PAGP stock icon

Plains GP Holdings
PAGP

$17.89
0.34%
 

About: Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

Employees: 4,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

321% more call options, than puts

Call options by funds: $86.4M | Put options by funds: $20.5M

29% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 28

12% more capital invested

Capital invested by funds: $2.61B [Q4 2023] → $2.94B (+$322M) [Q1 2024]

3% more funds holding

Funds holding: 254 [Q4 2023] → 262 (+8) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 8 (+0) [Q1 2024]

12% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 95

22.93% less ownership

Funds ownership: 83.43% [Q4 2023] → 60.5% (-22.93%) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$16
11%
downside
Avg. target
$19.72
10%
upside
High target
$23
29%
upside

9 analyst ratings

positive
56%
neutral
22%
negative
22%
Morgan Stanley
Robert Kad
12%upside
$20
Overweight
Maintained
10 Jun 2024
Wells Fargo
Michael Blum
12%upside
$20
Overweight
Maintained
8 May 2024
Citigroup
Spiro Dounis
1%upside
$18
Neutral
Maintained
6 May 2024
Stifel
Selman Akyol
23%upside
$22
Buy
Maintained
16 Apr 2024
UBS
Shneur Gershuni
29%upside
$23
Buy
Maintained
12 Apr 2024

Financial journalist opinion