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PAGP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
24.806
Open
24.410
VWAP
24.50
Vol
1.61M
Mkt Cap
5.68B
Low
24.310
Amount
39.56M
EV/EBITDA(TTM)
12.23
Total Shares
233.00M
EV
28.71B
EV/OCF(TTM)
13.00
P/S(TTM)
0.12
Plains GP Holdings, L.P. through Plains All American Pipeline, L.P. (PAA), owns and operates midstream energy infrastructure and provides logistics companies in North America. Its Crude Oil operations consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and, at times, on barges or railcars, in addition to providing terminalling, storage and other related services utilizing its integrated assets across the United States and Canada. Its assets provide services to third parties as well as to its merchant activities. Its merchant activities include the purchase of crude oil supply and the movement of this supply on third-party assets to sales locations. Crude Oil includes its crude oil pipelines, crude oil storage and marine terminals and related crude oil marketing activities.
Show More

Events Timeline

(ET)
2026-05-12
10:40:00
Keyera Completes Acquisition of Plains' Canadian Natural Gas Liquids Business for $5.3B
select
2026-05-12
10:40:00
Plains Completes $3.3 Billion Asset Sale to Keyera
select
2026-05-05 (ET)
2026-05-05
17:40:00
Plains All American Updates NGL Business Divestiture Progress
select
2026-03-30 (ET)
2026-03-30
08:20:00
Plains All American Updates NGL Divestiture Timeline to May
select

News

seekingalpha
6.0
06-04seekingalpha
Goldman Sachs Upgrades Plains to Neutral with $24 Target
  • Rating Upgrade: Goldman Sachs upgraded Plains All American Pipeline from Sell to Neutral with a price target raised from $18 to $24, reflecting an improved crude macro environment and a modestly better growth outlook for the company.
  • Cash Flow Strength: The analyst highlighted Plains' strong free cash flow generation and its potential as an M&A candidate, which positions the company favorably in a consolidating industry landscape.
  • Strategic Focus: Following the recent sale of its Canadian natural gas liquids assets, Plains has a more focused strategic outlook, with an expected ~3% EBITDA compound annual growth rate from 2026 to 2030, alongside ~3x leverage and a ~10% free cash flow yield during this period.
  • Market Positioning: While Goldman Sachs maintains a neutral stance on Plains, the analyst notes that the company is likely to lag behind peers with higher EBITDA growth and shareholder return potential, which limits a more constructive outlook, although downside risks to the stock have moderated.
seekingalpha
6.5
06-01seekingalpha
Valuation Analysis of U.S. Mid-Cap Stocks
  • Market Attractiveness: Among U.S. stocks with market capitalizations between $2 billion and $10 billion, Delek Logistics Partners (DKL), Mach Natural Resources (MNR), and NextDecade (NEXT) are highlighted as some of the most attractively valued companies relative to their sector peers, indicating a competitive edge in the energy sector.
  • Valuation Grades: According to Seeking Alpha's valuation grades, DKL, MNR, and NEXT all received an A+ rating, demonstrating strong performance across multiple valuation metrics such as P/E, PEG, and EV/Sales, which reflects their investment potential.
  • Yield Potential: Hess Midstream offers an 8% yield backed by Chevron, showcasing its stable cash flow and attractiveness, which may appeal to investors seeking high yields in the current market environment.
  • Acquisition Dynamics: Northern Oil and Gas acquired a 25% stake in Duvernay for an initial purchase price of C$350 million, which, while increasing its leverage, is viewed as a fair price acquisition that could enhance its market position.
Fool
8.5
05-31Fool
Energy Income Partners Increases Stake in Plains GP Holdings
  • Share Increase: Energy Income Partners disclosed a purchase of 120,765 shares of Plains GP Holdings in Q1 2026, valued at approximately $2.64 million, indicating strong confidence in the company.
  • Stake Significance: Following this acquisition, Plains GP Holdings now represents 3.51% of Energy Income Partners' assets under management, highlighting its importance within the investment portfolio.
  • Performance Growth: Plains GP Holdings reported a 4% year-over-year increase in Q1 adjusted EBITDA to $582 million, driven by higher pipeline volumes and recent acquisitions, showcasing the company's competitive position in the market.
  • Cash Flow Outlook: Management anticipates approximately $1.85 billion in adjusted free cash flow for 2026, further solidifying the company's critical role in energy infrastructure.
NASDAQ.COM
8.5
05-31NASDAQ.COM
Energy Income Partners Increases Stake in Plains GP Holdings
  • Share Increase: Energy Income Partners increased its stake in Plains GP Holdings by 120,765 shares in Q1, with an estimated transaction value of $2.64 million, indicating confidence in the company's market outlook.
  • Value Growth: By quarter-end, the fund's total holdings were valued at $217.91 million, reflecting an increase of $48.44 million due to both trading activity and share price appreciation during the period.
  • Strong Business Performance: Plains GP Holdings reported a 4% year-over-year increase in first-quarter adjusted EBITDA to $582 million, driven by higher pipeline volumes and recent acquisitions, underscoring its critical role in energy infrastructure.
  • Cash Flow Expectations: Management anticipates approximately $1.85 billion in adjusted free cash flow this year, coupled with a current distribution yield of about 7.5%, further enhancing investor confidence in its long-term value.
Newsfilter
8.5
05-12Newsfilter
Plains Completes Sale of NGL Business to Keyera
  • Transaction Completion: Plains All American Pipeline has completed the sale of its wholly-owned subsidiary Plains Midstream Canada ULC for approximately $3.3 billion, which will be used to repay certain debts and for general partnership purposes, thereby enhancing the company's financial stability.
  • Leverage Ratio Improvement: Following this transaction, Plains expects its leverage ratio to trend toward the midpoint of its target range of 3.25 to 3.75x, indicating a more robust financial structure that will help boost investor confidence.
  • Business Transformation: This sale marks Plains' transformation into a pure-play crude oil midstream company, which will reduce exposure to commodity price volatility and enhance free cash flow, supporting lower maintenance capital and corporate taxes, thus improving overall profitability.
  • Enhanced Market Competitiveness: Plains' remaining crude asset portfolio spans multiple destinations from Canada to the U.S. Gulf Coast, particularly Corpus Christi as a primary U.S. oil export market, which is expected to further strengthen the company's competitive position in the North American market.
seekingalpha
9.5
05-08seekingalpha
Plains GP Holdings Q1 Earnings Analysis
  • Earnings Performance: Plains GP Holdings reported Q1 GAAP EPS of $0.24, missing expectations by $0.15, indicating pressure on profitability that could affect investor confidence.
  • Revenue Growth: The company achieved revenue of $12.47 billion, an 8.7% year-over-year increase, exceeding market expectations by $480 million, demonstrating continued business growth amid rising oil prices.
  • Market Reaction: Despite strong revenue performance, the stock may experience volatility due to the earnings miss, potentially influencing investor decisions in the short term.
  • Future Outlook: With increasing oil price fluctuations and regulatory challenges, Plains GP Holdings may need to adjust its strategy to navigate market changes and ensure sustained shareholder returns and business stability.
Wall Street analysts forecast PAGP stock price to rise
6 Analyst Rating
Wall Street analysts forecast PAGP stock price to rise
2 Buy
3 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
16.50
Averages
20.42
High
23.00
Current: 0.000
sliders
Low
16.50
Averages
20.42
High
23.00
Goldman Sachs
John Mackay
Sell
to
Neutral
upgrade
$18 -> $24
AI Analysis
2026-06-03
Reason
Goldman Sachs
John Mackay
Price Target
$18 -> $24
AI Analysis
2026-06-03
upgrade
Sell
to
Neutral
Reason
Goldman Sachs analyst John Mackay upgraded Plains GP Holdings to Neutral from Sell with a price target of $24, up from $18. The firm cites the stronger crude price environment and Plains' improving growth outlook for the upgrade. The company offers a "more focused strategic outlook" following the Canadian natural gas liquid assets sale, the analyst tells investors in a research note. Goldman also views Plains as a takeover candidate, saying the industry continues to consolidate.
Morgan Stanley
Equal Weight
maintain
$24 -> $26
2026-05-20
Reason
Morgan Stanley
Price Target
$24 -> $26
2026-05-20
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Plains GP Holdings to $26 from $24 and keeps an Equal Weight rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PAGP
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Valuation Metrics

The current forward P/E ratio for Plains GP Holdings LP (PAGP.O) is 15.15, compared to its 5-year average forward P/E of 12.68. For a more detailed relative valuation and DCF analysis to assess Plains GP Holdings LP's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.68
Current PE
15.15
Overvalued PE
15.88
Undervalued PE
9.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.84
Current EV/EBITDA
7.07
Overvalued EV/EBITDA
10.10
Undervalued EV/EBITDA
7.58

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.06
Current PS
0.11
Overvalued PS
0.08
Undervalued PS
0.04

Financials

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Annual
Quarterly

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Whales Holding PAGP

A
Advisors Capital Management, LLC
Holding
PAGP
+12.60%
3M Return
P
Pathstone Family Office, LLC
Holding
PAGP
+12.24%
3M Return
E
Evergreen Capital Management LLC
Holding
PAGP
+10.94%
3M Return
E
Eagle Global Advisors, LLC
Holding
PAGP
+7.46%
3M Return
R
Recurrent Investment Advisors LLC
Holding
PAGP
+7.27%
3M Return
C
Chickasaw Capital Management, LLC
Holding
PAGP
+3.22%
3M Return

Trading Trends

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Frequently Asked Questions

What is Plains GP Holdings LP (PAGP) stock price today?

The current price of PAGP is 24.38 USD — it has decreased -0.04

What is Plains GP Holdings LP (PAGP)'s business?

Plains GP Holdings, L.P. through Plains All American Pipeline, L.P. (PAA), owns and operates midstream energy infrastructure and provides logistics companies in North America. Its Crude Oil operations consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and, at times, on barges or railcars, in addition to providing terminalling, storage and other related services utilizing its integrated assets across the United States and Canada. Its assets provide services to third parties as well as to its merchant activities. Its merchant activities include the purchase of crude oil supply and the movement of this supply on third-party assets to sales locations. Crude Oil includes its crude oil pipelines, crude oil storage and marine terminals and related crude oil marketing activities.

What is the price predicton of PAGP Stock?

Wall Street analysts forecast PAGP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAGP is20.42 USD with a low forecast of 16.50 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Plains GP Holdings LP (PAGP)'s revenue for the last quarter?

Plains GP Holdings LP revenue for the last quarter amounts to 12.47B USD, increased 8.65

What is Plains GP Holdings LP (PAGP)'s earnings per share (EPS) for the last quarter?

Plains GP Holdings LP. EPS for the last quarter amounts to 0.10 USD, decreased -76.19

How many employees does Plains GP Holdings LP (PAGP). have?

Plains GP Holdings LP (PAGP) has 3900 emplpoyees as of June 14 2026.

What is Plains GP Holdings LP (PAGP) market cap?

Today PAGP has the market capitalization of 5.68B USD.