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Plains GP Holdings LP

NAS: PAGP

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After Hours

 --Quotes are delayed by 20 min

Sep 21, 2023, 7:36 p.m.

/zigman2/quotes/204251320/composite

$

16.45

Change

+0.11 +0.70%

Volume

Volume 211,396

Quotes are delayed by 20 min

/zigman2/quotes/204251320/composite

Previous close

$ 16.32

$ 16.34

Change

+0.02 +0.09%

Day low

Day high

$16.26

$16.46

Open

52 week low

52 week high

$10.45

$16.46

Open

Company Description

Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation,...

Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation, Facilities and Supply and Logistics. The Transportation segment consists of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The Facilities segment consists of fee-based activities associated with providing storage, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment consists of storage of inventory during contango market conditions and the seasonal storage of NGL, purchase of NGL from producers, refiners, processors and other marketers, extraction of NGL from gas processed at the facilities. The company was founded in July 2013 and is headquartered in Houston, TX.

Valuation

P/E Current

18.55

P/E Ratio (with extraordinary items)

13.50

P/E Ratio (without extraordinary items)

14.36

Price to Sales Ratio

0.04

Price to Book Ratio

1.59

Price to Cash Flow Ratio

1.00

Enterprise Value to EBITDA

5.07

Enterprise Value to Sales

0.23

Total Debt to Enterprise Value

0.37

Efficiency

Revenue/Employee

13,942,195.00

Income Per Employee

40,976.00

Receivables Turnover

13.28

Total Asset Turnover

1.93

Liquidity

Current Ratio

0.91

Quick Ratio

0.79

Cash Ratio

0.07

Profitability

Gross Margin

2.88

Operating Margin

2.30

Pretax Margin

2.46

Net Margin

0.29

Return on Assets

0.57

Return on Equity

10.99

Return on Total Capital

5.56

Return on Invested Capital

1.73

Capital Structure

Total Debt to Total Equity

579.07

Total Debt to Total Capital

85.27

Total Debt to Total Assets

30.22

Long-Term Debt to Equity

498.36

Long-Term Debt to Total Capital

73.39

Officers and Executives

Name Age Officer Since Title
Mr. Willie C. W. Chiang 61 - Chief Executive Officer & Director
Mr. Harry N. Pefanis 63 2013 President & Director
Mr. Chris R. Chandler 48 2019 Chief Operating Officer & Executive VP
Mr. Alan P. Swanson 55 2013 Chief Financial Officer & Executive Vice President
Mr. Jeremy L. Goebel 42 - Executive Vice President-Commercial

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
08/14/2023 John T. Raymond
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 John T. Raymond
Director
4,170   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Kevin S. McCarthy
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Lawrence Michael Ziemba
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Lawrence Michael Ziemba
Director
6,480   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Christopher M. Temple
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Christopher M. Temple
Director
5,220   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Alexandra Garbers Pruner
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Alexandra Garbers Pruner
Director
5,220   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Victor Burk
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Victor Burk
Director
5,220   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Bobby S. Shackouls
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Bobby S. Shackouls
Director
5,220   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Gary R. Petersen
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Gary R. Petersen
Director
5,220   Derivative/Non-derivative trans. at $0 per share. 0
08/14/2023 Ellen R. DeSanctis
Director
11,400   Derivative/Non-derivative trans. at $0 per share. 0
05/08/2023 Willie C. W. Chiang
Chairman & CEO; Director
75,000   Acquisition at $13.25 per share. 993,750
08/19/2022 Ellen R. DeSanctis
Director
10,000   Acquisition at $11.98 per share. 119,800
08/12/2022 John T. Raymond
Director
3,903   Derivative/Non-derivative trans. at $0 per share. 0
08/12/2022 Lawrence Michael Ziemba
Director
6,480   Derivative/Non-derivative trans. at $0 per share. 0
08/12/2022 Christopher M. Temple
Director
4,879   Derivative/Non-derivative trans. at $0 per share. 0
08/12/2022 Alexandra Garbers Pruner
Director
5,816   Derivative/Non-derivative trans. at $0 per share. 0
08/12/2022 Victor Burk
Director
4,879   Derivative/Non-derivative trans. at $0 per share. 0
08/12/2022 Bobby S. Shackouls
Director
4,879   Derivative/Non-derivative trans. at $0 per share. 0
08/12/2022 Gary R. Petersen
Director
4,879   Derivative/Non-derivative trans. at $0 per share. 0
12/31/2021 Kayne Anderson Capital Advisors LP
29,700   0
12/31/2021 Kayne Anderson Capital Advisors LP
29,700   0
08/13/2021 John T. Raymond
Director
2,500   Derivative/Non-derivative trans. at $0 per share. 0
08/13/2021 Lawrence Michael Ziemba
Director
6,480   Derivative/Non-derivative trans. at $0 per share. 0
08/13/2021 Christopher M. Temple
Director
3,750   Derivative/Non-derivative trans. at $0 per share. 0
08/13/2021 Alexandra Garbers Pruner
Director
5,816   Derivative/Non-derivative trans. at $0 per share. 0
06/30/2021 Kayne Anderson Capital Advisors LP
25,554   0
06/30/2021 Kayne Anderson Capital Advisors LP
25,554   0
12/31/2020 Kayne Anderson Capital Advisors LP
666   0
12/31/2020 Kayne Anderson Capital Advisors LP
666   0
12/29/2020 Harry N. Pefanis
President & CCO; Director
225,000   Gift at $0 per share. 0
11/18/2020 EMG Fund II Management LP
6,220,955   Disposition at $8.05 per share. 50,078,687
11/18/2020 EMG Fund II Management LP
6,220,955   Disposition at $8.05 per share. 50,078,687
11/18/2020 EMG Fund II Management LP
6,220,955   0
11/18/2020 EMG Fund II Management LP
6,220,955   0
/news/latest/company/us/pagp

MarketWatch News on PAGP

  1. Plains GP Holdings downgraded to neutral from overweight at J.P. Morgan

    7:39 a.m. Nov. 21, 2022

    - Tomi Kilgore

  2. Plains GP Holdings upgraded to buy from hold at Stifel Nicolaus

    6:32 a.m. Aug. 15, 2022

    - Tomi Kilgore

  3. Plains GP Holdings downgraded to outperform from strong buy at Raymond James

    7:53 a.m. March 12, 2020

    - Tomi Kilgore

  4. Energy Stocks Can Soar if Oil Just Holds Its Ground, Analysts Say

    11:56 p.m. April 6, 2019

    - Barron's Online

  5. Energy Pipeline Stocks Still Have Room to Rally, Analyst Says

    6:37 p.m. March 25, 2019

    - Barron's Online

  6. Plains GP Holdings upgraded to buy from hold at Stifel Nicolaus

    7:49 a.m. Sept. 24, 2018

    - Tomi Kilgore

  7. Plains GP Holdings downgraded to hold from buy at Stifel Nicolaus

    7:42 a.m. May 9, 2018

    - Tomi Kilgore

  8. MLPs Look Attractive Again, and Yield as Much as 8%

    4:29 p.m. May 1, 2018

    - Barron's Online

  9. Plains GP Holdings upgraded to buy from hold at SunTrust RH

    7:30 a.m. April 9, 2018

    - Tomi Kilgore

  10. Plains GP Holdings upgraded to buy from hold at Stifel Nicolaus

    8:10 a.m. March 6, 2018

    - Tomi Kilgore

  11. A New Bull On Plains All American Pipeline

    4:17 p.m. Aug. 21, 2017

    - Barrons Blogs

  12. Plains GP Holdings downgrded to neutral from outperform at Baird

    7:42 a.m. Aug. 8, 2017

    - Tomi Kilgore

  13. Plains GP Holdings stock price target cut to $23 from $36 at Baird

    7:43 a.m. Aug. 8, 2017

    - Tomi Kilgore

  14. Six MLPs to Buck the Correction

    12:06 p.m. June 29, 2017

    - Barron's Online

  15. Plains GP Holdings upgraded to outperform from market perform at Raymond James

    8:00 a.m. May 22, 2017

    - Tomi Kilgore

  16. Loading more headlines...
/news/nonmarketwatch/company/us/pagp

Other News on PAGP

  1. 10-Q: PLAINS GP HOLDINGS LP

    6:13 a.m. May 10, 2023

    - Edgar Online - (EDG = 10Q, 10K)

  2. 10-K: PLAINS GP HOLDINGS LP

    8:10 a.m. March 1, 2023

    - Edgar Online - (EDG = 10Q, 10K)

  3. Top 5 4th Quarter Trades of CHICKASAW CAPITAL MANAGEMENT LLC

    9:00 p.m. Jan. 10, 2023

    - GuruFocus.com

  4. 10-Q: PLAINS GP HOLDINGS LP

    7:07 a.m. Nov. 8, 2022

    - Edgar Online - (EDG = 10Q, 10K)

  5. Are Investors Undervaluing Plains Group (PAGP) Right Now?

    9:40 a.m. Oct. 25, 2022

    - Zacks.com

  6. Top 5 2nd Quarter Trades of Heronetta Management, L.P.

    5:00 p.m. Aug. 5, 2022

    - GuruFocus.com

At a Glance

Plains GP Holdings LP

333 Clay Street

Suite 1600

Houston, Texas 77002

Phone

1 7036464100

Industry

Pipeline Transportation

Sector

Companies on the Energy Service

Fiscal Year-end

12/2023

Revenue

$57.16B

Net Income

$168.00M

2022 Sales Growth

33.6%

Employees

4,100

/news/pressrelease/company/us/pagp

Press Releases on PAGP

  1. Plains All American Announces Officer Appointments

    5:15 p.m. Jan. 4, 2023

    - GlobeNewswire

Link to MarketWatch's Slice.