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PAGP

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Plains GP Holdings, L.P. · Energy · United States · $5.4B · Avg Vol: $40M/d

67
StockRank
Q
41
V
51
M
63
P/E (TTM)
29.9x
ROE
9.1%
D/E
0.8x
Dividend %
6.9%
AI CONVICTION THESIS

Plains GP Holdings owns the general partner interest in Plains All American Pipeline, a premier Permian Basin midstream operator. As geopolitical tensions in the Middle East create a structural floor for energy prices, US onshore production remains the critical global swing producer. PAGP benefits from volume growth and high utilization of its pipeline and storage assets, generating robust, contractually backed free cash flow with minimal capital expenditure, aligning with the Buffett lens of a toll-road asset.

COMPANY DESCRIPTION

Plains GP Holdings, L.P. primarily holds the general partner interest and a significant limited partner equity stake in Plains All American Pipeline, L.P. (PAA). This structure provides investors with an indirect, simplified ownership in PAA's extensive crude oil and natural gas liquids midstream infrastructure assets. Its performance is directly tied to the operational and financial success of PAA, benefiting from the stable, fee-based cash flows of essential energy infrastructure.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue57.3B47.3B48.9B44.3B-8.3%
EPS0.861.010.731.6624.5%
Shares194.4M196.4M197.5M197.9M+1.8%
Debt8.8B8.0B7.8B11.5B9.4%
Equity0000
Op CF2.4B2.7B2.5B2.9B6.8%
Inv CF-526.0M-702.0M-875.0M-3.4B
Fin CF-1.9B-2.0B-1.7B474.0M
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PRICE (1Y)+0.7%
23.1923.8824.5725.2625.95May 8Jun 1Jun 22
SMA 50SMA 200
Close
$23.35
RSI (14)
24.2
52W High
$26.15
From 52W High
0.9%

SCORE BREAKDOWN

Quality
41
ROIC
7.1%49.7
ROE
9.1%58.6
GP/Assets
8.6%23.4
Op. Margin
2.8%34.8
FCF/Assets
3.6%60.2
Piotroski
545.0
Int. Cover
4.0x49.2
D/E Ratio
0.83x28.3
Current Ratio
0.94x27.0
Value
51
P/E (TTM)
29.9x27.5
EV/EBITDA
12.2x21.6
P/FCF
4.8x83.8
P/B
3.6x15.3
P/S
0.1x97.0
Div Yield
6.9%85.0
Momentum
63
52W High %
89%86.9
RS 6M
17%63.6
SMA 50/200
1.17x63.1
EPS Rev 4W
+8.6%85.5
EPS Rev 12W
+35.2%68.8
EPS Improve
+179%75.8
Q Growth
-76%5.2

FUNDAMENTALS

Market Cap
$5.4B
P/E (Forward)
10.7x
Gross Margin
5.9%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of PAGP are excluded.

TickerCompanyMkt CapStockRankSignal
PAGPPlains GP Holdings, L.P.(you)$5.4B67BUY
AMAntero Midstream Corporation$10.3B66BUY
HESMHess Midstream LP$7.7B81STRONG BUY
PAAPlains All American Pipeline, L.P.$15.0B61HOLD
EEExcelerate Energy, Inc.$4.0B46HOLD
GLPGlobal Partners LP$1.4B64HOLD
VNOMViper Energy, Inc.$15.6B57HOLD
KNTKKinetik Holdings Inc.$7.8B43HOLD
INSWInternational Seaways, Inc.$4.3B95STRONG BUY
DTMDT Midstream, Inc.$14.7B40HOLD

Peer medians: ROE 9.9% · P/E 18.5x · Gross margin 40.7%

Plains GP Holdings, L.P. (PAGP) — Stock Score Summary

Plains GP Holdings, L.P. (PAGP) has a MoatMap StockRank of 67/100 based on Quality (41/100), Value (51/100), and Momentum (63/100) factor scores. The current signal is BUY. Plains GP Holdings owns the general partner interest in Plains All American Pipeline, a premier Permian Basin midstream operator. As geopolitical tensions in the Middle East create a structural floor for energy prices, US onshore production remains the critical global swing producer. PAGP benefits from volume growth and high utilization of its pipeline and storage assets, generating robust, contractually backed free cash flow with minimal capital expenditure, aligning with the Buffett lens of a toll-road asset.

Plains GP Holdings, L.P. primarily holds the general partner interest and a significant limited partner equity stake in Plains All American Pipeline, L.P. (PAA). This structure provides investors with an indirect, simplified ownership in PAA's extensive crude oil and natural gas liquids midstream infrastructure assets. Its performance is directly tied to the operational and financial success of PAA, benefiting from the stable, fee-based cash flows of essential energy infrastructure.

Key Financial Metrics

Price$23.35
Market Cap$5.4B
P/E (TTM)29.94
P/E (Forward)10.73
Price/Book3.63
Return on Equity9.1%
Return on Invested Capital7.1%
Debt/Equity82.98
Gross Margin5.9%
Operating Margin2.8%
Revenue Growth8.7%
Dividend Yield6.9%
Free Cash Flow$1.1B

Plains GP Holdings, L.P. operates in the Oil & Gas Midstream industry, part of the Energy sector (United States).

Frequently Asked Questions

What is Plains GP Holdings, L.P.’s (PAGP) StockRank?
MoatMap’s StockRank for Plains GP Holdings, L.P. (PAGP) is 67/100, with a Buy signal. It is a composite of Quality (41), Value (51), and Momentum (63) factor ranks across MoatMap’s 20,000+ stock universe.
Does Plains GP Holdings, L.P. have an economic moat?
Plains GP Holdings, L.P. (PAGP) has a Quality factor score of 41/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Plains GP Holdings, L.P. a buy, hold, or sell?
MoatMap’s current signal for Plains GP Holdings, L.P. (PAGP) is Buy, based on a StockRank of 67/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Plains GP Holdings, L.P. in?
Plains GP Holdings, L.P. (PAGP) operates in the Energy sector, specifically the Oil & Gas Midstream industry (United States).