Plains GP Holdings LP

Company Profile

Plains GP Holdings LP had its IPO on 2013-10-16 under the ticker symbol PAGP.

The company operates in the Energy sector and Oil & Gas Midstream industry. Plains GP Holdings LP has a staff strength of 0 employees.

Stock update

Shares of Plains GP Holdings LP opened at $15.6 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $15.6 - $15.75, and closed at $15.74.

This is a +1.16% increase from the previous day's closing price.

A total volume of 1,123,982 shares were traded at the close of the day’s session.

In the last one week, shares of Plains GP Holdings LP have slipped by -2.78%.

Plains GP Holdings LP's Key Ratios

Plains GP Holdings LP has a market cap of $3.75 billion, indicating a price to book ratio of 1.5927 and a price to sales ratio of 0.0506.

In the last 12-months Plains GP Holdings LP’s revenue was $51.23 billion with a gross profit of $2.85 billion and an EBITDA of $2.60 billion. The EBITDA ratio measures Plains GP Holdings LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Plains GP Holdings LP’s operating margin was 3.11% while its return on assets stood at 3.41% with a return of equity of 10.26%.

In Q2, Plains GP Holdings LP’s quarterly earnings growth was a positive 54% while revenue growth was a negative 29.1%.

Plains GP Holdings LP’s PE and PEG Ratio

Forward PE

5.2466

Trailing PE

13.0756

PEG

0.4161

Its diluted EPS in the last 12-months stands at $1.19 per share while it has a forward price to earnings multiple of 5.2466 and a PEG multiple of 0.4161. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Plains GP Holdings LP’s profitability.

Plains GP Holdings LP stock is trading at a EV to sales ratio of 0.1834 and a EV to EBITDA ratio of 3.4857. Its price to sales ratio in the trailing 12-months stood at 0.0506.

Plains GP Holdings LP stock pays annual dividends of $1.02 per share, indicating a yield of 6.85% and a payout ratio of 43.04%.

Balance sheet and cash flow metrics

Total Assets

$26.90 billion

Total Liabilities

$4.65 billion

Operating Cash Flow

$-164000000.00

Capital Expenditure

$145 million

Dividend Payout Ratio

43.04%

Plains GP Holdings LP ended 2024 with $26.90 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $26.90 billion while shareholder equity stood at $13.60 billion.

Plains GP Holdings LP ended 2024 with $0 in deferred long-term liabilities, $4.65 billion in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $933.00 million and cash and short-term investments were $933.00 million. The company’s total short-term debt was $709,000,000 while long-term debt stood at $7.29 billion.

Plains GP Holdings LP’s total current assets stands at $4.66 billion while long-term investments were $3.06 billion and short-term investments were $0. Its net receivables were $-270000000.00 compared to accounts payable of $3.30 billion and inventory worth $270.00 million.

In 2024, Plains GP Holdings LP's operating cash flow was $-164000000.00 while its capital expenditure stood at $145 million.

Comparatively, Plains GP Holdings LP paid $0.43 in dividends in 2024.

Other key metrics

Current Trading Price

$15.74

52-Week High

$16.28

52-Week Low

$9.7021

Analyst Target Price

$17.29

Plains GP Holdings LP stock is currently trading at $15.74 per share. It touched a 52-week high of $16.28 and a 52-week low of $16.28. Analysts tracking the stock have a 12-month average target price of $17.29.

Its 50-day moving average was $15.52 and 200-day moving average was $13.49 The short ratio stood at 4.46 indicating a short percent outstanding of 0%.

Around 259.3% of the company’s stock are held by insiders while 8696.3% are held by institutions.