Plains GP HoldingsPAGP
Market Cap: $3.68B
About: Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.
Employees: 4,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
618% more call options, than puts
Call options by funds: $97.1M | Put options by funds: $13.5M
18.39% more ownership
Funds ownership: 62.75% [Q1] → 81.14% (+18.39%) [Q2]
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
13% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 9 (+1) [Q2]
2% more funds holding
Funds holding: 268 [Q1] → 273 (+5) [Q2]
1% less capital invested
Capital invested by funds: $3.05B [Q1] → $3.01B (-$32.8M) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 98
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Morgan Stanley Robert Kad 89% 1-year accuracy 8 / 9 met price target | 7%upside $20 | Overweight Maintained | 10 Jun 2024 |