Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 47.80B | 50.07B | 48.71B | 57.34B | 42.04B | 23.29B |
Gross Profit | 14.24B | 3.49B | 3.13B | 3.20B | 2.80B | 2.20B |
EBITDA | 2.73B | 2.68B | 3.05B | 2.78B | 1.91B | -1.51B |
Net Income | 136.00M | 103.00M | 198.00M | 168.00M | 60.00M | -568.00M |
Balance Sheet | ||||||
Total Assets | 28.30B | 27.76B | 28.60B | 29.21B | 29.98B | 25.95B |
Cash, Cash Equivalents and Short-Term Investments | 460.00M | 349.00M | 453.00M | 404.00M | 452.00M | 25.00M |
Total Debt | 8.80B | 7.93B | 8.03B | 8.82B | 9.64B | 10.61B |
Total Liabilities | 14.18B | 13.44B | 13.63B | 14.57B | 15.80B | 14.76B |
Stockholders Equity | 18.77B | 1.35B | 1.55B | 14.64B | 1.53B | 1.48B |
Cash Flow | ||||||
Free Cash Flow | 2.09B | 1.84B | 2.14B | 1.95B | 1.66B | 772.00M |
Operating Cash Flow | 2.74B | 2.48B | 2.72B | 2.40B | 1.99B | 1.51B |
Investing Cash Flow | -1.55B | -875.00M | -702.00M | -526.00M | 386.00M | -1.09B |
Financing Cash Flow | -1.30B | -1.70B | -1.97B | -1.93B | -1.98B | -430.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $8.67B | 15.32 | 52.91% | 6.95% | 9.02% | 17.28% | |
78 Outperform | $8.66B | 18.99 | 21.65% | 4.93% | 7.09% | 17.53% | |
77 Outperform | $14.67B | 11.84 | 38.42% | 9.38% | 7.11% | -16.14% | |
69 Neutral | $10.70B | 28.31 | 8.48% | 2.95% | 15.28% | -9.99% | |
68 Neutral | $12.27B | 19.26 | 8.34% | 8.46% | -4.31% | -17.80% | |
65 Neutral | $15.28B | 7.48 | 3.19% | 5.33% | 4.10% | -60.58% | |
62 Neutral | $14.24B | 27.28 | 8.16% | 7.91% | -4.31% | -16.62% |
On August 30, 2025, Plains All American Pipeline, a subsidiary of Plains GP Holdings, entered into an agreement to acquire a 55% non-operated interest in EPIC Crude Holdings for approximately $1.57 billion, including $600 million of debt. This acquisition, expected to close in early 2026, aims to enhance Plains’ strategic position in the crude oil midstream sector by expanding its connectivity from the Permian and Eagle Ford basins to the Gulf Coast market. The transaction is anticipated to be immediately accretive to distributable cash flow and offers potential synergies and growth opportunities, strengthening Plains’ market access and customer service offerings.
On August 14, 2025, Plains GP Holdings extended the expiration date of a long-term award for CEO Willie Chiang from October 2025 to October 2030 to incentivize his continued leadership. This decision aims to support strategic initiatives and succession planning. Additionally, special retention grants were approved for executives Jeremy Goebel and Chris Chandler to ensure their continued contributions to the company’s success, with vesting schedules extending to 2030 and 2028, respectively.
On August 8, 2025, Plains GP Holdings reported solid second-quarter results for 2025, with a net income of $210 million and net cash from operating activities of $694 million. The company announced the divestiture of its Canadian NGL business for $3.75 billion USD, expected to close in the first quarter of 2026, which will enhance its financial flexibility and streamline operations. Additionally, Plains acquired an additional 20% interest in BridgeTex Pipeline Company, strengthening its position in the Permian Basin.
On June 17, 2025, Plains All American Pipeline, L.P., a subsidiary of Plains GP Holdings, announced a definitive agreement to sell its Canadian NGL business to Keyera Corp. for approximately C$5.15 billion. The transaction, expected to close in the first quarter of 2026, will allow Plains to retain its NGL assets in the U.S. and all crude oil assets in Canada. This strategic move positions Plains as a premier crude oil midstream entity, enhancing its financial flexibility and free cash flow profile while reducing commodity exposure and working capital requirements. The proceeds will support capital allocation strategies, including potential acquisitions and unit repurchases.