Plains GP Hlds

Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil, natural gas liquids and natural gas through its indirect investment in Plains All American Pipeline, L.P. The firm operates through the following segments: Transportation, Facilities and Supply and Logistics. The Transportation segment consists of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The Facilities segment consists of fee-based activities associated with providing storage, terminalling and throughput services primarily for crude oil, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Supply and Logistics segment consists of storage of inventory during contango market conditions and the seasonal storage of NGL, purchase of NGL from producers, refiners, processors and other marketers, extraction of NGL from gas processed at the facilities. The company was founded in July 2013 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Plains GP Hlds (PAGP) exceeds expectations, focuses on disciplined growth

Plains GP Hlds (PAGP) reported impressive financial performance, exceeding expectations and demonstrating strong operational capabilities. The company's emphasis on capital discipline, distribution growth, and balance sheet strength underpins its resilience and growth prospects. Challenges in managing leverage and navigating market uncertainties require strategic focus and agility.

Plains GP Hlds reports robust Q1 earnings, eyes growth opportunities

Plains GP Hlds shows strong financial performance, emphasizing discipline and growth. Challenges include leverage targets and commodity price sensitivity. Opportunities exist in energy transition projects and leveraging private equity for stability and growth.

Plains GP Hlds (PAGP) excels in Q2, eyes strategic growth

Plains GP Hlds (PAGP) delivered robust Q2 results with a focus on optimizing NGL segment and disciplined capital allocation. Strong cash flow generation and debt reduction strategies in place for 2023.

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Plains GP Holdings, L.P. Class A Shares (NASDAQ:PAGP ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Blake Fernandez - Vice President, Investor Relations Willie Chiang - Chairman and Chief Executive Officer Al Swanson - Executive Vice President and Chief Financial Officer Jeremy Goebel - Executive Vice President and Chief Commercial Officer Chris Chandler - Executive Vice President and Chief Operating Officer Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Jeremy Tonet - JPMorgan Securities Neel Mitra - Bank of America AJ O'Donnell - TPH Manav Gupta - UBS John Mackay - Goldman Sachs Neal Dingmann - Truist Securities Operator Hello, and welcome to PAA and PAGP Third Quarter 2024 Earnings Call.

Plains GP Holdings, L.P. Class A Shares (PAGP) Q3 2024 Earnings Call Transcript

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.

Should Value Investors Buy Plains Group (PAGP) Stock?

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There is a leading blue-chip that has been a serial underperformer over the past half decade. However, it has a very strong balance sheet, a sky-high yield that is well covered, and it continues to grow its payout year after year. I discuss this opportunity and share why the more it underperforms, the more I buy it.

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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

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. (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

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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

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

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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 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

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.

Plains GP Holdings, L.P. (PAGP) Q3 2023 Earnings Call Transcript

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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.

Despite Fast-paced Momentum, Plains GP (PAGP) Is Still a Bargain Stock

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News for Plains GP Hlds Stock (PAGP)