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
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 |
MarketWatch News on PAGP
-
Plains GP Holdings downgraded to neutral from overweight at J.P. Morgan
- Tomi Kilgore
-
Plains GP Holdings upgraded to buy from hold at Stifel Nicolaus
- Tomi Kilgore
-
Energy’s ‘Middlemen’ Stocks Could be Under Pressure for a While
- Barron's Online
-
Plains GP Holdings downgraded to outperform from strong buy at Raymond James
- Tomi Kilgore
-
Energy Stocks Can Soar if Oil Just Holds Its Ground, Analysts Say
- Barron's Online
-
Energy Pipeline Stocks Still Have Room to Rally, Analyst Says
- Barron's Online
-
Plains GP Holdings upgraded to buy from hold at Stifel Nicolaus
- Tomi Kilgore
-
Plains GP Holdings downgraded to hold from buy at Stifel Nicolaus
- Tomi Kilgore
-
MLPs Look Attractive Again, and Yield as Much as 8%
- Barron's Online
-
Plains GP Holdings upgraded to buy from hold at SunTrust RH
- Tomi Kilgore
-
Plains GP Holdings upgraded to buy from hold at Stifel Nicolaus
- Tomi Kilgore
-
A New Bull On Plains All American Pipeline
- Barrons Blogs
-
Plains GP Holdings downgrded to neutral from outperform at Baird
- Tomi Kilgore
-
Plains GP Holdings stock price target cut to $23 from $36 at Baird
- Tomi Kilgore
-
Six MLPs to Buck the Correction
- Barron's Online
-
Plains GP Holdings upgraded to outperform from market perform at Raymond James
- Tomi Kilgore
- Loading more headlines...
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