acquisitions, including the Cheyenne pipeline and Black Knight Midstream, totaling approximately $55 million, enhancing their asset base and supporting long-term customer commitments. The company remains focused on capital discipline, with a strong balance sheet offering the capacity for further bolt-on acquisitions, supporting a robust cash flow outlook with an expected $1.1 billion adjusted free cash flow for the year.Solid First Quarter Performance
Reported a solid first quarter performance with adjusted EBITDA attributable to Plains up $754 million.
Strategic Acquisitions
Acquired the remaining 50% equity in the Cheyenne pipeline and Black Knight Midstream for approximately $55 million, enhancing asset base and growth strategy.
NGL Segment Expansion
Transitioned to more fee-based earnings with the completion of a 30,000 barrel a day fractionation bottleneck project at Fort Sask, supported by long-term customer commitments.
Strong Cash Flow Generation
Expected to generate strong cash flow for the year with adjusted free cash flow of about $1.1 billion.
Efficient Growth Initiatives
Continued execution of efficient growth strategy, maintaining a flexible balance sheet and returning capital to unitholders.
PAGP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PAGP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 09, 2025 | $18.24 | $17.74 | -2.74% |
Feb 07, 2025 | $21.12 | $20.73 | -1.85% |
Nov 08, 2024 | $18.50 | $17.96 | -2.92% |
Aug 02, 2024 | $18.33 | $17.76 | -3.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Plains GP Holdings (PAGP) report earnings?
Plains GP Holdings (PAGP) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is Plains GP Holdings (PAGP) earnings time?
Plains GP Holdings (PAGP) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PAGP EPS forecast?
PAGP EPS forecast for the fiscal quarter 2025 (Q2) is 0.34.