PAGP: Plains GP Holdings LP

Stock

About

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.

Website
www.plains.com
Year Founded
2013
Employees
4,200
Sector
Energy
HQ Location
Houston, TX

Current Value

$18.62

1 Year Return

$2.79
17.62%

Key Details

Market Cap

$3.67B

P/E Ratio

22

1Y Stock Return

16.79%

1Y Revenue Growth

3.13%

Dividend Yield

6.71%

Price to Book

2.5

Strategies that include
PAGP

High risk

$1,000

Dividend Kings with Cash

speculation
maximum growth

These stocks have a strong dividend yield 5% yearly, and also are in the top 40% of all stocks with regards to cash on hand, meaning they have a strong balance sheet to finance those future dividend payments. We weight these stocks equally.

Top Sector

Financials

Top Holdings

Return

+6.83%

Expense Ratio

0.00%

Holdings

72

High risk

$3,200

Energy Sector

speculation
maximum growth

This Strategy concentrate on the energy sector, including oil, gas, and renewable energy firms. Offering exposure to the global energy market, it can be influenced by factors such as oil prices, geopolitical events, and environmental policies.

Top Sector

Energy

Top Holdings

Return

+16.22%

Expense Ratio

0.00%

Holdings

101

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strategy with

PAGP
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Stock's related to
PAGP

ETF's related to
PAGP

News

SeekingAlpha

The fund posted returns of 8.88% (Institutional shares) and 8.79% (Investor A shares, without sales charge) for the third quarter of 2024.

SeekingAlpha

Energy Transfer and Williams Companies have been huge winners over the past 3 years. Click here for a detailed analysis on both stocks.

Yahoo

Plains GP Holdings LP (PAGP) reports robust EBITDA growth, strategic acquisitions, and a credit rating upgrade amidst ongoing challenges.

SeekingAlpha

Plains GP Holdings, L.P. Class A Shares (NASDAQ:PAGP) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ETCompany ParticipantsBlake Fernandez -...

Yahoo

HOUSTON (AP) — Plains GP Holdings LP (PAGP) on Friday reported earnings of $33 million in its third quarter. The Houston-based company said it had net income of 17 cents per share. The oil and gas holding company posted revenue of $12.74 billion in the period.

Yahoo

HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported third-quarter 2024 results. Third-Quarter Results Reported net income attributable to PAA of $220 million and net cash provided by operating activities of $692 millionDelivered solid Adjusted EBITDA attributable to PAA of $659 millionProgressed our efficient growth strategy with a small bolt-on acquisition of a Permian gathering systemExited the quarter

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