Plains GP Holdings
PAGP

$19.37

2.11%

Market Cap: 3.82B

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

Energy Pipe Lines, Except Natural Gas

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]

See Fund Rankings

Research analyst outlook

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

Low target

$16

17%

downside

Avg. target

$19.72

2%

upside

High target

$23

19%

upside

9 analyst ratings

5 positive

56%

2 neutral

22%

2 negative

22%

Morgan Stanley Robert Kad	3%upside $20	Overweight Maintained	10 Jun 2024
Wells Fargo Michael Blum	3%upside $20	Overweight Maintained	8 May 2024
Citigroup Spiro Dounis	7%downside $18	Neutral Maintained	6 May 2024
Stifel Selman Akyol	14%upside $22	Buy Maintained	16 Apr 2024
UBS Shneur Gershuni	19%upside $23	Buy Maintained	12 Apr 2024

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Financial journalist opinion

Zacks Investment Research

Plains GP Holdings (PAGP) Is Up 1.96% in One Week: What You Should Know

Does Plains GP Holdings (PAGP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Plains GP Holdings (PAGP) Is Up 1.96% in One Week: What You Should Know

Zacks Investment Research

Why Fast-paced Mover Plains GP (PAGP) Is a Great Choice for Value Investors

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.

Why Fast-paced Mover Plains GP (PAGP) Is a Great Choice for Value Investors

Plains GP Holdings, L.P (PAGP) Q1 2024 Earnings Call Transcript

Plains GP Holdings, L.P. (NASDAQ:PAGP ) Q1 2024 Results Conference Call May 3, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President of Investor Relations Willie Chiang - Chief Executive Officer Al Swanson - Chief Financial Officer Jeremy Goebel - Chief Commercial Officer Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Keith Stanley - Wolfe Research Sunil Sibal - Seaport Global Zack Van Everen - TPH & Company Naomi Marfatia - UBS Neal Dingmann - Tourist Securities Jeremy Tonet - JPMorgan Securities John Mackay - Goldman Sachs Theresa Chen - Barclays Operator Thank you for standing by, and welcome to the PAA and PAGP's First Quarter 2024 Earnings Conference Call.

Plains GP Holdings, L.P (PAGP) Q1 2024 Earnings Call Transcript

24/7 Wall Street

For $10,000 in Passive Income, Invest $10,000 in These 8 Dividend Stocks

Conventional wisdom tells us to work smarter, not harder. But how? One way for investors to do so is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

For $10,000 in Passive Income, Invest $10,000 in These 8 Dividend Stocks

Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow

Returning capital to unitholders is Plains GP Holdings' priority. Recent distribution increases and buybacks validate this prerogative. Hovering around 6%, PAGP's distribution is backed by ample cash flow.

Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow

Very Good News For Energy Stocks

Energy stocks are no longer the table pounding buys that they used to be. However, there are still several compelling reasons to invest in certain energy stocks. We share some of our top picks of the moment in the sector.

Very Good News For Energy Stocks

Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript

Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript

Plains GP Holdings, L.P. (PAGP) Q4 2023 Earnings Call Transcript

Raymond James Analyst Shares Top Picks, Midstream Investment Opportunities

VettaFi recently sat down with Raymond James analyst J.R. Weston to discuss the outlook for energy commodities and the midstream space.

Raymond James Analyst Shares Top Picks, Midstream Investment Opportunities

Plains GP Holdings: Solid Financials Supports 8% Dividend Yield

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: Solid Financials Supports 8% Dividend Yield

Plains GP Holdings: Steady As She Goes

Plains GP Holdings is rated as a hold at current levels after a strong performance in 2023. Plains American's strategy of maintaining steady long-term growth in capital expenditure sets it apart from peers. PAGP's ideal entry point is when it trades closer to a 7.5-8x multiple, offering a more favorable price for investors.

Plains GP Holdings: Steady As She Goes

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