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Last $18.83 USD
Change Today -0.76 / -3.88%
Volume 1.3M
PAGP On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

plains gp holdings lp-cl a (PAGP) Snapshot

Open
$19.07
Previous Close
$19.59
Day High
$19.53
Day Low
$18.71
52 Week High
09/19/14 - $31.89
52 Week Low
08/24/15 - $16.59
Market Cap
11.4B
Average Volume 10 Days
2.4M
EPS TTM
$0.53
Shares Outstanding
224.3M
EX-Date
07/29/15
P/E TM
35.5x
Dividend
$0.91
Dividend Yield
4.48%
Current Stock Chart for PLAINS GP HOLDINGS LP-CL A (PAGP)

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plains gp holdings lp-cl a (PAGP) Details

Plains GP Holdings, L.P., through its interest in Plains AAP, L.P., owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids, natural gas, and refined products in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment is involved in transporting crude oil and NGL on pipelines, gathering systems, trucks, and barges. As of December 31, 2014, this segment had owned and leased assets comprising 17,800 miles of active crude oil and NGL pipelines and gathering systems; 29 million barrels of active, above-ground tank capacity; 800 trailers; and 149 transport and storage barges, as well as 72 transport tugs. The Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2014, this segment owned and operated approximately 73 million barrels of crude oil and refined products storage capacity; 23 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 29 billion cubic feet of base gas; 11 natural gas processing plants; a condensate processing facility; 7 fractionation plants; 26 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines. The Supply and Logistics segment is involved in merchant-related activities, such as purchase of crude oil, cargos, NGL; storage of inventory, and NGL and natural gas; and resale or exchange, and transport of crude oil and NGL. As of December 31, 2014, it owned 13 million barrels of crude oil and NGL line fill; 990 trucks and 1,100 trailers; and 8,100 crude oil and NGL railcars. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is based in Houston, Texas.

plains gp holdings lp-cl a (PAGP) Top Compensated Officers

Chairman of PAA GP Holdings LLC and Chief Exe...
Total Annual Compensation: $4.8M
President of PAA GP Holdings LLC and Chief Op...
Total Annual Compensation: $4.6M
Chief Financial Officer of PAA GP Holdings LL...
Total Annual Compensation: $2.1M
President of Plains Midstream Canada - PAA GP...
Total Annual Compensation: $4.2M
Executive Vice President of Commercial Activi...
Total Annual Compensation: $5.5M
Compensation as of Fiscal Year 2013.

plains gp holdings lp-cl a (PAGP) Key Developments

Bernstein Litowitz Berger &Grossmann LLP Files Securities Class Action against Plains All American Pipeline, L.P. and Plains GP Holdings, L.P

Bernstein Litowitz Berger &Grossmann LLP announced that it has filed a securities class action on behalf of the Jacksonville Police and Fire Pension Fund alleging claims under Section 10(b) and 20(a) under the Securities Exchange Act of 1934 on behalf of investors in the Common Units of Plains All American Pipeline, L.P. between February 27, 2013 and August 4, 2015, inclusive, and the Class A Shares of Plains GP Holdings, L.P. between October 16, 2013 and August 4, 2015, inclusive. The Complaint also alleges claims under Sections 11, 12 and 15 of the Securities Act of 1933 on behalf of all persons who purchased or otherwise acquired Plains Holdings Class A Shares pursuant and/or traceable to Plains Holdings' initial public offering conducted on or about October 16, 2013, as well as a registered public offering of Plains Holdings Class A Shares conducted on or about November 10, 2014. The action is captioned Jacksonville Police and Fire Pension Fund v. Plains All American Pipeline, L.P., No. 2:15-cv-06210 (C.D. Cal.). The Complaint alleges that during the Class Period, Plains, Plains Holdings and certain of its senior executives violated provisions of the Exchange Act by issuing false and misleading statements concerning the Company's pipeline monitoring, maintenance and spill response measures, as well as its compliance with federal regulations governing its pipeline operations. Among other things, Plains told investors and regulators that it was in compliance with regulations governing its pipeline operations, and that its Line 901 pipeline and operations off the coast of Santa Barbara, California were "state of the art" and therefore a spill was "extremely unlikely." The complaint also seeks remedies under the Securities Act against Plains Holdings, certain of its senior officers and directors, and certain underwriters of the IPO and November 2014 Offering for material misstatements and omissions contained in materials issued in connection with the Offerings.

Plains GP Holdings, L.P. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Plains GP Holdings, L.P. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues were $6,663 million against $11,195 million a year ago. Operating income was $208 million against $364 million a year ago. Income before tax was $154 million against $306 million a year ago. Net income attributable to the company was $30 million against $15 million a year ago. Diluted net income per share was $0.14 against income of $0.11 a year ago. For the six months, the company reported revenues were $22,878 million against $22,878 million a year ago. Operating income was $575 million against $854 million a year ago. Income before tax was $450 million against $734 million a year ago. Net income attributable to the company was $61 million against $29 million a year ago. Diluted net income per share was $0.27 against income of $0.21 a year ago.

Plains GP Holdings, L.P. to Report Q2, 2015 Results on Aug 04, 2015

Plains GP Holdings, L.P. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 04, 2015

 

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PAGP

Industry Average

Valuation PAGP Industry Range
Price/Earnings 100.0x
Price/Sales 0.1x
Price/Book 2.4x
Price/Cash Flow 23.4x
TEV/Sales NM Not Meaningful
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