Plains GP Holdings (PAGP)

• Market cap: $4.28B
• 1 day: -0.73%
• 5 days: 3.24%
• 1 month: -1.23%
• 3 months: 12.98%
• 6 months: 15.32%
• Year to date: 17.06%
• 1 year: 26.27%
• 5 years: 33.33%
• 10 years: -70.71%
• Sector: Energy
• Industry: Pipe Lines, Except Natural Gas

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 Q4 regulatory filings by fund managers ($100M+ AUM)

172% more call options, than puts

Call options by funds: $112M | Put options by funds: $41.1M

110% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 20

25% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 88

4% more funds holding

Funds holding: 281 [Q3] → 293 (+12) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 9 [Q3] → 9 (+0) [Q4]

4% less capital invested

Capital invested by funds: $2.93B [Q3] → $2.81B (-$112M) [Q4]

2.65% less ownership

Funds ownership: 80.17% [Q3] → 77.52% (-2.65%) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 12% downside
• Avg. target: $21 3% downside
• High target: $24 11% upside

3 analyst ratings

• positive: 1 33%
• neutral: 1 33%
• negative: 1 33%

Raymond James Justin Jenkins 42% 1-year accuracy 8 / 19 met price target	11% upside $24	Strong Buy Maintained	28 Jan 2025
Barclays Theresa Chen 46% 1-year accuracy 12 / 26 met price target	12% downside $19	Underweight Maintained	16 Jan 2025
Wells Fargo Michael Blum 75% 1-year accuracy 27 / 36 met price target	8% downside $20	Equal-Weight Downgraded	18 Dec 2024