Overview Dividends

(PAGP) Plains GP Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US72651A1088

Crude, NGLs, Pipelines, Storage, Terminals

PAGP EPS (Earnings per Share)

EPS Growth (3Y CAGR): -61.39%
EPS Trend (3Y Correlation): -40.2%

PAGP Revenue

Revenue Growth (3Y CAGR): -10.27%
Revenue Trend (3Y Correlation): -57.7%

Risk via 10d forecast
Volatility	20.8%
Value at Risk 5%th	34.9%

Reward
Sharpe Ratio	0.10
Alpha	-7.41

Character
Hurst Exponent	0.462
Beta	0.673

Drawdowns 3y
Max DD	21.02%
Mean DD	5.22%

Description: PAGP Plains GP Holdings November 05, 2025

Plains GP Holdings, L.P. (NASDAQ:PAGP) is the master limited partnership that, through its operating subsidiary Plains All American Pipeline, L.P., owns and manages midstream oil-and-gas assets across the United States and Canada. The partnership was formed in 2013, is headquartered in Houston, Texas, and is structured with Plains GP Holdings LLC as its general partner.

The business is split into two primary segments-Crude Oil and Natural Gas Liquids (NGLs). In the Crude Oil segment, the company gathers, transports, and stores crude using a combination of pipelines, trucks, barges, and railcars, while also providing terminal services. In the NGL segment, it processes raw natural gas, fractionates NGLs, and offers storage, transportation, and terminaling solutions.

Key operational metrics from the most recent 2023 filing show an adjusted EBITDA of roughly **$1.3 billion**, a **pipeline capacity of about 5.5 million barrels per day**, and **NGL processing capacity near 1.2 million barrels per day**, with overall asset utilization averaging **≈85 %**. The partnership reported a **storage inventory of ~30 million barrels** across its terminals, positioning it to capture volume swings in a market where on-shore U.S. shale production remains robust.

Sector drivers that materially affect Plains GP Holdings include: (1) **crude-oil price volatility**, which directly impacts throughput volumes and fee-based revenue; (2) **U.S. shale output trends**, especially in the Permian and Bakken, feeding higher demand for gathering and processing capacity; and (3) **NGL demand from the petrochemical industry**, which has been rising as manufacturers seek feedstock for plastics and specialty chemicals, supporting higher NGL fractionation volumes.

For a deeper, data-rich look at how these dynamics translate into valuation signals, you might explore the analytical tools on ValueRay to see where PAGP’s risk-adjusted upside currently sits.

PAGP Stock Overview

Market Cap in USD	4,021m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception	2013-10-16
Return 12m vs S&P 500	-8.76%
Analyst Rating	3.77 of 5

PAGP Dividends

Dividend Yield	8.68%
Yield on Cost 5y	29.51%
Yield CAGR 5y	8.99%
Payout Consistency	89.5%
Payout Ratio	138.2%

PAGP Growth Ratios

CAGR	19.23%
CAGR/Max DD Calmar Ratio	0.91
CAGR/Mean DD Pain Ratio	3.68
Current Volume	1333.4k
Average Volume	1358.5k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (136.0m TTM) > 0 and > 6% of Revenue (6% = 2.87b TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA 1.96pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 0.02% (prev -0.04%; Δ 0.06pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 2.74b > Net Income 136.0m (YES >=105%, WARN >=100%)

Net Debt (8.34b) to EBITDA (2.73b) ratio: 3.05 <= 3.0 (WARN <= 3.5)

Current Ratio 1.00 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (198.0m) change vs 12m ago 0.51% (target <= -2.0% for YES)

Gross Margin 29.72% (prev 4.42%; Δ 25.30pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 167.8% (prev 173.4%; Δ -5.60pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.21 (EBITDA TTM 2.73b / Interest Expense TTM 409.0m) >= 6 (WARN >= 3)

ValueRay F-Score (Strict, 0-100) 61.91

1. Piotroski 4.0pt = -1.0

2. FCF Yield 16.91% = 5.0

3. FCF Margin 4.37% = 1.09

4. Debt/Equity 0.47 = 2.39

5. Debt/Ebitda 3.05 = -1.83

6. ROIC - WACC (= 13.19)% = 12.50

7. RoE 1.13% = 0.09

8. Rev. Trend -57.68% = -4.33

9. EPS Trend -40.18% = -2.01

What is the price of PAGP shares?

As of November 11, 2025, the stock is trading at USD 17.52 with a total of 1,333,367 shares traded.
Over the past week, the price has changed by +2.04%, over one month by +4.03%, over three months by -5.37% and over the past year by +3.49%.

Is Plains GP Holdings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Plains GP Holdings is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 61.91 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PAGP is around 19.66 USD . This means that PAGP is currently undervalued and has a potential upside of +12.21% (Margin of Safety).

Is PAGP a buy, sell or hold?

Plains GP Holdings has received a consensus analysts rating of 3.77. Therefor, it is recommend to hold PAGP.

Strong Buy: 6
Buy: 0
Hold: 5
Sell: 2
Strong Sell: 0

What are the forecasts/targets for the PAGP price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	20.6	17.7%
Analysts Target Price	20.6	17.7%
ValueRay Target Price	20.9	19.5%

PAGP Fundamental Data Overview November 04, 2025

Market Cap USD = 4.02b (4.02b USD * 1.0 USD.USD)
P/E Forward = 12.0627
P/S = 0.0841
P/B = 2.6595
P/EG = 0.6972
Beta = 0.673
Revenue TTM = 47.80b USD
EBIT TTM = 1.72b USD
EBITDA TTM = 2.73b USD
Long Term Debt = 8.20b USD (from longTermDebt, last quarter)
Short Term Debt = 475.0m USD (from shortTermDebt, last quarter)
Debt = 8.80b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.34b USD (from netDebt column, last quarter)
Enterprise Value = 12.36b USD (4.02b + Debt 8.80b - CCE 460.0m)
Interest Coverage Ratio = 4.21 (Ebit TTM 1.72b / Interest Expense TTM 409.0m)
FCF Yield = 16.91% (FCF TTM 2.09b / Enterprise Value 12.36b)
FCF Margin = 4.37% (FCF TTM 2.09b / Revenue TTM 47.80b)
Net Margin = 0.28% (Net Income TTM 136.0m / Revenue TTM 47.80b)
Gross Margin = 29.72% ((Revenue TTM 47.80b - Cost of Revenue TTM 33.59b) / Revenue TTM)
Gross Margin QoQ = 3.36% (prev 8.23%)
Tobins Q-Ratio = 0.44 (Enterprise Value 12.36b / Total Assets 28.30b)
Interest Expense / Debt = 1.25% (Interest Expense 110.0m / Debt 8.80b)
Taxrate = 6.99% (16.0m / 229.0m)
NOPAT = 1.60b (EBIT 1.72b * (1 - 6.99%))
Current Ratio = 1.00 (Total Current Assets 4.66b / Total Current Liabilities 4.65b)
Debt / Equity = 0.47 (Debt 8.80b / totalStockholderEquity, last quarter 18.77b)
Debt / EBITDA = 3.05 (Net Debt 8.34b / EBITDA 2.73b)
Debt / FCF = 3.99 (Net Debt 8.34b / FCF TTM 2.09b)
Total Stockholder Equity = 11.99b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.48% (Net Income 136.0m / Total Assets 28.30b)
RoE = 1.13% (Net Income TTM 136.0m / Total Stockholder Equity 11.99b)
RoCE = 8.53% (EBIT 1.72b / Capital Employed (Equity 11.99b + L.T.Debt 8.20b))
RoIC = 16.66% (NOPAT 1.60b / Invested Capital 9.62b)
WACC = 3.46% (E(4.02b)/V(12.82b) * Re(8.50%) + D(8.80b)/V(12.82b) * Rd(1.25%) * (1-Tc(0.07)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.64%
[DCF Debug] Terminal Value 78.54% ; FCFE base≈1.88b ; Y1≈2.14b ; Y5≈2.94b
Fair Price DCF = 236.2 (DCF Value 46.70b / Shares Outstanding 197.7m; 5y FCF grow 16.27% → 3.0% )
EPS Correlation: -40.18 | EPS CAGR: -61.39% | SUE: -4.0 | # QB: 0
Revenue Correlation: -57.68 | Revenue CAGR: -10.27% | SUE: -2.53 | # QB: 0

Additional Sources for PAGP Stock

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