Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
PAGP 
Plains GP Holdings LP (PAGP)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/22/2025: PAGP (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
13 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $20.85
1 Year Target Price $20.85
| 6 | Strong Buy |
| 0 | Buy |
| 5 | Hold |
| 2 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -6.46% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/22/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.93B USD | Price to earnings Ratio - | 1Y Target Price 20.85 |
Price to earnings Ratio - | 1Y Target Price 20.85 | ||
Volume (30-day avg) 13 | Beta 0.67 | 52 Weeks Range 15.95 - 21.11 | Updated Date 10/22/2025 |
52 Weeks Range 15.95 - 21.11 | Updated Date 10/22/2025 | ||
Dividends yield (FY) 8.53% | Basic EPS (TTM) -0.14 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 0.29% | Operating Margin (TTM) 2.62% |
Management Effectiveness
Return on Assets (TTM) 2.77% | Return on Equity (TTM) 7.11% |
Valuation
Trailing PE - | Forward PE 12.06 | Enterprise Value 12009911393 | Price to Sales(TTM) 0.08 |
Enterprise Value 12009911393 | Price to Sales(TTM) 0.08 | ||
Enterprise Value to Revenue 0.25 | Enterprise Value to EBITDA 4.55 | Shares Outstanding 197743624 | Shares Floating 192242396 |
Shares Outstanding 197743624 | Shares Floating 192242396 | ||
Percent Insiders 2.69 | Percent Institutions 81.27 |
Upturn AI SWOT
Plains GP Holdings LP
Company Overview
History and Background
Plains GP Holdings LP (PAGP) was the publicly traded general partner of Plains All American Pipeline, L.P. The partnership focused on midstream energy infrastructure and provided transportation, storage, and processing services for crude oil and natural gas liquids (NGLs). In November 2021, PAGP merged into its operating subsidiary, Plains All American Pipeline, L.P. (PAA).
Core Business Areas
- Transportation: Pipelines and other facilities used to transport crude oil and NGLs.
- Storage: Storage facilities for crude oil and NGLs.
- Processing: Processing plants that separate and purify NGLs.
Leadership and Structure
Prior to the merger, Plains GP Holdings LP was the general partner of Plains All American Pipeline, L.P. The leadership consisted of the board of directors and executive management team. Greg L. Armstrong was the Chairman and CEO for many years until his retirement. The structure followed a general partner/limited partnership model.
Top Products and Market Share
Key Offerings
- Crude Oil Transportation: Transportation of crude oil through pipelines. Competitors include Enterprise Products Partners (EPD) and Magellan Midstream Partners (MMP). Historically significant revenue driver, but specific market share data for PAGP alone is unavailable pre-merger and impossible now.
- NGL Transportation and Services: Transportation, storage, and fractionation of NGLs. Enterprise Products Partners (EPD) and Kinder Morgan (KMI) are major competitors. Similar to crude oil, market share data solely for PAGP is not publicly available and impossible to determine.
Market Dynamics
Industry Overview
The midstream energy industry involves the transportation, storage, and processing of crude oil and natural gas. It is influenced by energy prices, production levels, and regulatory factors.
Positioning
Before the merger, Plains was a major player in the midstream sector, particularly in crude oil transportation. It leveraged its extensive pipeline network to transport crude oil from production basins to demand centers.
Total Addressable Market (TAM)
The TAM for midstream energy infrastructure is substantial, encompassing trillions of dollars across North America. Plains was positioned to capture a significant share of this market through its strategically located assets and long-term contracts.
Upturn SWOT Analysis
Strengths
- Extensive pipeline network
- Strategic asset locations
- Long-term contracts
- Experienced management team
Weaknesses
- Sensitivity to commodity prices
- Regulatory risks
- High debt levels (common in the midstream sector)
- Dependence on production levels
Opportunities
- Expansion of pipeline infrastructure
- Growth in NGL production
- Acquisitions of complementary assets
- Increased demand for energy exports
Threats
- Decline in commodity prices
- Increased regulatory scrutiny
- Competition from other midstream companies
- Environmental concerns and opposition to pipeline projects
Competitors and Market Share
Key Competitors
- Enterprise Products Partners (EPD)
- Kinder Morgan (KMI)
- Energy Transfer (ET)
- MPLX LP (MPLX)
Competitive Landscape
Plains operated in a competitive landscape with other major midstream companies. Competition was based on pipeline capacity, geographic reach, and service offerings.
Major Acquisitions
BridgeTex Pipeline Company
- Year: 2012
- Acquisition Price (USD millions): 1075
- Strategic Rationale: Expand crude oil transportation capabilities from the Permian Basin.
Growth Trajectory and Initiatives
Historical Growth: PAGP's historical growth was driven by the expansion of its pipeline network and the increasing demand for midstream energy services.
Future Projections: Future growth projections are now encompassed within Plains All American Pipeline, L.P. (PAA).
Recent Initiatives: Prior to the merger, Plains undertook initiatives to expand its pipeline network and increase its processing capacity. Post-merger, these initiatives are reflected in PAA's strategy.
Summary
Plains GP Holdings LP, as a publicly traded entity, no longer exists having merged into PAA. Before the merger, the company was a major player in the midstream energy sector, benefiting from its extensive pipeline network and strategic asset locations. Its strengths lied in transportation and storage capabilities of Crude Oil. However, exposure to commodity prices and regulatory risks presented challenges, and all those assets and concerns are now with PAA.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (historical)
- Industry Reports
- Analyst Estimates (historical)
- Company Press Releases (historical)
Disclaimers:
Data and analysis are based on historical information and publicly available sources. The information is not a recommendation to buy or sell any security. The merger of PAGP into PAA significantly alters the relevance of historical PAGP specific data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Plains GP Holdings LP
Exchange NASDAQ | Headquaters Houston, TX, United States | ||
IPO Launch date 2013-10-16 | Chairman & CEO of PAA GP Holdings LLC Mr. Wilfred C.W. Chiang | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees - | Website https://www.plains.com |
Full time employees - | Website https://www.plains.com | ||
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). It engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars, as well as providing terminalling, storage, and other related services. The company is also involved in the natural gas processing and NGL fractionation, storage, transportation, and terminalling activities. 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.