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Plains GP Holdings LP logo

Plains GP Holdings LP

PAGP

NASDAQEnergyOil & Gas Midstream

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Previous close

$26.84

+$0.04 · +0.15%

Aug 21, 4:00 PM ET

PAGP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

94

Deep Value

Momentum

50

Neutral

Sentiment

57

Mixed

Risk resilience

84

Low Risk

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Company profile

Company website

Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and other related services. In addition, the company is involved in the natural gas processing and NGL fractionation, storage, transportation, and terminalling activities. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.

Industry
Oil & Gas Midstream
Sector
Energy
Headquarters
US
CEO
Willie Chiang
Listed since
Oct 17, 2013
Employees
3,900

Market position

Day range

Current $26.84

52-week range

Current $26.84

Open
$26.84
Previous close
$26.80
Volume
2.37M
1.5× average
Average volume
1.58M
Average daily volume
Market cap
5.31B USD
Beta
0.45
Market reference 1
50-day average
$25.1216
+6.84% above average
200-day average
$22.5038
+19.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
9.59×
P/B (TTM)
3.36×
P/S (TTM)
0.1×
Dividend yield
6.08%

Profitability & efficiency

Gross margin
5.09%
Operating margin
3.03%
Net margin
1.06%

Financial health

Debt / equity
5.47×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends8%5%2%-1%Gross margin, FY2021: 6.65%Gross margin, FY2022: 5.58%Gross margin, FY2023: 6.43%Gross margin, FY2024: 6.96%Gross margin, FY2025: 6.04%Operating margin, FY2021: 2.00%Operating margin, FY2022: 2.24%Operating margin, FY2023: 3.08%Operating margin, FY2024: 2.34%Operating margin, FY2025: 3.23%Net margin, FY2021: 0.14%Net margin, FY2022: 0.29%Net margin, FY2023: 0.41%Net margin, FY2024: 0.21%Net margin, FY2025: 0.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 6.65%. Gross margin FY2022 5.58%. Gross margin FY2023 6.43%. Gross margin FY2024 6.96%. Gross margin FY2025 6.04%. Operating margin FY2021 2.00%. Operating margin FY2022 2.24%. Operating margin FY2023 3.08%. Operating margin FY2024 2.34%. Operating margin FY2025 3.23%. Net margin FY2021 0.14%. Net margin FY2022 0.29%. Net margin FY2023 0.41%. Net margin FY2024 0.21%. Net margin FY2025 0.59%.

Income trends

Revenue

44.26B USD-11.61%

Operating income

1.43B USD+21.84%

Net income

260M USD+152.43%
Income trends across reported periods63.07B USD40.16B USD17.24B USD−5.67B USDRevenue, FY2021: 42.08B USDRevenue, FY2022: 57.34B USDRevenue, FY2023: 48.71B USDRevenue, FY2024: 50.07B USDRevenue, FY2025: 44.26B USDOperating income, FY2021: 842M USDOperating income, FY2022: 1.28B USDOperating income, FY2023: 1.5B USDOperating income, FY2024: 1.17B USDOperating income, FY2025: 1.43B USDNet income, FY2021: 60M USDNet income, FY2022: 168M USDNet income, FY2023: 198M USDNet income, FY2024: 103M USDNet income, FY2025: 260M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 42.08B USD. Revenue FY2022 57.34B USD. Revenue FY2023 48.71B USD. Revenue FY2024 50.07B USD. Revenue FY2025 44.26B USD. Operating income FY2021 842M USD. Operating income FY2022 1.28B USD. Operating income FY2023 1.5B USD. Operating income FY2024 1.17B USD. Operating income FY2025 1.43B USD. Net income FY2021 60M USD. Net income FY2022 168M USD. Net income FY2023 198M USD. Net income FY2024 103M USD. Net income FY2025 260M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue44.26B USD50.07B USD48.71B USD57.34B USD42.08B USD
Cost of goods sold41.59B USD46.59B USD45.58B USD54.14B USD39.28B USD
Gross profit2.68B USD3.49B USD3.13B USD3.2B USD2.8B USD
Selling, general, and administrative342M USD387M USD356M USD330M USD298M USD
Operating expenses1.25B USD2.32B USD1.63B USD1.91B USD1.96B USD
Interest income—22M USD———
Interest expense467M USD382M USD386M USD405M USD425M USD
Depreciation and amortization953M USD1.03B USD1.05B USD968M USD777M USD
Operating income1.43B USD1.17B USD1.5B USD1.28B USD842M USD
Net income260M USD103M USD198M USD168M USD60M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$25.40

5.37% downside
Past 12 months12-month forecastHigh $28.00Average $25.40Low $23.00

PAGP news

defenseworld.net

Cetera Investment Advisers Has $4.32 Million Position in Plains GP Holdings, L.P. $PAGP

Cetera Investment Advisers reduced its stake in shares of Plains GP Holdings, L.P. (NYSE: PAGP) by 26.9% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The…

Read source
247wallst.com

Your Dividend Calendar for July 27–31: 10 Stocks and the Last Day to Buy Each One

This week is a payday cluster. Ten names in this coverage list all go ex-dividend between Tuesday, July 28 and Friday, July 31, 2026, which means the window to buy in and still capture the upcoming payment is short.

Read source
globenewswire.com

Plains All American Pipeline and Plains GP Holdings Provide Updated Capital Spending Guidance for 2026

HOUSTON, June 15, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) are providing an update to capital spending guidance for 2026.

Read source
fool.com

Why This $3 Million Plains GP Holdings Buy Could Signal Confidence in a $2.9 Billion Outlook

Plains GP Holdings operates pipelines and storage, providing fee-based logistics for North American oil and natural gas producers.

Read source

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ETFs holding PAGP

Funds reporting this stock among their holdings, ordered by reported position size.

First Trust North American Energy Infrastructure Fund logoFirst Trust North American Energy Infrastructure FundEMLP
Market value
179.03M
Weight
4.27%
AUM
4.13B USD
Expense ratio
0.95%
Price / 1D
$43.72-1.60%
Global X - MLP & Energy Infrastructure ETF logoGlobal X - MLP & Energy Infrastructure ETFMLPX
Market value
54.45M
Weight
1.51%
AUM
3.6B USD
Expense ratio
0.45%
Price / 1D
$74.36-1.35%
Simplify Propel Opportunities ETF logoSimplify Propel Opportunities ETFSURI
Market value
34.15M
Weight
40.15%
AUM
85.05M USD
Expense ratio
2.82%
Price / 1D
$19.8186-0.20%
Bahl & Gaynor Small/Mid Cap Income Growth ETF logoBahl & Gaynor Small/Mid Cap Income Growth ETFSMIG
Market value
31.99M
Weight
2.13%
AUM
1.13B USD
Expense ratio
0.60%
Price / 1D
$32.95+0.27%
Vanguard Energy ETF logoVanguard Energy ETFVDE
Market value
29.92M
Weight
0.24%
AUM
12.4B USD
Expense ratio
0.09%
Price / 1D
$179.58-0.08%
Alerian Energy Infrastructure ETF logoAlerian Energy Infrastructure ETFENFR
Market value
28.4M
Weight
5.36%
AUM
529.42M USD
Expense ratio
0.35%
Price / 1D
$39.40-0.83%
USCF Midstream Energy Income Fund logoUSCF Midstream Energy Income FundUMI
Market value
24.89M
Weight
4.85%
AUM
512.75M USD
Expense ratio
0.85%
Price / 1D
$61.07-0.94%
FT Energy Income Partners Enhanced Income ETF logoFT Energy Income Partners Enhanced Income ETFEIPI
Market value
23.89M
Weight
2.16%
AUM
1.1B USD
Expense ratio
1.11%
Price / 1D
$22.51-1.57%

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