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    Plains Group Holdings, L.P.

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    $PAGP
    Natural Gas Distribution
    Energy

    Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, and trucks. As of December 31, 2020, this segment owned and leased assets comprising 18,370 miles of crude oil and NGL pipelines and gathering systems; 35 million barrels of above-ground tank capacity; and 815 trailers. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2020, this segment owned and operated approximately 75 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; 68 billion cubic feet (Bcf) of natural gas storage capacity; 26 Bcf of base gas; 5 natural gas processing plants; a condensate processing facility; 8 fractionation plants; 22 crude oil and NGL rail terminals; 5 marine facilities; and 330 miles of pipelines. The Supply and Logistics segment engages in the purchase, logistics, and resale of crude oil and NGL. As of December 31, 2020, this segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 680 trucks and 840 trailers; and 6,000 crude oil and NGL railcars. The company offers logistics services to producers, refiners, and other customers. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.

    IPO Year: 2013

    Exchange: NYSE

    Website: plainsallamerican.com

    Peers

    $EPD

    Recent Analyst Ratings for Plains Group Holdings, L.P.

    DatePrice TargetRatingAnalyst
    1/10/2025$22.00Peer Perform → Outperform
    Wolfe Research
    12/18/2024$22.00 → $20.00Overweight → Equal Weight
    Wells Fargo
    10/25/2024$22.00 → $19.00Overweight → Equal-Weight
    Morgan Stanley
    4/8/2024$23.00Sector Outperform
    Scotiabank
    10/6/2023$13.50Sell
    Goldman
    9/25/2023$15.00Equal Weight → Underweight
    Barclays
    9/6/2023$14.00 → $15.50Buy → Neutral
    Citigroup
    4/21/2023$16.00 → $17.00Outperform → Strong Buy
    Raymond James
    12/9/2022$14.00Buy
    Citigroup
    11/21/2022$15.00 → $14.00Overweight → Neutral
    JP Morgan
    See more ratings