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PAGP · Plains Gp Holdings LP

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$26.83 +0.03 (+0.11%)
Market Cap
$5.31B
Shares
197.90M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$26.80 Open$26.41 Day$26.27–26.85 52W close$16.85–26.80 Avg vol 30d1.5M Short int15.5M · 7.8% float · 10.7d Short vol82% Last earningsAug 7, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 10

Up next

Next earnings call
Nov 6, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 10, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Strong Buy
      SellHoldBuy
      Technical Strong Buy Momentum Very Strong Sentiment Neutral Fundamentals Strong Quant / Vol Very Low
      Market backdrop VIX 16 · calm Equity put/call 0.58
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +19%
      above
      Price vs 50-day avg +7%
      above
      RSI (14) 64
      neutral
      MACD trend Positive
      52-week position 100%
      near high
      Momentum
      relative strength
      Very Strong
      1-month return +1%
      trailing
      6-month return +19%
      trailing
      YTD return +40%
      this year
      Relative strength +8%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $25 › 200d $22 — 50d above 200d
      Institutional flow Distributing
      -2% holders QoQ · +34 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      7.82% of float · ▼ -4.9% MoM · 10.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      341 holders — near 3-yr high, broad support
      Squeeze score 75
      high risk · 0–100
      Fundamentals
      Strong
      Revenue growth −9%
      Y/Y
      Gross margin 5%
      expanding
      EPS growth +370%
      Y/Y
      Free cash flow $2.3B
      Buyback $190.0M
      remaining
      Balance sheet $10.9B
      net debt
      Quant / Vol
      risk profile
      Very Low
      Volatility 19%
      annualized · 1-yr
      Max drawdown −13%
      past year
      ATR 1.8%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed May 8, 2026
      Growth capital · full-year 2026 $350M
      Maintenance capital · full-year 2026 $185M
      Prior guidance period ended · from the 8-K filed Nov 5, 2025
      Adjusted EBITDA attributable to Plains · full-year 2025 $2.84B – $2.89B

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Strong Buy
      0 · 2 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +19% Bullish
      Price vs 50-day avg
      +7% Bullish
      RSI (14)
      64 Neutral
      MACD trend
      Positive Bullish
      52-week position
      100% Bullish
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $25 › 200d $22 — 50d above 200d
      Institutional flow Distributing
      -2% holders QoQ · +34 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      7.82% of float · ▼ -4.9% MoM · 10.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      341 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $17 Now $27 · 100% Range high $27
      vs 200-day avg +19% vs 50-day avg +7%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      GAAP → non-GAAP reconciliation
      GAAP Adjusted EBITDA $879M
      -$141M Adjusted EBITDA attributable to noncontrolling interests in consolidated joint ventures
      = Adjusted EBITDA attributable to PAA $738M
      Adjusted EBITDA from Crude Oil non-GAAP 582M Three Months Ended March 31, 2026
      Adjusted EBITDA from NGL non-GAAP 145M Three Months Ended March 31, 2026
      GAAP → non-GAAP reconciliation
      GAAP Net cash provided by operating activities 418M
      -233M Net cash used in investing activities
      +0M Cash contributions from noncontrolling interests
      -103M Cash distributions paid to noncontrolling interests
      +0M Proceeds from the issuance of related party notes
      = Adjusted Free Cash Flow 82M
      GAAP → non-GAAP reconciliation
      GAAP Adjusted Free Cash Flow 82M
      +103M Changes in assets and liabilities, net of acquisitions
      = Adjusted Free Cash Flow (Excluding Changes in Assets & Liabilities) 185M
      GAAP → non-GAAP reconciliation
      GAAP Adjusted Free Cash Flow 82M
      -348M Cash distributions
      = Adjusted Free Cash Flow after Distributions -266M
      GAAP → non-GAAP reconciliation
      GAAP Adjusted Free Cash Flow (Excluding Changes in Assets & Liabilities) 185M
      -348M Cash distributions
      = Adjusted Free Cash Flow after Distributions (Excluding Changes in Assets & Liabilities) -163M
      Adjusted net income attributable to PAA non-GAAP 325M Three Months Ended March 31, 2026
      GAAP → non-GAAP reconciliation
      GAAP Net income attributable to PAA 152M
      +173M Selected items impacting comparability - Adjusted net income attributable to PAA
      = Adjusted net income attributable to PAA 325M
      Diluted adjusted net income per common unit non-GAAP $0.39 Three Months Ended March 31, 2026
      Implied DCF per common unit and common unit equivalent non-GAAP $0.61 Three Months Ended March 31, 2026
      GAAP → non-GAAP reconciliation
      GAAP Basic net income per common unit $0.14
      +$0.47 Reconciling items per common unit and common unit equivalent
      = Implied DCF per common unit and common unit equivalent $0.61
      Pro forma leverage ratio 4.1 first-quarter 2026

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Oil & Gas Midstream — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      PAGP
      Plains Gp Holdings LP
      this stock
      $5.31B +40.0% -9.5% 7.8%
      ENB
      Enbridge Inc
      $111.37B +6.6% 1.4%
      WMB
      Williams Companies, Inc.
      $87.68B +19.2% +13.8% 28.6 2.2%
      EPD
      Enterprise Products Partners L.P.
      $82.99B +19.9% -6.4% 0.8%
      ET
      Energy Transfer LP
      $73.03B +28.6% +3.5% 0.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      341
      % held
      82.7%
      Net QoQ
      -13.0M sh
      Top holder
      TORTOISE CAPITAL ADVISORS…
      Held Float
      View
      Held by Funds
      Fund positions
      99
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      15.5M
      Days to cover
      10.7d
      Change
      -792.0K sh
      View
      Short Volume
      Short vol %
      82%
      As of
      Aug 21, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      245.9K
      Value
      $6.5M
      As of
      Jul 31, 2026
      View
      Off-Exchange
      Off-exchange %
      38.7%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Ritchie John Torres
      Amount
      $1.0K–$15.0K
      Traded
      Sep 26, 2024
      View
      Financials
      Financials
      Revenue (FY)
      $44.3B
      Net income (FY)
      $260.0M
      EPS diluted
      $0.47
      View
      Buybacks
      Authorized
      $500.0M
      Remaining
      $190.0M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Aug 10, 2026
      This year
      14
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 7, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      PAGP +5.1% +1.1% +18.9% +1.8% +40.0%
      SPY -2.0% +3.3% +11.2% +2.1% +11.8%
      vs SPY +7.1% -2.2% +7.7% -0.3% +28.2%

      Capital returns

      Latest dividend
      $0.418 / share · ex Jul 31, 2026
      Raised 10%
      Paid (TTM)
      $1.634 / share · 4 payouts
      Dividend yield (TTM, derived)
      6.10%
      Buyback program · as of Jun 30, 2026
      Authorized
      $500.00M
      Spent (derived)
      $310.00M
      Remaining
      $190.00M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1581990 CUSIP 72651A207 13F (30d) 304 filings 301 filers Visit website Investor relations