Plains GP Holdings, L.P.

Equities

PAGP

US72651A2078

Oil & Gas Transportation Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
18.76 ^USD	-0.85%		0.00%	+17.62%

Apr. 16	Stifel Adjusts Price Target on Plains GP Holdings to $22 From $18, Maintains Buy Rating	MT
Apr. 12	Barclays Raises Plains GP Holdings' Price Target to $18 From $16, Keeps Underweight Rating	MT

Plains GP Holdings, L.P. Reports Earnings Results for the Full Year Ended December 31, 2023

February 09, 2024 at 08:13 am EST

Plains GP Holdings, L.P. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 48,712 million compared to USD 57,342 million a year ago. Net income was USD 1,230 million compared to USD 1,037 million a year ago.

Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.86 a year ago.

Latest news about Plains GP Holdings, L.P.

Stifel Adjusts Price Target on Plains GP Holdings to $22 From $18, Maintains Buy Rating	Apr. 16	MT
Barclays Raises Plains GP Holdings' Price Target to $18 From $16, Keeps Underweight Rating	Apr. 12	MT
Goldman Sachs Adjusts Price Target on Plains GP to $16 From $14.50, Keeps Sell Rating	Apr. 12	MT
UBS Adjusts Plains GP Holdings Price Target to $23 From $22, Maintains Buy Rating	Apr. 12	MT
Plains GP Holdings Announces Quarterly Distribution on Class A Shares for the First Quarter of 2024, Payable on May 15, 2024	Apr. 04	CI
Transcript : Plains All American Pipeline, L.P., Plains GP Holdings, L.P., Q4 2023 Earnings Call, Feb 09, 2024	Feb. 09
Plains GP Holdings Q4 Earnings Rise, Revenue Falls	Feb. 09	MT
Plains GP Holdings, L.P. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 09	CI
Plains GP Holdings, L.P. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 09	CI
North American Morning Briefing : Stock Futures -2-	Feb. 09	DJ
Plains GP Holdings, L.P. Announces Fourth Quarter Cash Distribution, Payable on February 14, 2024	Jan. 08	CI
Truist Securities Raises Price Target on Plains GP to $21 From $17, Maintains Buy Rating	Nov. 06	MT
Transcript : Plains All American Pipeline, L.P., Plains GP Holdings, L.P., Q3 2023 Earnings Call, Nov 03, 2023	Nov. 03
Sector Update: Energy Stocks Gain Premarket Friday	Nov. 03	MT
Plains GP Holdings Q3 Earnings, Revenue Decline	Nov. 03	MT
Plains GP Holdings, L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 03	CI
North American Morning Briefing : S&P 500 Futures -2-	Nov. 03	DJ
Goldman Sachs Reinstates Plains GP Holdings at Sell With $13.50 Price Target	23-10-06	MT
Plains GP Holdings, L.P. Announces Cash Distribution to the Third Quarter of 2023, Payable on November 14, 2023	23-10-05	CI
Plains GP Holdings Insider Bought Shares Worth $1,006,694, According to a Recent SEC Filing	23-09-29	MT
North American Morning Briefing : Yield Surge -2-	23-09-26	DJ
Barclays Downgrades Plains GP to Underweight From Equalweight, Price Target is $15	23-09-25	MT
North American Morning Briefing : Concerns About -2-	23-09-07	DJ
Citigroup Downgrades Plains GP Holdings to Neutral From Buy, Adjusts Price Target to $15.50 From $14	23-09-06	MT
Transcript : Plains All American Pipeline, L.P., Plains GP Holdings, L.P., Q2 2023 Earnings Call, Aug 04, 2023	23-08-04

Chart Plains GP Holdings, L.P.

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Company Profile

Plains GP Holdings, L.P. is a limited partnership. The Company owns and operates critical midstream infrastructure systems that connect various producing regions to key demand centers and export terminals. The Company operates through two segments: Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other related services utilizing its integrated assets across the United States and Canada. The NGL segment operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. The NGL segment is engaged in providing gathering, fractionation, storage, and/or terminalling services to third-party customers for a fee, extracting NGL mix from the gas stream processed at its Empress straddle plant facility as well as acquiring NGL mix.

Sector

Oil & Gas Transportation Services

Calendar

2024-05-02 - Q1 2024 Earnings Release

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Ratings for Plains GP Holdings, L.P.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

18.76 USD

Average target price

19.09 USD

Spread / Average Target

+1.78%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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