Plains GP Holdings, L.P.

Plains GP Holdings, L.P.

PAGP
Plains GP Holdings, L.P.US flagNASDAQ Global Select
24.90
USD
+0.12
- -
4.93BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
852.33
804.89
278.94
203.86
180.85
215.54
200.41
125.22
216.9
295.58
242.75
248.17
223.55
100.12
Basic EPS, GAAP
0.3
1.3
1.42
0.95
-5.04
2.11
1.97
-3.05
0.31
0.87
1.02
0.52
1.31
0.43
Free Cash Flow per Basic Share
6.76
1.04
-8.82
-6.22
10.15
6.14
7.85
4.15
8.53
9.61
11.82
10.23
11.42
4.55
Dividend per Share
57.11
1.69
2.35
2.36
1.87
1.2
1.38
0.89
0.72
0.84
1.07
1.27
1.52
0.68
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
108.05
121.69
78.87
82.03
61.71
63.46
66.89
55.83
62.97
64.4
67.16
64.16
62.94
27.14
Basic Weighted Avg Shares
50
54
83
99
145
158
168
186
194
194
195
197
198
452
Sales/Revenue/Turnover
42,249
43,464
23,152
20,182
26,223
34,055
33,669
23,290
42,078
57,342
47,336
48,889
44,262
45,254
Operating Margin (%)
4.1
4.12
5.43
4.81
4.79
6.34
5.96
3.65
3.41
2.71
2.32
2.09
3.1
3.05
Depreciation Expense
368
386
433
515
519
521
604
656
777
968
912
901
953
964
Net Income, GAAP
15
70
118
94
-731
334
331
-568
60
168
198
103
260
195
Effective Tax Rate (%)
7.16
13.77
18.37
10.57
104.58
12.54
7.86
- -
15.73
17.46
9.47
12.88
6.59
5.22
Profit Margin (%)
0.04
0.16
0.51
0.47
-2.79
0.98
0.98
-2.44
0.14
0.29
0.42
0.21
0.59
0.43
Working Capital
-448
-575
-437
-391
-530
78
-405
-587
-94
-535
-89
-148
-198
-378
LT Debt
7,230
9,238
10,932
10,124
9,183
9,143
9,574
9,699
8,737
7,595
7,579
7,403
10,898
11,158
Total Equity
8,279
9,381
9,234
10,707
12,358
13,319
14,485
11,190
14,177
14,638
14,972
14,316
14,216
13,952
Return on Invested Capital (%)
10.32
8.46
5
3.97
-0.26
8.94
8.98
- -
6.29
7.28
6.37
5.98
7.82
9.27
Return on Capital (%)
-6.95
-5.2
-1.12
-0.21
-6.98
-5.15
-4.68
- -
-0.57
-2.24
-3.14
-2.52
-3.24
-2.39
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,010
563
420
LT Borrowings
8,439
10,696
10,956
LT Finance Leases
188
202
202
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
198
198
198
Market Capitalization
3,607
6,220
10,975

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,577
4,704
6,158
Cash, Cash Equivalents & STI
1,181
329
172
Accounts Receivable, Net
3,623
3,598
4,821
Inventories
184
211
380
Total Current Liabilities
5,359
4,902
6,536
Payables & Accruals
3,584
3,457
4,928
ST Debt
1,010
563
420
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.23%
5.43%
-0.7%
Free Cash Flow
-24.41%
30.06%
12.21%
Net Income, GAAP
-112.44%
38.35%
152.43%
Sales/Revenue/Turnover
10.83%
18.66%
-9.46%
Total Cash Common Dividend
6.87%
13.82%
19.92%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,995
12,757
12,456
12,402
48,889
2025
11,477
10,642
11,578
10,564
44,262
2026
12,470
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.2
0.17
-0.06
0.52
2025
0.42
0.15
0.42
0.09
1.31
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.31
0.32
0.32
1.27
2025
0.38
0.38
0.38
0.11
1.52
2026
0.12
- -
- -
- -
- -

Company Description

APIChat
CEO
Wilfred Chiang
Full Time Employees
5,000
Sector
Energy
Industry
Oil & Gas Midstream
Address
333 Clay Street Houston TX United States of America 77002
IPO Date
Oct 16, 2013
Business
Plains GP Holdings, L.P. Plains GP Holdings, L.P. (NASDAQ:PAGP), through its subsidiary Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure systems and provides logistics services for crude oil and natural gas liquids (NGLs) across the United States and Canada; the company engages in gathering, transporting, terminalling, and storing crude oil via pipelines, trucks, barges, and railcars, as well as natural gas processing, NGL fractionation, storage, transportation, and marketing services, with operations spanning major producing basins including the Permian, Eagle Ford, and Mid-Continent regions. Plains GP Holdings, L.P. operates through two primary segments, Crude Oil and NGLs, serving producers, refiners, and end-users with integrated assets that handle approximately 7 million barrels per day of crude oil and NGL volumes; it maintains extensive pipeline networks, storage facilities, and terminalling infrastructure connecting supply sources to demand centers and export points. Founded in 2013 and headquartered in Houston, Texas, the company recently completed bolt-on acquisitions in early 2025, including Ironwood Midstream Energy's Eagle Ford gathering system for $475 million, additional interests in Midway LLC for $90 million, and approximately 127 million Series A Preferred Units for $330 million, enhancing its crude oil gathering and transportation capabilities while increasing its quarterly distribution by 20%; these transactions align with Plains' strategy of disciplined capital allocation, free cash flow generation, and expansion in key North American basins.

Company News

APIChat
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