PAGP icon

Plains GP Holdings

18.44 USD
-0.49
2.59%
At close Apr 21, 4:00 PM EDT
After hours
18.44
+0.00
0.00%
1 day
-2.59%
5 days
0.82%
1 month
-13.59%
3 months
-15.99%
6 months
0.88%
Year to date
-0.43%
1 year
-1.34%
5 years
152.95%
10 years
-75.81%
 

About: Plains GP Holdings LP provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. The group manages its operations through two operating segments: Crude Oil and NGL.

Employees: 4,200

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

172% more call options, than puts

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

125% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 20

33% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 87

6% more funds holding

Funds holding: 282 [Q3] → 300 (+18) [Q4]

0% more funds holding in top 10

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

3% less capital invested

Capital invested by funds: $2.92B [Q3] → $2.82B (-$101M) [Q4]

2.37% less ownership

Funds ownership: 79.95% [Q3] → 77.59% (-2.37%) [Q4]

Research analyst outlook

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

Low target
$18
2%
downside
Avg. target
$22
17%
upside
High target
$24
30%
upside

3 analyst ratings

positive
33%
neutral
33%
negative
33%
Barclays
Theresa Chen
33% 1-year accuracy
11 / 33 met price target
2%downside
$18
Underweight
Maintained
10 Apr 2025
Morgan Stanley
Robert Kad
59% 1-year accuracy
10 / 17 met price target
25%upside
$23
Equal-Weight
Maintained
25 Mar 2025
Raymond James
Justin Jenkins
14% 1-year accuracy
3 / 21 met price target
30%upside
$24
Strong Buy
Maintained
28 Jan 2025

Financial journalist opinion

Positive
Seeking Alpha
18 hours ago
Plains GP Holdings Is A Buy With Its Massive FCF
Plains GP Holdings offers exposure to Plains All American with a simpler tax structure, boasting a vast network of pipelines and storage facilities. Despite market volatility, PAGP's fee-based midstream operations ensure stable cash flows, with strong FCF and a growing dividend yield of 7.04%. The company's valuation metrics are attractive, with a P/CF of 1.51 and a P/E of 12.18, highlighting its massive FCF generation.
Plains GP Holdings Is A Buy With Its Massive FCF
Positive
Zacks Investment Research
1 month ago
Is Plains Group (PAGP) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Plains Group (PAGP) Stock Undervalued Right Now?
Negative
Seeking Alpha
1 month ago
Don't Settle: Augment VYM With Bigger And Faster-Growing Dividends
The Vanguard High Dividend Yield Index Fund ETF Shares' yield is lackluster, and its dividend growth is slowing—here's how to boost your yield and dividend growth. These alternatives deliver higher yields, rapid dividend growth, and stronger long-term returns. Unlock inflation-beating income and long-term outperformance by supplementing VYM with these high-growth dividend plays.
Don't Settle: Augment VYM With Bigger And Faster-Growing Dividends
Positive
Seeking Alpha
1 month ago
Miller-Howard Infrastructure Q4 2024 Commentary
Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas pipelines benefited from data center and AI trends. Over 80% of portfolio holdings increased dividends annually over the past 5 years, surpassing the large-cap dividend-paying universe.
Miller-Howard Infrastructure Q4 2024 Commentary
Neutral
CNBC Television
1 month ago
Trade Tracker: Jenny Harrington sells ONEOK, buys Plains GP and Enbridge
Jenny Harrington, Gilman Hill Asset Management CEO, joins CNBC's "Halftime Report" to detail her energy strategy.
Trade Tracker: Jenny Harrington sells ONEOK, buys Plains GP and Enbridge
Positive
Seeking Alpha
2 months ago
Undercovered Dozen: Celanese, NovaGold Resources, Granite Ridge, Plains GP +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and fostering discussion among investors. Standout stocks include Byrna Technologies, Granite Ridge Resources, and Centrus Energy, each with unique growth potential and strategic advantages. Applied Materials and Dun & Bradstreet present attractive long-term opportunities, despite recent market reactions and takeover rumors.
Undercovered Dozen: Celanese, NovaGold Resources, Granite Ridge, Plains GP +
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy Plains Group (PAGP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Plains Group (PAGP) Stock?
Positive
Seeking Alpha
2 months ago
Plains GP Holdings: Income Stock With Significant Price Appreciation Potential
Plains GP Holdings has diversified midstream operations, primarily in crude oil, with 90% of revenue from investment-grade companies and 75% from fees. The company maintains financial stability with low leverage, strategic acquisitions, and a disciplined capital allocation policy focused on increasing dividends and growth capex. Risks include potential oil spills and financial pressure from extensive acquisitions, but management's prudent approach mitigates these concerns.
Plains GP Holdings: Income Stock With Significant Price Appreciation Potential
Negative
Seeking Alpha
2 months ago
Billionaire Investor Says 'Sell MLPs': Our Approach
My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our view on the sector right now.
Billionaire Investor Says 'Sell MLPs': Our Approach
Neutral
Seeking Alpha
2 months ago
Plains GP Holdings, L.P. Class A Shares (PAGP) Q4 2024 Earnings Call Transcript
Plains GP Holdings, L.P. Class A Shares (NASDAQ:PAGP ) Q4 2024 Earnings Conference Call February 7, 2025 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman & Chief Executive Officer Al Swanson - Executive Vice President & Chief Financial Officer Jeremy Goebel - Executive Vice President & Chief Commercial Officer Chris Chandler - Executive Vice President & Chief Operating Officer Conference Call Participants Keith Stanley - Wolfe Research Manav Gupta - UBS Michael Blum - Wells Fargo Jeremy Tonet - JPMorgan Securities LLC Brandon Bingham - Scotiabank Spiro Dounis - Citi Sunil Sibal - Seaport Global Jean Ann Salisbury - Bank of America AJ O'Donnell - TPH Neal Dingmann - Truist Securities John Mackay - Goldman Sachs & Company Theresa Chen - Barclays Operator Good day and thank you for standing by.
Plains GP Holdings, L.P. Class A Shares (PAGP) Q4 2024 Earnings Call Transcript
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