Plains GP HoldingsPAGP
PAGP
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
249% more call options, than puts
Call options by funds: $99.4M | Put options by funds: $28.5M
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
3% more funds holding
Funds holding: 272 [Q2] → 280 (+8) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 9 (+0) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 104
3.96% less ownership
Funds ownership: 83.92% [Q2] → 79.96% (-3.96%) [Q3]
6% less capital invested
Capital invested by funds: $3.12B [Q2] → $2.92B (-$197M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
4%
upside
Avg. target
$19.50
7%
upside
High target
$20
10%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Wells Fargo Michael Blum 75% 1-year accuracy 24 / 32 met price target | 10%upside $20 | Equal-Weight Downgraded | 18 Dec 2024 |
Morgan Stanley Robert Kad 64% 1-year accuracy 9 / 14 met price target | 4%upside $19 | Equal-Weight Downgraded | 25 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are among the most rewarding investments. I share two high-yield, high-growth stocks that Mr. Market appears to be overlooking right now.
Positive
Seeking Alpha
1 month ago
The Higher They Soar, The More I Buy
My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of the moment in the sector.
Neutral
MarketBeat
1 month ago
3 Stocks Generating a Ridiculous Amount of Cash
The ultimate goal of a business is to generate cash for its shareholders. Investors often consider net income the “bottom line” of a business, indicating how much profit it makes.
Neutral
Seeking Alpha
1 month ago
Plains GP Holdings, L.P. Class A Shares (PAGP) Q3 2024 Earnings Call Transcript
Plains GP Holdings, L.P. Class A Shares (NASDAQ:PAGP ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman and Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Jeremy Goebel - Executive Vice President and Chief Commercial Officer Chris Chandler - Executive Vice President and Chief Operating Officer Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Jeremy Tonet - JPMorgan Securities Neel Mitra - Bank of America AJ O'Donnell - TPH Manav Gupta - UBS John Mackay - Goldman Sachs Neal Dingmann - Truist Securities Operator Hello, and welcome to PAA and PAGP Third Quarter 2024 Earnings Call.
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.
Positive
Seeking Alpha
2 months ago
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK.
Positive
Seeking Alpha
2 months ago
The More It Underperforms, The More I Buy
There is a leading blue-chip that has been a serial underperformer over the past half decade. However, it has a very strong balance sheet, a sky-high yield that is well covered, and it continues to grow its payout year after year. I discuss this opportunity and share why the more it underperforms, the more I buy it.
Positive
Seeking Alpha
3 months ago
Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late
My ideal stock has four specific qualities. There is one sector where these qualities still exist in abundance. I share some of the most attractive opportunities in the space and why this opportunity may not last much longer.
Positive
Zacks Investment Research
4 months ago
Plains GP Holdings (PAGP) Is Up 1.96% in One Week: What You Should Know
Does Plains GP Holdings (PAGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
4 months ago
Why Fast-paced Mover Plains GP (PAGP) Is a Great Choice for Value Investors
Plains GP (PAGP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
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