Profile
Sector:
EnergyIndustry:
Oil & Gas MidstreamCountry:
United StatesIPO:
16 October 2013Website:
http://www.plainsallamerican.comNext earnings report:
02 August 2024Last dividends:
30 April 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 23:50:12 GMTAnalysts recommendations
Institutional Ownership
PAGP Latest News
Plains GP Holdings prioritizes returning capital to its unitholders, as evidenced by recent distribution increases and buybacks. With a distribution rate of around 6%, PAGP's strong cash flow supports this commitment.
The management believes that the tariff volumes and tariffs might increase in the coming period. The dividend payment of $1.27 makes a yield of 8.10% compared to current share price. The company's dividend yield of 8.10% is significantly higher than sector median dividend yield of 3.58%.
Plains GP Holdings, L.P. (NASDAQ:PAGP ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chairman & Chief Executive Officer Al Swanson - Executive Vice President & Chief Financial Officer Jeremy Goebel - Executive Vice President & Chief Commercial Officer Conference Call Participants Michael Blum - Wells Fargo Brian Reynolds - UBS Gabriel Moreen - Mizuho Keith Stanley - Wolfe Research Neel Mitra - Bank of America Neal Dingmann - Truist Securities Sunil Sibal - Seaport Global John Mackay - Goldman Sachs Operator Good day and thank you for standing by.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Plains GP (PAGP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Does Plains GP Holdings (PAGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does Plains GP Holdings (PAGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Plains GP (PAGP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Plains GP (PAGP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
What type of business is Plains GP Holdings LP?
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. As of December 31, 2021, this segment owned and leased assets comprising 18,300 miles of crude oil and NGL pipelines and gathering systems; 38 million barrels of above-ground tank capacity; and 1,275 trailers. It engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2021, this segment owned and operated approximately 74 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; four natural gas processing plants; a condensate processing facility; nine fractionation plants; 16 NGL rail terminals; four marine facilities; and 110 miles of pipelines. As of December 31, 2021, this segment owned 15 million barrels of crude oil and 2 NGL linefill; 3 million barrels of crude oil and 1 NGL linefill in pipelines owned by third parties and other inventory; 640 trucks and 1,275 trailers; and 3,900 NGL railcars. The company offers logistics services to producers, refiners, and other customers. 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.
What sector is Plains GP Holdings LP in?
Plains GP Holdings LP is in the Energy sector
What industry is Plains GP Holdings LP in?
Plains GP Holdings LP is in the Oil & Gas Midstream industry
What country is Plains GP Holdings LP from?
Plains GP Holdings LP is headquartered in United States
When did Plains GP Holdings LP go public?
Plains GP Holdings LP initial public offering (IPO) was on 16 October 2013
What is Plains GP Holdings LP website?
https://www.plainsallamerican.com
Is Plains GP Holdings LP in the S&P 500?
No, Plains GP Holdings LP is not included in the S&P 500 index
Is Plains GP Holdings LP in the NASDAQ 100?
No, Plains GP Holdings LP is not included in the NASDAQ 100 index
Is Plains GP Holdings LP in the Dow Jones?
No, Plains GP Holdings LP is not included in the Dow Jones index
When does Plains GP Holdings LP report earnings?
The next expected earnings date for Plains GP Holdings LP is 02 August 2024